Tor FX

Weekly currency roundup – US budget concerns dominate sentiment

30 Sep 2013 @ 16:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]
 

Weekly Currency Roundup - A Week of Two Halves for the Pound

20 Sep 2013 @ 14:51
Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]
 

Weekly currency roundup – Syria dominated the markets

30 Aug 2013 @ 11:24
Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]
 

Weekly currency roundup – Federal Reserve minutes batter riskier assets

23 Aug 2013 @ 12:45
Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]
 

Weekly currency roundup – Another week of improvement for the UK and US economies

16 Aug 2013 @ 10:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
 

Weekly currency roundup – A highly volatile week ends on a positive note for GBP,EUR,AUD,NZD

12 Aug 2013 @ 15:48
Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]
 

Weekly Currency Roundup – Positive week for USA sees Dollar strengthen

02 Aug 2013 @ 10:16
Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]
 

Weekly Currency Roundup – Weaker Dollar Allows Commodity Currencies To Rise

26 Jul 2013 @ 10:42
Pound Sterling – At the start of the week the Pound was trading above a two-week high against the US Dollar as the UK awaited the birth of its future King. The currency found support by comments made by Prime Minister David Cameron that taxes could be cut in the near future as the UK economy […]
 

Weekly Currency Roundup - The Pound Continues to Struggle

15 Jul 2013 @ 12:08
Pound Sterling Over the course of last week the Pound experienced pretty extensive fluctuations. As the week began, disappointing UK industrial production figures and speculation surrounding Federal Reserve chairman Ben Bernanke’s announcement saw Sterling slide against the US Dollar and Euro. To ask a currency expert a question direct, click HERE Or to receive a […]
 

Weekly currency roundup – Central Banks and political uncertainty ruled the markets

05 Jul 2013 @ 10:49
Pound Sterling – the Pound had a week of ups and downs even as released economic data showed that the UK economy is on track to make a recovery. Early in the week a combination of positive construction, PMI and GDP data supported Sterling, sending it upwards against its peers. To ask a currency expert a […]
 
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