Posts Tagged ‘EUR’
Currency Articles - October 19, 2010 18:52
FX Market Update 19th October 2010
Today we have seen some respite for the USD. The Dollar has made gains against most currencies today as US Treasury Secretary, Timothy Geithner has said that the US will work to preserve confidence in a strong currency and will not work to devalue their currency.
FX Market Update 16th October
Sterling has suffered today, the austerity measures set to be announced on Wednesday were always going to see selling pressure on the pound return to the markets. There is a saying in the markets that goes ‘sell fear’ and ‘buy fact’. This is not of course always the case.
Most Popular Content
- Gold and Copper Prices Dip Amid Trade Turbulence and Tariff Worries
- Copper Prices Hit New Heights Amid Global Trade Tensions
- Oil Markets Respond to OPEC+ Production Signals as Prices Find Support
- Gold Prices Reach Record Highs Amid Economic Uncertainty and Volatility
- Pressure Mounts on the British Pound Following Autumn Budget
- Impact and Outlook for the U.S. Economy on Rate Cut
- Gold and Copper Markets Respond to Powell
- US Stock Market Faces Turbulence and Mixed Commodity Reactions