Decline Archive
The greeback pulled back from its sharp sell-off on Thursday, as weak US economic data spurred a return to risk aversion.- In early trading, the dollar continued to lose ground following the better-than-expected US growth data, however the GBP/USD rally …
The pound continued to rally yesterday and is now poised to snap a three-month decline versus the euro, as the UK showed positive economic signals. - Data from the Bank of England revealed that UK net consumer lending rose less …
As the currency analysts Royal Bank of Scotland, the rising trend of the euro remains in force, and investors should buy the currency at lower. The bank's strategy pay attention to the fact that the euro / dollar has declined …
M3 euro area (an indicator of the money supply) amounted to 1,8% in September compared with 2.6% in the previous month. Analysts expected decline to 2,1%. Note that the monetary aggregate M3 includes the amount of cash currency in circulation, …
In an uncertain day for the UK economy, the pound lost as much as 2.0% to the euro on Friday, sharply reversing its recent rally to close down at 1.0862. - Data revealed that the UK economy unexpectedly contracted by …
The number of primary applications for unemployment insurance in the United States increased over the past week for the first time after two weeks of decline.Index rose for the week of October 17 to 11 thousand to 531 thousand, being …
As the currency analysts UniCredit, the weakening U.S. dollar continues and does not even try to slow down, thus, believe in the bank, no data on the U.S. housing market, which went today at 16:30 Moscow Time, or the next …
Net public sector borrowing in September reached a record high, but were slightly above forecasts. The need for public sector cash flow in September also proved to be a record, but also below analysts' forecasts. Costs continue to rise by …
Sterling’s rally against the euro persisted on Friday, albeit with slightly less momentum, with the price closing the week at 1.0971, up 0.8% on the day.- Sterling’s volatile run continued with a modest climb at the end of last week, …
Analysts said BNP Paribas, in the medium term decline of the British pound will continue. However, note in the bank, now the main theme is the weakening U.S. currency. Pound / dollar is now trading near the bank's target level …
The aussie climbed a further two cents yesterday as figures revealed rising employment in Australia, and as rising risk appetite supported strong demand for high yielding currencies. - The Australian dollar continued to push higher as encouraging data from the …
Sterling reversed a three-day decline against the kiwi, posting marginal gains following a rise in risk aversion, closing the day at 2.1682. - It was a choppy session for sterling, which initially dropped to a low of 2.1476 in early …
The euro relinquished some of its recent gains against the greenback yesterday, with investors on the defensive ahead of the ECB rate decision today. - A broadly stronger dollar was the currency of choice yesterday as investors trimmed “riskier” positions …
The euro posted solid gains against the greenback yesterday, as positive US data buoyed demand for the ‘riskier’ single currency. - The dollar remained weaker against the euro in trading, continuing its decline after last week's weaker-than-expected US data failed …
The single currency shrugged off worse-than-expected US non-farm payrolls data to post gains, closing up 0.2% at 1.4574.- Date revealed that the US economy lost 263,000 jobs in September, which was more than had been expected, according to official non-farm …