Currency Forecasts

Category: Irish Debt Crisis

Pound hits 2 month high vs Euro

24th November 2010Good morning. Yesterday was full of surprises. Firstly the military action in Korea worried the markets and strengthened the US Dollar, pushing GBP/USD rates to a 1 month low. Versus the Euro however, Sterling hit a 2 month…

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Euro weakens over political uncertainty in Ireland

23rd November 2010Good morning. The euro slipped against sterling yesterday, relinquishing early gains after the single currency’s initial rally after Ireland secured a debt bailout was overtaken by political uncertainty as Dublin looked headed for an early election. We’ll look…

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