Archive for November, 2012

GBP at five-week high versus euro after BoE pause

by Forex Rooton November 25, 2012 10:55 am GMT
GBP hit a five-week high against the euro on Thursday as the Bank of England left interest rates and the size of its bond-buying programme unchanged.

EUR/USD targets 1.3000 after S&P downgraded Hungary

by Forex Rooton November 24, 2012 7:44 am GMT
The Euro now is climbing ahead 1.3000 after agency S&P has downgraded Hungary’s credit rating to BB from BB+. The euro rose as high as $1.2991

Aussie Is Too Down Under: Pro

by Forex Rooton November 23, 2012 9:52 pm GMT
If you’ve been long the euro against the Australian dollar, congratulations. The common currency has risen sharply in the last ten weeks, from well under 1.2200 to nearly 1.2400.

Sterling falls to 1-month low as Greek aid deal lifts euro

by Forex Rooton November 23, 2012 9:39 pm GMT
Sterling fell to a one-month low against a firmer euro and a trade-weighted basket of currencies on Friday as international lenders inched towards an aid deal for Greece.