Global News Friday 11th March, 2011

Fx- Foreign Currency Exchange News: 11th March, 2011

This morning FX-Traders are watching the Yen plummet after news of a powerful earthquake has hit Japan with talk of warnings of a Tsunami to follow. The USD/JPY has bounced from session low around 82.75 and then moved more than 50 pips to break above 83.15 to reach a fresh two week high at 83.90.

Reports have also been released with regard to China’s economy and it shows continued strength in the Country’s economy which has given the Euro an additional bump.

Yesterday, we saw the Bank of England leave the rates untouched. Many FX-Investors had priced in a rate hike with inflation nearly double the Banks two percent.

Today European stocks are expected to open slightly lower following the downturn in US and Asia with concern that the protests in North Africa and the Middle East could spread higher than expected inflation data from China, and caution ahead of an EU leader’s summit.

Euro: The Euro was at 1.3818 compared with USD 1.3799 late in New York.

GBP The GBP/JPY spiked to a high at 133.75 before swinging to a near 2 week low at 1.3250 following news of a giant earthquake.

USD The USD/JPY has surged to 83.30 after the earthquake in Japan

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Fx- Foreign Currency Exchange News: 14th February, 2011

currency exchange Traders have watched the GBP/USD come back from its losses on Friday which took them to an intra day low of 1.5980 and it has already reversed the downward pressure picking up over 80 pips to peak at 1.6060 Another expectation that has been revealed today is that FX-Experts are saying that during the next 12 months it is expected that the BOE, BOC and ECB will each raise rates three times! We are also expecting the European stocks to open higher this morning as the political situation in Egypt starts to calm down and gains have been made in the US and Asia.

Euro: The EUR/USD has been heading higher since the opening of the Asian session and is correcting the downside of last week/ At the time of writing it can be found at about 1.3540.

GBP: The GBP is gaining against the USD and the Euro largely due to the unfolding events in the Middle East and the fact tat the Bank of England remains on course for tightening.

USD The USD was at JPY 83.20 this morning from JPY 83.40 on Friday.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available.

Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Daily Global Currency News

Daily Fx- Foreign Currency Exchange News: 25th January, 2011

Yesterday , FX Market Traders saw the USD and the EUR hit intraday lows against the Swiss Franc which is normally the safe-harbor and this was after a bomb at Russia’s busiest airport which was reported as killing at least 30 people.

We also saw the GBP weakening again slightly against the USD and falling against the Euro and this was due to weaker than expected retail sales and this showed slower consumer demand and yet again highlighted how fragile the economic recovery is. Today we will see the first sale of upto 5 Billion Euro Bonds by the European Financial Stability Facility.

European stock markets are expected to open higher and this has been strongly supported by strong gains in US and Asian overnight markets and renewed optimisim in the Euro zone.

Euro: The EUR/USD looks set to continue it’s north wood journey as risk appetite is buoyed by rising Asian markets

Pound: We are seeing some of the sovereign names are selling the GBP/AUD to adjust positions which is weighing on other GBP crosses. We are seeing alot of GBP/AUD selling which is weakening the GBP against other currencies.

US Dollar: The USD/CHF has been moving and trading sideways during the overnight session and this looks set to continue into European trading.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

FX-Foreign Exchange News

Daily Fx- Foreign Currency Exchange News: 20th January, 2011

Global FX Traders have seen the USD going higher following data being released on the Chinese economy which shows that Gross Domestic Products rose by 9.8% year over year which is better than the predicted 9.6%. Although the positive news is good with other data better than expected the inflation is still at 4.6% which is more than the Chinese Government wish to see and most FX-Traders and people expect to see the Bank of China raising rates over the next year.

Sterling has shifted to the negative side again and this is after the latest UK date showed no great signs of an economic recovery. This morning the European market is expected to show very little change with further data coming in from the US with regard to earnings

Euro:The EUR/USD The pair are continuing to pare the over night decline as we wait for the European market to open.

Pound: The GBP/USD has failed to close above 1.600 and overnight was punished by Asian traders who are drifting the price lower, it is currently at 1.5920.

US Dollar: The USD/JPY was at JPY82.11 from JPY 82.02.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here

Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400

This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.