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The pound continues its recovery against the greenback. Plus, the outlook for other major currencies.
11/14/09 - 03:03 PM EST
EUR-GBP: Reverses Gains, Weakens
The cross wiped out its Wednesday gains on Thursday and was seen declining lower today, suggesting weakness toward its Nov. 9 low at 0.8896.
11/13/09 - 11:25 AM EST
Currency Pairs Gain in Fragile Trade
The major currency pairs gained some pips in Friday morning trade, but the moves seen until now are rather fragile.
11/13/09 - 07:11 AM EST
Euro Plunges, Dollar Index Bounces
The dollar index managed to bounce from just under the 76.00 area, the lowest value touched over the last 15-months of trade.
11/12/09 - 05:23 PM EST
British Pound Slips Toward Rising Trend Line
Loss of upside momentum continues to put GBP-USD under pressure.
11/12/09 - 11:52 AM EST
The pound could see a third session of weakness vs. the greenback.
11/12/09 - 09:35 AM EST
Dollar Index Makes Slight Advance
The dollar index took advantage of the initial declines in equity markets around the world Thursday to advance slightly.
11/12/09 - 06:46 AM EST
Dollar Hits Fresh 15-Month Low
The dollar fell to a new low, but the currency market bounced higher due to strength in equities and commodities.
11/11/09 - 04:52 PM EST
China Faces Pressure to Lift Yuan
The country's huge stimulus program is causing liquidity problems that could destabilize the international monetary system.
11/11/09 - 12:43 PM EST
The British pound trade fell dramatically after the governor of the Bank of Englands said a weaker pound would help the U.K. economy.
11/11/09 - 12:04 PM EST
Greenback Weakens vs. Australian Dollar
Technical analysis shows the greenback is likely to continue to lose ground against the Canadian and Australian dollars.
11/11/09 - 09:49 AM EST
Pound Drops On BOE Inflation Report
The pound plunged soon after the Bank of England raised near-term inflation and interest rates forecasts for the U.K. economy.
11/11/09 - 07:10 AM EST
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