Posts Tagged ‘British currency’

Trichet will face tough questions

The greenback again lost ground against the EUR and GBP, as in the international stock market is showing an increased appetite for risk, which was reflected in the movements of the stock. Portugal managed to make a successful auction of bonds and, apparently, the results were good enough to appease the restless spirits of investors, at least temporarily. While yesterday unveiled little significant economic news in the United States was published on Crude Oil Inventories, which determines the weekly increase in the number of barrels of American oil companies have in inventory, and showed a further decline. You knew the USDA crop report, which showed a slight reduction in the size of U.S. crops, a result that caused the increase in prices of

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Investing in pounds

2imagesThe euro continues to dream of the possibility of reaching parity with the British currency. Since the birth of the single currency in 1999, the euro almost never regained parity with the currency of Great Britain. The pound all these years showed a sign of strength than the common European currency. The battle between the two currencies is very close. (more...)

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Currency Market: Week 15 to December 19

images11Are we seeing the return of Super Euro? It is too soon to say, but this last week has seen a bullish rally, which only gave respite on Friday, the European currency trading on the two major world currencies: the dollar and British pound . In fact, the latter is touching record lows against the euro since the creation of this. Read the rest of this entry »

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