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Euro (€) Currency Thread
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1.1570 trading at end of dayPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1515 to start this morningPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
08:16 22Jul09 EUR/GBP: Market Bid As GBP under Pressure, Bank of England's Bean Talks
EUR/GBP continues gains from recovery from the potential .8592 (Monday"s
low), with the overall focus on .8699 (July 13 spike high). Note that overall
range today has been .8646-.8690 (<TGM2371>), while the lowest seen in Europe has been .8656. Be aware that there is a 100mn EUR/GBP .8700 option strike set to expire on July 29 (next week Wednesday <TGM2370>), so as this date approaches the chances increase of prices being drawn here. Despite this, should the EUR unit continue to outpace GBP, then we should see an extension towards the 200- day moving average (.8795).
In terms of data, July CBI trends data (Reuters survey shows a market
expectation of -45.00). Note that BoE Bean has stated that the economy must be rectified fiscally, once the recovery is underway which at present shows no signs of occurring. In terms of inflation his expectations are for further falls in inflation, this has put GBP under pressure.Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1510 tradingPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
up to 1.1540 after BoE minutesPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1560 nowPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1590 to start the dayPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1605 trading, 1min before Retail Sales figures.....Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1610 as the day draws to a close...Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
1.1645 to start the dayPlease take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0
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