Published on 15.05.2017 23:51 The oil price racked up its fourth straight day of gains today after Saudi Arabia and Russia said a deal to cut production should continue until March next year. After reaching a low of $46.50 just over a week ago, Brent crude oil has jumped more than 13 percent and is…
Read morePublished on 11.05.2017 21:22 The British pound has taken a hit today Against its US counterpart after an unexpected dovish speech from the Bank of England put to sleep and rate hikes in the nearest future. At 6.53pm (GMT) the British currency was trading at $1.2880 down from $1.2936 in yesterday’s trading session, Most analysts…
Read moreThe British pound made a run for the $1.30 mark against its US counterpart today, before pulling back late in the session and some believe it may be difficult to break through this level. At 5.06pm (GMT) the British currency was trading at $1.2938, virtually unchanged from yesterday’s trading. The local currency has been on…
Read moreThe British pound has come under pressure late in the European trading session today as the market awaits the latest interest rate decision from the US Federal Reserve. At 4.06pm (GMT) the British currency was trading at $1.29000 against its US counterpart, down from $1.2937 in yesterday’s trading. The Sterling strengthened earlier in the day…
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The Euro is trading slightly lower against its US counterpart in today’s trading after rallying for the past few days and some say this is just a small bump in the road and the European currency has further to climb. At 6.10pm(GMT) the Euro was trading at $1.0873 down from $1.0925 in yesterday’s trading. After…
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Published on 25.04.2017 19:41 The British pound is slightly higher in today’s trading against its US counterpart after positive local data increased appetite for the currency. At 3.53pm (GMT) the pound was trading at $1.2817 up from $1.2795 in yesterday’s trading. Data out earlier today showed Britain's public sector borrowing fell to the lowest level…
Read morePublished on 24.04.2017 21:16 The gold price has pulled back sharply today after yesterday’s French election results which saw both pro and anti-EU candidates make it to the 2nd round. At 6.39pm (GMT) gold was trading at $1,275, after hitting a low of $1,265 earlier in the trading session and down from $1,283 yesterday. In the…
Read morePublished on 19.04.2017 21:06 The gold price is taking a breather today after yesterday’s gains on the uncertainty of the upcoming UK elections, but according to one analyst a new all-time high could be in the making At 3.54pm (GMT) gold was trading at $1,279 down from $1,289 in yesterday’s trading. Most see today’s pullback…
Read morePublished on 19.04.2017 21:00 The British pound has pulled back slightly in late European trading today against its US counterpart after surging on the back of upcoming elections in the UK and some predict this just the start of good things to come. At 6.33pm (GMT) the British currency was trading at $1.2804 down from…
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