Monthly Archives — "April 2010"

The Pound made gains against the Euro and the Dollar after a pledge from European officials that debt aid for Greece will be immanent suppressed worries about euro zone credit risk. Data showing rising UK house prices also helped to support the Pound. UK house prices rose 1 percent in April, increasing for the second ...

The Pound declined against the Dollar and the Euro as the risk of fall out from Greece’s deepening crisis put the focus back on the UK’s fiscal problems and on the possibility that no political party will win a majority at next week’s election. Investors fear that if no one party wins an outright majority ...

The Pound declined against the Dollar while remaining relatively unchanged against the Euro as S&P’s credit rating of Greece and Portugal declined triggered slumps in risk aversion forcing investors into the Dollar. The Dollar made considerable gains against the Euro and the Pound as the markets largely shrugged off the economic reports released earlier in ...