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21 Aug 2012: Federal Reserve’s upcoming policy meeting drags the USD down

EUR/GBP
EUR up against GBP on hopes euro zone officials could come up with a plan for action to help troubled economies

Euro is up against major counterparts on high expectations that the policymakers would come up with a plan to support the indebted euro zone countries. However, doubts that officials may not be able to come into agreement remain. ...
 
16 Aug 2012: Sterling up on low unemployemnt data

EUR/GBP
GBP high as UK Unemployment Rate is at its lowest rate in a year

Today the Consumer Price Index will be released and will have a positive effect on the Euro if it’s higher-than-expected. At the moment, however, sterling is upgrading as unemployment in the UK is at its lowest rate in a year. ...
 
14 Aug 2012: USD falls on concerns the Federal Reserve plans to stimulate the US economy

EUR/GBP
EUR up against GBP on expectations of the German ZEW Economic Sentiment

Today investors are awaiting the release of important indexes which will possibly change the Euro’s direction. The most important of all is the German ZEW Economic Sentiment which is a leading indicator of economic health. ...
 
02 Aug 2012: EUR up on expectations of the upcoming ECB meeting today

EUR/GBP
The Euro is growing against the GBP on expectations of the upcoming ECB monetary policy meeting later today

The Euro is gaining against sterling as investors are awaiting the ECB meeting today, which may increase their risk appetite. At the same time, sterling is expected to be largely affected by several economic indexes that will be released later today. ...
 
31 Jul 2012: USD down on concerns about further quantitative easing

EUR/GBP
EUR up against GBP on ECB President Draghi’s speech

Euro is steady and growing against the Pound since the ECB President Mario Draghi announced he would do whatever it takes to support the euro zone to solve its debt crisis.
GBP/EUR
GBP down against EUR due to Draghi’s promises to support the euro zone and the lack of economic announcements in the UK

Last week, the ECB President Draghi announced that the ECB would do anything to support the euro zone’s debt crisis. ...