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21 Jun 2012

EUR/GBP
EUR falls against GBP despite fresh hopes on the Greek New Democracy’s plan to solve Greek economic crisis

The new Greek coalition brings fresh hopes that it would be able to cope with the crisis and boost the economy. New Democracy promises that its main purpose is now to repay the bailout funds. ...
 
19 Jun 2012: USD drops on upcoming Federal Reserve’s policy meeting

EUR/GBP
EUR barely gaining against GBP due to Greek elections’ outcome over the weekend

The Euro is just barely growing against the sterling at the moment as the economic situation is Greece calmed after the Greek elections over the weekend. However, worries remain on Spain’s debt crisis and experts say the 100 billion bailout may not permanently solve the problems with the banking sector in Spain. ...
 
14 Jun 2012: US Dollar down vs Euro on increased risk sentiment

EUR/GBP
Euro grows against the Sterling on hopes of the upcoming ECB Monthly Report

Investors are awaiting the ECB Monthly Report to be released today, as it will reveal the true situation in Spain and in Greece. Meantime, the European Industrial Production was released and showed lower-than-expected activity. ...
 
12 Jun 2012: US Dollar holds steady but lower against the Euro

EUR/GBP
Euro falls against the Pound due to lack of clarity on where the funds for the Spanish bailout would come from

The lack of clarity about where the funds for the Spanish bailout would come from is weighing heavily on the Euro. The single currency is also suffering from the unclear outcome from the upcoming Greek elections. ...
 
07 Jun 2012: Rising house prices in UK failed to boost the sterling

GBP/USD
Pound downgrading although house prices in UK rose in May

The house prices in the U.K. rose in May as expected. ...