Lucky Escape For Sterling (1.11)
 Mar 09, 2010
Positive economic signs from the UK economy allow a near-miraculous recovery for sterling after a sharp fall. Investors are more relaxed about the Greek budget problems.

Sterling fell sharply last Monday, losing nearly two cents before lunch. The remainder of the week was devoted to the slow and tedious process of r...

[ Read Full Story ]

 More Punishment For Sterling (1.11)
 Mar 03, 2010
Upward revision to fourth quarter economic data does sterling no favours. Germany and France consider a bailout for Greece but there are no details yet.

A two-day honeymoon took sterling from 1.1350 Euro to almost 1.1450 Euro before it set off south. Thursday and Friday were a one-way street that took it down to 1.1...

[ Read Full Story ]

 January Spending Gap Hurts Sterling (1.135)
 Feb 24, 2010
Having set off from 1.15 Euro the pound fluctuated between 1.14 Euro and 1.1550 Euro until the middle of the week. On Thursday it took a dive, which was extended on Friday. It opened in London this morning off its lows - but only just - at 1.1350 Euro.

The week got off to a slow start with bank holidays in Switzerla...

[ Read Full Story ]

 A Panic Free Week For Sterling (1.15)
 Feb 16, 2010
Sterling makes the most of its I'm-not-a-euro credentials. Euro has no such defence to Greece's problems.

The pound drifted down from 1.14 Euro to 1.13 Euro before jumping nearly two cents higher on Thursday. It peaked at 1.1550 Euro on Friday and opened in London this morning at 1.15 Euro.

Sterling has been doin...

[ Read Full Story ]

 Greek Problems Overshadow All Markets (1.14)
 Feb 11, 2010
Investors still not convinced that Greece can sort itself out without external help. Sterling and euro lumped with 'risky' currencies as dollar and yen push ahead.

A one-cent range held sterling between 1.14 Euro and 1.15 Euro. It opened in London this morning half a cent down on the week at 1.14 Euro.

Until a mo...

[ Read Full Story ]

 Growth and Credit Status Hold Sterling Back (1.15)
 Feb 02, 2010
Sterling managed to add about half a cent, opening this morning in London at 1.1450 Euro, but did it the hard way. A one-cent setback on Tuesday and a peak of over 1.16 Euro show just how much the pound had given back before squeezing that modest weekly gain.

The week began with optimism that figures for the fourth ...

[ Read Full Story ]

 Sterling Has A Better Week (1.14)
 Jan 26, 2010
It was a reasonably good week for sterling but it could have been better. From 1.1350 Euro it had added two cents by Wednesday but the following two days were less than helpful. The pound seemed to be heading for 1.1350 Euro in the Far East early this morning but managed to scramble back to 1.14 Euro in time for London...

[ Read Full Story ]

 The Quercy Under A Blanket Of Snow
 Jan 11, 2010
The Quercy seems to have got off lightly compared to the UK, but the children have been thrilled to have the opportunity to go sledging - the consistency of the recent snow hasn't been quite right fo making snow people.

Couldn't resist adding this picture of relaxing by the pool:


http://s4.postimage.org/1fhKCJ....

[ Read Full Story ]

< Back