Forex theory and practice

In class last week we discussed exchange rate determination, prefaced by the recent relationship between pound sterling and the Euro ... has fallen is the looming recession and historically low interest rates. Although I think that exchange ... about the euro area’s prospects led foreign-exchange dealers to factor in an early cut in European interest [more...]

Date: 2009-01-11 17:30:42

Blog posts (5) | Videos (3)
 

Tesco Reports Respectable Q-3 International Sales Growth; Weakest UK Sales in 15 Years; Fresh & Easy USA Not One of the International Bright Spots

Analysis - With a special look at Fresh & Easy USAUnited Kingdom-based global retailer Tesco, ... of the Korean Won against Sterling," Tesco said in a statement today."We have seen strong growth in all our European markets, although favourable exchange rate movements have contributed significantly [more...]

Date: 2008-12-03 01:06:00

British pound drops below euro on the street

Ruh roh. This is not going to go over well in ol Blighty but for Europeans, ... , €18 cost The Observer £19.61, an exchange rate of €0.918 to the pound. Tourists at Birmingham ... slumped to below parity with the euro on British high streets and at airports for the first time since [more...]

Date: 2008-12-14 09:17:00

In the money

Picked up by The Daily Mail is the staggering story that the bill for membership of the European Union will increase by nearly £4 billion, ... by The Independent which adds a small but vital detail. When determining the exchange rate at which we pay [more...]

Date: 2009-01-05 15:23:00

HK dollar eases, interbank rates remain soft

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . Another dealer at a European bank attributed the fall in part to the U.S. dollar’s strength ... market in the past few months aimed at keeping the Hong Kong dollar within its pegged trading band [more...]

Date: 2009-01-06 06:47:08

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