To contact us for the BEST EXCHANG RATES see below. As traders - TopicsExpress



          

To contact us for the BEST EXCHANG RATES see below. As traders await Fed Chairman Bernanke’s testimony tomorrow the USD initially opens a little weaker this morning after yesterdays US retail sales surprised to the downside. Sterling has been sold quite heavily during the course of this morning, the low today € 1.1514 & $ 1.5043 respectively, as CPI data shows lower inflationary pressure for the UK. Some traders expect Sterling to come under renewed selling pressure going forward. Meanwhile, German ZEW index was also below market expectations which is somewhat of a concern as it was reported yesterday that European car sales have hit a 17 year low. As it stands traders still prefer to buy into any signs of USD weakness. Phone: +44 (0) 203 326 4403 Richard Bass E Mail: aircrewfx@worldwidecurrencies worldwidecurrencies/aircrew
Posted on: Tue, 16 Jul 2013 15:10:07 +0000

Trending Topics



Recently Viewed Topics




© 2015