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Sterling and Dollar Standout

The euro remained on the backseat for yet another day as the recent rise of the Dollar and fresh news from Greece weighed down on the currency that reached the 1.0900 support. While the Dollar is receiving more support as we mentioned above the news from Greece reiterate how complicated a solution to the Greek problem … Continue reading

Analysis / Daily / Finance / forex

Sterling slips to two-week low against resurgent euro

Sterling continued its 10-day decline against a resurgent euro yesterday, falling to its lowest in two weeks, as investors looked ahead to British growth data later in the week. With Chinese market turmoil and a slide in commodity prices throwing doubt over the strength of global growth, some sterling traders are starting to question whether the … Continue reading