Firstratefx - firstratefx.com
General Information:
Latest News:
Market News 17 August 2012 20 Aug 2012 | 08:38 pm
Good morning GBP: The Olympics effect will continue to boost Britain's economic performance, according to investors, and will redress some of the losses posted in the first half of the year. The Bank ...
Market News 16 August 2012 16 Aug 2012 | 04:00 pm
Good morning GBP: Unemployment fell to its lowest rate in almost a year, at 8%. This took markets by surprise and some analysts attributed the rise to temporary jobs during the Olympics. The Libor sca...
Market News 15 August 2012 15 Aug 2012 | 03:47 pm
Good morning GBP: Sterling held steady against the dollar, as Bank of England minutes due out this morning. Investors will be waiting to see whether further QE will be announced to stimulate the econo...
Market News 14 August 2012 14 Aug 2012 | 11:12 pm
Good morning GBP: UK coalition government to announce a new raft of stimuli for the housing market in an effort to move sterling out of recession. Although the full package won't be known until next m...
Market News 13 August 2012 13 Aug 2012 | 04:58 pm
Good Morning. GBP: A very quiet day in store as UK returns to normal after the Olympics. The only economic result of note is the RICS Housing Price Balance for July, showing the strength of the housin...
Market News 10 August 2012 10 Aug 2012 | 04:32 pm
Good morning It is not only Team GB that is going for gold in a big way; the world price of gold is on the rise as investors seek a safe haven from disappointing economic results GBP: Since the releas...
Market News 9 August 2012 9 Aug 2012 | 10:55 pm
Good morning GBP: . Mervyn King’s speech reassured the markets yesterday, and despite the gloomy BoE Inflation Report, sterling actually strengthened through the afternoon in the absence of an interes...
Market News 8 August 2012 8 Aug 2012 | 03:48 pm
Good morning GBP: . Economists bracing themselves for the Bank of England’s quarterly inflation report. Mervyn King is widely expected to announce that the growth rate is close to zero. Sterling conti...
Market News 7 August 2012 8 Aug 2012 | 03:46 pm
Good morning GBP: . UK retail sales disappointed, reflecting continuing pressures on disposable income, leading to speculation that the ‘Olympic Effect’ will not filter through until August. EURO: Spa...
Market News, 30 July 2012 30 Jul 2012 | 04:20 pm
Good morning. A busy week ahead for economic results, which will result in some volatility for the major currencies. GBP: Some market moving economic releases due for sterling today, and the rest of t...