Sterling has had a turbulent week hitting a four and half month high against the US dollar and a two week low against the euro before these trends reversed towards the back end of the week. The annual and fourth quarter GDP figures for 2011 were both unexpectedly revised down this week and figures showed that the UK’s disposable income has now fallen to its lowest level since 1921. There is very little data out of the UK today; but, with news released elsewhere there is still the potential for a lot of volatility so call in now for the latest update and a live quote.

The euro had a poor end of the week as Standard and Poor’s (one of the three biggest credit rating agency) suggested that Greece may need its debt restructuring again; furthermore, one of the members of the ECB stated his belief that Portugal may need more European aid. On a more positive note, German unemployment fell more than anticipated; but, this did little to increase the sentiment from the Eurozone as the majority of countries struggle to produce any positive data. The market will look to decipher the budget cuts announcements that are expected from Spain today with the 24 hour general strike in full flow. Furthermore, German retail sales and French consumer spending figures will give some indication of the state of the economy from the two largest economic countries; but, whether this gives a true indication of the state of the region's economy as a whole is a different question entirely. Call in now for the latest update and the latest news.

The US dollar had poor start to the week; but, strengthened against the majority of currencies as the week progressed. Announcements this week suggested that the Federal Reserve Bank would look to keep monetary policy loose for the time being. A string of bad data was released this week as core and headline durable goods orders rose by less than markets had predicted, weak house sales data were revealed and unexpectedly poor labour data showed that the number of individuals who filed for unemployment insurance had risen. There is a raft of data out of the US today including personal spending and consumer sentiment figures so call in now for the latest update and a live quote.

Elsewhere, the Australian dollar, New Zealand dollar and South African all had a poor week, whilst the Japanese yen changed from being particularly weak against the majority of currencies before strengthening mid-way through the week as the markets risk appetite changed. The most notable news was that the Chinese yuan strengthened to a record high against the US dollar following the Chinese president stating that he will look to "let the market play a greater role” in determining the yuan’s strength. A raft of data from Australia and Japan was released first thing this morning with monthly GDP figures released from Canada in the early afternoon. Call in now for the latest update and the latest news.

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Sterling had a poor day yesterday weakening off against the majority of currencies as the fourth quarter GDP figures for 2011 were unexpectedly revised down to -0.3%; furthermore, annual GDP figures were also revised down to 0.5%. Data released yesterday showed that the UK’s disposable income has now dropped to -1.2% meaning consumers have to tighten their belts even more to maintain their living. This negativity drove sterling to a two week low against the euro. House price data and figures depicting the net lending to individuals is released today which will go some way to indicate the state of the UK’s economy so call in now for the latest update and a live quote.

The euro had a mixed day yesterday as rumours suggested that the Eurozone countries might try to increases the bailout fund sooner rather than expected which would create greater certainty in the region. German unemployment figures is the main data on the agenda today, the markets will looks for signs that the labour market could potentially lead the Eurozone recovery as it has in the US. Call in now for the latest update and the latest news.

The US dollar had a strong day yesterday, strengthening against the majority of currencies despite both the core and headline durable goods orders rising by less than markets had predicted. Today, more labour data is released in the form of unemployment claims and the final quarters GDP for 2011 will also be revealed. Both have the potential to cause some volatility in the market so call in now for the latest update and the latest news.

Elsewhere, fears surrounding China’s economic growth weighed on the Australian dollar as it weakened against the majority of currencies. Business confidence data was released from New Zealand late last night and the main other release is the raw materials inflation data from Canada. Call in now for the latest update and the latest news.

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Sterling hit a four and a half month high against the US dollar today before losing ground and ending the day where it started. Sterling traded in a similar pattern against the majority of currencies strengthening in the morning before retracing in the late afternoon. One of the members of the Bank of England suggested that the central banks interest rates could be raised sooner than initially anticipated; but, the markets still expect the Bank of England to keep to its wait-and-see approach for quite a time yet. Trade balance figures and the final quarters GDP for 2011 will be released today which provide are a good indicator of the state of the UK’s economy so call in now for the latest update and a live quote.

The euro weakened off against sterling, the US dollar and the Swiss franc yesterday; but strengthened against the majority of commodity backed currencies. A weak Spanish bond auction and poor German consumer climate figures released yesterday did little to boost confidence in the Eurozone. There is not much data release in the Eurozone today as the markets look elsewhere for influence so call in now for the latest update and the latest news.

The US dollar strengthened against the majority of currencies yesterday; but, ended the day fairly flat against sterling as the Federal Reserve Bank suggested that it would keep monetary policy loose. On the data front, the Conference Board (CB) index representing consumer confidence came out as the markets had anticipated. The main data released today is the Core Durable Goods Orders figures which is expected to show a 1.6% increase in the total value of new purchase orders placed with manufacturers for durable goods; any variation from the expected values could create volatility in the market so call in now for the latest update and the latest news.

Elsewhere, the Japanese yen had another weak day yesterday. The Chinese yuan also strengthened to a record high against the US dollar following the Chinese president stating that he will look to "let the market play a greater role” in determining the yuan’s strength. Call in now for the latest update and the latest news.

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Sterling had a mixed day yesterday, strengthening and weakening against a variety of currencies as the markets shifted from risk appetite to risk aversion. Sterling was particularly strong against the Japanese yen and the US dollar, strengthening by 1.5c against the latter reaching the highest price in more than 3 months. There is very little data out of the UK today except the release of the Confederation of British Industry (CBI) index on the relative level of current sales volumes. Call in now for the latest update and the latest news.

The euro had a mixed day ending fairly flat against the majority of currencies; but, strengthening to a 1 month high against the US dollar. The index representing the business climate in Germany hit an 8 month high yesterday boosting confidence in the region. Furthermore, the ECB President said that he saw signs of economic stabilisation and that the outlook of the Eurozone had improved. The Eurozone will look towards more German data released today as consumer climate figures will give further indication to the state of the region's largest economy. Despite the ECB Presidents positive words, the Eurozone appears to be extremely fragile so call in now for the latest news and a live quote.

The US dollar had an extremely poor day yesterday following the remarks from the Chairman of the Federal Reserve Bank. The Chairman suggested that the US economy would need to grow faster if the labour market would continue to grow which created a major dollar sell off. Further negativity came as figures released showed that the change in the number of homes under contract to be sold unexpectedly dropped by 0.5%. The main data released today is the Conference Board (CB) index representing consumer confidence. If worse than expected we could see the dollar continue to be sold off so call in now for a live quote and the latest update.

Elsewhere, the commodity backed currencies had a turbulent day as the risk appetite shifted to risk aversion; but, the majority of currencies ended up against the weak US dollar and Japanese yen. The Japanese yen lost a lot of ground yesterday as its fiscal year is coming to an end this week. Call in now for the latest update and the latest news.

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Sterling had a poor day on Friday weakening off against the majority of currencies but strengthening against the US dollar. The only significant data revealed on Friday showed that nationwide consumer confidence was worse than expected creating yet more negativity towards the state of the UK’s economy. The main data out of this week is the trade balance figures and the final quarterly GDP data so call in now for a live quote and the latest update.

The euro had a mixed day on Friday strengthening against both the US dollar and the euro; but, weakening off against the majority of other currencies. Contagion fears spread in the eurozone as Spanish bond yields rose on Friday creating more rumours that Spain could be the new Greece. The main release this week is the German business climate index, any variation from the expected values could create volatility in the market so call in now for the latest update and the latest news.

The US dollar had a very poor day on Friday, weakening off against the majority of currencies as data revealed that the number of new home sold was less than anticipated. This week there is a raft of data out of the US including more labour data in the form of unemployment claims, US consumer confidence and the Chairman of the Federal Bank is also speaking. With not much data out in the rest of the world the markets will look to the US for influence so call in now for a live quote and the latest news.

Elsewhere, the Canadian dollar weakened off against the US dollar as data revealed that the price of goods and services purchased by consumers in Canada rose by more than the markets had predicted. This week’s main data includes trade balance figures from New Zealand, New Zealand’s business confidence index and Canadian GDP data. Call in now for the latest update and the latest news.

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Sterling had a mixed week trading in a range against the euro and the US dollar; but, strengthening against the commodity backed currencies. The Bank of England’s minutes revealed that two of its members voted for £25 billion more to be pumped in to the economy which led some economists to predict that further stimulus could be on the way. Data released showed public borrowing rose by much more than expected last month. The annual budget was also announced, which included several new policies on tax and included several unpopular proposals; however, the budget announcement did little to effect sterling’s strength as the announcements were largely expected. The slump in retail sales figures released yesterday did little to help the negativity in the UK with data showing a contraction of -0.8% as opposed to the -0.5% expected. There is very little data out of the UK today except figures showing the change in the number of mortgages that were approved last month. Call in now for the latest news and a live update.

There was very little data released from the Eurozone this week; but, a raft of poor Purchasing Managers' Index (PMI) data out yesterday with both the Manufacturing and Services sectors contracting across Europe did little to reassure the market. There is little data out of Europe today; but, the euro is as unpredictable as ever so call in now for the latest update and the latest news.

A mixed week for the US dollar as risk aversion was the main driver in the market on the back of poor news from China. Data released yesterday revealed that the number of people filing for unemployment insurance fell to the lowest level in 4 years, reaffirming the feeling that the labour market is leading the US economic recovery. Mixed housing data revealed the number of existing home sales fell short of the markets expectation; but, the number of new residential permits rose more than anticipated. More housing data is released today which will provide data on the number of new home sold; any variation from the expected value could cause volatility so call in now for the latest update and a live quote.

Elsewhere, risk aversion drove the market as poor data released from China sparked fears that the world's second largest economy could be slowing down faster than economists had predicted. This negativity was amplified yesterday as worse than expected PMI data was also revealed. The main release today is the Consumer Price Index (CPI) figures from Canada which is expected to show a slight increase. Call in now for the latest news and a live update.

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Sterling had a poor start to the day as the Bank of England’s minutes revealed that two of its members voted for the further injection of £25 billion into the economy causing speculation that further Quantitative Easing could be on the way. The negative sentiment toward sterling was magnified due to extremely poor UK public borrowing figures showing borrowing rose by a larger than expected £15.2bn in February, nearly double the markets estimates. The annual budget release did little to effect sterling’s strength as the chancellor’s announcements were largely pre-meditated by the market. Retail sales data is the main release from the UK today with the figures expected to show a 0.5% contraction from last month. Call in now for the latest update and the latest news.

The euro had a volatile day as the markets looked towards the releases in the UK and the US for influence. Risk aversion drove the euro weaker in the afternoon against the majority of currencies. The Precedent of the European Central Bank is speaking today to provide some insight on the state of the Eurozone economy so call in now for a live quote and the latest updates.

The US dollar had a strong day yesterday fuelled by a risk adverse market following comments from the Chairman of the Federal Bank stating it was not considering buying debt of "troubled" nations. On the data front, existing home sales figures rose less than expected dampening the positive rhetoric coming from the US of late. More unemployment data is released today which will show the change in the number of people claiming unemployment insurance; any variation from the expected value could cause volatility in the US dollar so call in for a live quote and the latest news.

Elsewhere, the New Zealand dollar strengthened in the early hours as figures released showed its current account deficit had narrowed. New Zealand’s GDP and Chinese Purchasing Managers' Index (PMI) data was released late last night and Canada’s core retail sales data is released later on today. Call in now for the latest update and the latest news.

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Sterling had a mixed day yesterday, strengthening against the Australian and New Zealand dollar; but, experiencing a volatile day against the majority of other currencies. Inflation data released yesterday showed a slight decrease last month to the lowest level in a year; but, missed market expectations. Today’s focus will be firmly on the borrowing figures for the public sector, the minutes from the last Bank of England meeting and the annual budget which takes place this afternoon. Any unexpected details revealed could cause a lot of volatility today so call in for the latest news and a live quote.

The euro had a mixed day yesterday as fears of an economic slowdown in China spread across the world creating a risk adverse market. There is very little data out of Europe today as the markets look towards the UK and the US for influence. Call in now for the latest update and the latest news.

The US dollar had a fairly strong day as risk aversion was driving the market once more. Mixed housing data released in the US was received positively; but, did little to increase risk appetite. Existing home sales figures will be released today and the Chairman of the Federal Bank is also talking so call in now for the latest news and a live quote.

The Australian dollar had a poor day yesterday despite the Reserve Bank of Australia’s minutes revealing a more optimistic outlook on the economy. The IMF told the Swiss National Bank that once the “economic conditions stabilise” it must remove the €1.20/Chf1 peg that it currently enforces. News from China of higher energy costs, poor predicted vehicle sales and a decreased demand for iron ore sparked fears that the world's second largest economy could be slowing down faster than economists had predicted. Call in now for the latest update and the latest news.

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Sterling had a mixed day yesterday strengthening against the majority of currencies in the morning before the markets shifted and sterling started to weaken off against all currencies except the US dollar as risk appetite increased. The main release today is the Consumer Price Index (CPI); but, the markets will be looking towards Wednesdays annual budget release which has caused a great deal of volatility in the past so call in now for the latest update and a live quote.

The euro had a fairly strong day yesterday, strengthening against the majority of currencies and was significantly stronger against the US dollar despite a lack of news or data released from the markets. The key reason seemed to be increased risk appetite following the Greek credit default swap auction passing off without a hitch and investors tiring of hoping for euro weakness in the short term. There is not much data out of Europe today as the market will look elsewhere for influence so call in now for a live quote and the latest news.

The US dollar had a very poor day yesterday weakening off against the majority of currencies and reaching fresh lows against both sterling and the euro. Rumours started to circulate that the Federal bank may look to raise interest rates before 2014 as previously stated. Housing data is the main news on the agenda today which includes the number of residential building permits issued during the previous month so call in now for the latest update and a live quote.

Elsewhere, the Swiss franc had a strong day strengthening dramatically against the US dollar; whilst the Swedish krona and South African rand also performed well. On the data front, the change in the total value of sales at the wholesale level in Canada was much worse than expected declining 1.0%. The minutes from the Australians Policy meeting were released late last night and quarterly industrial production figures from Switzerland are released first thing this morning. Call in now for the latest update and the latest news.

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Sterling had a strong day against the dollar on Friday strengthening by more than 1.5 cents whilst ending fairly flat against the euro. There is a raft of data out of the UK this week with the markets paying particular attention to the release of the Bank of England meeting minutes and the annual budget on Wednesday. The BoE meeting minutes will shed some more light on their view on the state of the UK economy and any unexpected details outlined in the budget could cause a lot of volatility so call in now for the latest update and a live quote.

Data release on Friday showed that Italian Trade balance was much worse than expected and the euro zone wide trade balance was also worse than expected. This week’s main releases will be the Manufacturing and Services Purchasing Managers' Index (PMI) from the Euro zone countries; furthermore, the European Central Bank (ECB) President is also speaking. Call in now for the latest update and the latest news.

The US dollar had a poor day on Friday weakening off against the majority of currencies. Core Consumer Price index inflation figures released showed a slight rise; but, the data fell short of the market’s expectations. US housing and unemployment data will be the main market movers this week as the county looks for more signs of economic recovery. Any variation from the anticipated figures could cause a sharp movement for the US dollar so call in now for the latest update and a live quote.

Elsewhere, the Japanese yen had a poor day as the Bank of Japan meeting minutes revealed that some of its members thought that the inflation target should be set at 1% for now, before eventually being set at 1-2%. The main releases this week will be the manufacturing PMI from China and the minutes from the Australian monetary policy committee. Call in now for the latest update and the latest news.

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Sterling has had a steady week gaining a bit of ground against the euro and losing a bit of ground against the US dolalr. Economic data was mixed with unemployment data released this week slightly worse than expected and the trade deficit figures slightly better than expected. One of the government debt credit agencies put the UK’s AAA debt rating on review which seemed to have limited effect. Next week we have the budget and it will be very interesting to see what the Chancellor’s expectations are for the UK economy. Although it was a steady week for sterling overall there were some rapid changes in rates and therefore it is always worth giving us a ring to get the latest update and rates.

The euro lost a bit of ground this week. Slightly strange given that euro zone economic data was slightly more positive than expected and that the second Greek bailout has finally, it appears, been sorted out. Concerns about euro zone countries are still around and their size significantly dwarfs what was required in Greece. Call in now to get the latest €/£ rate.

The US dollar gained a little bit of ground during the week but is trading in a fairly narrow range against sterling. Economic data out of the US continues to be positive which reduces the likelihood of further quantitative easing in the eyes of market which is positive for the US dollar. For the latest update and rate please call.

Elsewhere the commodity backed currencies lost a bit of ground with the Australian dollar pushing over Aus$1.50/£1. It did pull back to Aus$1.49 level towards the end of the week but the worry is that the Chinese economy will reduce the demand for commodities as they rebalance their economy.

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Sterling had a mixed day yesterday, strengthening against the majority of currencies in the morning before weaker than expected unemployment data halted the rally. Sterling was particularly strong against the New Zealand Dollar and Australian dollar reaching close to two month highs against both currencies. Data released showed that more people were claiming unemployment benefits than economists had anticipated. There is not much data released today; but, the markets have the potential to move very fast; so call in now for the latest news and a live quote.

The euro traded in a similar pattern to sterling yesterday; however, remained weak against sterling and the US dollar. The euro zone finance ministers finally formally agreed the second bailout for Greece after all national and parliamentary approvals were completed. The European Central Bank’s monthly bulletin is the only significant release today as the markets look to the US for influence; so call in now for the latest update and the latest news.

The US dollar had a strong day yesterday as news of the successful Bank stress tests created a positive sentiment in the world's largest economy that the banks are now in a position to cope with another financial crisis should it occur. A raft of data is released from the US today including more unemployment figures and the Producer Price Index (PPI). All the data releases has the potential to create volatility in the market so call in now for the latest update and the latest news.

Elsewhere, the commodity backed currencies had a poor day yesterday with the New Zealand Dollar and Australian dollar the worst performers. The Official bank rate for Switzerland will be announced first thing this morning with no change expected; however, the statement that follows should shed some more light on the central banks position on the €1.20/Chf1 peg that is still under threat. Call in now for the latest update and the latest news.

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Sterling had a strong day yesterday strengthening against the majority of currencies and rising more than one cent against the euro to around €1.20/£1 interbank. Figures released showed that the UK’s trade balance deficit has narrowed in January. Today’s main release is the change in the number of people claiming unemployment benefits which will give a strong indication of the state of the labour market in the country so call in now for the latest update and the latest news as the figures can cause significant volatility.

The euro had a poor day weakening against the majority of currencies despite fairly upbeat news out of the region. The German and euro-wide economic sentiment indices came in better than expected and the Greek bailout is expected to be formally approved today. Furthermore, Fitch (one of the three biggest credit rating agency) actually raised Greece’s credit rating up four levels from restricted default to B-. Despite the more positive rhetoric from Europe, the euro weakened as investors took little notice and looked for reassurances that Spain would not be the new Greece. The economic stability of the region remains unclear so call in now for the latest update and the latest news.

The US dollar performed well yesterday as Wall Street hit the highest levels since June 2008 and figures depicting the best retail sales figures in 5 months were released. Comments from the Federal bank also took a more upbeat tone on the US economy suggesting that the strains in global markets "have eased". The central bank will leave rates unchanged at 0.25% until late 2014 and made no suggestion of implementing further quantitative easing. The US recovery appears to be on track; but, the market remains extremely volatile so call in now for the latest update and the latest news.

Elsewhere, Japan decided against expanding its asset-purchase facility; but, announced it will expand a loan scheme, by 2 trillion yen, to 5.5 trillion yen. Call in now for the latest update and the latest news.

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Sterling had a poor day yesterday weakening close to a 2 week low against the euro and a 6 week low against the US dollar whilst remaining fairly flat against the commodity backed currencies. The UK trade balance figures is the main release today; however, the markets will focus on the news released elsewhere so call in now for the latest news and a live quote.

The euro had a strong day yesterday strengthening against the majority of currencies as the People’s Bank of China confirmed its intention to continue to invest in the Euro zone. The markets anticipate that the euro zone finance ministers will shortly agree that Greece is entitled to its second bailout after meeting the conditions it was set. The markets will then look towards developments in Spain as the country is due to miss its deficit target this year. Despite some expected clarity with regards to Greece, the deep-set problems for the Euro zone still persist so call in now for the latest news and a live quote.

The US dollar had a fairly strong day strengthening against the majority of currencies but weakened off against the euro as risk aversion was the main driver in the market. Retail sales data and the statement from the Federal Open Market Committee (FOMC) will be the main releases from the US today giving a clear indication of how the central bank sees the country's economic outlook thus leading to what monetary policies may be implemented going forwards. Call in now for the latest update and the latest news.

Elsewhere, the commodity backed currencies had a poor day yesterday as risk aversion drove the market once more. The Official bank rate decision for Japan was released early this morning with the markets anticipating no change. Call in now for the latest update and the latest news.

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Sterling had a mixed day on Friday as it weakened off significantly against the US dollar and marginally strengthened against the euro. A mix of data released on Friday showed worse than expected figures from the manufacturing sector, whilst the change in the price of goods and raw materials grew more than anticipated. The main news out of the UK this week is the change in the number of people claiming unemployment benefits during the previous month so call in now for the latest update and the latest news.

The euro had a poor day on Friday weakening off against the majority of currencies despite the debt swap for Greece being confirmed in the early hours of the morning. Despite the debt swap being approved, Moody’s (one of the three biggest credit rating agency) said that is considers Greece to have defaulted due to the debt swap being a "distressed exchange". The euro zone finance ministers will meet today to discuss the final approval for Greece’s second bailout. There is not much data released this week; but, the markets have the potential to move very fast with any news released concerning Greece; so call in now for the latest news and a live quote.

The US dollar strengthened significantly against both the euro and sterling on Friday as the non-farm employment change figures were better than expected further boosting the positive sentiment of a labour led US economic recovery. Worse than expected trade balance figures were also released at the same time but were overshadowed by the positive employment data. There a raft of data released in the US this week, all of which have the potential to create volatility in the market so call in now for the latest update and the latest news.

Elsewhere, China released figures for last month depicting the country’s largest trade deficit in the past 22 years paving the way for a potential interest rate cut in the near future. There was an unexpected decline in the employment change figures out of Canada suggesting that the road to economic recovery will be a lot slower that in the neighbouring US. The official bank rate for Japan and Switzerland will be announced this week. Any change in the interest rate levels to those anticipated will cause a great deal of volatility. Call in now for the latest update and the latest news.



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Sterling had a mixed week against the majority of currencies as risk aversion drove the market on Monday and Tuesday before risk appetite took over as the Greek private sector debt swap neared approval. Worse than expected data released in the form of the Purchasing Managers' Index (PMI) and Halifax Price Index dampened the UK’s economic outlook this week. As widely expected, the Bank of England held its benchmark interest rate at 0.5% and kept the asset purchase program on hold at £325 billon yesterday. The markets will look towards the key releases in the US and news from Greece; both of which have the potential to cause a lot of volatility so call in now for the latest update and the latest news.

The Euro had a turbulent week as fears surrounding a potential Greek default reared its ugly head once more before the markets recovered due to the suggestion that the Greek bondholder’s debt swap would be agreed. The European Central Bank (ECB) left rates unchanged as widely expected and the ECB’s President stated that he felt recent data showed a “stabilization in the euro area economy”. Despite the positive rhetoric from the ECB president and the suggestion that the debt swap will be confirmed, the underlying problems still exist so the markets could easily turn on the euro very quickly. Call in now for the latest update and the latest news.

This week, the USD strengthened due to its safe haven status as risk aversion dominated the market before weakening off as the markets fears subsided. The service sector unexpectedly rose at the fastest rate in a year and mixed employment data was released. The markets look towards today’s trade balance data and moreover the Non-Farm Payrolls release which often causes a hefty impact on the market so call in now for the latest news and a live quote.

Elsewhere, the Japanese yen had an extremely volatile weak due to the midweek change in risk sentiment and the currency’s “safe haven” status. China’s growth forecast reduction to 7.5% was one of the most influential releases of the week stoking fears of a Global slowdown. The Bank of Canada, Reserve Bank of Australia and the Reserve Bank of New Zealand all kept their interest rates unchanged as widely anticipated. Call in now for the latest update and the latest news.

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Sterling traded in a fairly tight range against both the US dollar and the euro yesterday as markets fears subsided and risk appetite began to drive the market. Today at midday, the UK’s main release will reveal if the Bank of England has decided to further expand the asset purchase program with another round of Quantitative Easing beyond the £50 billion increase last month. The rate decision and the statement that follows have caused significant movements in sterling’s relative strength in the past so call in now for the latest update and the latest news and to avoid any downside shocks.

The euro stayed fairly stable yesterday as confidence surrounding the Greek debt-swap grew. 58% of Greek bond holders have now agreed to the swap with many major banks participating. Four Greek pension funds have refused to join and the other bond holders have until Thursday night to decide and unless the participation rate reaches 75% the expectation is for a disorderly default. As well as the news surrounding the debt-swap expected today, the European Central Bank will also announce its rate decision meaning that there is the potential for a lot of volatility in the markets so call in now for the latest update and the latest news.

The US dollar lost its momentum from Tuesday staying fairly flat against most currencies and weakening against some as risk appetite increased following the news suggesting the Greek debt-swap should be secured today. Non-farm employment change figures were better than expected and unemployment claims data released today will look to further boost the positive sentiment of US economic recovery; however, nothing is certain in this market so call in now for the latest update and the latest news.

Elsewhere, data released in Australia showed that whilst GDP rose, it fell short of the markets estimates leading to the Australian dollar coming under pressure in the early hours before recovering with the markets increased risk appetite. Much worse than expected building permits data released in Canada quashed the positivity from yesterdays figures; but, had little bearing on the Canadian dollar's strength. Call in now for the latest update and the latest news.

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Sterling had a poor day yesterday, losing over one and a half cents against the US dollar whilst closing down against the euro as risk aversion drove the market. Weaker Halifax house pricing data also hampered sterling’s strength showing that property prices fell by 0.5%. The expectation was for an increase and this clearly demonstrates the uncertainty that exists in the housing market. The chancellor noted that he sees 'encouraging developments’ in the state of the economy; however, the markets remain unconvinced so call in now for the latest update and the latest news.

The euro was weak against the safe haven currencies with the deadline for the Greek bondholder’s debt swap fast approaching and the markets taking little confidence from suggestions that the deal would be completed shortly. Rumours were also circulating suggesting that Portugal’s may eventually need a second bail out which caused further negative sentiment to the region. The markets will look for some clarity regarding the debt swap today and any developments could cause volatility so call in now for the latest update and the latest news.

The US dollar strengthened against the majority of currencies except the Japanese Yen as fears of a global economic slowdown and a Greek default influenced the market. Barack Obama stated his belief that the recent economic news has been positive; however, the markets will look to the non-farm employment change data released tomorrow to support this sentiment. The monthly release of these figures have moved the markets quite considerably in the past; so call in now for the latest news and a live quote.

Elsewhere, the Japanese yen had another strong day strengthening against the majority of currencies due to its safe haven status. The release of strong Purchasing Managers' Index (PMI) data out of Canada saw the Canadian dollar strengthen against sterling in the afternoon. Call in now for the latest update and the latest news.

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Sterling had a strong day yesterday strengthening against the majority of currencies although it did remain fairly flat against the euro. Weak services Purchasing Managers' Index (PMI) data dampened the UK’s economic outlook early on before sterling rallied throughout the rest of the day on the prospect of the Greek private sector debt swap being approved. There is not much data released today; but, the markets have the potential to move very fast in these very uncertain times; so call in now for the latest news and a live quote.

The euro traded in a very similar pattern to sterling yesterday strengthening against the majority of currencies whilst remaining fairly flat against sterling. Economic data was mixed showing a lack of confidence overall in the Euro zone economy. Greek bondholders are expected to take part in a debt swap this week which will write off about 100 billion euro’s. If the deal does not get approved by the March 8 deadline it will cause a great deal of volatility in the markets so call in now for the latest news and a live quote.

The US dollar had a mixed day yesterday, the dollar weakened against the euro and sterling; but, strengthened against the commodity backed currencies. The service sector unexpectedly rose at the fastest rate in a year providing yet more evidence of economic growth from the US. There is not a great deal of data out today as the US eyes the unemployment data released later on in the weak for further indication on the state of the world's largest economy. Call in now for the latest update and the latest news.

Elsewhere, the Japanese Yen had a strong start to yesterday due to China reducing its growth forecast to 7.5% which stoked fears of a Global slowdown. The Australian Reserve Bank decided to keep interest rates on hold at 4.25% but made it clear that they would cut rates if the world economy affected the demand for Australian goods. This led to the Australian dollar being under pressure. Call in now for the latest update and the latest news.

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Sterling had a fairly stable day against the euro on Friday whilst weakening against the US dollar even though the construction Purchasing Managers' Index (PMI) figures released were better than expected. The main focus this week will be on Thursday’s Bank of England meeting and whether or not the Bank of England will further expand the asset purchase program with another round of Quantitative Easing beyond the £50 billion increase last month. The state of the UK’s economy remains unclear so call in now for the latest news and a live quote.

The euro had a poor day on Friday weakening against the majority of currencies as the markets were unimpressed by the developments seen at the EU Economic Summit and possible uncertainty about the Greek bailout package. This week the market will watch closely for further assurances surrounding Greece’s problems and the European Central Banks press conference following their Thursday monthly meeting should provide further insight. With Greece’s default day just over two weeks away, any news could move the markets significantly so call in now for the latest update and the latest news.

The US dollar had a strong day on Friday strengthening against the majority of currencies as risk aversion became the main driver in the market once more. This week see’s the release of more unemployment data with recent positive releases leading the US economic recovery. The US recovery appears to be on track; but, as always volatility remains in the market. Call in now for the latest update and the latest news.

Elsewhere, Canadian GDP released on Friday was better than expected; but, did not cause create much of a reaction from the market. The Official bank rates of New Zealand, Australia and Canada will be revealed this week paving the way for potential volatility if the interest rate levels are altered to a level the markets do not anticipate. Call in now for the latest update and the latest news.

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Sterling has had a strong week gaining two cents against the euro and one cent against the dollar. Figures released this week from the UK Confederation of British Industry (CBI) showed that the level of consumer spending in the UK was much better than many have estimated giving some positive indication to economic growth. Yesterday, one of the members of the Bank of England has stated that he does not see the need for further quantitative easing contradicting the calls for a further injection of money into the economy from some of the other banks members. The main release today is the Construction Purchasing Managers' Index (PMI) figures which the market hopes will provide better reading than the weaker than expected Manufacturing PMI released yesterday. Call in now for the latest update and the latest news.

The euro had a poor week weakening off against the majority of currencies as the European Central Bank offered another €529.5 billion in low interest loans to 800 financial institutions. The markets were also alarmed to hear that Ireland has decided to hold a referendum on whether or not to sign the European Fiscal Treaty. This will ultimately be a vote on whether or not Ireland stay in the euro. The European Union economic summit is now under way where the Euro zone finance ministers will review Greece’s progress on meeting the conditions set out to receive its €130 billion bailout. This week, G20 leaders (ministers from the 20 major global economies) called on the Euro zone to increase the €500 billion bailout fund; however, it will not be discussed at the current economic summit. There is not much data out today as the market will look towards the second day of the EU economic summit. Call in now for the latest update and the latest news.

There was a mix of data out this week with pending home sales figures, consumer confidence and preliminary GDP data all coming in better than expected; however, the markets had not anticipated the poor durable goods data that was released. The Chairman of the Federal bank spoke twice this week where he expressed his feelings that the economy is improving due to a raft of better than expected unemployment data and he also noted that with inflation under control the plan is to keep interest rates low until late 2014; without any explicit suggestion that the bank have been planning for further quantitative easing. Furthermore, figures released yesterday showed that the number of new people filing for unemployment benefit has dropped to a four year low. There is very little data out of the US today. Call in now for the latest update and the latest news.

Elsewhere, there was a large amount of data out this week including improving Chinese PMI Manufacturing figures, rising retail sales from Australia and better than expected Swiss GDP. In other news the International Monetary Fund suggested that currency intervention was a viable option for developing countries meaning we may see more central banks manipulating currency exchange rates in the future. Out late last night there was a raft of data out of Japan and the main release today is the Canadian GDP figures. Call in now for the latest update and the latest news.

Get a live quote and/or more information from Smart Currency at: http://www.smartinternationaltrade.co.uk/

Sterling has had a strong week gaining two cents against the euro and one cent against the dollar. Figures released this week from the UK Confederation of British Industry (CBI) showed that the level of consumer spending in the UK was much better than many have estimated giving some positive indication to economic growth. Yesterday, one of the members of the Bank of England has stated that he does not see the need for further quantitative easing contradicting the calls for a further injection of money into the economy from some of the other banks members. The main release today is the Construction Purchasing Managers' Index (PMI) figures which the market hopes will provide better reading than the weaker than expected Manufacturing PMI released yesterday. Call in now for the latest update and the latest news.

The euro had a poor week weakening off against the majority of currencies as the European Central Bank offered another €529.5 billion in low interest loans to 800 financial institutions. The markets were also alarmed to hear that Ireland has decided to hold a referendum on whether or not to sign the European Fiscal Treaty. This will ultimately be a vote on whether or not Ireland stay in the euro. The European Union economic summit is now under way where the Euro zone finance ministers will review Greece’s progress on meeting the conditions set out to receive its €130 billion bailout. This week, G20 leaders (ministers from the 20 major global economies) called on the Euro zone to increase the €500 billion bailout fund; however, it will not be discussed at the current economic summit. There is not much data out today as the market will look towards the second day of the EU economic summit. Call in now for the latest update and the latest news.

There was a mix of data out this week with pending home sales figures, consumer confidence and preliminary GDP data all coming in better than expected; however, the markets had not anticipated the poor durable goods data that was released. The Chairman of the Federal bank spoke twice this week where he expressed his feelings that the economy is improving due to a raft of better than expected unemployment data and he also noted that with inflation under control the plan is to keep interest rates low until late 2014; without any explicit suggestion that the bank have been planning for further quantitative easing. Furthermore, figures released yesterday showed that the number of new people filing for unemployment benefit has dropped to a four year low. There is very little data out of the US today. Call in now for the latest update and the latest news.

Elsewhere, there was a large amount of data out this week including improving Chinese PMI Manufacturing figures, rising retail sales from Australia and better than expected Swiss GDP. In other news the International Monetary Fund suggested that currency intervention was a viable option for developing countries meaning we may see more central banks manipulating currency exchange rates in the future. Out late last night there was a raft of data out of Japan and the main release today is the Canadian GDP figures. Call in now for the latest update and the latest news.

Get a live quote and/or more information from Smart Currency at: http://www.smartinternationaltrade.co.uk/

Sterling performed well yesterday strengthening against both the euro and the dollar as the markets absorbed the news out of Europe and the US. The main release out of the UK today is the manufacturing Purchasing Managers' Index (PMI). Volatility and uncertainty continues to dominate the markets and yesterdays gains can quickly turn into today’s losses so call in now for the latest update and the latest news.

The euro performed poorly yesterday as the ECB offered another €529.5 billion in low interest loans to 800 financial institutions which is more than the markets had anticipated. Rumours spread that the ECB had bought Portuguese bonds yesterday as they underperformed despite the bond purchasing program supposedly being on hold. On a more positive note, the Greek parliament did manage to ratify a €3.2 billion package of further spending cuts essential to securing the first instalment of its bailout fund before the March 20 deadline. Furthermore, the Italian prime minister stated that he believes that the worst may be over for the Euro zone. I suspect wishful thinking so call in now for the latest update and the latest news

Out of the US yesterday, the preliminary GDP data released was better than expected coming in at 3.0% dampening the speculation of a slowdown this year. This led to the US$ losing ground against sterling as risk appetite increased. This was followed by the Chairman of the Federal bank expressing his belief that the job market has showed “positive developments” and is recovering faster than anticipated; but, he also noted that it is still “far from normal”. The overwhelming rhetoric was that despite the positive sentiment coming from the US at present, the plan is to keep interest rates low until late 2014; but, also suggesting that there was no plan for further quantitative easing for the time being. There is a raft of data released in the US today which includes unemployment data, manufacturing PMI and the chairman of the Federal Bank is speaking once more. Call in now for the latest update and the latest news.

Elsewhere, New Zealand’s building permits rose more than anticipated and the business confidence in the country also rose. Australia retail sales rose in January; but, in line with expectations and Switzerland’s economic barometer figures came in as anticipated. Furthermore, the IMF announced that it approved of currency intervention for developing countries paving the way for central banks to manipulate currency exchange rates when needed. Out late last night data released included building approval and private capital expenditure figures from Australia; as well as the Chinese manufacturing PMI figures were announced. Call in now for the latest update and the latest news.

Get a live quote and/or more information from Smart Currency at: http://www.smartinternationaltrade.co.uk/