Monthly Archives: March 2012

GBP/USD Rangebound 1.56-1.60, Will It Break out?

Posted on March 26, 2012 by

GBP/USD remains confined to the 1.56-1.60 range which has held since late January, and Lloyds TSB don’t anticipate a break of this range in the short term. Data has been generally more encouraging in both the US and UK so … Continue reading →

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Euro-Zone Firewall Funds – ESF and EFSF To Increase?

Posted on March 26, 2012 by

The EUR has recovered through Q1 helped by the ratification of the second Greek bailout and by the ECB’s addition of liquidity via the two 3 year LTROs, which has reduced the stress on the banking system and brought down … Continue reading →

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EUR/GBP Likely to Stay in Range 0.82-0.85

Posted on March 26, 2012 by

GBP has performed well in the last couple of months, recovering with the EUR against the USD and showing more resilience than the EUR on USD upmoves. GBP strength is partly due to better UK data, with the numbers in … Continue reading →

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