Pound under pressure on political concerns

On February 1, 2010 By

The pound lost ground on Monday as political concerns and the prospect of the Bank of England’s policy meeting later in the week weighed on sterling

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SNB moves to calm Swiss franc appreciation

On February 1, 2010 By

The Swiss franc settles back into its recent trading range after violent price action on Friday that saw it retreat sharply from an 11-month high against the euro on talk of central bank intervention

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Eurozone output accelerates

On February 1, 2010 By

The eurozone manufacturing sector grew at its fastest pace in two years in January, but the contrast between laggard Spain and the rest of the big four economies widens

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Greece’s deficit sends euro to six-month low

On February 1, 2010 By

Worries over the ability of Athens to fund its budget deficit dominated the currency markets

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