Tag Archives: moody’s credit rating agency

Spanish Bailout Fears Dominate Foreign Exchange Rates

By Peter Lavelle Time to adjust course! The UK pound slipped half a cent against the US dollar and euro overnight, as markets decided sterling doesn’t warrant its current strength in the face of Spain’s bailout concerns. Up until now, … Read more

UK Recession Fears Boost The US Dollar

By Peter Lavelle Welcome to the Pure FX account of what’s affected the exchange rates overnight. US Dollar to Pound How long will the UK recession last? This is the question hanging over the foreign exchange market at present, as … Read more

Pound Bounces Back on Moody’s Cuts

By Peter Lavelle Welcome to our account of movement in the foreign exchange rate in the past 24 hours. This is intended as a brief guide to what’s affected the exchange rate overnight, to help you decide when’s the best … Read more