Chinese consumer prices

Sterling Lifted by Bank of England Inflation Report

May 11, 2011

The pound gained 0.7% against the dollar and 0.9% versus the euro.  The catalyst for the advance was a quarterly central bank report that sees a likelihood of on-year British inflation topping 5.0% later in 2011.  Inflation will probably stay above its 2.0% target until the first quarter of 2013, and the report implies a […] More

Weaker Euro

April 14, 2011

The dollar rose 0.4% against the euro and is 1.0% stronger than yesterday’s low of 1.4523/EUR.  The dollar also advanced 0.4% against the Canadian dollar, 0.2% relative to the Australian dollar and 0.1% against the kiwi.  The dollar lost 0.6% against the yen and 0.2% relative to sterling and the Swiss franc.  The yuan is […] More