Financial Markets Review by Lloyds TSB

Sterling outperformed versus the G-10 currencies except against the Canadian dollar and the US dollar despite a sharp sell-off towards the end of the week following poor UK retail sales data. Dollar extends gains, bond yields fall Sterling outperformed versus […]

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Financial Markets Review by Lloyds TSB

Sterling lost further ground this week, primarily against commodity currencies but also against the yen as concerns over the UK’s triple-A status resurfaced and the Pre-Budget Report failed

Financial Markets Review by Lloyds TSB

Sterling is relatively unchanged on the week, however this masks the intra-week volatility observed in foreign exchange trading. GBP/EUR closed at €1.0877. US data disappoint, swap rates and equities

Financial Markets Review by Lloyds TSB

Sterling has been one of the weakest currencies this week, with only the Canadian dollar underperforming in the G-10 currency space. Pound falls sharply on BoE Governor King’s

Financial Markets Review

Gilt yields surge after record borrowing projections in Budget 2009UK Budget 2009 showed public borrowing rocketing to above 12% (£175bn) of the economy in the current fiscal year,

Financial Markets Analysis by Lloyds TSB

Sterling rises to a 2-month high against the euro Sterling rises to a 2-month high against the euro Volatility in currency markets declined for a second consecutive week, falling to

Weekly market analysis by Lloyds TSB

This old market saying has relevance to the current position of the financial markets and particularly sterling. Last year the equity markets plunged and bonds yields were pushed