Global FX

12/08/2015

China devalues currency (Yuan ¥) for a second day in a row.. What does this mean for exporters to China, will Chinese demand for luxury goods be greatly affected?

http://www.wsj.com/articles/multinational-firms-reel-in-wake-of-chinas-yuan-devaluation-1439295867

Multinational manufacturers reeled in the wake of Beijing’s devaluation of its currency—as investors scrambled to determine what the move will mean for a number of industries already suffering from flagging sales in China.

06/07/2015

The Greek crisis explained simply, in under 3 mins.. https://www.facebook.com/ezraklein/videos/10153482082448410/

22/04/2015

Sterling strengthens after BOE minutes. 9-0 vote for no change in policy.

20/04/2015

/USD recovery to 1.49. weakens against USD & EUR with widening trade deficit on gold imports.

10/04/2015

Cable hits 5 year low.

17/03/2015

Cable breaks key support level. GBP/USD low of 1.4729.