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Le Royaume Uni Pense À L'euro, Bientôt La Fin De La Livre Sterling ?

"Après la crise, le Royaume Uni plus proche de l'euro, estime Barroso". Vu sur les Echos ce matinQUOTE La crise économique et financière a rapproché le Royaume Uni de la zone euro, et une réflexion est en cours à Londres sur cette question même si une adhésion n'est "pas pour demain", a estimé dimanche le président de la

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Sterling Drops Sharply as Risk Aversion Rises

The sterling is giving back some of its gains against the U.S. dollar and the euro, but losses could be limited as the UK economy shows some signs of stabilization.GBP/USD is down sharply this morning as rising negative sentiment continues to wreak havoc on financial markets. U.S. equities are showing significant weakness, which is helping to boost general U.S. dollar strength. The EUR/GBP is also retracing some of its losses.In line UK fourth-quarter GDP, which contracted 1.5%,

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Canadian Dollar Loses More Ground as Equities Tumble

The Canadian dollar is at risk of further losses as U.S. equity futures give up most of their gains from last week.USD/CAD has broken through the key support level of 1.25 CAD and, according to currency strategists, the move could point to further gains heading into the North American trading session. Bad news from the U.S. auto sector is causing a massive rise in negative market sentiment, dragging down equity futures and causing broad-based strength in the

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Canadian Dollar Moves Higher as Equities Make Major Gains

The Canadian dollar is moving higher against the greenback as positive sentiment sweeps all asset classes on Thursday morning.USD/CAD has been on a steady decline through the entire trading session, giving up more than 2 cents on the day. The cross has given up most of its gains since March 30 and is now trading below strong support at 1.24 CAD.Currency strategists will continue to look to equity markets for further direction in USD/CAD. Equities received a

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Canadian Dollar Benefits from Positive Market Sentiment

The Canadian dollar is the top performing currency as positive sentiment continues to sweep through financial markets Thursday morning.Despite grim news on the U.S. auto industry and more concerns over the swine flu, global equities continue to push higher, which is benefiting the Canadian dollar.According to currency strategists, relatively positive comments from the Fed following the FOMC monetary policy meeting Wednesday are helping to boost risk appetite. The loonie is the top performer against the greenback among

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