Monthly Archives: June 2013

A View From The Currency Trading Desk

Sterling has recovered slightly against the USD after last week’s Federal Open Market Committee (FOMC) minutes caused GBP/USD to fall from 1.5670 Wednesday evening to 1.5345 yesterday morning. This was a move of over 2% and put GBP/USD back to … read more

Fuel shortages strike Egypt again ahead of protests

Long lines of fuel-hungry motorists have once more paralysed traffic in Egypt as yet another wave of fuel shortages hits the country. Though the lines have been a recurring feature of Egypt’s post-revolutionary landscape, the latest shortages have caused particular … read more