Nov 6th 2006
The GBP has reached a new low for the past week against the EUR, and a two weeks low against the USD.
Analysts attribute the GBP weakness to this morning's poor UK manufacturing and industrial output reports. Read the entire news post
Nov 5th 2006
After a bearish week due to the poor US economic reports, the USD is starting to reverse and is gaining strength since the non-farm payroll report was released.
In the end of the week, after a lot of wiggles, the USD ended up lower against the GBP, AUD and the NZD and yet amazingly stronger than the CHF, EUR, CAD and JPY.
Read the entire news post
