• Sterling falls as data adds to dim UK outlook
• Euro declines on signs of faltering European recovery
• Fed Officials weigh steps to boost growth
• Swiss Franc snaps two day slump versus euro
Archive for August, 2011
Propertywire.com currency watch – 31st August
August 31, 201129th-30th August – News from Propertywire.com
August 30, 2011UK property prices fell marginally in August, index shows
Buying cheaper than renting for first time buyers in UK, research suggest
Slight improvement in property market in Portugal
UK properties in top school areas cost 35% more, research shows
Global demand for distressed commercial property soars
UK regional cities outperforming London for prime property prices
Property prices falls in Ireland slowing
Propertywire.com currency watch – 30th August
August 30, 2011• Encouraging consumer spending in US bolsters markets
• Global markets are helped by Greek bank tie-up
• Sterling suffers from weak economic reports as business confidence falls
• Swiss franc continues to fall in wake of last weeks SNB move to weaken Swiss currency
Propertywire.com currency watch – 26th August
August 26, 2011• Sterling slips versus euro and dollar in thin trade
• Central Bankers face uneasy mood ahead of Jackson Hole
• Euro zone prone to financial panic
• RBA’s Stevens cools rate cut hopes
25th August – News from Propertywire.com
August 25, 2011Foreign buyers increase their activity in Singapore property market
Low cost property ownership schemes integral to UK housing market, say Halifax
Switzerland is the most costly place in the world to build, report shows
Propertywire.com currency watch – 25th August
August 25, 2011• Dollar rallies versus majors as gold falls and stocks rebound
• Fed Chairman may disappoint on QE3 at Jackson Hole which starts today
• Sterling takes a nosedive on dollar strength and weak UK economic data
• Euro rebounds vs sterling on economic data from the UK and Germany
• Gold drops more than 5% as global equities rally
Propertywire.com currency watch – 24th August
August 24, 2011• Sterling gains versus dollar, but lacks conviction
• Euro outlook remains bearish
• Bernanke unlikely to announce big new plans
• Yen gains as Noda’s action disappoints
Propertywire.com currency watch – 23rd August
August 23, 2011• Dollar falls after China manufacturing survey
• Pound holds firm despite OECD report showing UK lags behind leading economies
• Oil rallies and gold prints new record high above $1,900.00
• Fear in the market for an intervention from Bank of Japan
22nd August – News from Propertywire.com
August 22, 2011Leading UK property business expects subdued outlook
Scottish residential property market activity recovers from winter low
US real estate sales down in July as lack of lending hampers recovery
Propertywire.com currency watch – 22nd August
August 22, 2011• Sterling hits 3-1/2 month high against the dollar
• Euro opens higher despite further tensions
• All eyes focus on Jackson Hole
• NZ, Australian dollars gain versus Yen
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