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Amber Penton's blog post was featured

EUR/GBP: Pound Weakens as UK Loses Top Credit Rating

The British pound is deemed to maintain its weakness today opposite the Euro as the United Kingdom suffered a credit rating downgrade from a major agency after Moody’s stripped its prized triple-A rating on sluggish growth expectations. Meanwhile, despite a weaker outlook for the Euro Zone this year, the Euro is apt to receive a lift from the buoyant German Ifo Business Climate report for February. Moody’s cut Britain’s rating by one level from Aaa to Aa1, with a stable outlook, owing to weak…See More
Feb 25, 2013
Amber Penton posted a blog post

EUR/GBP: Pound Weakens as UK Loses Top Credit Rating

The British pound is deemed to maintain its weakness today opposite the Euro as the United Kingdom suffered a credit rating downgrade from a major agency after Moody’s stripped its prized triple-A rating on sluggish growth expectations. Meanwhile, despite a weaker outlook for the Euro Zone this year, the Euro is apt to receive a lift from the buoyant German Ifo Business Climate report for February. Moody’s cut Britain’s rating by one level from Aaa to Aa1, with a stable outlook, owing to weak…See More
Feb 25, 2013
Amber Penton's blog post was featured

AUD/JPY: Aussie Rises as RBA Minutes Scale Down Rate Cut Expectations

The Australian dollar is deemed to sustain its gains opposite the Japanese yen today after the Reserve Bank of Australia said it saw signs that low interest rates are starting to stimulate the economy, managing to scale down expectations of further rate cuts in the months ahead. Meanwhile, a bleak trade report from Japan is foreseen to weigh o the Yen today.Minutes of the RBA’s February 5 meeting published yesterday indicated that members are positive about the economy, seemingly suggesting…See More
Feb 20, 2013
Amber Penton posted a blog post

AUD/JPY: Aussie Rises as RBA Minutes Scale Down Rate Cut Expectations

The Australian dollar is deemed to sustain its gains opposite the Japanese yen today after the Reserve Bank of Australia said it saw signs that low interest rates are starting to stimulate the economy, managing to scale down expectations of further rate cuts in the months ahead. Meanwhile, a bleak trade report from Japan is foreseen to weigh o the Yen today.Minutes of the RBA’s February 5 meeting published yesterday indicated that members are positive about the economy, seemingly suggesting…See More
Feb 20, 2013
Amber Penton's blog post was featured

EUR/GBP: Pound Falls as Retail Sales Post Surprise Drop

The British pound is foreseen to dip alongside the Euro today on renewed concerns over the British economy after retail sales unexpectedly fell in January as snowy weather dampened consumer spending. Meanwhile, the Euro is deemed to gain after European Central Bank board member expressed optimism over prospects in the Euro Zone.Retail sales unexpectedly fell for a second consecutive month in January as snowfall kept consumers at home and incomes remained under pressure, hurting food sales in…See More
Feb 18, 2013
Amber Penton posted a blog post

EUR/GBP: Pound Falls as Retail Sales Post Surprise Drop

The British pound is foreseen to dip alongside the Euro today on renewed concerns over the British economy after retail sales unexpectedly fell in January as snowy weather dampened consumer spending. Meanwhile, the Euro is deemed to gain after European Central Bank board member expressed optimism over prospects in the Euro Zone.Retail sales unexpectedly fell for a second consecutive month in January as snowfall kept consumers at home and incomes remained under pressure, hurting food sales in…See More
Feb 18, 2013
Amber Penton's blog post was featured

USD/CAD: Demand for Safety Buoys Greenback After Sour Euro Data

Demand for safe investments like the US dollar look to trump risk assets such as the Canadian dollar today after a string of woeful economic data from Japan to the European bloc. Trade sentiment turns lower as uncertainty flourished across the markets from earlier releases.The markets turned sour after reports from the Eurostat, INSEE and Destatis proclaimed what economists have already expected – except that analysts’ estimates proved to be relatively conservative than what actual figures…See More
Feb 14, 2013
Amber Penton posted a blog post

USD/CAD: Demand for Safety Buoys Greenback After Sour Euro Data

Demand for safe investments like the US dollar look to trump risk assets such as the Canadian dollar today after a string of woeful economic data from Japan to the European bloc. Trade sentiment turns lower as uncertainty flourished across the markets from earlier releases.The markets turned sour after reports from the Eurostat, INSEE and Destatis proclaimed what economists have already expected – except that analysts’ estimates proved to be relatively conservative than what actual figures…See More
Feb 14, 2013
Amber Penton's 3 blog posts were featured
Feb 13, 2013
Amber Penton posted blog posts
Feb 13, 2013
Amber Penton posted a blog post

EUR/USD: Euro Remains Lower as Eurogroup Meets

The Euro is seen to sustain its weakness against the US dollar on signs the region’s economy is slowing down amid political uncertainty in Italy and Spain. European Central Bank President Mario Draghi’s remarks expressing concern over the strengthening Euro is also believed to continue weighing on the single currency today. European finance chiefs are slated to meet in Brussels today amid emerging political uncertainty in major countries such as Italy and Spain. Finance ministers from the…See More
Feb 11, 2013
Amber Penton's 2 blog posts were featured
Feb 8, 2013
Amber Penton posted blog posts
Feb 8, 2013
Amber Penton's 2 blog posts were featured
Feb 6, 2013
Amber Penton posted blog posts
Feb 6, 2013
Amber Penton's blog post was featured

EUR/GBP: British Manufacturing Activity Eases in January

The British pound is deemed to lose further ground opposite the Euro today as a slowdown in UK manufacturing and an expected contraction in the construction sector are deemed to intensify fears of a triple-dip recession. In contrast, slowing contraction in manufacturing and a surprise stabilization in unemployment in the Euro Zone are seen to support the single currency today.Activity among Britain’s factories continued to increase in January but more slowly than the previous month, suggesting…See More
Feb 4, 2013

Profile Information

Relationship Status:
Single
About Me:
I am Amber Penton, a Senior Currency Analyst of AlgosysFx, a leading provider of innovative and valuable Forex trading solutions for individual traders and financial institutions. I provide extensive market analysis and commentaries. I am looking forward to share trading ideas and insights with Forex enthusiasts like me.
Website:
http://www.algosysfx.com
Years trading Forex
over 5

Amber Penton's Blog

EUR/GBP: Pound Weakens as UK Loses Top Credit Rating

Posted on February 25, 2013 at 8:31am 0 Comments

The British pound is deemed to maintain its weakness today opposite the Euro as the United Kingdom suffered a credit rating downgrade from a major agency after Moody’s stripped its prized triple-A rating on sluggish growth expectations. Meanwhile, despite a weaker outlook for the Euro Zone this year, the Euro is apt to receive a lift from the buoyant German Ifo Business Climate report for February.



Moody’s cut Britain’s rating by one level from Aaa to Aa1, with a stable outlook,…

Continue

AUD/JPY: Aussie Rises as RBA Minutes Scale Down Rate Cut Expectations

Posted on February 20, 2013 at 6:42am 0 Comments

The Australian dollar is deemed to sustain its gains opposite the Japanese yen today after the Reserve Bank of Australia said it saw signs that low interest rates are starting to stimulate the economy, managing to scale down expectations of further rate cuts in the months ahead. Meanwhile, a bleak trade report from Japan is foreseen to weigh o the Yen today.



Minutes of the RBA’s February 5 meeting published yesterday indicated that members are positive about the economy, seemingly…

Continue

EUR/GBP: Pound Falls as Retail Sales Post Surprise Drop

Posted on February 18, 2013 at 9:54am 0 Comments

The British pound is foreseen to dip alongside the Euro today on renewed concerns over the British economy after retail sales unexpectedly fell in January as snowy weather dampened consumer spending. Meanwhile, the Euro is deemed to gain after European Central Bank board member expressed optimism over prospects in the Euro Zone.



Retail sales unexpectedly fell for a second consecutive month in January as snowfall kept consumers at home and incomes remained under pressure, hurting…

Continue

USD/CAD: Demand for Safety Buoys Greenback After Sour Euro Data

Posted on February 14, 2013 at 3:23pm 0 Comments

Demand for safe investments like the US dollar look to trump risk assets such as the Canadian dollar today after a string of woeful economic data from Japan to the European bloc. Trade sentiment turns lower as uncertainty flourished across the markets from earlier releases.



The markets turned sour after reports from the Eurostat, INSEE and Destatis proclaimed what economists have already expected – except that analysts’ estimates proved to be relatively conservative than what actual…

Continue

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At 7:45pm on March 12, 2014, Jonathan Wiggins gave Amber Penton a gift
At 8:41am on March 02, 2014, John Hayek gave Amber Penton a gift
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