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by Jonny Harris

Sterling rallies as vote to stay within the EU looks more likely

The pound has surged over the last few days due to a mixture of positive UK data and negative data from the euro-zone. Yesterday’s Public Sector Net borrowing (pounds) was increased from 5.8B last month to 6.6B this month. Monday nights release is the main reason behind the pound increasing. From what has been said,…

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by Jonny Harris

Sterling Rallies

The pound has rallied this afternoon following on from a mixture of negative data from the euro-zone and positive key releases in the UK. Bad news tends to fall off of the euro rather quickly, quite like Teflon, so the gains seen over the last few hours may be short lived. Talks about the UK…

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by Jonny Harris

Sterling takes a tumble against the euro

USD US New home sales are once again expected to rise. This time they are expected to rise from 511k to 521k. The pound has fallen back from the highs as investors and brokers are taking profits from the highs that have been seen, hence the rates pushing up and then falling all the way…

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Pound Euro sits at 1.2780

Pound Euro sits at 1.2780 Good morning, Last Friday saw the Pound gain against the Euro due to positive Manufacturing figures. The increase in rate was also helped by Germany posting a weaker than expected Trade Balance. Both of these factors kept the pounds to euros exchange rate well in to the 1.2800 for most…

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Euro rate

Good morning, This morning’s German trade balance figures came in negative seeing the Euro exchange rate weaken off against the pound by around 20 points currently sitting around 1.2815 Other than that, a relatively quiet day for the Euro rate, with very little data of much significance to come in favoring the Euro. Yesterday’s German…

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ECB Buying Euros

ECB Buying Euros Good morning, Having seen a near 100 point movement over the last few days, the Pounds to Euros exchange rate seems to be hovering around 1.2750 A relatively busy day for the Euro rate today, possibly seeing the Euro strengthen for a brief period until the main UK data comes out this…

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busy day for Euro and the US Dollar

An all round busy day for Euro and the US Dollar! Yesterday saw large movement’s for GBPEUR as we had highs of 1.2785 and lows of 1.2700 although this morning the rate has picked up again and leveled around 1.2750. A great time for you Buying Euros! Today in Europe, this mornings German Retail sales…

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Pounds to Euros at 1.2900

Pound to Euros reaches 1.2900! US Dollar Exchange Rates A relatively quiet day in the US today, having said that the US Dollar needs to get no stronger so hopefully the Pound will strengthen today gainst the Dollar following some potential positive UK data, currently sitting around 1.5300 US Dollar to the Pound. Pound Exchange…

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ECB Buying Euros and Bonds

ECB Buying Euros and Bonds Good morning, Yesterday saw the Euro rate weaken off overnight on concerns that the anti-austerity opposition party Syriza will win Greek elections next month endangering the country’s bailout agreement with the EU. At close of play yesterday pound euro was trading at 1.2740 and pushed up to 1.2790 at its…

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Euro Dollar sits at a near two and a half year low

Euro Dollar sits at a near two and a half year low! Good morning, What has been an eventful year for the Pound the festive period is very quiet in terms of economic data all-round therefore movement wise may be limited. The Pound exchange rates has been steady against the Euro and sits above 1.27….

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