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pounds to euros Archive



by Jonny Harris

Teresa May gives the pound some certainty

UK News Finally there is some signs up good news for the pound as Teresa May looks as if she is going to be the new Prime Minister in the UK. With this said, the pound has rallied acorss the board over night against both the euro and the US Dollar. Today’s releases come with…

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by Jonny Harris

Sterling turns into sinking ship…

US News Signs of support for safe-havens continued last night, including things like Japanese Yen and Gold. Initial Jobless Claims are scheduled for this afternoon, this will give us a rough idea of what to expect in tomorrow’s more significant non-farm payrolls. UK News UK Industrial and Manufacturing production are both set to decline in…

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by Jonny Harris

Dooms day turning into dooms week for the pound… Can it get much worse?

US News The US joins the game again today with the ISM Non-Manufacturing figures. We do expect to see a small increase from 52.9 to 53.3and after the dollar hits its highest point against the pound since 1985, any positive key releases ill surly drive it further. Friday’s Non-farm payrolls in the US will be…

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Pound falls against the Euro after record low CPI

Pound falls against the Euro after record low CPI Good morning, With the only data to come out in the Eurozone today being the German Wholesale Price Index, there is very little indicating the strength of the Euro is going to increase, although the rate may increase if the UK data comes in as expected….

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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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Pounds to Euros Today

Pounds to Euros today Yesterday evening Bank of England policy maker Martin Weale said weak productivity growth may mean higher interest rates are needed in the short term to prevent demand putting a squeeze on the economy and boosting inflationary pressures. “Persistently slower productivity growth would have two implications for interest rates,” Weale said in…

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Pounds to Euros Online

Pounds to Euros The pound exchange rate rose to a three-week high against the euro exchange rate ass the report showing UK Services expanded in November faster than analysts forecast signaled that the economy is weathering stagnation among its European neighbors. Why is anyone surprised as half of Italy and Spain’s youth are unemployed and…

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Pound up against most other currencies

Pound up against multiple currencies US Dollar Exchange Rates Later this afternoon the only data out from the USA is a Markit Manufacturing PMI report for November. Last Thursday and Friday were both quiet days for the markets with Thanks Giving and Black Friday taking centre stage! Pounds to Euros U.K. manufacturing growth unexpectedly accelerated…

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pound slipped 0.1 percent against the dollar and the euro

Britain’s biggest mortgage lenders face faltering earnings growth as potential homebuyers pull back before next year’s general election, regulators tighten financing and the economy slows. Nationwide Building Society, the U.K.’s third-largest mortgage lender, yesterday reported a 36 percent slump in home loans in the six months through September, an indicator that other banks may encounter…

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figures are Euro positive and an indication for euro growth

Good Morning Domestically today we have the construction output figures for the UK. After four consecutive quarters of growth, the recovery in the UK construction stalled in Q2. Markets still appear to be unsure as to why this happened but are predicting output to be up 0.6%, signalling a strong start to Q3. An interesting…

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