Best Euro Rate Information
Good morning, The pound strengthened against the euro as investors await the publication of the minutes of the Bank of England’s August policy meeting for signs of whether policy makers are moving closer to raising interest rates. The market has been speculating that there could be one or even two votes in favor of a …
Continue reading “Forex traders sell euros buy pounds after Bank of England minutes”
Pound takes a battering as Forex traders selling pounds buying euros following yesterdays Inflation report. US Dollars exchange rates It is a quiet day in terms of US data with the initial jobless claims for the week ending 9/8 been of any interest. Markets are expecting a modest rise again could prove to be USD …
Continue reading “Forex traders selling pounds buying euros”
Good morning, The Pound took what some might say an absolute pasting yesterday following the Bank of England’s Inflation report. Bank of England governor Mark Carney discussed the UK economy and interest rates. Sterling tumbled to a four month low against the US Dollar as Carney said rate increases would be ‘gradual and limited’ and …