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Construction Figures for The UK main Focus

Construction Figures for The UK main Focus US Dollar exchange rates In the US the November PPI is likely to decline on the month due to lower oil prices. This is followed by the University of Michigan confidence measure for December. Pounds to Euros Yesterday saw the Pound push above 1.90 against the Aussie Dollar…

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ECB president Draghi stated he will Buy Euros

ECB president Draghi stated he will Buy Euros Later this afternoon we have the US retail sales figures for November that will provide an insight on the strength of consumer spending moving into the holiday period. Despite evidence that US economic growth is accelerating, retail sales have been relatively disappointing in the second half of…

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Good Reasons to be Buy Euros

Good Reasons to be Buy Euros US Dollar Exchange Rates Today is the US Non Farm Payroll day – the most exciting day of the month for most foreign exchange traders! We are seeing traders buying US dollars across the board before the numbers with the expectation for stronger numbers as the milder winter and…

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Best Euro Exchange rates today on the high street

Good Morning The pound fell to the weakest in 10 months against the US Dollar after the latest inflation report slowed to the lowest level in five years. GBP has dropped against all 16 of its major peers as the Bank of England publishes the minutes of its most recent policy meeting tomorrow. Sterling has…

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Scottish Referendum kills pound exchange rates

Dollar continues to strengthen against both the Euro and GBP. US Dollar exchange rate The dollar strengthened against its higher yielding peers as a measure of currency market volatility reached its strongest level since February. The greenback reached an almost six year high versus the yen on speculation US employment data tomorrow will back the…

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Pound holds it ground as Scottish referendum dominates the news

US Dollar Exchange Rate As I said yesterday the US dollar didn’t do much as it awaits today’s ECB meeting and tomorrows Non Farm Payrolls numbers. The foreign exchange market has positioned itself for stronger numbers – so any disappointment or even an “as expected” result may result a weaker US Dollar. Pound Exchange Rate…

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Super Mario’s options are limited to help the Euro Zone

Super Mario’s options are limited to help the Euro Zone US Dollar exchange rates Like the pound it is that last working day of the summer and we expect very little movement. Russia may dictate the direction for the dollar as the Ukrainian conflict flares up again and if JP Morgan can prove it was…

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best Euro Exchnage Rate on the high street

Euro exchange rate data will also show how the economies are progressing towards the end of the week. US Dollar exchange rate In the US we have second tier releases including the NFIB small business optimism survey. Other key US surveys out this week include the Empire manufacturing and University of Michigan consumer sentiment surveys….

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Euro Exchange Rate Stronger after German IFO

US Dollar exchange rate In the US, March durable goods orders report will provide some further insight into the prospects for Q1 GDP. Tomorrow in the US we have PMI and Michigan University consumer sentiment report. GBP Exchange Rate The pound dropped a little yesterday against both the euro and US Dollar following the mornings…

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Pound exchange rates beaten to a pulp

Pound exchange rates beaten to a pulp especially against the euro exchange rate. Foreign exchange traders have fallen out of love with the pound and happy to sell pounds across the board today. Whilst the Crimea story/conflict is blamed one would have thought that the British Pound would have been a safe haven fro currency…

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