Pounds to Euros Online

Pounds to Euros Online Pounds to Euro exchange Rates moved over 100 points north yesterday following some positive UK data pushing pound sterling to its highest level in 3 weeks against the Euro exchange rate! If you are buying euros then now is a good time as  the last few times we have been at …

US Dollar set for its biggest weekly advance in two months versus all major currencies after it was announced borrowing costs could start to rise.

US Dollar set for its biggest weekly advance in two months versus all major currencies after it was announced borrowing costs could start to rise. US Dollar Exchange Rate The US dollar goes from strength to strength following Wednesday evenings Fed announcement. The dollar reached a two month high against the euro and has gained …

Currency Exchange Rate News 13-03-2014

Overnight Currency News Us Dollar Exchange Rate The dollar has weakened off this morning due to US data to be released this afternoon ‘Retail sales and Initial jobless claims’. Stanley Fischer, nominee to be Federal Reserve Chair Janet Yellen’s deputy, said the U.S. economy still needs stimulus to combat unemployment ahead of a report projected …

Pounds Forecast boosted – will we see 1.3000 against the Euro

Hi All Analysts have increased their year-end forecasts for the pound against the dollar to the highest in more than two years amid speculation the Bank of England will increase interest rates before the Federal Reserve. The Pound has gained a whopping 13 percent in the past year against the US Dollar, the best performer …

Bank of England hints that rates could rise sixfold within the next three years.

Bank of England hints that rates could rise sixfold within the next three years. US Dollar exchange rate The US Dollar exchange rate has shown a modestly firmer tone since the employment report last week, but progress has been very modest in general, and there is no US news today to justify any independent move …

Why I hate the euro exchange rate

Argh – I hate the euro exchange rate! Last night various media sources were highlighting the strength of the UK economy and that the BOE  will have to rise Interest rates by sixfold. Whilst I not in favor of interest rate rise as like many I have a mortgage the above is not a reason …

Forex Traders continue to buy Euros

The Pound exchange rate remains well supported by continued strength in domestic data, but has slipped back against the Euro Exchange Rate in recent days following the lack of any new easing action at the ECB meeting. Why Forex Traders continue to buy Euros is a mystery that leaves me scratching my head. While Pound …

Australian Dollar Exchange Rate

The Pounds to Australian Dollar exchange rate is another currency that decided the pound was a bully boy and deserved a seeing to. We started the week at 1.8800 and ending the week almost 3% lower, typical for the pound this week. The reasons behind forex traders buying Australian Dollars was that local data surprised …

US Payrolls will drive the Forex markets today

Morning All, After watching the pound to euros exchange rate get kicked in the nuts today we have the US payroll figures. The Pound to US Dollar exchange rate did make me smile with it finally getting back above 1.6750, the question is can it go higher – we are hoping that cable will now …

Does Draghi Love buying Euros

Does Draghi Love Buying Euros because he has talked up the Euro exchange rate so much today it is hard to believe he hasn’t taken a punt himself and needs the exchange rate to go higher. If he has his way the pounds to euros exchange rate will be sub 1.2000 and the Euro to …