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pounds to euros exchange rates Archive


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…

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Bank of England talks up the pound exchange rate

Bank of England talks up the pound exchange rate Though the FOMC decision has received the bulk of the global foreign exchange markets yesterday, but the UK was brimming with event risk and news of its own. February’s labour data kicked off the day. The 34,600 filing drop in jobless claims was much larger than…

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Euros relentless rise confuses traders! but who will blink first? Super Mario or currency traders.

  US Dollar Exchange Rate Good news for the US economy as yesterdays Retails Sales increase for the first time in 3 months. Claims benefits dropped and consumer confidence has improved. The US dollar strengthened 100 points against both sterling and euro exchange rate. Pound Exchange Rate Today’s domestic calendar will be dominated by the…

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Pounds to Euro exhcnage rate outlook improves today

Hi All, The Bank of England is looking more likely to like rates in the coming months according to Forex Brokers and interest rate trades. Whilst bad news for home owners and UK house price outlook it will help the pound to euros exchange rate over the coming months as the ECB is looking a…

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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…

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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…

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ECB Noyer suggest the time to Buy Euros is over

ECB Noyer  suggest the time to Buy Euros is over! “It is clear that when the euro exchange rate starts to strengthen it creates additional downward pressure on the economy and additional downward pressure on inflation. Both cases aren’t warranted at the moment. We are clearly not very happy at the moment.” Noyer says everything…

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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…

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Why do FX traders continue to Buy Euros

Well A chart is worth a thousand words – sums up the Euro exchange rate against the pound this week. Argh the ECB cant see the word from the trees and Draghi preformed the Emperors New Clothes performance of a lifetime to convince the FOREX market to buy Euros despite countless evidence to do the…

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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…

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