Best Euro Rate Information
hi All, The New Zealand Dollar Exchange Rate soars after rate hike. The Reserve Bank of New Zealand had little choice but to hike interest rates last night after the NZ Housing Market continues to overheat. The NZ housing Market has been in a boom cycle for thew last fear years fueled by lower interest …
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Hi All, Foreign Exchange Traders were buying Australian Dollars today after much better than expected Jobs numbers. The jobs numbers caught forex traders by surprise (including myself) after rising 3 times more than expected and as a result the Australian Dollar to US dollar is now expected to head back above 0.9100 in the coming …
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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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Good morning, The euro continues to go from strength to strength supported by ECB comments that the economy continues to pick up. The Great British Pound took a battering yesterday on a day where UK data was somewhat lacking. Today sees no significant data releases in the UK and Eurozone. Market will instead focus on US …
Continue reading “Euro advances to a two year high following Draghi’s press conference”
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 …
The Australian dollar weaken again today against the pounds after weaker than expected economic figures. Australian economic sentiment was worse than feared and suggesting the economy woes are still not quite behind them Especially after the weekends auctions clearance rates on home sales fell also. This is may give the RBA a little more wiggle …
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I am finally in good company thinking that the euro exchange rate needs to fall – George Soros the financial wizard that broke the Bank of England better against the pound has highlighted the euro zones problems. He has said that the euro zone needs to address the current way that banking is done in …
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 …
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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 …
Continue reading “Bank of England hints that rates could rise sixfold within the next three years.”
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 …