ECB Buying Euros and Bonds

ECB Buying Euros and Bonds Good morning, Yesterday saw the Euro rate weaken off overnight on concerns that the anti-austerity opposition party Syriza will win Greek elections next month endangering the country’s bailout agreement with the EU. At close of play yesterday pound euro was trading at 1.2740 and pushed up to 1.2790 at its […]

eventful year for the Pound

What has been an eventful year for the Pound the festive period is very quiet in terms of economic data all-round therefore movement wise may be limited. US Dollar exchange rates The dollar hasn’t had this good a year since the Berlin Wall fell, Taylor Swift was born and the World Wide Web was conceived. […]

Euro Dollar sits at a near two and a half year low

Euro Dollar sits at a near two and a half year low! Good morning, What has been an eventful year for the Pound the festive period is very quiet in terms of economic data all-round therefore movement wise may be limited. The Pound exchange rates has been steady against the Euro and sits above 1.27. […]

Euro data released this morning weighs on the Euro

Euro data released this morning weighs on the Euro exchange rates Data released early this morning for the EU has showed that German private-sector growth slowed to the weakest in 18 months in December, increasing the risk that a soft phase will turn into a more pronounced economic downturn. The Euro has weakened off following […]

exporters may benefit from a weaker euro exchange rate

Exporters may benefit from a weaker euro exchange rate Good morning, Data released early this morning for the EU has showed that German private-sector growth slowed to the weakest in 18 months in December, increasing the risk that a soft phase will turn into a more pronounced economic downturn. The Euro has weakened off following […]

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 […]

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 […]

Buying Euros – Draghi will it work to save Europe?

Buying Euros – Draghi will it work to save Europe? Good morning, Australian employers added the most jobs in more than two years last month as the central bank’s plan to spur growth with record-low interest rates appears to be working. The number of people employed rose by 42,700, the biggest gain since March 2012 […]

Pounds to Australian Dollar exchange rates

Pounds to Australian Dollar exchange rates Good morning, Yesterday saw the Pound push above 1.90 against the Australian Dollar (the highest in 5 years) following overnight Australian unemployment figures. Whilst the pound continues to weaken against the US Dollar it remains attractive amongst most other currencies. Today in the UK we have the construction figures […]