Dooms day turning into dooms week for the pound… Can it get much worse?

US News The US joins the game again today with the ISM Non-Manufacturing figures. We do expect to see a small increase from 52.9 to 53.3and after the dollar hits its highest point against the pound since 1985, any positive key releases ill surly drive it further. Friday’s Non-farm payrolls in the US will be …

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 …

Pounds to Australian Dollars – where next?

Pounds to Australian Dollars Good afternoon, Mark Carney may reveal tomorrow if he’s willing to turn the key on discussions the Bank of England keeps behind closed doors. A change in policy would mark another step in Carney’s ongoing revolution at the central bank, and might also be an opportunity to unveil any possible wider …

Best US Dollar Exchange Rates

Best US Dollar Exchange Rates Yesterday evening the Fed reported broad-based employment gains across U.S. industries and regions, two days before the Labor Department issues its highly anticipated monthly jobs data. The report offers Fed policy makers, who meet Dec. 16-17, anecdotal evidence about improvements in the job market as they consider when to raise …

Euro and Australian Dollar exchange Rates

Euro and Australian Dollar exchange Rates Best Euro Exchange Rate The Euro-area services and manufacturing grew less than initially estimated last month, leaving the economy facing near-stagnation as the European Central Bank considers its options on further stimulus. The reading is the lowest in 16 months and points to economic growth of just 0.1 percent …

US Dollar Exchange Rate Today

US Dollar Exchange Rate Today The US dollar exchange Rate strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. Japan position is getting worse as deflation is triggered by lower costs because of the …

US dollar exchange rates

US dollar exchange rates The US dollar exchange rates strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. The greenback advanced to its strongest level in two years against the euro before the ECB …