Best Euro Rate Information
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 …
Continue reading “Euro data released this morning weighs on the Euro”
Buying Euros – Buy now or Wait? This week is a busy one for the UK starting with the CBI industrial trends survey for December, which provides an early indication of activity in the manufacturing sector. Over the course of the week we also have the Inflation, Retail Price Index, ONS house prices on Tuesday …
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 …
Continue reading “Construction Figures for The UK main Focus”
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 …
Continue reading “ECB president Draghi stated he will Buy Euros”
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 …
Continue reading “Buying Euros – Draghi will it work to save Europe?”
Who is Buying Euros Today In what is a fairly quiet day for markets today’s German Industrial data for October will be watched particularly closely given ongoing concerns that economic growth in the euro areas largest economy is faltering. Mario Draghi is about to get an idea of how far reality falls short of his …
Good Reasons to be Buy Euros US Dollar Exchange Rates Today is the US Non Farm Payroll day – the most exciting day of the month for most foreign exchange traders! We are seeing traders buying US dollars across the board before the numbers with the expectation for stronger numbers as the milder winter and …
Best Euro Exchange Rates Online The ECB may be eventful, although no change to interest rates are expected.We will have to wait for the press conference at 1.30 for how That puts the spotlight on Draghi, and any comments on unconventional tools. He said after the November meeting that ECB committees have been tasked with …
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 …
Ahead of Thursday’s ECB Policy announcement, this mornings release of euro area producer price inflation data for October is likely to face heavy market scrutiny. Following last weeks drop in headline annual CPI inflation to 0.3% in the euro area, the producer prices data will provide some insight into price pressures earlier in the pipeline. …