Yesterday was a day that allowed the pound to gain against both the USD and EURO but unfortunately today the pound has dropped following the latest Bank of England Minutes for October. The pound fell and U.K. government bonds advanced as minutes of the Bank of England’s most recent meeting showed the majority of policy …
Category archives: Buy Euros
euro area are throwing up fresh signs of weakness
The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it’s running out of engines. An interesting article from Bloomberg today posted the following: ‘Japan and the euro area are throwing up fresh signs of weakness by the day and emerging markets such as China are dragging …
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Pound continues to weaken against a weak euro
So the Pound continues to weaken against a weak euro. Work that one out! Overnight the pound was well into the 1.27s before falling under 1.27 early this morning. The US economy looks better able to withstand the hit from a stronger dollar and weaker global growth than the stock market did last week. The …
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Euro exchange rate falls
Good morning, The euro fell to the lowest level in two years against the dollar as slowing inflation boosted the case for the European Central Bank to add further monetary stimulus to avert deflation. The Euro exchange rate falls and had its worst quarter since 2010 amid the ECB’s moves to swell its balance sheet and …
Euro inflation for September
Good morning, The dollar pared its best quarterly gain since 2008 as technical indicators signalled the rally has been too rapid. A gauge of the USD against 10 major peers reached its most overbought level yesterday on record going back to 2005. The USD has climbed at least 1.7 percent against all of its 16 …
Euro forecast is heading lower
Today we have the Spanish and German CPI figures for September. Both are likely to show falls in annual headline inflation rates from August due primarily to lower energy prices. In the EU Draghi has spoken about the euro stating the euro area looks like devaluation. While the European Central Bank president says the exchange …
Buying Euros Best Rates
Scottish Independence Referendum dominates market news as results near. US Dollar exchange rates Today in the US we have the Empire State Manufacturing Survey for September and Industrial production for August due this afternoon. Most US data of late has pointed to a recovering economy and markets expect today’s data to follow suit. Pound Sterling …
Australian Dollar Exchange rates
The pound strengthened for a second day versus the euro but following this mornings UK unemployment report and Minutes sterling has once again fallen. US Dollar exchange rate forecast The US dollar has strengthened significantly over the last month against both the pound and euro. Today’s FOMC announcement will be of key interest for the …
Scotlands UKs future hangs in the balance
As we all know today is the day that Scotland votes whether to seek independence as the UK’s future hangs in the balance US Dollar exchange rates In the US the dollar climbed to six year high versus the Japanese Yen and pushed up 80 points against sterling overnight after Federal Reserve officials raised their …
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Forward Exchange Rates for Euros
Good Morning As we all know today is the day that Scotland votes whether to seek independence as the UK’s future hangs in the balance. Polling stations opened at 7am across Scotland and will close at 10pm tonight. The referendum is the culmination of almost two years of competing arguments over the viability of an …