Good morning, It is an important week for economic releases/ events. On Wednesday the UK labour market report is released. Markets expect Wednesdays data to reveal a further drop in the unemployment rate to a five and a half year low of 6.3 percent. At the same time, wage inflation is predicted to have stagnated …
Category archives: Buy Euros
Buying Euros today
A Quiet day for markets today with heavy data due towards the end of the week US Dollars exchange rate In the Us today, Stanley Fischer is due to speak on the US economy in Stockholm this morning. GBP It is an important week for economic releases/ events. On Wednesday the UK labour market report …
Should I buy a Euro forward
Hi Guys In a light day for data releases, domestic attention will be focused on the construction PMI for July. Since picking up sharply during 2013, culminating in a peak of 64.6 in January this year, the index has fallen back a little, possibly on the back of the slowdown in the pace of housing …
When will rates in the UK and Euro Zone go up
US Dollar exchange rates US jobless claims are also scheduled for release today. Pounds to Euros Today we have the UK MPC policy announcement which will be of interest, with the committee revisiting its economic forecasts ahead of the August Inflation Report. Both the bank rate and the asset purchase program are expected to remain …
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Euro Exchange Rate Stronger after German IFO
US Dollar exchange rate In the US, March durable goods orders report will provide some further insight into the prospects for Q1 GDP. Tomorrow in the US we have PMI and Michigan University consumer sentiment report. GBP Exchange Rate The pound dropped a little yesterday against both the euro and US Dollar following the mornings …
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Pound Gains a Fourth Day as Retail Sales figures rise more than forecast
Pound Gains a Fourth Day as Retail Sales figures rise more than forecast US Dollar exchange rate Today’s US GDP release is the third estimate for Q4 and so is likely to be seen as old news. The weekly initial unemployment claims data will also be watched closely for further indications of the strength of …
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Euro rate to fall if ECB approves Quantitative Easing
Euro rate to fall if European Central Bank approves Quantitative Easing Last night Germany’s Bundesbank came out for the first time and acknowledged that Quantitative Easing is not off the table and also mentioned negative interest rates. This is a massive change as the Euro exchange rate has been climbing as foreign exchange traders continue …
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Foreign Exchange Traders Buy Euro Pounds
Sterling pushes higher following CPI figures as Euro weakens on economic concern US Dollar Exchange Rate Today we have presentations by St Louis Fed President Bullard this morning and tomorrow will be of interest, as markets try and put further context to last weeks comments from Fed Chairwoman Yellen. Yellen indicated that a hike in …
TravelFX Reviews – Has any one used Travel FX
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Euro Exchange rate
The Pound continues to struggle against both the Euro and the US Dollar but will today’s CPI & RPI figures give the currency a much needed boost… US Dollar exchange rate In the US today the measure of new home sales jumped sharply in January to an almost six year high. Markets are expecting activity …