Best Euro Rate Information
Dollar continues to strengthen against both the Euro and Pound. US Dollar exchange rates Today is a relatively quiet day elsewhere, the focus in the US will be on the August NFIB small business optimism survey and the JOLTS job openings release for July. Both are expected to show improvements for the month. The dollar …
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US Dollar exchange rate Like the pound it is that last working day of the summer and we expect very little movement. Russia may dictate the direction for the dollar as the Ukrainian conflict flares up again and if JP Morgan can prove it was hacked by the Russian Government it may become twitchy bum …
US Dollar Exchange Rate As I said yesterday the US dollar didn’t do much as it awaits today’s ECB meeting and tomorrows Non Farm Payrolls numbers. The foreign exchange market has positioned itself for stronger numbers – so any disappointment or even an “as expected” result may result a weaker US Dollar. Pound Exchange Rate …
Continue reading “Pound holds it ground as Scottish referendum dominates the news”
Good Afternoon, What a difference an afternoon can make! At Lunch time today the Bank of England announced no change to its current Interest Rate Policy and QE – it will be interesting to see what the minutes will say in two weeks time. Than came the ECB, who announced a CUT in EURO INTEREST …
Good Morning The US dollar is on Holiday Today! We expect no movement in the US dollar exchange rate as the US say farewell to summer and for those fashion guru’s amongst you – wearing white. The rest of the week is far from a holiday, as the data releases will be coming thick and …
Super Mario’s options are limited to help the Euro Zone US Dollar exchange rates Like the pound it is that last working day of the summer and we expect very little movement. Russia may dictate the direction for the dollar as the Ukrainian conflict flares up again and if JP Morgan can prove it was …
Continue reading “Super Mario’s options are limited to help the Euro Zone”
Good Morning The US Dollar exchange rates did very little yesterday after hitting a low of 1.3190 breaching the 1.3200 level. We aren’t expecting much movement today in the dollar as the news from the Euro area is expected to dominate the headlines. The GBP exchange rate is again a little firmer against the euro …
Good morning, The US Dollar is still the favourite of the day and tonight Yellen’s speech in Jackson Hole should do little to suggest this wont continue at least in the short term. There is very little news today in the way of economic releases so we expect a very quiet day especially in the …
Continue reading “Why do FX Traders Buy Euros – Long live Teflon Euro”
US Dollar exchange rate The US dollar has started this month strongly and the FOMC minutes supported this notion. Comments from the FOMC support the idea that the US will have to hike interest rates shortly – but in the current climate shortly can be a while! Whilst news supports the idea that Europe is …
Continue reading “Forex Traders Buying Euros – but for how long”
Good morning, The pound strengthened against the euro as investors await the publication of the minutes of the Bank of England’s August policy meeting for signs of whether policy makers are moving closer to raising interest rates. The market has been speculating that there could be one or even two votes in favor of a …
Continue reading “Forex traders sell euros buy pounds after Bank of England minutes”