ECB talks up Europe and the Euro exchange rate

ECB talks up Europe and the Euro exchange rate again – don’t worry about the fundamentals of high youth unemployment, falling house prices in southern Europe especially the Spanish Property Market – these things don’t matter. The ECB predict that inflation will soar to 1.1% and that growth will be 1.2% – which is piss […]

Bank of England do nothing and sit and watch

Bank of England do nothing and sit and watch at today’s interest rate meeting and take the view they don’t want to harm the humble recovery despite the recent rise in House Prices. Whilst this is good for those with a mortgage, if you are looking to buy euros the BOE has not done us […]

Will the ECB cut interest rates in Europe

Will the ECB cut interest rates in Europe Today‚Äôs main focus will be the ECB rate decision at 12.45pm followed by the press conference 45 minutes later. With Februarys inflation marginally stronger than anticipated at 0.8%, expectations that the ECB would be rushed into further policy stimulus at this meeting have faded. The press conference […]

Bank of England – Will the BOE hike Rates

The Bank of England announces wither or not we will pay more for our mortgages today – personally this is a double edge sword – if the BOE hike rates the pounds to euros exchange rate will strengthen and on the flip side i will pay more for my monthly mortgage repayments. General sentiment is […]

Pounds to Euros exchange rate

The Pound has leaped 60 points today and is knocking on 1.2200 again today. Also against the Us dollar it is trading back above 1.6700. This is on no news and the general feeling is that it will continue to rise today – fingers crossed for those of you looking to buy Euros

Euros To US Dollars

Euros to US dollars traded within a tight range yesterday. Headlines from Russia suggesting there was little desire to use militarily action in Ukraine helped ease market concerns and helped support the Euro exchange rates yesterday. Headline risks remain but for today, in the absence of any negative news, we expect Euros to US Dollars […]