Sterling takes a tumble against the euro

USD US New home sales are once again expected to rise. This time they are expected to rise from 511k to 521k. The pound has fallen back from the highs as investors and brokers are taking profits from the highs that have been seen, hence the rates pushing up and then falling all the way …

Pound Euro sits at 1.2780

Pound Euro sits at 1.2780 Good morning, Last Friday saw the Pound gain against the Euro due to positive Manufacturing figures. The increase in rate was also helped by Germany posting a weaker than expected Trade Balance. Both of these factors kept the pounds to euros exchange rate well in to the 1.2800 for most …

Euro rate

Good morning, This morning’s German trade balance figures came in negative seeing the Euro exchange rate weaken off against the pound by around 20 points currently sitting around 1.2815 Other than that, a relatively quiet day for the Euro rate, with very little data of much significance to come in favoring the Euro. Yesterday’s German …

ECB Buying Euros

ECB Buying Euros Good morning, Having seen a near 100 point movement over the last few days, the Pounds to Euros exchange rate seems to be hovering around 1.2750 A relatively busy day for the Euro rate today, possibly seeing the Euro strengthen for a brief period until the main UK data comes out this …

busy day for Euro and the US Dollar

An all round busy day for Euro and the US Dollar! Yesterday saw large movement’s for GBPEUR as we had highs of 1.2785 and lows of 1.2700 although this morning the rate has picked up again and leveled around 1.2750. A great time for you Buying Euros! Today in Europe, this mornings German Retail sales …

Buying Euros – Is now the right time?

Buying Euros – Is now the right time? Good morning, Today’s Services and Composite PMI for Germany showed that despite of the problems within the Euro-area, not all is as bad as it seems as they came in 0.6% higher than the expected value. Although, having said that as a whole the Euro-zone dropped 0.3% …

eventful year for the Pound

What has been an eventful year for the Pound the festive period is very quiet in terms of economic data all-round therefore movement wise may be limited. US Dollar exchange rates The dollar hasn’t had this good a year since the Berlin Wall fell, Taylor Swift was born and the World Wide Web was conceived. …

Euro Dollar sits at a near two and a half year low

Euro Dollar sits at a near two and a half year low! Good morning, What has been an eventful year for the Pound the festive period is very quiet in terms of economic data all-round therefore movement wise may be limited. The Pound exchange rates has been steady against the Euro and sits above 1.27. …

Euro data released this morning weighs on the Euro

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 …

exporters may benefit from a weaker euro exchange rate

Exporters may benefit from a weaker euro exchange rate Good morning, 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 …