Construction Figures for The UK main Focus

Construction Figures for The UK main Focus US Dollar exchange rates In the US the November PPI is likely to decline on the month due to lower oil prices. This is followed by the University of Michigan confidence measure for December. Pounds to Euros Yesterday saw the Pound push above 1.90 against the Aussie Dollar […]

Buying Euros – Draghi will it work to save Europe?

Buying Euros – Draghi will it work to save Europe? Good morning, Australian employers added the most jobs in more than two years last month as the central bank’s plan to spur growth with record-low interest rates appears to be working. The number of people employed rose by 42,700, the biggest gain since March 2012 […]

Pounds to New Zealand Dollars

Pounds to New Zealand Dollars New Zealand Dollar exchange rate Later this evening in New Zealand the reserve bank delivers its latest policy announcement having raised interest rates by 100 points so far this year , the RBNZ is expected to hold fire at today’s meeting and leave rates on hold. However markets will watch […]

Pounds to Euros Today

Pounds to Euros today Yesterday evening Bank of England policy maker Martin Weale said weak productivity growth may mean higher interest rates are needed in the short term to prevent demand putting a squeeze on the economy and boosting inflationary pressures. “Persistently slower productivity growth would have two implications for interest rates,” Weale said in […]

Best US Dollar Exchange Rates

Best US Dollar Exchange Rates Yesterday evening the Fed reported broad-based employment gains across U.S. industries and regions, two days before the Labor Department issues its highly anticipated monthly jobs data. The report offers Fed policy makers, who meet Dec. 16-17, anecdotal evidence about improvements in the job market as they consider when to raise […]

US Dollar Exchange Rate Today

US Dollar Exchange Rate Today The US dollar exchange Rate strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. Japan position is getting worse as deflation is triggered by lower costs because of the […]

Pound up against most other currencies

Pound up against multiple currencies US Dollar Exchange Rates Later this afternoon the only data out from the USA is a Markit Manufacturing PMI report for November. Last Thursday and Friday were both quiet days for the markets with Thanks Giving and Black Friday taking centre stage! Pounds to Euros U.K. manufacturing growth unexpectedly accelerated […]

Germany figures are euro rate positive

US Markets closed today for Thanks Giving. Germany figures are euro positive. US Dollar exchange rate The USD fell against for a third day, the longest streak in a month, after data raised concern the U.S. economic recovery has slowed down! U.S. Labor Department figures yesterday showed the pace of improvement in the labor market […]

European Central Bank Executive Board member Yves Mersch

Today is a quiet day on the economic calendar with no UK, Euro and US Data out. Markets will shift their attention to tomorrows data with Euro Industrial production released in the morning followed by the Bank of England Inflation report. An interesting read on Bloomberg this morning headlined Mark Carneys revolution at the bank […]

European Commission cut its economic forecasts

The dollar rose to its strongest level in seven years against the yen, boosted by signs of strength in the US Economy as the Fed Reserve considers when to raise interest rates for the first time since 2006. The Fed is moving closer to its first interest-rate increase in eight years after finishing its program […]