Euro forecast is heading lower

Today we have the Spanish and German CPI figures for September. Both are likely to show falls in annual headline inflation rates from August due primarily to lower energy prices. In the EU Draghi has spoken about the euro stating the euro area looks like devaluation. While the European Central Bank president says the exchange …

Scotlands UKs future hangs in the balance

As we all know today is the day that Scotland votes whether to seek independence as the UK’s future hangs in the balance US Dollar exchange rates In the US the dollar climbed to six year high versus the Japanese Yen and pushed up 80 points against sterling overnight after Federal Reserve officials raised their …

Forward Exchange Rates for Euros

Good Morning As we all know today is the day that Scotland votes whether to seek independence as the UK’s future hangs in the balance. Polling stations opened at 7am across Scotland and will close at 10pm tonight. The referendum is the culmination of almost two years of competing arguments over the viability of an …