Best Euro Rate Information
In the ever-changing landscape of global finance, staying informed about currency exchange rates and market conditions is crucial for businesses, investors, and individuals alike. Today, let’s delve into the current state of the Euro, exploring the factors influencing its rate and the broader market conditions that are shaping the financial landscape. Understanding the Euro Rate: …
Continue reading “Navigating Today’s Euro Rate and Current Market Conditions”
UK News Thursdays Bank of England MPC meeting is going to be heavily scrutinized as BoE governor Mark Carney has already mentioned that headline interest rate are going to be cut in either this week’s meeting or next months meeting. Any further talks of this will almost certainly see the pound fall across the board. …
Continue reading “A quiet day ahead of Thursdays MPC meeting”
US News May’s Non-farm payrolls figures were incredibly disappointing coming in at 38k. Today we expect to see a slightly stronger reading of 180k. Yesterday’s ADPreport showed a rise in the private sector employment to 172k which normally sets up a relatively good release in the non-farms. If they come out as expected, we are …
Continue reading “Talks of a rate cut in the UK could see the pound fall further”
UK News Heads turn to the Bank of England rate decision today at 12 and is unlikely that there will be a change in policy. From the recent UK data we have seen, this comes to no surprise. UK retail sales are expected to rise 0.5% following on from the 1.3% increase back in April. …
Continue reading “Markets fall as banks call for further margins on positions”
UK News Another quiet day in the UK today with only the Trade Balance figures scheduled to be released. A slight increased is expected to be seen and hopefully the pound will rise slightly across the board after the fall this morning, on the back of no UK data. The weight of the referendum is beginning …
Continue reading “UK referendum continues to hold the pound hostage”
Good morning, 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 very sick …
Continue reading “Why is the US dollar exchange rate so strong”
Here is a common question we are asked or see on review sites before they Buy Euros Online Hi all Has anyone ever bought Euros online before or more specifically from Travel FX? I am a bit concerned because it is done via a bank transfer straight to the companies account, not via debit card, …
Hi All Analysts have increased their year-end forecasts for the pound against the dollar to the highest in more than two years amid speculation the Bank of England will increase interest rates before the Federal Reserve. The Pound has gained a whopping 13 percent in the past year against the US Dollar, the best performer …
Continue reading “Pounds Forecast boosted – will we see 1.3000 against the Euro”
Bank of England hints that rates could rise sixfold within the next three years. US Dollar exchange rate The US Dollar exchange rate has shown a modestly firmer tone since the employment report last week, but progress has been very modest in general, and there is no US news today to justify any independent move …
Continue reading “Bank of England hints that rates could rise sixfold within the next three years.”
Argh – I hate the euro exchange rate! Last night various media sources were highlighting the strength of the UK economy and that the BOE will have to rise Interest rates by sixfold. Whilst I not in favor of interest rate rise as like many I have a mortgage the above is not a reason …