The Pounds to Euros exchange rates today got a battering after looking at heading above 1.2200 than the release of the BOE interest rate announcement followed by the ECB and delusional Super Mario Draghi talked the Euro up despite worsening fundamentals. But not to leave the day on a low the pounds to us dollar …
Category archives: US dollars
Does Draghi Love buying Euros
Does Draghi Love Buying Euros because he has talked up the Euro exchange rate so much today it is hard to believe he hasn’t taken a punt himself and needs the exchange rate to go higher. If he has his way the pounds to euros exchange rate will be sub 1.2000 and the Euro to …
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 …
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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 …
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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 …
Us Dollar exchange rates
For today, the employment component of the non-manufacturing ISM survey and the ADP employment report will be closely watched. We would expect market reaction to be binary, with a stronger out turn in both likely to suggest upside risks for payrolls. However, in such scenario we think US Dollar exchange rate upside may be limited …