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% […]

Pounds to Euros at 1.2900

Pound to Euros reaches 1.2900! US Dollar Exchange Rates A relatively quiet day in the US today, having said that the US Dollar needs to get no stronger so hopefully the Pound will strengthen today gainst the Dollar following some potential positive UK data, currently sitting around 1.5300 US Dollar to the Pound. Pound Exchange […]

ECB Buying Euros and Bonds

ECB Buying Euros and Bonds Good morning, Yesterday saw the Euro rate weaken off overnight on concerns that the anti-austerity opposition party Syriza will win Greek elections next month endangering the country’s bailout agreement with the EU. At close of play yesterday pound euro was trading at 1.2740 and pushed up to 1.2790 at its […]

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¬ít 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 […]

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 […]