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 …
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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. …
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U.K. manufacturing growth unexpectedly accelerated in November to the fastest pace in four months as domestic demand strengthened. The report showed export orders fell for a third month, further highlighting Britain’s dependency on domestic demand. Data last week showed a jump in consumer spending drove the U.K. economy to a seventh straight quarter of growth …
Best Foreign Exchange Rates
Good Morning With all the talk this weekend focused on the future of the UK the data calendar today is light. The only data releases of any note are in the US with the Empire State Manufacturing Survey for September and Industrial production for August due this afternoon. Most US data of late has pointed …