Best Euro Rate Information
The US employment data on Friday was slightly stronger than expected, with the small rise in the unemployment rate slightly offsetting the larger than expected rise in employment. This lead to the Pounds to US dollars exchange rate getting creamed and ending the week 150 points lower From a bigger picture perspective, it seems likely …
Continue reading “Pounds to US dollars exchange rate getting creamed”
Well A chart is worth a thousand words – sums up the Euro exchange rate against the pound this week. Argh the ECB cant see the word from the trees and Draghi preformed the Emperors New Clothes performance of a lifetime to convince the FOREX market to buy Euros despite countless evidence to do the …
The Pounds to Australian Dollar exchange rate is another currency that decided the pound was a bully boy and deserved a seeing to. We started the week at 1.8800 and ending the week almost 3% lower, typical for the pound this week. The reasons behind forex traders buying Australian Dollars was that local data surprised …
Morning All, After watching the pound to euros exchange rate get kicked in the nuts today we have the US payroll figures. The Pound to US Dollar exchange rate did make me smile with it finally getting back above 1.6750, the question is can it go higher – we are hoping that cable will now …
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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 …
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 …
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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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
We will hopefully see the Australian Dollar exchange rate fall this week due to BHP paying its dividend this week so it may present a good time to buy Australian Dollars.
