Best Euro Rate Information
Good Morning Domestically today we have the construction output figures for the UK. After four consecutive quarters of growth, the recovery in the UK construction stalled in Q2. Markets still appear to be unsure as to why this happened but are predicting output to be up 0.6%, signalling a strong start to Q3. An interesting …
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Pound Rallies following latest results from an independent poll on Scottish referendum Buying US Dollar Exchange Rates In the US, initial jobless claims for the week ending August 6th are expected to show a decline to 295k from 302k previously. Today’s claims data will be looked at for signs that’s last weeks weaker than expected …
Good morning, The US Dollar is still the favourite of the day and tonight Yellen’s speech in Jackson Hole should do little to suggest this wont continue at least in the short term. There is very little news today in the way of economic releases so we expect a very quiet day especially in the …
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US Dollar exchange rate 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 …
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Good morning, The pound strengthened against the euro as investors await the publication of the minutes of the Bank of England’s August policy meeting for signs of whether policy makers are moving closer to raising interest rates. The market has been speculating that there could be one or even two votes in favor of a …
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Big Day for both the UK and US with the minutes released for the UK at 9.30am and 7pm (GMT) respectively. US Dollar exchange rate In the US later this afternoon we have the FOMC minutes. The dollar yesterday pushed to a four month high against the pound and a nine month high against buying …
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Pound drops to Four Month low versus the dollar as Inflation slows US Dollar exchange rate Later this afternoon we also have the US inflation number for July. This is forecast to ease to 2 percent from 2.1 percent in June. While the CPI is not the Feds preferred inflation measure it is closely watched. …
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Good morning, It is a quiet start to the week with the euro exchange rate area trade balance (June) and the US NAHB survey (August), the only data of note. Buying euros as a whole continues to have a sizeable trade surplus, in part boosted by weak imports due to the lack of domestic demand. …
Good morning, Buying Euros Selling Pounds is all that is happening today Today’s domestic highlight will be the second estimate of the Q2 GDP. Markets expect this to come in showing a 0.8 percent growth for this quarter. In a busy day for US releases attention will be focussed on July industrial production, as well …
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Pound takes a battering as Forex traders selling pounds buying euros following yesterdays Inflation report. US Dollars exchange rates It is a quiet day in terms of US data with the initial jobless claims for the week ending 9/8 been of any interest. Markets are expecting a modest rise again could prove to be USD …
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