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 …
Tag archives: Buying Euros
US Payrolls will drive the Forex markets today
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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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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Travel Money
We get often when is the best time to buy euros for holidays – the answer is always the same – Once you see the euro exchange rate at the rate you are happy to buy euros at! We also get asked where is best to buy euros on the high street – that’s simple …
Will the ECB cut interest rates in Europe
Will the ECB cut interest rates in Europe Today’s main focus will be the ECB rate decision at 12.45pm followed by the press conference 45 minutes later. With Februarys inflation marginally stronger than anticipated at 0.8%, expectations that the ECB would be rushed into further policy stimulus at this meeting have faded. The press conference …
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Bank of England – Will the BOE hike Rates
The Bank of England announces wither or not we will pay more for our mortgages today – personally this is a double edge sword – if the BOE hike rates the pounds to euros exchange rate will strengthen and on the flip side i will pay more for my monthly mortgage repayments. General sentiment is …
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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 …