Euro rate

Good morning, This morning’s German trade balance figures came in negative seeing the Euro exchange rate weaken off against the pound by around 20 points currently sitting around 1.2815 Other than that, a relatively quiet day for the Euro rate, with very little data of much significance to come in favoring the Euro. Yesterday’s German …

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 …

US dollar exchange rates

US dollar exchange rates The US dollar exchange rates strengthened to a seven-year high against the yen before U.S. data this week that economists say will back the case for higher interest rates as Japan and Europe ease policy. The greenback advanced to its strongest level in two years against the euro before the ECB …