Pounds to Euro is battered

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

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 …

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 …

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 …

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 …

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 …