FX News
Looking to gain that extra insight into the FX markets? Every morning our team hunts down the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Remember the heady days of GBP/USD 2.11+ and EUR/USD 1.55+?
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
It was another day of volatility yesterday, with Asian and UK stocks recovering after recent falls, following on from the late recovery in US stocks from the previous day, and the rally wrapped around the globe back around to the US; at one point the S&P 500 was up 1.5%,...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Two thirds of UK companies have deserted their high-street bank and switched to alternative providers of ancillary banking services.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
As if the problems with Eurozone debt and growth, along with the impositions of patchy banking regulations across the globe, weren't enough to give the markets the jitters, now the tension between North and South Korea are adding to the volatile mix.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Concerns in the Eurozone were once again the order of the day for equity and currency markets throughout yesterday, and have continued as such early today. The euro came under renewed attack on Monday as concerns over Europe’s fiscal problems intensified after Spain’s central bank took control of a savings bank.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
As many people get back to their desk this morning brightly patterned with patches of sunburnt skin, the good weather may be making them feel a bit more optimistic, and the markets are offering a little to sustain the mood.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
It was another day of turmoil in the markets yesterday as fears over the drag on global growth from the struggling Eurozone nations, and the seemingly ad hoc way that financial regulation is being introduced, has caused panic.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Markets worldwide endured a turbulent day's trading yesterday as investors reacted to the ban on naked short-selling by German financial authorities. Rather than producing the desired stability for the Eurozone, this left the Euro in the firing line as a way for investors to further express their negative sentiment towards...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The big event of yesterday came after the close of European trading as Germany announced a ban on naked short selling 10 different German financial institutions as well as Euro bonds and credit default swaps. Naked shorting is selling an instrument or share without holding or borrowing what you are selling.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
George Osbourne's speech didn't announce any immediate cuts, and was instead used to announce measures that had already been promised such as the timing of the emergency budget and the creation of a independent forecasting body, in an attempt to do something similar to Labour's creation of the independent MPC.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
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