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.
It doesn’t take much to spook the markets at the moment, and even when optimism seems to be recovering, it only takes the overlapping of a few negative events to send investors scurrying for safe havens.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
It is a indication of how though finances are when the Conservative party, the self titled party of ‘law and order’ is talking about cutting police numbers to save money. The austerity measures announced in the budget are going to be painful for almost everyone, and they’ve certainly displeased the...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The defeat to Germany may have left England fans despondent, but the despair hasn’t affected the Pound which has managed to make some gains pushing up above 1.50 against the US Dollar.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The answer depends on where the widely expected cuts actually appear. If the UK is left as a less 'investible' territory because, for example, corporation tax has been increased and/or corporate tax breaks have been abolished then GBP will fall against USD and probably also against EUR (although to a...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
In contrast to the poor results for the major Eurozone nations in the World cup, the general sentiment in the markets has improved for the Euro which has allowed it to push up against the Dollar and sit above 1.24.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Yesterday's OBR report provided some surprise, as although the growth figures were cut as expected, although even then only to 2.6% (still on the optimistic side), the borrowing figures were also cut, which is good news for finances and for the UK's sovereign rating.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The first England match on Saturday showed how early optimism can be stopped in its tracks at the first reality check, and today's report from the Office of Budget Responsibility (OBR) is also likely to provide a reality check to the Government's previously wildly optimistic growth figures.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The wait is finally over, and the markets have reacted in an optimistic fashion, although that may also have a little to do with decent economic news out of China and Japan, as well as the start of the world cup.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
On the eve of the 2010 World Cup, there are a number of ongoing developments and events that have given markets much to ponder before everyone turns their collective swivel seats away from their desks and towards the televisions.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
There was a mild thawing of the general mood of risk aversion yesterday, which has given stock markets in the US and Asia a boost, along with the commodities markets and the Australian dollar. The thawing was started by some supportive words of Bernanke's who has discounted the idea of...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
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