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.
Poised for what? would be the obvious question. Well almost a month has passed since we saw the ECB keep rates and all other policies unchanged and we saw the Euro strengthen and GBP/EUR fall into the 1.19’s.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
GBP rose yesterday on the back of surprisingly strong retail sales for February as it appeared that the wet weather didn’t stop the Great British Public from spending their hard earned money on the high streets.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
GBP gained favourably against both the US Dollar and Euro yesterday. The Dollar weakened yesterday despite durable goods orders beating expectations due to core orders being weaker than expected. Allied with continued confrontation between the US and Russia and the Fed rejecting capital raising plans by several banks.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
GBP has started this week in a cautiously positive mood against the major currencies with not a great amount of data supporting this move. This is on the back of tighter monetary policy from the BoE but as there is no huge inflation pressure and due to the lack of...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
This morning, it is data from Germany and the UK which will determine whether the GBP strengthens or weakens for the rest of the day. German IFO Confidence has just been released and is down to a level of 110.7 which is down from the 111.3 level in February, which...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Good morning and welcome to a new week which starts with ... no data out today for the UK. Despite this, William Hague’s aggressive comments yesterday regarding rising tensions between Britain and Russia made investors worry about potential damage to both economies.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
The USD has been strengthening readily this week and the good news kept on coming as the credit agency Fitch affirmed the US on its AAA rating with stable outlook, removing the country from the negative watch.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Yesterday, the main news in the UK was George Osborne giving the budget. You’ve probably seen it all on the news or read it in the papers, but if not, congratulations if you’re a bingo-playing whiskey drinker.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
This morning’s data releases have already showed that UK jobless claims fell by 34.6K , whilst this is positive it was not enough to alter the overall employment rate at 7.2%. While the BoE has dropped its explicit guidance and threshold on the unemployment rate, it remains the crucial variable...
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
Global markets have reacted with calm to Crimea's vote in favour of joining Russia in yesterday's referendum, and are currently awaiting further developments. More sanctions could be imposed on Russia in the upcoming days, if it continues to act in such a way in the Crimea.
VIEW FULL ARTICLEPosted in Daily Market News on May 30 2014 by admin
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