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.
There has been a brief respite for the Australian and New Zealand Dollars despite being the subject of further poor data. Business confidence in New Zealand continued to shrink, consumer confidence was also down. The markets also learnt that the RBNZ had been intervening in the markets in August.
VIEW FULL ARTICLEThe week ahead is packed with significant Eurozone data , and this may keep GBP/EUR volatile during the coming days. The key focus points will be:
VIEW FULL ARTICLEThere seems to be more misery for the Eurozone as the likeliness of stagnation looms. This is in stark contrast to the US which continually posts strong growth figures.
VIEW FULL ARTICLEIn the euro area the main event today will be the release of money supply M3 and credit data for August. As usual, focus will mainly be on the credit data. According to the ECB's most recent bank lending survey, banks have continued to ease credit standards and demand for...
VIEW FULL ARTICLEFocussing on GBP; at last Thursday's Scottish Independence vote, we saw Sterling spiral downward throughout last Friday after hitting a two year high against the Euro, and the highest levels against the US dollar in 2 weeks.
VIEW FULL ARTICLEThere is very little on the economic calendar this week, however Governor Carney speaks on Thursday; his comments will of course be watched for hints on the BoE monetary policy outlook but until then it will be EUR and USD moving around a relatively static GBP.
VIEW FULL ARTICLEThe Scottish referendum is now behind us, but its implications are still rippling through the political world. In the UK, there will be a considerable shift of power away from Parliament to Scotland and, one presumes, Wales and Northern Ireland as well.
VIEW FULL ARTICLEThe United Kingdom remains intact as we know it. One the most significant events in British politics perhaps, since we were last taken to war has resulted in just over 55% of Scots voting NO to an Independent Scotland.
VIEW FULL ARTICLEReferendum Day is here. The polls opened at 7am this morning and Scots will be able to vote until 10pm tonight and have their say on whether Scotland remains part of the United Kingdom or if after 307 years, we need to go our separate ways and divorce.
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