It is now looking increasingly likely that some kind of solution will be reached whatever that may be and that has certainly cooled the pressure on the Euro. That is if you believe the headlines and the rhetoric coming from some politicians. It is clear something needs to be done because the markets keep getting [...]
Good morning, If your company or indeed you personally make regular currency transfers overseas then it is certainly worth getting back in touch with me. Every company that trades across the globe can be at risk from adverse market movements no matter how large the transactions may be. The movement of exchange rates can have [...]
Yesterday saw the largest movement for the Swiss Franc in its history as the Swiss National Bank decided to set a minimal level for the Franc against the Euro. Within ten minutes the CHF weakened by roughly 8% against everything as CHF was sold off rapidly by the SNB to get from 1.10 to 1.20 [...]
Non Farm Payroll data this afternoon – Big release in the States that will have an effect on all majors!
Good morning all and heres to a busy Friday afternoon ahead! At 13:30pm we see the release of non farm payroll data for the U.S and this can be a large market mover, not only for the Dollar but also for many other currencies too. Non Farm Payroll data covers the amount of U.S citizens [...]
Pound Euro rate stuck in 1.12 – 1.16 range…. but for how long? Sterling Euro Forecast what will happen going forward?
My clients continue to ask me just what will happen to the Pound against the Euro and in truth, like major analysts worldwide and the majority of people if I am completely honest you just cannot be completely sure. What you shoud be doing in this current market is looking at it from an investors [...]