There is no significant sterling data tomorrow but I still expect we will see fairly a busy day as markets adjust from today. The lack of QE by the Bank of England helped the pound briefly but European Central Bank indications that the Euro zone situation is not quite as bad as many think helped the [...]
If you are planning on making any currency exchange this coming week then the below will probably be of interest. First off a little knowledge sharing for first time traders and a reminder for regular traders. There are three different rates we all have access to: Inter-bank price/ mid-market price – This is the price [...]
GBPEUR has weakened again today as investors continue to baulk at the state of Eurozone debt levels. As discussed last week, it was not even a week and the wheels were falling off the recent ‘resolution’ in the crisis. I cannot see how this will not continue to remain as a pressure on the exchange [...]
Despite the dramatic events of July taking what I believe could be a turn against the rate many of the gains we saw for the pound remain. Yesterday’s GDP figures highlighted that the UK’s economic recovery is edging along. 0.2% growth is nothing to ring home about, but it is a sign we are moving [...]
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