Tag Archives: currency pair
Stronger than expected UK PMI data of late has helped force the mid rate against the pound over 1.20 again so some clients, depending on volume have been able to achieve this rate. The levels have been pretty short lived recently and with the ECB rate decision today and UK services PMI out in less than an hour it may be prudent to move quickly. If you are looking to buy Euros at 1.20 then please e-mail Colm at email@example.com quoting ERF in the subject matter with a brief overview of what you want to trade.
Whilst Australia didn’t actually cut interest rates on Tuesday they did give their strongest hint yet that this is on the cards and I guess has therefore been priced in. Also Chinese data up to the other day has been on the weaker side but the PMI yesterday was way above expectations which boosted the Aussie. With unemployment in Spain still rising I think current levels to sell Euro and buy Aussie may not be great, but are still unlikely to improve significantly without a hefty cut Down Under next month. We can trade any major currency pair so do feel free to contact us to find out more and if we can help get you a better rate on your transfer.