Weak European Economic Growth (Tom Holian)

With growth in the EU having grown by just 0.1% in the third quarter of this year the figure is alarming. With the recent interest rate cut aimed at lowering inflation this also shows...

As the Euro continues to weaken when will GBP/EUR reach 1.20

The Euro has weakened against both the pound and US Dollar today after French GDP showed an unexpected contraction. Times are looking bleak for France at the moment and the Government have  a hard...

GBPEUR gets closer to 1.20, could it be hit again this week?

The pound found some strength this morning as expected pushing Euro rates back towards the 1.20 level. With all of the problems very much still present in the Eurozone the rates are bound to...

Busy day on the currency markets as GBP/EUR breaks though 1.20!! (Mike Vaughan)

Sterling exchange rates topped a 10 month high against the single currency as rates rallied through the 1.20 barrier for the first time since January following a surprise interest rate cut by the European...

Compare your Currency Broker (Tom Holian)

If you're making a currency transfer over the next few days and are already registered with a currency broker it may be worth getting another quote before you commit to making that transfer. If...

More Euro weakness? Will the ECB cut rates this Thursday is the key question!

Further to my post earlier today the ECB decision on Thursday really does deserve a little more explanation. Every few weeks we can see an event that sets the pace on the market and...

GBPEUR spikes up higher!

GBPEUR has gone higher again today as the UK's economic outlook improves further. Will we hit 1.20? Well we could be very soon should the data continue to impress in the coming week. Thursday looks...

GBPEUR rates SPIKE – STEVE EAKINS

This morning the rates of exchange are offering the best price to buy the single currency for nearly a year.  We are only 1/2 cent from the best price since Janurary. This follows the...

GBPEUR rates steady – GBPEUR over 1.18 Steve Eakins

This week Wednesday and Thursday are the key days which could hold more surprises for the Currency market. On Wednesday is UK GDP figures which are expected to show an improvement giving the pound...

GBPEUR back above 1.18!

The rate has unexpectedly jumped up much higher due to the uncertainty of just how the Eurozone will deal with a possible deflationary outlook. Falling prices are not really a good thing as the...