EURUSD drags down EURGBP

EURUSD has moved sharply in recent days as investors move funds to the Euro as the US Budget deal and the lack of any immediate QE tapering increases risk appetite. The Euro has strengthened...

Tomorrow’s ECB monthly report and Draghi’s speech likely to set the tone for the...

Sterling had rallied up past 1.21 mid last week but following the ECB interest rate decision to keep rates on hold and the subsequent post decision press conference, the Euro rallied back towards 1.19...

Sterling – Euro exchange rates may be set for a volatile day

Today we have a few points of note for this currency pairing with first and foremost U.K Industrial and Manufacturing data out early this morning. Expectations are for a little increase so any deviation...

Draghi’s press conference lends support to the Euro, an opportunity for Euro sellers? (Mike...

Sterling had rallied up past 1.21 earlier this week but following the ECB interest rate decision to keep rates on hold and the subsequent post decision press conference, the Euro has rallied back towards 1.19 –...

A very busy 48 hours for Euro rates

Today Eurozone GDP underlined the struggles still ahead in the Eurozone with GDP (Gross Domestic Product) coming in at -0.3% for Q3. This was essentially old news but illustrates the point. Simply put the...

Euro weakness looks likely down the line, excellent rates selling Euros for Aussies and...

The Euro has been in and out of the headlines once again as various members of the ECB (European Central Bank) openly discuss the prospect of lowering further interest rates or even floating a...

Best rates for buying Euros but if selling Euros you may be wise to...

The Euro has remained fairly steady against the pound since the ECB decided to cut their base rate of interest. Although the Euro is still around a 10 month low against the pound it...

UK GDP Tomorrow (Tom Holian)

The Pound has remained stable against the Euro today after the minor fall yesterday following poor UK mortgage approvals. With the recovery for the UK looking rather positive at the moment all eyes will...

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...

Lower UK Inflation Leads to Sterling Falls (Tom Holian)

The UK inflation rate fell this morning to 2.2% in October from 2.7% which has led to Sterling exchange rates dropping across the board. The Consumer Price Index saw inflation drop to its lowest...