Tag Archives: European summit
European Summit generates less than comprehensive resolutions however minor Euro strength arises from it Strength also for Australian Dollar, New Zealand Dollar and South African Rand
Right folks, a minor update on activity – The Euro has made gains overnight following an announcement at roughly 3am although less than comprehensive it was still faster than expected and led to a little more confidence globally.
Stocks and shares rallied, the perceived ‘riskier’ currencies suddenly became a lot more sought after and currencies such as the Australian Dollar, New Zealand Dollar and South African Rand gained back some ground accordingly, making them more expensive to buy.
There is still plenty more information to come on these matters and as such I expect a continued volatile market in the short term so be aware rates will be moving around a lot more than normal… To be kept up to date on movements should you not have the time to have one eye on rates all day every day then do feel free to contact me with your requirements and I will ensure you are aware of any movements be it in your favour or agianst you, helping you to maximise each and every transfer you carry out. I can be contacted here djw@currencies.co.uk
