Sterling Exchange Rates Continue Losses

Following yesterday's positive gains we have seen the pound lose ground against the Euro further this afternoon. I do feel, however, that GBP/EUR rates hinge on tomorrows key interest rate decisions from the UK...

GBP Exchange Rate Down

Sterling exchange rates have taken a big hit this morning against both the Dollar and the Euro after UK PMI Manufacturing data came out a lot lower than expected.  The disappointing figures have eroded...

Euro Rate Dependant On GDP Today

Current Euro exchange rates will be dependant on GDP figures released today expected to come in at 0.3%.  However if these figures are revised down it may discourage the ECB from raising interest rates in...

Euro Dollar Rate Close To Year High

The Euro remains close to breaking the year high recently seen despite poor Euro zone retail sales figures today- The FOMC Minutes release in the next two hours could prove very interesting in terms...

Sterling Exchange Rates Rally

GBP exchange rates have rallied today in a trend very much against the the recent trading conditions the market has been experiencing. Much of the movement can be attributed to the much better than...

Sterling Euro Forecast Predicts Pound To Remain Weak

Sterling exchange rates are likely to remain very weak versus the Euro if the Eurozone does raise interest rates this week.  The risk for anyone buying Euros will be if the anticipated interest rate...

GBP EUR – Data out today

This morning sees the release of PMI (Purchasing Managers Index) data for both the U.K and the Euro Zone, Europe stepping up first at 09:00 and the U.K following shortly after at 09:30am. I would...