Swiss set minimal rate for Euro – What does this mean for the Swiss...

Yesterday saw the largest movement for the Swiss Franc in its history as the Swiss National Bank decided to set a minimal level for the Franc against the Euro. Within ten minutes the CHF...

Non Farm Payroll data this afternoon – Big release in the States that will...

Good morning all and heres to a busy Friday afternoon ahead! At 13:30pm we see the release of non farm payroll data for the U.S and this can be a large market mover, not only...

Pound Euro rate stuck in 1.12 – 1.16 range…. but for how long? Sterling...

My clients continue to ask me just what will happen to the Pound against the Euro and in truth, like major analysts worldwide and the majority of people if I am completely honest you...
Will the Pound continue to rise against the US Dollar?

Bad releases yesterday for GBP but gains still made against EUR

You would have expected Sterling to suffer against most majors including the Euro yesterday if you looked at it at face value. The BofE minutes were released showing even hawks Spencer Dale and Martin...

The Eurozone bond, German GDP and UK Inflation – GBP/EUR rate

The Euro has gained over half a percent against Sterling today following statements from German businesses backing the development of a joined Euro zone bond. This has heaped pressure on Chancellor Merkel who has...

GBPEUR Rate Drops

Recent movements on the GBPEUR rate have seriously hampered clients looking to buy euros and helped those selling euros. We have witnessed a drop of over 1% today and the rate had already taken...

Domino effect of UK riots on economy and the Pound

Riots spread throughout the UK yesterday from North London to areas in South London, Bristol, Birmingham and Liverpool following the shooting of a notorious gangster in Tottenham. Even from my house in the home...

Pound Euro forecast – Volatile markets at present just what will happen in the...

The currency markets over the past few weeks have been unbelievably volatile and we have seen the stronger performers (JPY,CHF) over the past few days moving up to 4% in a day as central...

BofE and ECB interest rate decisions tomorrow – non event?

Personally I think both interest rate decisions tomorrow are likely to be a relative non event - the ECB (European Central Bank) are very unlikely to raise rates (although admittedly there is a small...

GBPEUR breeches 1.15

GBPEUR has weakened again today as investors continue to baulk at the state of Eurozone debt levels. As discussed last week, it was not even a week and the wheels were falling off the...