Pound to Euro Exchange Rate: Sterling Sinks Against the Euro Despite German ZEW Survey Hitting Record Lows

Sterling Euro data and potential information to look out for this week – Pound...

This week is expected to be a fairly volatile one for Sterling against most major currencies as we are due lots of economic data out from across the globe over the course of the week’s trading. Today will no doubt be the calm before the storm as we have Labour day over in the States leading to slightly thinner trading conditions and not too much in the way of data out either. Here is an overview of what to expect for the week ahead and which...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

What can we expect on GBPEUR this week? When to buy or sell Euros

Knowing when to buy your currency is one of the most important issues surrounding a currency transfer. Have you made provisions for what could turn out to be a very volatile month on the GBPEUR rate? Today we have the all important Purchasing Managers Index data. These are a snapshot of the performance of the UK economy and normally affect short term movements. With all of the headlines focusing on problems in Europe it is easy to forget the dire situation that the UK is...

Buying or Selling Euros? What will move GBPEUR today and next week?

September promises to be a very interesting month for the GBPEUR rate. Have you made provisions for exchange rate fluctuations? Doing a quick bit of forward planning now could potentially save you thousands of pounds! Today - We have had a range of smaller scale economic releases this morning. German Retail Sales dropped, but UK house prices rose, not much movement on the rate as investors lay low ahead of bigger events on the horizon. The bigger news today could be from the US this afternoon when...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

Pound Euro Exchange rates this week so far – Spain bailout?

The pound has had a mixed week again, gaining ground against the Dollar and the ‘riskier’ currencies such as the Australian Dollar, New Zealand Dollar and South African Rand  yet finding it tough against the hard to knock down Euro. With the once again increasing speculation of a fully blown Spanish bailout due to numerous areas within Spain needing assistance of late I would have thought the Euro would have experienced a tough week yet we have seen quite the opposite – Personally I feel...
Pound Sterling Rates Rally on Month End Flows

GBPEUR exchange rate, will Spain need a bailout and how will it affect the...

Financial news has returned their focus back to Spain, Greece and the future of the euro. Greece is re-negotiating their long term repayment and asking for an extension. Their argument is that without this in the current situation staying within the euro is not beneficial. The same negotiation strategy they have been using over the last 2 years, give us what we want otherwise we will leave which will send unknown shock waves through the single currency. My thoughts are that they will get an...
GBPCHF Exchange Rates Reach Highest Levels Since Mid-March

Currency markets

Morning readers, In the days to come we will have a focus on the Euro and Spain as they again take center stage however please remember that here we can help you trade upto 30 different currencies.  These include the South African Ran ZAR, Australian Dollar AUD, NewZealand Dollar NZD, Israeli Shekel ILS, Swiss Franc CHF, and many more. So if you have a need for any of these currencies feel free to contact us and experence our award winning exchange rates and service.  (hse@currencies.co.uk) Otherwise feel...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

Italian Bond Auction Passes off successfully- GBPEUR Forecast

An Italian bond auction to sell the debt of Italy has passed off successfully this morning which has strengthened the Euro. This all goes further to show how the mood on the market has changed in the last few weeks as it looks less and less likely that Greece will leave the Euro, and confidence increases that further effort will be made to limit the borrowing costs of Spain and Italy. Exchange rates move for a variety of reasons including sentiment and rumour. The mood currently...
GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

Euro Forecast – When will GBPEUR hit 1.30?

The continuing debt problems in the Eurozone have given rise to an excellent improvement in the GBPEUR rate to levels which anyone buying Euros in the last few years could only dream of. The Euro has become less and less attractive as a currency but has regained favour in the last few weeks on hopes that some kind of solution will be offered to limit the borrowing costs of Italy and Spain, whilst Greece will be given more time to manage its own debt problems. This...

GBPEUR rates – when to buy the euro this week

GBPEUR rates have climbed today in anticipation that the waking giant that is Europe wakes up with a bad head.  The first meetings taking place is between Greece with both France and Germany. The expectation is that they will be asking for an extension to their debt repayment. Calculations have been done and the market seems to think that they need somewhere close to 2 years to be able to curb down their recession before re-paying at current levels becomes sustainable.  Either way they...
Pound Sterling Forecast – Could the Pound Fall Lower Still?

Sterling exchange rates up against the Euro, will we see 1.28?

Sterling exchange rates have rallied against the Euro today dominated by Euro news and the uncertainty surrounding the ECB (European Central Bank) and its bond buying policy. Most notably the Bundesbank has come out and warned that a continuation of this programme may cause "considerable risks to stability". This will make the next ECB meeting very interesting as many analysts are expecting something strong from Mario Draghi (head of the ECB) following his statement that he would do 'whatever it takes' to secure the Euro. Statements like...