This weeks currency exchange news Last week contained no less than 30 central bank meetings and certainly ended with some surprises. The largest was probably from the Bank of England as they raised the base rate to .25%, having shunned the opportunity last month The continuing rise in inflation appears to have unsettled central banks, […]
This weeks currency exchange news December 2021 Read More »
How do international currency exchange rates affect you as a homeowner? Many home sellers do not realize how currency exchange rates can affect them in a property market that has a large number of international buyers. Who often think of this being something that relates to banking or big business and only notice its effects
How do international currency exchange rates affect the value of your home? Read More »
Currency Exchange News November 2021. Market sentiment got hit for six last Friday as worries over the Omicron variant of Covid surfaced. As London is a major world travel hub, the UK is particularly vulnerable to this new variant, and traders fear that the economy would also suffer from further disruptions. The UK Government was
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Currency exchange rates and news for 25th October The Bank of England has been unusually verbose recently, with both Andrew Bailey and Huw Pill talking openly about their fears over rising inflation’s levels over the winter months. The markets have taken them at the word, and a move upwards in the UK’s Base rate is
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Last week was, to borrow a phrase from football, a game of two halves. The first half was dominated by the price movements in the gas and oil markets and the Conservative Party conference, the second half by speculation over the latest US employment data. The volatility in the gas markets has been extraordinary and
Currency Exchange news 11th October – Is now the time to make your transfer? Read More »
Last week was dominated by the strength of the US dollar, which took sterling down to nearly three cents off September’s highest level, with the euro also giving up a similar amount. Flows into the dollar were encouraged by the rise in yields on US treasuries and its safe-haven appeal as equity markets came under
Currency Exchange News 4th October 2021 Read More »
For much of last week, sterling played second fiddle to the dollar as it bobbled in a relatively tight trading range. This was hardly surprising ahead of what promises to be the busiest trading period since summer ended with both the Federal Reserve and the Bank of England meeting. Sterling ended the week on the
This Week’s currency exchange news – 20th September 2021 Read More »
Currency exchange news for buying a house in Spain The dollar weakened all of last week in reaction to the perceived dovish tone from the Federal Reserve, this led to the expectation on tapering in September to fade. The primary beneficiary was the euro which in turn was helped by some seemingly hawkish statements from members of
This Weeks currency exchange news 6th Spetmber 2021 Read More »
Last week the markets were overshadowed by the events unfolding in Kabul and across Afghanistan. With chaos seemingly engulfing the country, investors turned tail from riskier assets and sought the safe haven of the dollar. This change in sentiment pushed sterling down almost 1.5% whilst the euro to its lowest level for nearly a year.
This weeks currency news, Exchange rates for Euros Read More »
Sterling enjoyed a solid week last week, touching its highest levels against the euro for 18 months in quiet trading before retreating on Friday as speculators took their profits. It was helped higher by a solid rebound in Gross Domestic Product which encouraged thoughts of the economy returning to pre-pandemic levels before the year is
Currency exchange news 16th August 2021 Read More »
