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 […]
Currency Exchange News this week Read More »
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 »
A real-life story about how to sell my house in Spain Cortijo Del Camino – Real Life Success Stories – The one that didn’t exist! Statistics Property Enquiries – 49 Virtual viewings – 2 Live viewings – 7 Time from sale to offer – 48 hours What do you do when you own a property
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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 »
Why is electricity in Spain more expensive than ever? The recent hike in electricity prices in Spain now make it one of the most expensive in the EU. What is causing the recent increases and how can you save money on your electric bill? How it happened? Over the year or so, electricity prices in
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Cortijo Milagro – Success Story – The one without a pool! This week’s success story is about a beautiful property that one agent said would not sell for this price because it “did not have a pool” and did not want to help !! This left the sellers very upset as they had a very
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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 »
As expected, two events dominated the market’s last week, the monthly meeting of the Bank of England’s Monetary Policy Committee and the employment reports from the US. The Bank was moderately hawkish and is now firmly in the camp of central banks looking to tighten sooner rather than later. As expected, sterling gained against the
Currency Exchange News 9th August 2021 Read More »