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The British Pound remains well supported and the coming week’s heavy economic calendar could offer a further boost if the data confirms the UK economy picked up steam at the start of the year. In fact, inflation, wages, GDP, and retail sales data will be closely monitored and should the data beat expectations, markets would …
Sterling’s Promising Outlook Amid Economic Optimism Read More »
Let’s find out what is happening in the currency exchange world this week and how it can affect you when you are buying or selling a house in Spain
There have certainly been some ups and down in the currency exchange world at the start of 2023. These fluctuations can have a big impact if you are buying or selling a property here in Spain. here we take a little more in-depth look at what is affecting the most common currencies for buyers and …
This week´s currency exchange news. Pound rocked by BoE’s bleak economic forecasts Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks… Latest currency news The past couple of weeks have seen …
This week´s currency exchange news 16th August 2022 Read More »
This week’s currency exchange news – How does it affect you? European stock markets are expected to open sharply lower this morning, continuing the global sell-off after red-hot inflation data in the US raised fears of aggressive Federal Reserve monetary tightening. Following the data release, the dollar climbed to a near four-week high against a …
This weeks currency exchange news – How does it affect you? Read More »
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 …
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 …
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 »