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 »
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 »