Yearly Archives: 2016
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Euro rallies as dollar weakens
4 February, 2016
Ashley Finill
It was a bright start to the day for the Pound yesterday as the Eurozone posted negative figures for Markit services, Spain were the only country in the Euro to post positive figures but despite that the Pound rallied on gaining around a..
Read moreQuiet day for data sees little movement in markets
3 February, 2016
Matthew Boyle
Yesterday was a fairly quiet day for data – Euro data in the morning was largely a mixed bag with positive releases for both Euro and German unemployment, but a poor result for Eurozone Production.
Read morePound gets triple boost
2 February, 2016
Robin Haynes
Sterling was up around a cent against both the Euro and US Dollar in trading yesterday, as three pieces of good news gave the struggling Pound a small but nonetheless welcome boost for those of you sending money abroad.
Read more2016 downward trends may continue
1 February, 2016
Grace Rae
The last week of January saw the sterling makes some small gains against the Euro and the US Dollar following its weak start to the year due to the central banks of the UK and Europe contradictory announcements on their anticipated interest rate policies.
Read moreQuiet week draws to a close with a busy day
29 January, 2016
Tom Arnold
In relative terms this week has been quite a quiet one on the currency markets with the Pound operating within a very narrow range of only a cent or two against both the Euro and the US Dollar.
Read moreSterling slide continues
28 January, 2016
Simon Eastman
Yesterday the pound continued its slide across the board, following on from the selling pressure it found itself under from Tuesday, caused by comments from Mark Carney the Bank of England chief. He had suggested..
Read moreSterling correction provides opportunity
27 January, 2016
Rob Bastin
Tuesday was another quiet day for economic releases, leaving it to the technical’s to drive exchange rate movements. With an absence of UK data the pound was able to continue positively..
Read morePound gains short lived
26 January, 2016
Ashley Finill
Yesterday saw a quiet day on the market with no notable data releases that affected the major currency pairings. The Pound is desperately clinging on to the gains it had received from news of the ECB’s potential rate..
Read moreHint at Euro interest rate cut gives GBP breathing space
25 January, 2016
Matthew Boyle
Last week at its start looked like another catastrophic week for GBP its losses continued. However it was Thursday that saw a turnaround for its fortunes as Mario Draghi announced that there may be further..
Read moreDraghi sends EUR cheaper
22 January, 2016
Robin Haynes
There was some much needed respite for Euro buyers yesterday, as Mario Draghi said at the ECB’s monetary policy press conference that the ECB would “review and possibly reconsider” monetary policy at its next meeting in March. The central bank kept interest rates on hold at..
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New Articles
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