News

Best rates for buying Euros since March

1 November, 2011

CurrencyIndex

New fears about Greek debt default, and speculation that the ECB may cut interest rates on Thursday, have weakened the Euro in trading today…

Euro cheaper as Eurozone jobless reaches record high

31 October, 2011

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This morning’s Eurozone unemployment figures showed the worst data in the Euro-era, with 16.2million unemployed across the 17-nation single currency area. The Euro has weakened (become cheaper) throughout the day.

Currency news out this week 31 Oct 2011

31 October, 2011

CurrencyIndex

This week’s economic data due out is as follows; the main news for sterling is likely to be tomorrow’s first reading of GDP in the third quarter…

Euro rates fall, USD cheaper, as Eurozone debt deal announced

27 October, 2011

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Exchange rates for buying Euros have started to fall as leaders agreed a package to contain the Greek debt crisis…

EU leaders hope to reach debt crisis plan

26 October, 2011

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EU leaders are meeting at an emergency summit in Brussels to try to finalise plans to tackle the Eurozone debt crisis.

Currency news this week 24 Oct 2011

23 October, 2011

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This weeks’ headlines are likely to revolve around the Eurozone summit – and there is not much other data due out likely to affect sterling or the Euro. Elsewhere around the world we have plenty of news due out to keep the currency markets moving.

This week’s calendar is as follows…

Retail sales up, but mortgage lending down

20 October, 2011

CurrencyIndex

Today’s data has been a mixed bag for the Pound, with retail sales better than expected, but mortgage lending still subdued.

Bank of England considered more QE

19 October, 2011

CurrencyIndex

This morning’s Bank of England minutes revealed that the new Quantitative Easing (QE) announced earlier in October was voted for unanimously. Worryingly for exchange rates…

Latest currency news this week

16 October, 2011

CurrencyIndex

This week we have the following data releases, all of which are likely to affect exchange rates. Check back for the latest news or call Currency Index on 0800 043 2623 for a quote on your transfer.

Sterling – Euro rate continues fall

14 October, 2011

CurrencyIndex

The Pound has continued to fall against the Euro, as the UK’s weakening economic outlook along with the probable Euro debt crisis resolution start to affect exchange rates.