The euro is caught in a technical downtrend against both the pound and US dollar ahead of the new month within which we will get the next set of data releases which could arrest declines.
September 28,2014
The pound sterling is favoured to advance against the euro in the long-term as analysts suggest a return to focus on economic performance will likely play into the hands of the GBP.
September 25,2014
The euro rate complex is today seeing firmer conditions with gains coming against the pound sterling (GBP), US dollar (USD) and the under-pressure commodity complex.
September 25,2014
The British pound (GBP) exchange rate complex has recovered ground lost to the US dollar through the closing stages of the previous week - a strong start to the week confirms that perhaps a bottom to recent declines in GBP/USD may be forming.
September 23,2014
Exchange rate markets face three major events next week: the US Fed (Weds), inflation in the US and Eurozone (Weds ) and the Scottish referendum (Thurs), Nomura forecasts a potential ‘return of volatility’ indicating conversion rate strategies should be re-thought.
According to the Wall Street Journal, “currency markets have sprung back to life as investors scramble to take advantage of the divergent paths taken by major central banks”.
September 14,2014
The British pound (GBP) saw its best day on the exchange rate markets in the mid-week session since the jitters concerning the Scottish referendum were first felt ten days ago.
September 11,2014
Latest news, views and predictions for the three key currencies we follow - the euro, US dollar and British Pound.
September 11,2014
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