Pound to Euro Exchange Rate Stays Flat as Greek Debt Talks Stall
Greek Crisis talks appeared to be building up momentum yesterday but the negotiations fell at the pivotal moment; Eurogroup finance ministers have rejected Greek bondholders’ demands for 4.0% coupons. Banks and other private institutions represented [...]
Eurozone Success Hinges on Greece: Euro Exchange Rate Performs Well on Risk Sentiment
Reports circulated around the web yesterday that talks between Greece and its bond holders were building up towards a positive outcome and as a result market sentiment moved in favour of the riskier Euro, and away from the safe haven US Dollar [...]
The pound has remained in close contact with the Euro today
The pound has remained in close contact with the Euro today at 1.210, whilst the majors have posted significant gains in the lead-up to tomorrow’s rate decisions from the European Central Bank and the Bank of England. Both the commodity currencies [...]
The Pound to US Dollar exchange rate has fluctuated very slightly in today’s currency markets
The Pound to US Dollar exchange rate has fluctuated very slightly around the 1.547 mark today. The week began positively for equities and as a result the Dollar made some minor losses against its riskier rivals. Economic data is thin on the [...]
The Pound has continued its surge against the Euro
The Pound has continued its surge against the Euro with the exchange rate currently standing at 1.213. A lacklustre Franco-German press conference kicked off 2012’s ubiquitous ‘Eurozone debt crisis talks’ and managed to off-set some strong [...]
The Sterling to US Dollar exchange rate is currently 1.538
The Sterling to US Dollar exchange rate is currently 1.538. The Dollar has made advancements on the majors, benefitting from its position as the primary safe haven currency in this time of economic global anxiety. Risk correlated assets lost [...]
The Pound and the Dollar remain flat at 1.562 on mixed data
The Pound and the Dollar remain flat at 1.562 on mixed data released today; Mortgage Approvals, Consumer Credit and PMI Construction rose higher than consensus, but Net Lending and Money Supply sunk further below expectations.
Mortgage Approvals [...]
