Pound to euro exchange rate stuck on 1.25 while pound dollar rate faces downside risks from here on
- Details
- Published on Tuesday, 02 October 2012 10:42
- Written by Sam Coventry
Those looking to convert pounds into euro's this morning would do so off a base exchange rate of 1.2507. This level is by and large unchanged on a daily basis.
Euro exchange rate today: UBS are bullish on single currency near-term, manufacturing PMIs provide momentum
- Details
- Published on Tuesday, 02 October 2012 10:19
- Written by Rob Samson
The euro is slightly firmer today, we note UBS advise they are bullish on the pairing saying "A break above 1.2988 would signal fresh extension of gains to 1.3031 and then, 1.3085. Support lies at 1.2804 ahead of 1.2758."
Euro exchange rate today: EUR up on good data and expectations that Draghi will reaffirm his support for the single currency
- Details
- Published on Monday, 01 October 2012 09:55
- Written by Will Peters
The euro is on the offensive this morning as markets turn positive and investors re-establish their desire for riskier assets such as stocks and commodities.
Canadian dollar and other major currencies play it safe; CAD guidance to come from US ISM
- Details
- Published on Monday, 01 October 2012 12:36
- Written by Paul Williams
The Canadian dollar staying well within established trading ranges - alongside other global currencies:
British pound sterling hits resistance against US dollar; retreats against euro as markets turn blue
- Details
- Published on Monday, 01 October 2012 09:43
- Written by Sam Coventry
Global markets are in the blue this morning - a situation that has aided the likes of the Australian dollar and the euro against the British Pound Sterling.
More Articles...
- Pound euro exchange rate is knocked down by bitter UK PMI, this week will be important for the direction of sterling
- Australian dollar exchange rates on the front foot on Spain, China and improvement in coal company stock prices
- British Pound Sterling: UK currency attempts to navigate a contradictory set of economic data
- Pound euro exchange rate loses 0.2 pct but losses should be capped when safe-haven demand kicks-in
Latest in Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
- Euro exchange rate today: CPI and ZEW data releases are key for near term movement
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What You SHOULD Know
Was the low value of pound sterling behind today's BoE decision?
GBP has moved higher across the forex markets in the wake of news that the Bank of England has opted to not increase the supply of money through quantitative easing.
Is now a good time to convert pounds into euros?
Good News! (ONLY if you are a sterling-supporter)
Latest In Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
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Latest Content on The Site
- Canadian Dollar Today: CAD not setting the world on fire; but USD/CAD unable to press for fresh highs
- Forex: Low value of pound sterling behind today's BoE decision? GBP seen gaining against host of key currencies
- Pound sterling vs Australian dollar trading at all time lows, fantastic opportunity to transfer AUD into GBP says one commentator
- Australian dollar, New Zealand dollar slip against pound sterling as a plethora of issues trouble investors
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
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