Pound euro exchange rate is knocked down by bitter UK PMI, this week will be important for the direction of sterling

The pound to euro exchange rate is losing ground this morning; those looking to convert their pounds into euros will attain 0.38 pct less than they would have at the close of play on Friday.

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Australian dollar exchange rates on the front foot on Spain, China and improvement in coal company stock prices

The pound converts to 1.558 Australian dollars - the exchange rate is 0.23 pct lower at last night's close.

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Pound euro exchange rate loses 0.2 pct but losses should be capped when safe-haven demand kicks-in

The pound to euro is 0.2 pct in the red this morning at 1.2550.

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British Pound Sterling: UK currency attempts to navigate a contradictory set of economic data

The pound sterling is looking OK this morning - I use the phrase 'OK' as it is a bit of a mixed bag:

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Euro exchange rate: Today the EUR and currency markets could be jolted by Moody's Spanish rating review

The euro exchange rate could find itself shunted either way by an imminent decision by Moody's concerning the sovereign rating of Spain. "Even a single-notch downgrade would be enough to push Spain’s rating into junk territory," says Gareth Berry at UBS.

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Your Fix of Sterling News ... Live

the pound sterling live

What You SHOULD Know

 

red graph

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.


now a good time to convert pound to euro

Is now a good time to convert pounds into euros?


good news for the pound

Good News! (ONLY if you are a sterling-supporter)


 



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