Pound to euro exchange rate knocked by increased quantitative easing bets amongst investors
- Details
- Published on Friday, 15 June 2012 10:04
- Written by Will Peters
"Sterling has sold off this morning, no doubt related to Mervyn King’s apocalyptic speech last night. With eurozone risks escalating, the BoE is sounding increasingly dovish" - Caxton FX.
Global Forex: Euro Dollar neutral as Wiedman hints that further rate cuts at the ECB are not a given
- Details
- Published on Friday, 15 June 2012 09:39
- Written by Will Peters
Key news items coming out of the Eurozone.
Euro exchange rate today: Relief as Spanish yields fall below key level, EUR boosted ahead of 'financial armageddon'
- Details
- Published on Friday, 15 June 2012 09:02
- Written by Sam Coventry
"Understandably, the outlook for the region is becoming very dark. Talk of a Eurozone breakup is rife; many are anticipating a disruptive financial armageddon" - Investors Intelligence.
British Pound Sterling: UBS remain cautious on the UK currency, set a significantly lower 12m GBP-USD forecast
- Details
- Published on Friday, 15 June 2012 09:25
- Written by Will Peters
"These remarks support the view of our UK economist that further Gilt purchases are in the pipeline" - Gareth Berry at UBS.
Currency Forecasts: Canadian dollar to retain dogged strength on indications that risk-aversion is unlikely to spike to 2010 levels
- Details
- Published on Thursday, 14 June 2012 13:04
- Written by Sam Coventry
"Accordingly, we would expect USDCAD to enter a short period of range trading rest before there is a catalyst large enough to break it out" - Caroline Sutton at Scotiabank.
More Articles...
- Global FX: Euro finds a little more support as Italian bond auction wasn't the train-wreck markets had been expecting
- Pound to euro could hit 1.25 in the next fortnight forecast Caxton FX, however pound to dollar could decline further
- Pound exchange rate today: Position-squaring is key element behind latest declines in the GBP-EUR rate
- Canadian dollar not expected to post any further significant gains against the US dollar, event risks lie ahead
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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