Will we see quantitative easing in the EU?

Will we see quantitative easing in the EU? On Sunday 9th November we saw the 25th anniversary of the fall of the Berlin Wall. Fast forward to the present day and barriers continue to crumble in Germany, as the objections they’ve previously voiced regarding a possibly programme of quantitative easing (QE) fall away, with the case heading to the EU’s … Read more Will we see quantitative easing in the EU?

GBP/AUD – Volatility After Fed Announcement

GBP/AUD Drops into 1.81’s It’s been a quiet couple of weeks for the sterling/aussie cross, with the pair trading in a fairly narrow range, with not much movement either side of the 1.83 mark. In fact it’s been a relatively subdued few weeks for most of the major currencies with little movement in any of … Read more GBP/AUD – Volatility After Fed Announcement

Dollar maintains marginal gains as US economy maintains status quo

Dollar maintains marginal gains as US economy maintains status quo Good Morning and welcome to the start of a fresh trading week. To recap, Friday’s key data was the Non-Farm Payroll figure released in the US at lunchtime. The June report showed slightly fewer new jobs created than expected, 209,000 rather than 230,000. It is … Read more Dollar maintains marginal gains as US economy maintains status quo

UK house price growth slows, USD continues to gain

UK house price growth slows, USD continues to gain On Thursday we saw the GBP/EUR and GBP/USD rates continue to fall. The USD was the main gainer on the day after the US posted better than expected growth figures on Wednesday, and then in the evening the FOMC tapered their quantitative easing programme by a … Read more UK house price growth slows, USD continues to gain

GBP/EUR and GBP/USD flat as markets anticipate key data releases from Europe later in the week

“GBP/EUR and GBP/USD flat as markets anticipate key data releases from Europe later in the week” Monday saw a quiet start to the week on the currency markets with GBPEUR and GBPUSD exchange rates remaining relatively flat over the course of the day as the graphs below highlight. Is this the quiet before the storm … Read more GBP/EUR and GBP/USD flat as markets anticipate key data releases from Europe later in the week

FOMC Minutes and Bank of England interest rate decision

FOMC Minutes and Bank of England interest rate decision It was a relatively quiet day on the markets yesterday with GBP/EUR trading within a 0.30 cent range, and GBP/USD didn’t show much more volatility. The only data of note early on in the day was the Halifax month on month house price index falling 0.6% … Read more FOMC Minutes and Bank of England interest rate decision