Tag Archives: Quantitative Easing
Spain on the Verge of Full Blown Bailout
GBP The Pound reached new highs against the Euro on Friday (it’s highest since October 2008) as worries about Spain fuelled the flight to a safer haven. Despite a string of poor data releases for the UK last week and still technically being in recession, investors are still choosing the Pound over the Euro, mainly […]
No to Eurobonds! – Merkel
Angela Merkel categorically stated that their would be no debt liability falling on German shoulders ‘in her lifetime’ ahead of a critical summit tomorrow. This sparked fear by many that the crisis really does not have any route or solution to solve the sovereign debt woes. The Euro dropped against many currencies yesterday with these […]
GBP EUR USD Outlook for Today and Yesterdays Trading
GBP The Bank of England minutes indicated we are very close to more QE in the UK with a 5-4 split in favour of leaving it on hold this month, but could be reintroduced as early as next month with one more member of the MPC voting in its favor. QE dilutes the currency in […]
GBP EUR USD – UK Inflation Paving the Way for more QE
GBP Inflation in the UK fell to 2.8% from 3%, giving the MPC room to introduce more QE with out the argument inflation is too high. On this news we saw the Pound fall broadly across many currencies, QE floods the market with more cash in attempt to boost growth but to the detriment of […]
Daily Newspaper Currency Exchange Rates Comparison
Above I have highlighted where the paper believes an individual should achieve as an exchange rate. Many people use the paper to follow what they can achieve from the current currency market conditions. The mid-market rate is not achievable by an individual but when moving a larger sum (£200,000 for eg) you would hope to get closer […]
