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On Wednesday the UK published its latest batch of employment figures. They revealed that the UK Unemployment Rate softened to a six-year low of 6%, the lowest level of joblessness recorded since the global financial…
When the global economic crisis struck in 2008, governments and financial institutions from across the world had to introduce measures to prevent complete financial collapse. Many developed nations opted to deploy the…
<strong>Today saw the best exchange rates available for those wishing to carry out money transfers to France, Spain, Ireland and Germany etc.</strong> Worldwide manufacturing data dominated the economic data releases…
The Pound Euro exchange rate reached 1.19 GBP/EUR yesterday, meaning the best pound to euro money transfers since 20 January 2013 as the markets continue to bet that the Bank of England will have to increase interest…
The pound fell heavily yesterday against all but the high yielding currencies after the gloomiest ever economic forecast of the UK economy from the Bank of England since it gained independence in 1997. In its quarterly…
The euro remains close to a two month low against the dollar as uncertainty about Greece and weak German economic continued to fuel risk aversion thus increasing demand for the safe haven qualities of the dollar. The…
Trading volumes were down at the beginning of the trading week with the US markets closed for the Veterans Day public holiday. Continuing concerns about the euro zone and the so called US ‘fiscal cliff’ increased risk…
The Bank of England’s (BoE) voted yesterday to keep the key interest rate and level of asset purchases in the UK unchanged for November at 0.5% and £375 billion respectively. UK interest rates have now remained at their…
After a long, expensive and fractious campaign and despite the fact that not all the votes have been counted, President Barack Obama has won re-election for a second term in office by a surprisingly larger majority than…
Ahead of the US Presidential election, the euro took centre stage in the markets yesterday, albeit for all the wrong reasons as it fell to a two month low against the dollar but was largely unchanged against the pound as…
