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Monthly Archives: June 2009
Interest Rates on Hold
Both the ECB and the Bank of England opted to leave interest rates unchanged yesterday, at 1% and 0.5% respectively. The Bank of England also opted to leave QE levels unchanged. Today foreign exchange markets will be interested in US employment data and this could influence the underlying dollar trend in the coming week.
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Posted in Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars
Tagged Asian currencies, Australian Dollar, best rates currency, Buy Currency, commission free currency, dollars, Interest rates, personal currency service, quantitative easing, uk economy, UK Pound Sterling, US Dollars
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Sterling hits year highs against Dollar
Both sterling and euro currency rates are at their highest level this year against the US dollar as market sentiment continues to improve following news the pace of recession is moderating. This is despite news that General Motors, once the world’s largest auto manufacturer, is to declare bankruptcy later in the day. This week brings interest rate decisions from the Bank of England, European Central Bank and Australian Reserve Bank.
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Posted in Company News, Currency News, Euros, Special Currency Offers, UK Pound Sterling, US Dollars
Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, Canadian Dollar, commission free currency, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, European Central Bank, Euros, Japan, personal currency service, UK Pound Sterling, US Dollars, Yen
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