Exchange Rate Guide

All done to fundementals Following a rather crazy month where we have seen exchange rates bounce all over the place, the consensus is that things may have levelled out somewhat. A survey of brokers suggested that all the "political shocks" of the last month such as Brexit and the change in PM have now been priced in and goi...

The Bank piles pressure on Sterling Following the fun and games of last week's result, plus all the toing's and froing's of various leadership contests GBP had looked like it had found its base and was recovering against the Euro and the Dollar. Much of this was the level headed speech made by the head of the Bank of England Mark …

The Euro hits 9 year low The Euro hit a 9 year low against the Dollar as noises from the ECB spooks the markets. Firstly the ECB president Mario Draghi has hinted that the Euro zone could begin its own phase of quantitive easing or money printing, just as the US starts to rein in its own stimulus packages. On top …

Classic Example of how exchange rates work The past couple of weeks have provided a prime example of how exchange rates are calculated and what internal and external factor effect their movements. What has happened in Russia recently typifies many of the causes and reactions of the markets to any sort of change.

We are all aware that originally it was the sanctions …