Global Foreign Exchange News Friday 25th March, 2011

Fx- Foreign Currency Exchange News: 25th March, 2011

FX-Traders watched as overnight in Asia the Euro has gone lower and reached 1.4150 after Portugal’s rating was lowered. This move was short lived ad the EUR/USD bounced towards levels around 1.4180 .

Global FX-Traders are watching as the GBP is changing direction this morning and is trading lower than its majority counterparts after retail sales reports that were disappointing. This decline was far worse than expected and has now placed the GBP on wobbly ground and in turn the chance of interest rate hikes has now declined from a few days ago when higher borrowing costs inevitable.

The European markets are expected to move higher today as investors ignore the sovereign debt concerns and favor strong economic and corporate news.

EURO: The Euro is trading quietly early in the day after yesterday’s intense rally to reverse early losses.

GBP The GBP has retreated from its 1.6400 high yesterday after downbeat UK retail sales and failed to regain 1.6200 in the US session. The pair dipped to 1.6100 to consolidate between here and 1.6130 in the Asian Session.

USD $USDJPY: Remains dead in the water as many investors remain uncertain over the outlook of the yen and remain sidelined.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Global Currency News Monday 7th March, 2011

Fx- Foreign Currency Exchange News: 7th March, 2011

Global FX- Market Traders watched on Friday as reports came in with regard to the Economy in the US and saw the jobs market bound in February and unemployment fell below 9% whish is the first time in two years and was felt by many to be the latest signs of an improving economy.

Today Global Market Traders and Investors will be listing to the European Central Bank and President Trichets speech as they try and dig around from some clues as to what the central bank is going to say abut rate hikes and this in turn could move the Euro very sharply.

We also expect the European stocks to open lower this morning due to the fact that all eyes are on Libya and the worries that it could be descending into civil war as well as the fact that oil prices continue to surge in an upward spiral.

Euro: The Euro was at USD 1.3972 and JPY 114.90 from USD 1.3990 and JPY 115.10 and this is largely due to high oil prices.

GBP As we write this morning the GBP/USD has hit a downward trend and has fallen from an opening of 1.6175 to a low of 1.6250.

USD The USD/JPY is trading quietly but is well supported on dips towards 82.00.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

FX-Foreign Currency Exchange News Friday 18th February, 2011

Global Fx- Foreign Currency Exchange News: 18th February, 2011

Global FX-Traders listened and the US jobless claim increased by 25,000 to over 410,000 in the last week which was higher than the expected 400,000.

Today market traders will be watching for release of the UK retail sales data for January and this will in turn give a better idea of when the Bank of England is going to raise its interest rates which is the hot subject in the FX currency market.

We also see the Euro little changed today against the USD and the JPY as Investors stand and watch ahead of the release of the UK’s economic data.

Today, European stocks are expected to open very little changed.

Euro: The EUR/USD has continued to travel around the 1.3600 level after it fell from 1.3626. It is currently sitting at 1.3605 and awaits a fresh boost from the European Market.

GBP The GBP/USD rallied round yesterday after some optimistic comments by a member of the Bank of England who called for higher rates to try and counter inflation. The GBP/USD tailed off at 1.6168 it’s highest level for two weeks.

USD The USD/JPY was at JPY 83.26 from JPY 8332 due to selling by Japanese exporters.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Daily Global Foreign Exchange News Tuesday 15th February, 2011

Fx- Foreign Currency Exchange News: 15th February, 2011

Foreign Exchange Traders have been watching overnight as the GBP has overtaken the USD during the Asian session and as we write is at 1.6060 ahead of the European Session.

The Euro fell sharply yesterday and went to a fresh three week low against the USD as headlines had suggested that the German Bank WestLB was having problems and its future is in doubt. Sources are talking about the Government Support.

It is expected that stocks will open little changed today following a mixed session in the US and Asia as we wait for the deluge of economic data.

Euro: The EUR/USD has slipped back after coming up against some resistance from the 100 day SMA near session high. It is currently trading at 1.3507

GBP: The GBP stage a small rally as we went into Europe but found sellers lined up and went back to USD 1.6000.

USD The USD is continuing to climb as the European market opens with 83.70 being the next topside target.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.