The Pound has recovered back above 1.20 against the Euro and continues to trade around 1.55 against the US Dollar on the interbank market. Despite UK Gross Domestic Product (GDP) data showing that the UK economy contracted by 0.2% in the final quarter of 2011, the initial market reaction suggests that many expected the data could have been worse. The recent UK economic data, coupled with t...

The Euro has continued to depreciate as markets become increasingly unconvinced with the outcome of last week’s EU summit. European bond auctions will be monitored as Germany and Italy auction €5b of 2 year bonds and €5b respectively. Pressure was also increased on the Euro following last night’s Federal Reserve decision to hold interest rates and withhold additional stimulus at this t...

08/12/11 12:00: Bank of England interest rate and Asset Purchase Programme (QE) announcement. 12:45: European Central Bank interest rate announcement. 13:30: European Central Bank press conference. 23:50: Japanese GDP. 09/12/11 All day: EU economic summit. 02:00: Chinese Consumer Price Index. 07:00: German Trade Balance. 09:30: UK Producer Price Index. 09:30: UK Trade Balance. A f...

Euro Talks Calendar Monday: Nicolas Sarkozy and Angela Merkel meet to try and agree a plan for tighter eurozone controls Italian PM Mario Monti seeks parliamentary approval for his austerity package Ireland's government begins to unveil details of its proposed austerity budget Tuesday: US Treasury Secretary Timothy Geithner arrives in Germany before travelling to France and Italy for talks wi...

Today’s Bank of England Quarterly Inflation Report has suggested that UK inflation has peaked and is likely to fall sharply from its current rate of 5% (down from 5.25% in the previous month September) to 1.3% over two years. The Bank has also cut its UK economic growth forecasts to 1% for 2011 & 2012 but indicated growth should climb towards 3.1% in two years. Both the outlook to economi...

The Pound has recovered back above 1.20 against the Euro and continues to trade around 1.55 against the US Dollar on the interbank market. Despite UK Gross Domestic Product (GDP) data showing that the UK economy contracted by 0.2% in the final quarter of 2011, the initial market reaction suggests that many expected the data could have been worse. The recent UK economic data, coupled with t...

The Euro has continued to depreciate as markets become increasingly unconvinced with the outcome of last week’s EU summit. European bond auctions will be monitored as Germany and Italy auction €5b of 2 year bonds and €5b respectively. Pressure was also increased on the Euro following last night’s Federal Reserve decision to hold interest rates and withhold additional stimulus at this t...

08/12/11 12:00: Bank of England interest rate and Asset Purchase Programme (QE) announcement. 12:45: European Central Bank interest rate announcement. 13:30: European Central Bank press conference. 23:50: Japanese GDP. 09/12/11 All day: EU economic summit. 02:00: Chinese Consumer Price Index. 07:00: German Trade Balance. 09:30: UK Producer Price Index. 09:30: UK Trade Balance. A f...

Euro Talks Calendar Monday: Nicolas Sarkozy and Angela Merkel meet to try and agree a plan for tighter eurozone controls Italian PM Mario Monti seeks parliamentary approval for his austerity package Ireland's government begins to unveil details of its proposed austerity budget Tuesday: US Treasury Secretary Timothy Geithner arrives in Germany before travelling to France and Italy for talks wi...

Today’s Bank of England Quarterly Inflation Report has suggested that UK inflation has peaked and is likely to fall sharply from its current rate of 5% (down from 5.25% in the previous month September) to 1.3% over two years. The Bank has also cut its UK economic growth forecasts to 1% for 2011 & 2012 but indicated growth should climb towards 3.1% in two years. Both the outlook to economi...

In a recent comparison conducted for one of our clients, Currency Matters saved them £1,579.29! Please find full details of the comparison below. Currency Matters quote: Client buys USD 100,000.00 @ 1.6305, client sells £61,330.88. No fees or commission charged. High Street Bank Quote: Client buys USD 100,000.00 @ 1.5902, client sells £62,885.17. + £25 fee = £62,910.17. TOTAL S...

The directors of Currency Matters Limited would like to advise all clients and counterparties that the company has been approved by the Financial Services Authority as an Authorised Payments Institution, and is entered in the FSA Register as such, with registration number 537841. Confirmation of our registration can be found on the Financial Services Authority website at http://www.fsa.gov.uk/r...

COMPARING CURRENCY MATTERS WITH YOUR BANK In a recent comparison conducted for one of our clients, Currency Matters saved them a staggering £1,613.96! Please find full details of the comparison below.  Currency Matters quote: Client buys EUR 80,000.00 @ 1.1905, client sells £67,198.66. No fees or commission charged. High Street Bank Quote: Client buys EUR 80,000.00 @ 1.1630, clie...

COMPARING CURRENCY MATTERS WITH YOUR BANK In a recent comparison conducted for one of our clients, Currency Matters saved them a staggering £1,774.53! Please find full details of the comparison below.  Currency Matters quote:  Client buys USD 120,000.00 @ 1.5670, client sells £76,579.45. No fees or commission charged. High Street Bank Quote: Client buys USD 120,000.00 @ 1.5320, ...

In a recent comparison conducted for one of our corporate clients who imports tiles, Currency Matters saved them a staggering £1,184.13! Please find full details of the comparison below. Currency Matters Quote: Client buys EUR 50,000.00 @ 1.1151, client sells £44,839.03. No fees or commission charged. High Street Bank Quote: Client buys EUR 50,000.00 @ 1.0870, client sells £45,998.1...

The US Dollar has fallen sharply late this afternoon (14/09/10) following a report from Goldman Sachs suggesting that the Federal Reserve could announce a new program of asset purchases (quantitative easing) in order to support the weak economy and to try and avoid a double dip recession. The Euro has made strong gains against the US Dollar, forcing EURUSD nearly two cents higher to a high so ...