US Slash Rates To Near Zero
- Posted by currencies in Bank of England, Brexit, Budget, coronavirus, Currency, Dollar, Economy, EUR, No Deal, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- March 16, 2020
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Ahead of the open of Asian markets late last night, the US Federal Reserve slashed interest rates by 100bp, taking the target range for the benchmark rate to 0-0.25%. Alongside, the Fed also announced that it would restart QE asset purchases by buying $500bn of Treasuries and $200bn of mortgage-backed securities. The move followed a […]
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10/03/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- March 10, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Oil prices fell by around 30% over the weekend, due to the ongoing disagreement between Russia and Saudi Arabia over the production of oil as lower prices have begun […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, GBP, Inflation, No Deal, Prime Minister, Sterling, UK, Uncategorised
- March 10, 2020
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Oil prices fell by around 30% over the weekend, due to the ongoing disagreement between Russia and Saudi Arabia over the production of oil as lower prices have begun to affect orders. The talks ended with Saudi Arabia threatening to lower their prices by $6 to wipe out their competitors during tough times that the […]
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09/03/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- March 9, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. GBP conceded its fourth consecutive weekly loss against the EUR last week due to a combination of pessimistic Brexit Talks and increasing concerns surrounding the Coronavirus. The EUR has […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, election, EUR, GBP, Mark Carney, Rate Cuts, Sterling, UK, Uncategorised
- March 9, 2020
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GBP conceded its fourth consecutive weekly loss against the EUR last week due to a combination of pessimistic Brexit Talks and increasing concerns surrounding the Coronavirus. The EUR has been the best performing currency over the past 7 days, mainly due to “carry trades” between the EUR & USD. Expectations suggest this could also happen […]
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06/03/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- March 6, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The Fed cut interest rates by 50 basis points on Tuesday, its first emergency rate cut since the financial crisis and collapse of Lehman Brothers in 2008. The cut […]
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Market Update
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, No Deal, Rate Cuts, Sterling, UK, Uncategorised
- March 6, 2020
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The Fed cut interest rates by 50 basis points on Tuesday, its first emergency rate cut since the financial crisis and collapse of Lehman Brothers in 2008. The cut was a precautionary measure to help ease the potential impact that the recent outbreak of coronavirus may have on the economy. The euro also hit its […]
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04/03/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- March 4, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Sterling has dipped against the U.S. Dollar and Euro, as an unexpected rate cut from the U.S. Federal Reserve fuelled expectations the Bank of England could follow suit to […]
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Market Update
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Mark Carney, No Deal, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- March 4, 2020
- No Comments
Sterling has dipped against the U.S. Dollar and Euro, as an unexpected rate cut from the U.S. Federal Reserve fuelled expectations the Bank of England could follow suit to protect the economy from the fallout of the coronavirus outbreak. Some analysts are expecting we could see an emergency cut for the BoE this week. The […]
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03/03/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- March 3, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Pound sterling has now hit a four and a half month low wiping out the gains we have had after the signing of the Brexit deal and massive election […]
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