BER Profile:

  1. Home
  2. BER Blog
  3. Euro

Euro

Euro – Daily Market Updates keep our customers aware of the latest Euro exchange rates, charts and rate changes in the major EUR cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

US Dollar Sinks on Trump Bill Failure

The US dollar is sucking wind, to put it technically, and is down across the G10 spectrum. President Trump’s Healthcare bill never even made it to a vote because he couldn’t garner enough Republican Party support. Traders, always quick to jump to conclusions, concluded that this failure jeopardizes his tax cut and infrastructure spending plans as well and sold dollars. USDJPY got pounded. View article >

Pound Drifts Higher after Trump Healthcare Bill Fails

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) pushed higher against most of the other majors this morning as the US Dollar (USD) weakened. This follows a strong performance last week as an uptick in UK inflation prompted GBP to end the week higher against most of its peers. However, with Theresa May set to trigger Article 50 on Wednesday the Pound may encounter volatility as the week continues, with Brexit jitters likely to mar the currency. View article >

“I Can’t Get No Dollar Traction”

This morning’s US healthcare vote, strong Eurozone Manufacturing PMI data and a pending US Durable Goods report left traders in overnight markets singing “I can’t get no dollar traction.” Asia opened with Kiwi getting spanked on a weaker-than-expected New Zealand Trade report. (Actual    -18 million vs. forecast $16 million) NZDUSD fell from 0.7034 to 0.6997 in Asia but edged back to 0.7014 by the New York open. View article >

Pound Rallies After Upbeat Retail Sales

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) strengthened against most of its peers yesterday as markets reacted positively to the UK’s latest retail sales data. The ONS reported that sales leapt from -0.5% to 1.4% in February, sailing past initial expectations of 0.4% growth and suggesting consumers were still willing to spend despite rising inflation. However, Sterling softened overnight against some of the majors as economists warned that first quarter growth would still be negatively affected by lacklustre sales at the start of the year. View article >

Euro – Fri Mar 24: EUR Up vs AUD and Down vs USD, GBP & INR.

Categories: Euro, Market Updates
The Euro is today down -0.25% against the United States Dollar, down -0.19% against the British Pound Sterling, even against the Swiss Franc, up 0.16% against the Australian Dollar, even against the Canadian Dollar and down -0.24% against the Indian Rupee.
EUR Daily Rate Alerts
Read on for the latest 1-week and 3-month EUR cross rate fluctuations, charts and trends.

Euro vs United States Dollar

The Euro is today down against the United States Dollar with the EUR/USD at 1.0765, a drop of -0.25% but up for the last 7 days with a rise of 0.57%. View article >

Traders Cautious ahead of US Healthcare Debate

It is a pivotal moment in the Donald Trump presidency, or so says the conventional wisdom. The US dollar has been under enormous pressure on speculation that if President Trump can’t implement their version of a health-care bill, Trump won’t be able to pass anything else, including his tax cut package. The vote could be today. If it passes, the US dollar will rally.  View article >

Pound Steady as Markets Brace for Brexit

Sterling

GBP/USD 1 Week Chart
The Pound stabilised against the majority of its peers yesterday as markets begin to limit movements ahead of the start of Brexit next week. Investors remain dovish in advance of Theresa May triggering Article 50 on Wednesday as the following two years of negotiations will create a great deal of market uncertainty. However Sterling was able to strike higher this morning following the release of the UK’s latest retail figures for February, which clocked in at 3.7% on the year instead of 2.6% as forecast. View article >

US Political Questions Scuttle Greenback

Questions as to whether President Trump can deliver on his election promises of tax cuts and infrastructure spending have unnerved equity markets. Global equity indices followed US equity indices lower in Asia and in Europe and that weakness drove USDJPY down to levels last seen on November 22. Tuesday’s USDJPY sell-off in New York extended throughout the entire overnight session, helped by a better than expected Japan Trade report.  View article >

GBP up on EUR, USD, AUD as UK Inflation Rises

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rallied against its peers on Tuesday as markets reacted favourably to the UK’s latest inflation figures. Data released by the ONS showed that the inflation rate leapt from 1.8% to 2.3% in February, outpacing forecasts it would rise to 2.1% and striking its highest levels since September 2013. The jump prompted speculation that the Bank of England (BoE) will be forced to raise interest rates to prevent inflation from rising further. View article >

Dollar Lower Across the Board

The US dollar is on the defensive as the New York session starts.  Better than expected UK inflation data and a strong performance by French centrist candidate Emmanuel Macron in a TV debate. lifted sterling and Euro, respectively. In Asia, the RBA minutes pointed out pitfalls from the housing market and rising personal debt which drove AUDUSD down from 07737 to 0.7698. View article >

Last updated by at .

Next Page
We make it Easy to Compare Exchange Rates & Fees of Banks and Online Currency Exchange & Payment Providers
Postal Address: 76-88 Crown St Woolloomooloo, 2011 NSW Australia.
BestExchangeRates.com is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions.     Full Disclaimer | Terms of Service | Privacy Statement    -    Facebook | Twitter | Google+