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Currency Exchange Rate Forecast 19/12/14

US Edge Closer to Interest Rate Hike As we come towards the end of the year it seems that we are very likely to see the US raise interest rates next year. Late on Wednesday evening Janet Yellen, Chair...

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Currency Outlook Week Commencing 29th December 2014

I hope you all had a wonderful Christmas and enjoyed the festivities! While many people are still enjoying the holiday season we at Foreign Currency Direct plc are back in the office and the market is...

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Currency Market Outlook 6th January

Sterling Euro Exchange Rate This morning we have heard the latest set of Eurozone Services PMI figures which have come out marginally worse than expected at 51.6 (any figure over 50 shows growth, below...

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UK Inflation Falls – Sterling Exchange Rates 13/1/15

UK Inflation Falls As Does The Chance of A UK Interest Rate Hike This morning we have heard from the Office for National Statistics that inflation in December fell to 0.5% a massive drop from the 1%...

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Growth Forecast Cut 20th January 2015

Global Economic Forecast Growth It has been announced by the International Monetary Fund (IMF) that they have cut the growth forecast for the global economy for the next 2 years. The IMF have stated...

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The Top 5 Most Desirable Countries to Emigrate To

The draw of moving to a new life abroad is still very strong for many people in the UK. The question is, where are the most popular destinations for Brits looking to pack up and start a brand new life...

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The UK General Election and its Potential Impact Upon Sterling Exchange Rates

On May 7th the people of the UK will go to the polls to vote on what is being called the closest election in a generation. Politicians will have been campaigning for months in an effort to win votes...

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The Election Aftermath and Currency Exchange Rates

The Impact of the UK Election on Sterling Exchange Rates As the dust starts to settle on the UK election and David Cameron begins his five year tenure as Prime Minister of a Tory majority party the...

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Greece Deal Hangs in the Balance

The Greek Debt Issue and its Impact on Exchange Rates For some time now the economic issues faced by Greece have been headline news and with some staggeringly large payments due to be made by the debt...

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Sterling Euro Hits Fresh 8 Year High

Greek Deal Latest Today we have seen Sterling exchange rates reach fresh 8 year highs against the Euro presenting some excellent opportunities for our clients looking to buy the single currency. This...

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