Sterling Euro Exchange Rates waiting for UK Industrial & Manufacturing Data (Tom Holian)
Sterling Euro exchange rates are trading in the mid 1.37 levels this morning and trading in a tight range in anticipation of UK industrial and manufacturing data due out at 930am this morning.
With the GBPEUR exchange rates having dropped by almost 6 cents since Black Monday just a fortnight ago there have been a few opportunities to sell Euros in to Sterling at better levels during this period.
However, with the Eurozone having downgraded its growth forecast last week for 2015, 2016 and 2017 the single currency is still looking nervous.
The UK releases its own set of GDP data provide by the NIESR which measures UK growth for the last 3 months which is out this afternoon so both sets of data could impact Sterling Euro exchange rates during today’s session. The data could influence the Bank of England’s interest rate decision at midday tomorrow.
If you have a currency transfer to make and want to save money on exchange rates compared to using your own bank then contact me directly for a free quote. Tom Holian [email protected]
Source: http://www.eurorateforecast.com/2015/09/09/sterling-euro-exchange-rates-waiting-for-uk-industrial-manufacturing-data-tom-holian/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,603,923,877 |
| Stories: | 8,151,755 |
Whistler Blowers, Insiders
At the moment selling EURO could be extremely wrong because of the market situation, it is important that we are careful with how we go about thing. I am working with OctaFX broker where they have got solid swap free account which helps me do long term trading and where to do this long term trading is confirmed with their daily market reports, it provides complete idea of the market, so that allows me to pick right one to go with.