The start of 2016 has already seen volatile swings in currency markets with sentiment among investors and traders turning to risk aversion and a ‘flight to safety’ to safe haven currencies such as the US dollar which has been one of the main beneficiaries. The main concerns at present are to do with the continued […]

That wild partying by the euro in the wake of the ECB’s policy statement may have been a bit too much excitement for a currency that hasn’t been trading with significant strength for some time. It was fun while it lasted, but Mr Draghi is already taking down the bunting and switching off the lights […]

The market’s immediate reaction to the long-awaited ECB meeting has been one of disappointment. ECB President Mario Draghi confirmed that there will be no extra monetary quantitative easing each month, but the programme will be extended to “at least March 2017.” The deposit rate has also been cut by a further 0.10%, taking it down […]

December is set to be a crucial month for central banks in the US and Europe, as markets expect major decisions in the weeks to come. The US dollar has continued to strengthen against its major counterparts as we head into the week. Though there is a spate of US economic data to be released […]

Mario Draghi sent a clear message at Thursday’s European Central Bank (ECB) meeting that the ECB is ready to do all it can to support Eurozone growth. Mr Draghi opened the door for the use of all monetary policy instruments necessary to bring inflation back to target, including a further cut in interest rates or […]

The pound has gained strength against the euro in the last 24 hours, thanks to comments from Bank of England Governor Mark Carney. He expects inflation to improve and says households should prepare for an interest rate rise in the near future. The pound’s strength has been further increased by concerns in the Eurozone, as […]

Over the weekend the Greek crisis has escalated. The Greek Prime Minister has called a referendum on whether or not the Greek people will support the latest proposals. The vote will be on 5 July and the Greek government has made it clear it supports a ‘No’ vote. A no vote is likely to mean […]

The effort to save Greece has hit a crucial 48 hours. There’s a push to get a deal agreed by Wednesday night, when the Eurozone’s finance ministers meet. If negotiations are successful we could see sign-off on Thursday, and that could unlock billions of euros in financial aid for Greece. That would remove the risk […]

With June just around the corner, so is Greece’s debt repayment of €1.6 billion to its creditors. With negotiations continuing to stall over the restructuring of its repayments, high levels of volatility have begun to burden the euro, which weakened over 3.5% in May alone. With talks likely to continue well into June, this volatility […]

French property buyers could take advantage of its sharp decline.