Currency Forecasts

Category: Dollar Strength

Draghi comments help Euro/US dollar through 0.89


This afternoon Euro exchange rates have fallen heavily against both the pound and US dollar following comments made by European Central Bank (ECB) Governor Mario Draghi. At the central banks latest meeting the ECB hinted that interest rates in the…

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Pound weak after BoE comments, Ireland downgraded

25th August 2010Good morning. The pound was pushed further down yesterday after a BoE members comments that growth forecasts for the UK were overly optimistic. There have also been some downgrading of EU countries credit ratings, which has weakened the…

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