Currency Monkey @currencymonkey
Deliverable Foreign Exchange Specialist London Joined October 2013-
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So unemployment data out of the UK is better than expected and GBP/EUR peaks back up in the 1.35's again. Looking for a slow move lower now.
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The Currency Monkey has returned and will be posting regular updates on foreign exchange
GBP/EUR looks to be peaking up at 1.35, This seven year high is a good buy level and we should see some retracement on this shortly
GBP/EUR is holding nice and steady and consistently remaining above 1.2000 now which signals good levels for overseas property investors
Silly season is here so expect a few sharp moves in rates until it settles down over the next week but I still see EUR/USD and GBP/USD lower
Looking for GBP/USD to push up to 1.65 but I think that's as good as it gets before the end of the year
We've now seen 1.20+ for GBP/EUR so if you haven't taken advantage then more fool you as I wouldn't risk waiting for higher at that level
Surprised the ECB cut rates by 0.25%, I expect GBP/EUR to fly through 1.2000 and a little beyond, good news for overseas property buyers
I don't expect any rate moves today from the BofE or ECB, but I expect strong hints of a cut to come soon from the ECB press conference
For overseas property buyers buying in Euros now is a very reasonable level to be securing your exchange rate with the rate being at 1.18
Look at that GBP/EUR back above 1.18, you heard it from the monkey first!
It's all going as predicted, GBP/EUR is rising, EUR/USD is starting to slide back to where it belongs, I want to see GBP/EUR back to 1.18
EUR/USD heading slightly lower as predicted, I think this trend will continue over coming weeks, I'm looking to see 1.35 by end of November
Don't miss out on GBP/USD, if you have a requirement this year think about covering it now at current levels as above 1.6000 is good value
Need help or advice on currency for an overseas property purchase or business importing or exporting? Just ask the monkey @currencymonkey
GBP/EUR back up above 1.1700 after dipping below it a couple of times last week, I fancy seeing it creep a little higher over this week
Sterling still trying to get a stronghold at around the 1.6200 level against the US Dollar, looks to be struggling up at these levels though
Sterling has already lost its very modest gains from this mornings on target GDP data, watch EUR/USD though as I expect it lower soon
@rosaltmann Thanks for your message Ros, If you ever need any info on currencies or international payments feel free to ask the monkey
UK GDP comes in at 0.8%, this should be good for Sterling overall, expect to see Sterling slightly higher across the board this mornin
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