Euro News

Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]

This column generally focuses on company and market news of interest to serious investors.  With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]

The EURUSD is strengthening its bullish trend in the medium and long term and this is expected to remain so for many more days. The EURUSD continues to follow the bullish trend line and consolidating above the 200 day moving average. Bullish next target for this pair, the resistance at the level of 1.3395. It […]

Look for the next few days, if not weeks or months, to be a bumpy ride for world markets.  While Mark Carney’s remarks today (see my ADVFN colleague Tom Frew’s remarks) will have some impact on the London Exchange, the whole world is reacting to signs that the Federal Reserve is on the verge of […]

Britain’s banks have provided a bevy of news for the first Monday in August.  And – surprise!- not all of it is bad.  Not that long ago, any story about UK banks could have been written in one word:  “Disaster.”  Actually, it’s been so bad for so long that “bank” and “disaster” in the same […]

International Consolidated Airlines Group (LSE:IAG) share price has been escalating throughout the day and is currently up 16.80 pence to 313.90.  That’s a 5.7% increase on the day, an 18.7% increase on the month, a 49.4% increase since the beginning of 2013, and a 99% increase over the last 12 months.  Today’s change in share price […]

Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]

The EURUSD continues forming bullish patterns and for now, this pair is very strong in the current bullish trend. The ERUSUD is forming a lower high pattern below the resistance level 1.3299. If the pair manages to break that level, it is expected to climb to the 1.3400 psychological level. We should note that the […]

International Personal Finance plc (LSE:IPF), may not make a lot of headlines, so that may “leed” some snootier investors to ignore the company based in Leeds.  Interestingly enough, IPF is one of the “leeders” on the London Stock Exchange today.  Its share price is the ninth “leeding” gainer by percentage and the seventh “leeding” by […]

The views of Postman Poirot is unkown. NYSE Liffe, the European based derivatives business of NYSE Euronext (NYX), has introduced equity options on the shares of bpost, Belgium’s largest provider of postal services. The options will be available on the Brussels derivatives market of NYSE Liffe. bpost is the leading postal operator in Belgium. The […]