Euro (€) Currency Thread

inspector_monkfish

1.0725 now

really moving....

dealsearcher

Have I read this right? They were expecting a deficit of around 1.9 billion euros but it came in as 10.5 billion euros? Over 5 times what they were expecting - and the rate has only gone to just over 1.07?

inspector_monkfish

dealsearcher wrote: »

Have I read this right? They were expecting a deficit of around 1.9 billion euros but it came in as 10.5 billion euros? Over 5 times what they were expecting - and the rate has only gone to just over 1.07?

Dec was revised from -0.7bn, to -1.7bn

Jan expectation was -9.0bn, it came in at -10.5bn....

whatever way you read it, its pretty shocking!!!


and only moved up at 50tics...!!!!

dealsearcher

Okay. I didn't read it quite right. It's just (!) an extra 1.5 billion on the defecit. Still I would have expected a bit better than 1.07. It was 1.12 just a couple of weeks ago.

inspector_monkfish

dealsearcher wrote: »

Okay. I didn't read it quite right. It's just (!) an extra 1.5 billion on the defecit. Still I would have expected a bit better than 1.07. It was 1.12 just a couple of weeks ago.

suspicious market manipulation


various dodgy GBP figs due out this week also

dealsearcher

In fact the forecast was for a January deficit of 9 billion euros. The actual figures went from 1.7 billion to 10.5 billion euros.

So if the forecast was for an over five times increase in the deficit why was the euro doing so well last week?

inspector_monkfish

dealsearcher wrote: »

In fact the forecast was for a January deficit of 9 billion euros. The actual figures went from 1.7 billion to 10.5 billion euros.

So if the forecast was for an over five times increase in the deficit why was the euro doing so well last week?

suspicious market manipulation.....

inspector_monkfish

trading at 1.0745

pgt67

Would like some advice on whether or not to get my holiday cash, Euro's, over here, travelling 4th April, or as I have always usually done changed it over there, Mainland Spain. Not talking a huge amount prob around £500.

We do have both Nationwide cards to fall back on, Flex & CC but dont want to rely on them as knowing my luck the machine would swallow it up on the first attempt

dealsearcher

inspector_monkfish wrote: »

trading at 1.0745

Now back at 1.068! Obviously some 'profit' taking at around 1.075!