Market Watch 2009

Posted 06 January 2009 at 15:02

Accurately determining what any foreign currency will do this year is going to be an extremely difficult task as the market continues to trade on sentiment rather than statistic. We have already seen the Pound stage a double day 2 percent comeback in the first week of January suggesting that we aren't going down without a fight.

Currency Market News - Euro hits new records!

Posted 14 November 2008 at 15:16

Sterling has continued to weaken off as it comes under heavy, sustained selling from the Foreign Exchange markets following the Bank of England Inflation Report, weak housing data and weak employment figures seen earlier this week.

Southern Hemisphere Currencies get walloped!

Posted 21 October 2008 at 23:50

Now if you really want to know all about Foreign Exchange and why this market has the ability to shake even the strongest monkeys from the trees then have a look at the following graphs which depict the foreign currency or exchange rate movement for Sterling against the three antipodeans or southern hemisphere currencies for only the last month.

News watch !

Posted 13 August 2008 at 16:13

In light of current market conditions it is surprising to see just how many people are still playing the waiting game when it comes to buying and paying for an overseas property.

A Sterling effort or effete Sterling?

Posted 13 August 2008 at 16:17

It has certainly been a torrid time for Sterling of late. Across the board we have seen a weak pound resulting in less purchasing power for those selling Sterling. This is particularly apparent in the case of those buying Euros. Everyone from tourists to international property investors is feeling the pinch. So why has this happened?

Did someone say... Credit Crunch ?

Posted 13 August 2008 at 16:22

Affordability is a huge factor that should be taken into account when buying any property and it is important to be aware of how economic changes could affect the price of your property. When buying a property abroad one needs to be aware of not only how changes in interest rates will affect your repayments but also how exchange rate fluctuation will affect the price you ultimately pay.

Property buyers feel the pinch!

Posted 13 August 2008 at 16:30

The realisation that the UK pound may not recover any time soon against the euro has finally forced overseas property buyers to consider the impact that exchange rates can have on the price they pay for a property abroad.