Merkel Soothes Nerves

Monitor Currency Exchange Rates

The German Chancellor, Angela Merkel, infused a new lease of life into the market after she backed the ECB President’s plan to intervene in the region’s bond markets to counter rising borrowing costs, leaving very little dissenting voices against the ECB plan. At home, an improvement in the labour market and a sharp jump in retail sales should prove positive for the next week’s revised second quarter GDP data.

Across the Atlantic, yesterday’s weak set of economic releases have reignited hopes that QE3 remains in the offing and has turned focus on to today’s consumer sentiment data.

Company Details

Merkel Soothes Nerves

Get a quick quote

Open Account with TORFX

TORFX are located at:
Penlowarth, Penzance, Cornwall, TR18 4ED, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882