www.currencyline.co.uk

By Stephen Hughes

People are always telling me how when we have a 4 day week they feel more tired than they would normally as they still try to fit 5 days work into the shorter time. Well this time the currency markets and exchange rates appear to be doing the same. Sterling has been working overtime the last couple of days and anyone with currency requirements could really take advantage!!

Maybe we should go for permanent 4 day weeks.

“Boss, what do you think?”

Happy Thursday
Eugene!!

By Stephen Hughes

Well it’s interest rate decision time in the UK today, which could have an interesting effect on exchange rate movements.

The likelihood is that there wont be any change (I mean with the base rate currently at 0.5% they haven’t left themselves much room for manouver have they??), but there is still the slimmest of chances that we could see another 0.25% reduction to the cost of borrowing, assisting those of us with mortgages, credit cards and loans but further hampering those of you with savings to consider.

2 hours to go………….

Happy Easter

Eugene!

By Stephen Hughes

are three times dearer…READ MORE TO FIND OUT WHY. (more…)

By Stephen Hughes

Is sterling losing the struggle for supremacy??  Surely not!

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By Stephen Hughes

Sterling fell on Friday on renewed concerns about the banking system after British bank Lloyds reported a massive loss for 2008 and as investors reassessed a UK government plan to insure banks’ toxic assets.

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