Euro To Dollar Conversion

Euro To Dollar Conversion with Dollars Today

Dollars Today are a UK based FX currency broker specializing in money Transfer and Euro To Dollar Conversion for corporate and domestic clients. Contact us for the very best Euro To Dollar Conversion for all your money Transfer needs.

• Competitive - Executing millions of pounds worth of transactions a year provides clients access to a range of suppliers including banks and liquidity providers
• Transparency - We deliver our products and services with simplicity to all our clients surrounding their Euro To Dollar Conversion and associated costs
• Knowledgeable - The Dollars Today team are trained to the highest standards on foreign exchange markets, payments, settlements and banking
• Communication - We believe in maintaining the highest standard of communication
• Reassurance - Using Dollars Today provide all our clients reassurance that funds sent through our accounts are safe and secure throughout
• Premier - We consider ourselves to provide an exclusive service to our clients unrivalled by our competitors
• Efficiency - We provide our clients with the most efficient service throughout. This is achieved through our knowledge, expertise and technology.
• Teamwork - Our employees and departments work hard to ensure your enquiry for Euro To Dollar Conversion experience is as smooth and hassle free
• Quality - Dollars Today works on the highest industry standards and client satisfaction
• Innovative - Dollars Today continues to use technology to be at the forefront of foreign exchange brokering
   

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Pound:
Sterling managed to recover some of its losses made through last week, late on Friday against both he dollar and euro. Weak economic data from the states saw cable roar back from $1.7537 to hit $1.7976 over the weekend. Since markets opened this morning the pound has lost some ground on the dollar, as the Fannie and Freddie mortgage story gets digested by world money markets. The pound made a positive move against the euro as well on Friday after the single currency took a hit on the back of weak German economic data. The pound was trading at 1.23, not far of the record low of 1.2217 to then rally to hit 1.24, and has managed to hold onto those gains going into this mornings session. Data at 9.30am: PPI Output YoY expected at 10.% from 10.2%, 12.01am: BRC Monitor & RICS.

Euro:
The euro finished off the week on Friday on a negative downturn, as the single currency posted a 11 month low against the dollar, just dropping under $1.42. This was even after worse than expected US economic data , which made the fall even more prominent. The euro had to digest weak data from Germany where we saw industrial production fall 1.8% on the month in July, after expecting only a drop of 0.5%. The ministry forecast weakness for industrial production in the coming months, given Germany’s worsening business climate and eight consecutive months of drops in manufacturing orders placed. The single currency has also dropped against sterling, trading at 0.8130 on Friday, now trading at 0.8064.
Data at 9.30am: Eurozone Investor Confidence, 12.00am: Manpower Employment Outlook.

General
• Oil price has risen slightly from Friday to trade at $108.20 this morning.

• Nationwide is expected to announce that it is taking over two smaller rivals in a deal that will value the building society at £191 billion. Nationwide, already Britain’s biggest building society, said yesterday that it was in advanced talks with the Derbyshire and Cheshire building societies.