Author: The Expat Hub

The Expat Hub
The Expat Hub
If you’ve already moved abroad, if you’re in the process of moving abroad or if you’re only thinking about it, the Expat Hub is here for you. For expatriates looking for advice, support and information, we’re the number one online stop.

The Expat Hub's Articles

Life’s a Bore? Simple, Move to Ecuador!

Friday, October 10th, 2014

Life’s a Bore? Simple, Move to Ecuador! A recent report from Expat Insider unveiled a surprising winner in the top expat destinations of 2014. Ecuador came out on top; trumping Luxembourg, Mexico, Switzerland and the USA to name but a few. So if you’ve always wondered where the happiest expats live and where it’s easy […]

Exchange Rates Today: Sterling Softer against the Euro, US Dollar

Friday, October 10th, 2014

Pound Sterling The Pound was softer against the US Dollar and Euro on Friday as data showed that UK house prices grew at their slowest pace in 10 months in September. The softer data adds to concerns that the UK economic recovery is slowing. Thursday’s Bank of England interest rate decision also weighed as investors […]

Exchange Rates Today: Sterling Weakens against the Euro

Thursday, October 9th, 2014

Pound Sterling The Pound was weaker against the Euro on expectations that the Bank of England will leave interest rates unchanged at 0.5% and will be more dovish due to a run of soft UK data releases. Economists are forecasting that the majority of BoE policy makers voted in favour of keeping rates unchanged. US […]

Exchange Rates Today: Sterling Regains Ground against the Euro, US Dollar

Tuesday, October 7th, 2014

Pound Sterling The Pound regained ground against the US Dollar and Euro on Tuesday as investors awaited the release of the latest UK Manufacturing and Industrial Production data, which is forecast to show improvement. If the data does come in positively then concerns that the UK economy is slowing will likely ease and offer support […]

Exchange Rates Today: Sterling Retreats against Major Peers

Monday, October 6th, 2014

Pound Sterling The Pound retreated against a number of major peers after UK Business Secretary Vince Cable and the International Monetary Fund both said that the currency is overvalued by 10%-15%. The comments add to those made last week by Bank of England Deputy Governor Ben Broadbent. Sterling could regain some ground if Tuesday’s Manufacturing […]

Exchange Rates Today: Pound Remains Under Pressure

Friday, October 3rd, 2014

Pound Sterling The Pound remained under pressure against the US Dollar for a seventh day in a row after Bank of England policy maker Ben Broadbent said that the UK’s economic recovery may not be strong enough to justify an interest rate increase. Sterling could see further movement if the session’s latest Markit/CIPS Services PMI […]

Exchange Rates Today: ‘Aussie’ Dollar Rises versus Rivals

Thursday, October 2nd, 2014

Pound Sterling The Pound was little-moved against the Euro and US Dollar as the market settled into a holding pattern ahead of the latest European Central Bank (ECB) monetary policy meeting, UK Construction PMI and US Jobless Claims data. The Pound declined against the emerging-market and commodity-based currencies as they were boosted by a weakened […]

Exchange Rates Today: Sterling Holding at a Two-Year High against the Euro

Wednesday, October 1st, 2014

Pound Sterling The Pound was holding at a two-year high against the Euro after data out of the 18-member currency bloc showed that inflation fell to its lowest level in five years. Sterling meanwhile remained supported by the release of a report which showed that the UK economy expanded at a faster rate than previously […]

Exchange Rates Today: Pound Edges Higher against the Euro

Tuesday, September 30th, 2014

Pound Sterling The Pound edged higher against the Euro and other peers despite the release of data showing a decline in UK Consumer Confidence in August. According to the GfK index, confidence fell from a reading of 1 to -1. A separate report also showed that UK house prices fell more than expected in September. […]

Exchange Rates Today: Sterling Surges versus the New Zealand Dollar

Monday, September 29th, 2014

Pound Sterling The Pound surged against the New Zealand Dollar after the South Pacific nation’s Prime Minister said that he wants the currency to be weaker. The Reserve Bank of New Zealand also said that its sales of the currency were the biggest seen in seven years. Sterling could see movement as the markets await […]