Sextant French Property

My Sextant  -  Sign in  or  Register free today

UK: 020 7428 4910    France: 01 70 61 27 15

 NAEA

CEI



Finance French property Lifestyle Renovating in France Holidays in France Retiring to France

img

December currency update

The story in October was similar to the previous month’s, at least as far as the euro, the pound and the US dollar were concerned.  The dollar led the way, strengthening by a cent and a half against sterling and the euro and the pound added half a euro cent.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

At last, some good news: new French tax rises…

It cannot be denied that French President, François Hollande, is prone to a few gaffes, not unlike our own centre-left Prime Ministerial hopeful, Ed Miliband. Most recent faux pas: in a televised interview last week, François Hollande pledged that he would not raise taxes for the remaining two and a half years of his Presidential term, so far, so good

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
Posted on November 14th, 2014 | Permanent link | 3 Comments »
img

November currency update

The euro started well enough but finished badly. The net result was a loss of two and a quarter US cents to the week’s top performer and a cent and a quarter to sterling.

Read more »

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

October currency update

Another month of slow decay took the euro to a two-year low against the US dollar and to within a millimetre of a six-year low against sterling. In September as a whole the euro lost two cents to sterling and fell nearly five US cents.

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)
img

French mortgage interest rates reach new low

Interest rates have fallen by 38 basis points from the beginning of the year, for the new-build housing market (2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December). This is the first time since the late 1940s taht mortgage interest rates have reached (and stayed at) such low levels.

Read more »

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

September’s currency update

The decision was not unanimous but on Thursday the European Central Bank’s Governing Council voted to relax monetary policy further by cutting interest rates and buying asset-back securities (packages of mortgages and other loans).

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

French mortgage interest rates reach new low

Interest rates have fallen by 38 basis points from the beginning of the year, for the new-build housing market (2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December). This is the first time since the late 1940s taht mortgage interest rates have reached (and stayed at) such low levels.

(2.67 % now compared to 3.08 % in December 2013), the existing housing market (2.69 % now and 3.08 % in December) and also the renovation work market (2.73 % and 3.12 % in December).

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

August’s currency update

It was a so-so week for the euro. The single currency was steady against the US and Canadian dollars and, of course, the Swiss franc. It picked up half a cent against the British pound and two thirds of an Australian cent: both of those currencies had to contend with unsatisfactory economic data. The finalised euro zone purchasing managers' index readings were alright but they failed to match up to the promise of the provisional figures a week earlier.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

July’s currency update

Despite the unfolding drama in Ukraine and Gaza it was another relatively uneventful week in the foreign exchange market. The losers were the Canadian and New Zealand dollars, both of which suffered as expectations of interest rate increases were marked down.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)
img

Thanks to the ECB French mortgages reach an historic low level today!

Last month French mortgage interest rates have reduced once more and have reached an historic low level. A few hours ago, as analysts were expecting, the European Central Bank (ECB) has made their monthly decision on interest rates and given the comments that were made by Mario Draghi (The ECB president) to stimulate the Eurozone economy further.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)