Showing articles for May 2015

Currency news reports are released all the time. You may struggle to find the time to keep up with the latest news affecting exchange rates, so leave that to Currency Index.

We publish daily articles with news & views on world events, to help you make an educated decision as to when to secure your rate.

We also publish a weekly currency news email, which we send to all registered clients, so do register with us which carries no cost or obligation but will give you access to our service if you choose to use it - and we don't pass your details to any third parties.

Weaker UK growth sees Sterling decline

29 May 2015
Rob Bastin
Yesterday’s trading kicked off with a few UK releases that would ultimately set the tone for the rest of the day. Mortgage approvals were slightly improved from last month as were total business investment figures.

Spanish Elections Weaken Euro

27 May 2015
Tom Arnold
A very quiet week on the markets continues today, with little data of note out in any of the major zones. There are a number of low key US releases, the Canadian interest rate decision and the backdrop of a G7 meeting to try and keep the markets busy, as well as a resumption of talks between Greece and its creditors.

Sterling Riding The Sentiment Wave

26 May 2015
Simon Eastman
Last week the pound ended with a strong rally across the board as we saw sterling rise in value by over a percent against most major currencies on Thursday albeit with a dip on Friday as we saw profit taking by traders cashing in on the sharp rise the day before.

Pound Rallies As Britain Spends

22 May 2015
Simon Eastman
Pound Rallies As Britain Spends Yesterday we saw a flurry of activity within the currency markets as the pound got a welcomed boost from the UK retail sales.

US June rate hike unlikely

21 May 2015
Rob Bastin
Wednesday’s trading was another positive one for GBP/EUR with rates hitting their peak levels once again. This has been largely due to the Euro weakening following news that the ECB are set to front load their bond buying programme in the coming months.

Deflation and bond buying cause GBPEUR movement USD strengthens

20 May 2015
Matthew Boyle
Yesterday was a particularly busy day for market data and unsurprisingly we saw a large amount of movement in rates. Early morning we had an ECB announcement that they will ramp up the ongoing Q.E programme over the coming months and effectively increase their bond buying scheme. As a result and as we saw when the scheme was initially announced this pushed weakness in the Euro which almost instantly lost around a cent and a half against both GBP and USD.

Noflation or Deflation

19 May 2015
Tom Arnold
Today the markets focus is almost completely taken by the 9.30am release of UK CPI Inflation. Last week Bank of England Governor Mark Carney discussed the probability of the UK heading down below the current 0% inflation figure (Noflation) into a negative figure (Deflation).

Quiet start to the week for sterling

18 May 2015
Robin Haynes
This week sees UK inflation, the Bank of England minutes (Wednesday) and public sector borrowing (Friday) likely to give influence on the value of the Pound...

UK downgrade dominates busy week

15 May 2015
Matthew Boyle
It has been a busy week on the currency market but the main news that has seemed to dominate has been Wednesdays announcement from Bank of England chief Mark Carney who downgraded the UKs economic outlook. With an inflation figure at zero (for a second month in a row) down from a predicted rate 2, Carney warned we could see a period of deflation in the UK. This saw the pound after making gains weaken quickly amidst concerns that any interest rate increase will not take place now until likely early next year at soonest.
Register Now