Showing articles for June 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.

What Lies Ahead For The Euro

30 June 2015
Simon Eastman
In the past 24 hours we have seen a roller coaster ride for the ailing euro with a four cent range on rates with little logical reason.

Greece talks continue

25 June 2015
Matthew Boyle
Tell me more, tell me more, did they get very far? In a week with little economic data, many of you reading this will have read much already about the Greek situation, however it remains the main focus currently and the driving force for many of the major pairings in the currency market. Yesterday was much of the same as GBP/EUR rates continued to bounce up and down within a tight range, as everyone continues to speculate over the outcome of the ongoing talks. International creditors demanded changes to Tspiras tax and reform proposals, adding further uncertainty as to whether or not an agreement will be reached and if they will avoid defaulting on their debt payment of 1.6 billion Euros due to the IMF on the 30th June.

A Not So Sterling Day For Sterling

24 June 2015
Simon Eastman
Yesterday we saw the pound fair poorly against the majority of its counterparties, not helped by the total lack of any UK ecostats for investors to work with.

Euro rallies on more positive Greek talks

23 June 2015
Rob Bastin
Monday’s headlines were all about the Greek negotiations as new proposals were submitted to creditors yesterday, with Greece now hopeful of a deal within days. It is clear that both creditors and debtors in this case are extremely keen for a deal of sorts to be put together to prevent the catastrophic fallout of a Greek exit from the Euro-zone. It is now predicted to be as much as 75% on that a deal will be agreed this week with creditors positively receiving the latest proposal from the Greek Prime Minister. Both stock markets and Currency markets rose yesterday afternoon on the hope and optimism of a pending agreement.

Retail sales disappoint for the Pound

19 June 2015
Robin Haynes
Yesterday’s main UK data came in the form of retail sales figures for the year to May, which came in slightly below expectations at 4.6%. The announcement put the brakes on the recent rise of the Pound, which had been creeping back up, and exchange rates for most major currencies were flat for much of yesterday’s trading.

Rise in UK wages boosts Sterling

18 June 2015
Rob Bastin
Wednesday’s headlines were all about UK unemployment and a rise in wages. Morning data confirmed that the jobless rate remained at 5.5%, still the lowest level since August 2008 with 43,000 more people into new work compared to a month ago. More importantly were the average wage figures which have recently surpassed the dropping inflation level meaning that peoples income is now increasing faster than prices on the highstreet. April’s figures showed a better than expected wage growth of 2.7%, up from 1.9% previously.
Register Now


Recent Articles