Showing articles for October 2009

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.

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Pound back up... a little

28 October 2009
It seems that no news is good news for sterling at the moment, and with no major data releases in the UK this week the Pound has crept back up slowly during the last 3 days. Next week's key Bank of England announcement on Thursday could shake things up, so anybody looking to send money overseas may have a window of a few days to look at securing your rate.

Don't forget, Currency Index can book exchange rates up to 2 years ahead, without you needing all your sterling available. Please call for more details.

GDP sends sterling plummeting

23 October 2009
This morning's GDP data has shown a contraction of 0.4% in the economy for Q3, dashing hopes that there would be some growth to technically end the recession.

Disappointing data - and the markets have reacted badly, with sterling dropping around 1.5c against both the Euro and US Dollar.

Contact Currency Index for the latest commercial rates.