Showing articles for October 2010

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.

Currency Index in the news

28 October 2010
CurrencyIndex
To see our interviews on the One Show, Sky News and Five News, regarding rogue traders Crown Currency Exchange and better regulation in the currency industry, please click here to view our YouTube channel.

Retail sales fall as Euro rate continues down

21 October 2010
CurrencyIndex
This morning's UK retail sales showed a 0.2% decline in September (worse than expected), which has done nothing to help the ailing pound.

The rate for buying Euros is now at its worst since April, and there is no major data due out for the rest of the week to give cause for optimism.

US dollar rates, however, are still holding up due to weakness in the US economy.

UK Data Update

13 October 2010
CurrencyIndex
The data out from the UK this week so far has been mixed at best, unfortunately leading to a fall in the value of sterling against most currencies.

Trade Balance: worse than expected (-£8.2bn)
House prices: worse than expected (up 8.3% in last 12 months but now falling)
Unemployment rate: better than expected (7.7%)
Jobless claimants: worse than expected (up 5,300)

It is worth noting that Bank of England MPC member Andrew Sentance is giving a speech at 6.40pm today, and his views on interest rates and quantitative easing are likely to be taken as signals as to the Bank of England's intentions for the next few months, with implications for the Pound.