News

You can see our currency news market reports, published daily, on this page. Jargon-free and with our archive back to 2011, bookmark this page to stay on top of the latest currency news relating to your transfers.

A Brexit breakthrough?

21 February, 2018

Paul Newfield

Yesterday, despite almost no data releases from the UK, the pound climbed over half a cent against the euro, in large part no doubt due to the news that the European Parliament is preparing a 60 page document detailing how it will give the UK more flexibility in future negotiation talks, possibly handing the UK […]

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Flat trading to start the week

20 February, 2018

Grace Rae

Yesterday’s trading day was particularly stagnant with the markets appearing very flat and closed the day pretty much where it opened with no major data release out to note to cause any kind of movement. Markets in Hong Kong, China and the US were all closed yesterday too which likely contributed to the muted movements. […]

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Market Recap and Week Ahead

19 February, 2018

Simon Eastman

Last week we saw the pound vary in performance, trading in a very tight range against the euro, whilst making fairly significant gains against the US dollar. GPB v EUR Over the past week, the trading range for sterling/euro was a cent overall. The raft of data releases for both sides had only a small […]

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Small recoveries for Sterling ahead of Retail Sales

16 February, 2018

Rob Bastin

During a very quiet day of data yesterday, Sterling was able to make very small recoveries from its recent losses against its major pairs. The pound was up around 0.3% against the Euro and US Dollar during yesterday’s session hitting a 10 day high against the greenback but still close to the low of the […]

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Pound holds position despite no economic data releases

15 February, 2018

Grace Rae

Yesterday the Pound held its position despite having no domestic economic data releases to note, particularly against the Euro and US Dollar and closed the trading day just under half a cent better than where it had opened. Although there was a slight drop in the rates during the mornings trading, the Pound proved resilient […]

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Mixed week for the Pound

12 February, 2018

Nakhil Mahra

What goes up must come down. After escalating on Thursday following the BoE speech, hinting at early an early interest hike, the Pound soared providing a buying opportunity for those who have been holding off your currency purchase. Both against the Euro and USD briefly breaking levels seen mid-January. However, those hoping that these levels […]

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Hawkish Bank Sees Pound Rise

9 February, 2018

Simon Eastman

Yesterday we saw the pound rise following the latest Bank of England policy meeting. At the end of the 2 day meeting the Bank left interest rates unchanged which was a unanimous decision and widely expected but their subsequent hawkish stance on future policy was certainly not expected and saw the pound rise against all […]

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Pound Falls Sharply

7 February, 2018

Robin Haynes

The Pound fell again yesterday, wiping out recent gains against the US dollar and Euro. Sterling reached its lowest level against the Euro since late November, and against the US Dollar since mid-January. Selling off in financial markets in the UK and Asia in the morning contributed to a change in sentiment, showing how vulnerable […]

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Sterling drops after more poor UK data

6 February, 2018

Rob Bastin

The new week kicked off yesterday with more pressure on Sterling, continuing the trend February so far. Last week UK PMI figures for the Manufacturing and Construction sectors both came in worse than expected, with Construction only marginally avoiding a contraction in the sector. Yesterday we had the 3rd and largest sector for the UK […]

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Quiet week for UK Ecostats – will the Euro continue to gain?

5 February, 2018

Matthew Boyle

It is a quiet week in the way of data, particularly from the UK, so will the Euro continue to gain against the weakening Pound? Last week saw the Euro claw back some of the lost ground against the Pound – better than expected German and Spanish employment data combined with a poor Uk production […]

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