Yearly Archives: 2011

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.

Bank of England considered more QE

19 October, 2011

CurrencyIndex

This morning’s Bank of England minutes revealed that the new Quantitative Easing (QE) announced earlier in October was voted for unanimously. Worryingly for exchange rates…

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Latest currency news this week

16 October, 2011

CurrencyIndex

This week we have the following data releases, all of which are likely to affect exchange rates. Check back for the latest news or call Currency Index on 0800 043 2623 for a quote on your transfer.

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Sterling – Euro rate continues fall

14 October, 2011

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The Pound has continued to fall against the Euro, as the UK’s weakening economic outlook along with the probable Euro debt crisis resolution start to affect exchange rates.

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UK unemployment hits 17 year high

12 October, 2011

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Unemployment in the UK has risen to 2.57m, the highest for 17 years, according to figures out this morning.

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Greece payout likely to go ahead as inspectors agree reforms

11 October, 2011

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The Euro has begun to strengthen (become more expensive) as the EU, IMF and European Central Bank all now agree that Greece is likely to have €8bn of extra bailout funds approved.

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This week’s currency news 542

10 October, 2011

CurrencyIndex

This week we do not have any major UK data due out, although it’s a busy week in the USA which will be of note to clients looking to buy or sell USD…

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King fears ciris is ‘worst ever’ as banks hit by credit downgrade

7 October, 2011

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The Bank of England Governer, Mervyn King, fears the current economic crisis could be the worst ever seen in the UK, in an interview with Sky News.

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Bank of England injects 75bn into the economy

6 October, 2011

CurrencyIndex

Sterling fell rapidly as the Bank of England announced plans for an additional £75bn of Quantitative Easing today. This was significantly more than the £50bn that analysts thought may be injected, while many observers thought the Bank would wait until November before acting.

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UK economic growth slower than expected

5 October, 2011

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UK GDP has been revised down, showing growth of just 0.1% between April and June…

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Euro rate comes off 9 month high, while US Dollar continues to increase in price

4 October, 2011

CurrencyIndex

The Sterling to Euro rate hit a new 9-month high overnight, but has fallen back against sterling today, as we await UK GDP figures tomorrow morning at 9.30am.

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