Yearly Archives: 2015

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.

GDP Overshadowed by the Greeks

16 February, 2015

Simon Eastman

The week ended on a downer for the pound across most of the major pairings, all bar the euro, US dollar and Danish Krona.

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Bank of England boost Sterling

13 February, 2015

Rob Bastin

Thursday’s trading saw a turbulent and volatile day on the markets with major announcements from around the globe. The day kicked off with Euro-zone Industrial Production figures which posted a 0.2% contraction on the year and fell short of forecasts. The Euro however continued to trade relatively flat after its huge sell off in January.

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Greece presents bailout plan

12 February, 2015

Robin Haynes

Yesterday with little economic data out around the world, focus was once again on the Eurozone, as the Greek government presented its first proposals for renegotiating its bailout deal to ministers at the Eurogroup meeting in Brussels.

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Euro crises dominate sentiment

11 February, 2015

Tom Arnold

The week so far has been a relatively quiet one on the currency markets, with not a lot of key data released and as such not a vast amount of movement. The movement we have seen has been driven mainly by sentiment and ongoing issues, mainly in Europe.

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Slow Start To The Week

10 February, 2015

Simon Eastman

With little data out over the week it was always going to be sentiment led trading and Monday didn’t disappoint.

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A look forward to the week ahead

9 February, 2015

Matthew Boyle

Last week was an interesting one on the markets, it was the first week of a new month following the huge events seen in January and began relatively quietly.

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Bank of England MPC Meet A Non Event

6 February, 2015

Simon Eastman

It was a day with little releases but more of two key events which dominated the markets outlook for the day. On one hand we had the Bank of England MPC interest rate and policy statement and on the other the European Commission’s growth forecast.

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Good day for Sterling

5 February, 2015

Rob Bastin

Wednesday ‘s trading provided a number of economic releases for the 3 majors. The day kicked off Services PMI figures for the Euro-zone and for the UK. Euro data more or less matched expectation coming in just above forecast at 52.7, an improvement in growth from 51.6 last month. The UK shortly followed and posted an even better figure of 57.2, up from 55.8 previously and again exceeding expectations. As GBP/EUR had dropped on Tuesday, this gave the perfect opportunity for these losses to be recovered with UK data out performing Euro figures. This movement occurred despite better than expected Retail Sales figures from the Euro-zone as the markets put a heavier focus on the growth results.

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Australian Dollar weakens by 2 percent against Sterling after interest rate change

4 February, 2015

Tom Arnold

Over the last couple of weeks we have seen some quite unprecedented moves on the currency markets with the Euro being the main protagonist. The Swiss cap removal, the ECB QE program and the Greek election have caused a massive amount of Euro weakness, and this has provided a wonderful opportunity for those buying Euros to achieve the best rates for 7+ years.

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Euro continues slow march to strength USD weakens post manufacturing data

3 February, 2015

Matthew Boyle

Last week we saw, following the large events for January, a shift in sentiment in the market as EUR began to strengthen amidst poor data. This week has started no differently for the single currency as yesterday, amidst positive GBP data in the morning which showed an increase in manufacturing PMI from a predicted 52.6 to 53, we saw throughout the day it gain against the pound, and by the end of the day’s trading it had stolen almost a cent. This only demonstrates the fact that indeed EUR prices were overcooked following last month’s storm and that at present sentiment is outweighing data and the market is correcting.

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