Yearly Archives: 2019

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.

Prime Ministers plan is backed by MPs

30 January, 2019

Grace Rae

MP’s voted last night on amendments made to the withdrawal agreement, with all but two amendments defeated during the vote. Graham Brady’s amendment to replace the Northern Ireland backstop with alternative arrangements to avoid a hard border passed with a majority of 16 votes, and Caroline Spelman’s amendment to reject leaving the EU without a […]

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Vote Day

29 January, 2019

Paul Newfield

With no eco stats yesterday and only US consumer confidence later this afternoon, the vote on the governments’ latest amendment to the Brexit deal, reportedly a “Plan B”, will take centre stage in what will be another defining moment in the latest from the Brexit saga. The voting for the latest incarnation of the document […]

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A Strong Week for Sterling

28 January, 2019

Simon Eastman

Last week proved a winner for the pound as it made decent gains against its main pairings. We saw over 2 percent gains against the US dollar and the Euro, as support for Brexit “Plan B” seemed to snowball as the week rolled on, with the DUP offering their unwavering support to the Prime Minister […]

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Sterling rally running out of steam?

25 January, 2019

Rob Bastin

Thursday’s trading saw the recent Sterling rally slow down after a 4% run in just 2 weeks. With no data out for the UK to react to, traders began taking profits from the recent gains as a cluster of key resistance levels have now been reached for the short term. GBP/EUR tested the same peak […]

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Pound hits 2 month high against EUR & USD

24 January, 2019

Matthew Boyle

Yesterday saw the Pound rise to new 2019 highs against both the EUR and USD, taking it to the best rates we have seen in over 2 months. Following a decline in the unemployment rate on Tuesday, we saw the Pound start to gain ground, and it seems in the past few weeks the sentiment […]

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Pound makes gains

23 January, 2019

Simon Eastman

Yesterday saw the Pound make gains across the board, assisted by better than expected Average Earnings Figure, coming in 3.4%, an increase on previous months figure. Since Christmas we have seen a steady increase in the markets, trading now at almost 3-month highs. Fuelled mainly by an unexpected reaction to Theresa May’s deal being rejected, […]

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Brexit Shambles: New-Deal or No-Deal?

22 January, 2019

Bradly Ronan

Brexit Watch On the current topic of Brexit and any updates which can and likely will affect your budget on your overseas money transfers. MPs are scrambling to put forward plans to change the direction May is taking Brexit following next weeks vote on the amended deal. Theresa May said on Monday that she was […]

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Momentous Week in Politics

21 January, 2019

Joe Goodwin

Last week was a momentous week in politics in which the pound gained against the Euro and Dollar, closing just below 1.14 and 1.30 respectively, which was largely due to a perceived lower probability of a no deal come 29th March. And, according to analysts the probability of a second referendum has increased which could […]

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Pounds pushes to a two month high amid Brexit uncertainty

18 January, 2019

Grace Rae

The Pound has surprised markets over the past few days by strengthening and providing the best trading levels against the Euro and Dollar in almost 2 months despite the PM losing the Brexit vote on Tuesday. Currency markets have been sitting firmly at a ‘see what happens’ crossroads over the last few days regarding new […]

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Best Pound to Euro rates for 2 months

17 January, 2019

Robin Haynes

Sterling crept up slowly against the Euro yesterday and we saw the best Euro buying levels since November after Theresa May’s government survived a vote of no confidence in the Commons. Despite the catastrophic defeat of her Brexit deal on Tuesday, Mrs May enjoyed the support of all Conservative and DUP MPs, enabling her to […]

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