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.

Sterling kicked the week off on a positive, pushing up against the Euro

25 November, 2019

Grace Rae

Last week Sterling kicked the week off on a positive, pushing up against the Euro and US Dollars, providing a great exchange opportunity as rates sat only a cent below a two year high. The outlook of a conservative majority in the general election polls could have also been a strong influencer for Sterling as […]

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Sterling markets continue to consolidate in a sideways fashion

22 November, 2019

Rob Bastin

Sterling markets continue to consolidate in a sideways fashion, as markets tread cautiously ahead the crucial election on 12th December. With record numbers of voting registrations already seen, this election is set to be one of the most unpredictable for many years. Some will vote with their heads, some with their hearts, and others will […]

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Debate between Jeremy Corbyn and Boris Johnson

20 November, 2019

Maksim Tichonov

The most meaningful event of the day was the debate between Jeremy Corbyn and Boris Johnson, with Conservatives still in control of the election and no other major headlines that GBP cares about. Although we’ve seen the mid-market rate go up over the last few months, with the election next month and the upcoming Brexit […]

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Little in way of key developments for Sterling exchange rates

18 November, 2019

Rob Bastin

Last week offered little in way of key developments for Sterling exchange rates. Following a sharp 5% rise at the beginning of October, the pound now finds itself in a consolidation phase with rates trading sideways for the last 4 weeks within a small range. Confirmation of a December election has left markets sat on […]

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What are you waiting for?

15 November, 2019

Matthew Boyle

This week has seen a continuation of the Pounds good fortunes as yesterday it reached a new 6 month high against the Euro, whilst also pushing GBP>USD rates slightly higher. Analysts suggest that this is primarily based on speculation and pricing-in of a large conservative majority in the upcoming election on Dec 12th. However warnings […]

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Yesterday the pound remained flat against the dollar and euro as eco stats had little effect

13 November, 2019

Joe Goodwin

Yesterday the pound remained flat against the dollar and euro as eco stats had little effect. UK average earning data (which is a leading indicator of consumer inflation), came in below expectations at 3.6%, relative to the forecast of 3.8%. And, the UK’s unemployment rate (which is generally viewed as a lagging indicator of overall […]

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Sterling stays near 6 month highs

11 November, 2019

Luke Dyson

With GBP/EUR now beginning its third week in its one cent range bound market it is clear sterling’s strength has hit a brick wall. with the election taking place on the 12th Dec it seems like sterling is trying to hold out before picking a direction to pursue off the back the election results. However […]

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Carney Causes Collapse

8 November, 2019

Simon Eastman

Yesterday we saw sterling start the day off well, back hovering up at the top of the current trading range we have seen for the last few weeks against the euro. Markets have little to go on currently, with Brexit on the back burner whilst the UK gears up for a General Election in early […]

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Election Campaign Underway

6 November, 2019

Ashley Finill

With Brexit now on the back burner and the general election campaigns only just starting to take place the currency market seemingly calmed down from the volatile state last month. With an election being held on the 12th of December, the standing parties have all begun their campaigns in the race for No 10. Although […]

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A Flextension and a General Election

4 November, 2019

Grace Rae

Last week saw rates continue to trade fairly flat as the anticipated October 31st Brexit deadline came and went. And the EU announced a 3 month postponement to January 31st 2020, which provided some relief as there were fears of a much shorter extension. The House of Commons also said goodbye to John Bercow who […]

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