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.

There Could Be Trouble Ahead – Autumn Budget Released Today

5 December, 2012

Simon Eastman

Sterling had a fairly poor day against most currencies on Tuesday, completely the opposite form compared to the previous…

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Bank votes strongly against Quantitative Easing

22 November, 2012

Simon Eastman

Yesterday was the day markets had been waiting for this week as we saw the release of the Bank of England minutes…

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Euro drops back on rumours of French downgrade – USD moves opposite

13 January, 2012

CurrencyIndex

Today’s news, which was due to be dominated by economic data on both sides of the atlantic, has now focussed on a rumoured downgrade of several Eurozone countries’ credit ratings by S&P…

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Euro price rises as Italian and Spanish bond sales beat expectations

12 January, 2012

CurrencyIndex

The Euro has strengthened against sterling in trading today, as Spain and Italy’s borrowing costs fell sharply in auctions today…

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Pound still vulnerable, despite best Euro rates since Oct 2010

5 January, 2012

CurrencyIndex

The economy remains at risk of recession despite a surprise pick-up in activity among services firms in December…

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US jobless total falls, as ECB indicates it may provide Euro financing

2 December, 2011

CurrencyIndex

Today’s US jobs data showed a fall in the unemployment rate to 8.6%, while the European Central Bank may provide €200bn of funding through the IMF to help solve the Eurozone debt crisis. Both currencies have strengthened against the Pound today…

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UK manufacturing shrinks as Bank of England issues stark warning

1 December, 2011

CurrencyIndex

This morning’s UK manufacturing figures showed the fastest rate of decline for 18 months, as the Bank of England Governor warns of possible ‘extraordinarily serious’ climate ahead…

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Central banks act to ease global credit – Euro rates fall, US Dollar cheaper

30 November, 2011

CurrencyIndex

The world’s main central banks, in the UK, USA, Canada, Japan, and Europe, have made mutual agreements to provide credit to each other, in a move designed to ease strains in world markets…

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Bank of England unanimous on QE for November, Pound goes up

23 November, 2011

CurrencyIndex

This morning’s Bank of England minutes showed that all 9 committee members voted for ‘no extension’ to the existing Quantitative Easing programme in November…

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Bank of England keeps QE on hold as Eurozone growth stalls

10 November, 2011

CurrencyIndex

The Bank of England today announced there would be no increase in Quantitative Easing (QE) this month, helping sterling to hold on to recent gains against other currencies…

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