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.

Currency See Saw Back In Effect

17 May, 2018

Simon Eastman

On another day with no UK data to write about, we were left to releases elsewhere to guide investor sentiment. We were EU data heavy with German and EU inflation figures released in the morning which all came out as expected, with all showing no different from the month before with German coming out at […]

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No change for UK Unemployment

16 May, 2018

Rob Bastin

With the Pound coming under plenty of pressure in recent weeks, hopes are now lying on some upside surprises from the remaining data releases for May to prevent exchange rates from falling further and provide some sort of relief for buyers to take advantage of. Yesterday saw the latest unemployment and average earnings figures for […]

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Busy Day for GBP, USD and EUR data ahead

15 May, 2018

Matthew Boyle

Today is a busy day in the way of data and as such we could see big movements in FX rates. Already this morning we have seen German GDP released which came in at 1.6% down from a predicted 1.8%, and as a result, has seen the Euro weaken off slightly this morning. UK unemployment […]

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Pound loses ground

14 May, 2018

Nakhil Mahra

Last week was a poor week for the Pound, losing ground on all its major pairings. Weak data over the first quarter of the year, mainly due to the colder winter and ‘The Beast From The East’. This has resulted in weaker UK retail, growth and the construction sector, which has been weak for quite […]

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Bank of England Interest Rate remains on hold

11 May, 2018

Grace Rae

After a relatively quiet week in terms of data releases for the UK, the markets have been trading quite flat ahead of yesterday’s Interest rate decision. The rate has remained unchanged at 0.5% and the MPC vote was as expected at 7-2 votes. Comments made by the Bank of England were quite dovish, saying that […]

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Which way is the pound going after BoE Interest rate decision?

10 May, 2018

Pratheep Prabaharan

It has been a quiet start to the week for UK economic data. Regardless of that, Pound strengthened against Euro over the course of Tuesday and Wednesday, mainly due to the currency see-saw effect where a strong dollar leads to a weaker euro and vice versa. Today we have manufacturing production, trade balances and industrial […]

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Markets led by Current Sentiment

9 May, 2018

Simon Eastman

There was little to go on yesterday with a lack of key data releases, so markets were led by current sentiment, which lies with the US dollar. As such, the pound made steady gains against the single currency Euro over the course of Tuesday, mainly due to the currency see-saw effect, where a strong dollar […]

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Currency wars heating up

8 May, 2018

Paul Newfield

Last week May has continued its poor showing for the pound and it was expected to be hit further, with very little UK-centric data releases on the Friday before bank holiday weekend. A mixture of Import/Export figures, Markit services and retail sales from Europe were all due. This all would have played into sterling’s hands […]

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Sterling woes continue

4 May, 2018

Rob Bastin

The month of May has continued very much as it finished April for the Pound with more weaker data and continued pressure on exchange rates. After Manufacturing and Construction PMI produced mixed figures in the last few days, yesterday was the even more important Services sector that makes up the biggest contribution to the UK’s […]

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Pound in limbo as Brexit uncertainty looms again

3 May, 2018

Matthew Boyle

Yesterday was a quiet day in the way of UK data, although it did offer a small glimpse of positivity for the Pound amidst what has been a torrid few weeks. PMI construction data in the morning came in slightly better than expected, up to 52.5 from a predicted reading of 50.5. Eurozone GDP and […]

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