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.

Sterling outlook continues to worsen

19 July, 2018

Rob Bastin

Yesterday’s trading could prove to be pivotal for one Sterling exchange rates over the coming weeks and months. The pound has come under significant pressure over the last couple of weeks as Brexit and political uncertainty continues to weigh heavier by the week. In total 3 members of the cabinet have resigned in the last […]

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Critical day for the Pound

18 July, 2018

Matthew Boyle

It has been a tough week for the Pound following the resignation of 3 cabinet members, and as Brexit and its surrounding uncertainty reaches fever-pitch. Yesterday a bid by Tory rebels to create a customs union was seen off and defeated by only 6 votes. In total 12 conservative members rebelled against the party by […]

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Another MP resigns

17 July, 2018

Nakhil Mahra

After a fairly quiet morning to start of the new week where markets remained fairly flat due to the lack of Eco data, the afternoon session got a bit more attention. There was significant interest in the PMs cabinet, where last weeks resignations had already put the pressure further on Mrs May the last thing […]

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Brexit White Paper Submitted

13 July, 2018

Rob Bastin

Yesterday was another trading day absent of any key eco stats for the UK with the main release of the day coming from across the pond. Latest Inflation figures for the US showed a drop in the monthly figure from 0.2% to 0.1% when no change was expected. When announced the USD weakened by around […]

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Trump Flies In

12 July, 2018

Paul Newfield

On the day that PM May, along with some newly elected cabinet ministers, finally sets out a blueprint for the latest Brexit plans, we also have a 2-day visit by President Trump, who will hold discussions with both May and HRH the Queen. Concerning the Brexit, The main details will focus on the UK’s relations […]

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More Ministers Resign

11 July, 2018

Nakhil Mahra

This week we have gone from cheering in a Swedish furniture store to seeing our cabinet collapse. Yesterday 2 more ministers resigned from their positions leaving Theresa under further pressure. Her recent PMQs performance to be judged as her least convincing yet, with Mrs May for the first time showing the signs of pressure, at […]

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Chequers – check-mate on Brexit?

4 July, 2018

Paul Newfield

A fairly quiet day on Tuesday, in terms of significant movements from GBP-EUR or GBP-USD, with a third-cent and half-cent gains respectively, to be followed up with little to no major data to be published today means that the small gains made yesterday presents a perfect opportunity to take advantage of current levels whilst they […]

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Brexit dominates, pound weakening?

3 July, 2018

Paul Newfield

Manufacturing data took centre stage yesterday with key data releases from the UK, the US and a few of the major EU nations. Figures from Spain, France and the EU as a whole posted negatively, whilst those from the US, UK, Germany and Italy were as expected or better. Elsewhere, EU unemployment also remains unchanged […]

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Euro Spiked Significantly Overnight

2 July, 2018

Simon Eastman

Having seen the euro spike significantly overnight, the pound found itself at the very bottom of the technical range as trade started on Friday. to close the month, we only had UK GDP of significance to come, released at 9.30am. Fortunately for the ailing pound, this came out slightly better than forecasts at 0.2 percent […]

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Brexit concerns hit Sterling

29 June, 2018

Rob Bastin

The last week has seen increasing pressure mounting on the pound in the lead up to the EU summit that kicked off yesterday. A lack of progress in the Brexit trade talks is creating a growing concern that we could be facing a ‘no deal’ situation come the end of the year, something that could […]

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