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.

Market Report Extension or no deal?

23 October, 2019

Luke Dyson

After a busy weekend to start the week, it hasn’t begun to slow down just yet with multiple key votes throwing even more uncertainty into the mix late last night. To kick it off the MP’s voted on the EU withdrawal agreement. with it now being approved after labour MP’s have thrown Boris a lifeline […]

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Johnson continues to battle with MPs to get Brexit over the line

21 October, 2019

Simon Eastman

Johnson continues to battle with MPs to get Brexit over the line after failing to get backing on Saturday. For the first time in 37 years Parliament met to vote on the current deal but failed to pass it through with 322 to 306 voting against the PM. They want the withdrawal bill approved before […]

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We have a deal or do we?

18 October, 2019

Ashley Finill

What a difference a week can make as we have seen a significant shift in the currency market with Sterling making considerable gains against the major’s thanks to all things Brexit. Boris Johnson against all odd’s has managed to strike a deal with the EU for the UK’s departure from the European Union. Throughout the […]

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The last couple of days have lived up to the hype everyone gave this week

16 October, 2019

Tom Arnold

The last couple of days have lived up to the hype everyone gave this week, as being one of the likely most volatile of the whole of the three year Brexit process. Having experienced last week’s negativity as any hope of a deal was largely quashed by Boris and Angela Merkel’s seemingly big impasse during […]

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A lot of work remains to be done

14 October, 2019

Grace Smyth

It’s been an interesting week for the currency markets with new Brexit sentiment causing the rates to shift. Brexit talks gained momentum on Thursday as Boris Johnson and Leo Varadkar had reportedly made progress in their discussions, with Boris telling reporters “There is a joint feeling that there is a way forward, that we can […]

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Markets surge on increased deal possibilities

11 October, 2019

Sam Roberts

So another ‘fun-filled’ week in the saga that is Brexit. We have learned (some already knew) that Boris just wants to point his finger of blame at anyone who takes a stance against him. If he fails in his ‘no-deal’ attempt, he can blame them for being difficult and creating obstacles, if he succeeds in […]

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Boris has clear intentions of leaving the EU

9 October, 2019

Luke Dyson

It’s been a rough start to the week for sterling! we have seen over a cent in the downward movement for GBP/EUR and Cable since market open Sunday night resulting in 1-month lows for both. This is after the markets have taken in that Boris has clear intentions of leaving the EU with or without […]

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Risk remains high as Brexit remains the focus

7 October, 2019

Matthew Boyle

Last week saw the Pound start to slip following poor UK services data, as the uncertainty of Brexit continues to weigh heavy on exchange rates. Papers report this morning that Boris Johnson is in desperate last-minute talks to save his Brexit plan, but has been warned simply that EU leaders will not approve. Johnson is […]

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The expected October volatility really kicked into the Sterling markets yesterday

4 October, 2019

Rob Bastin

After a relatively quiet start to the month, the expected October volatility really kicked into the Sterling markets yesterday as speculation on Brexit outcomes by end of the month begin to play out. The day began with losses for the pound following figures for UK Services sector which showed a 6-month low contraction at 49.5. […]

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Tuesday saw sterling on the back foot again

2 October, 2019

Simon Eastman

Tuesday saw sterling on the back foot again, falling nearly a cent against the euro and similar against the US dollar, carrying on from the losses made over the last week. These losses have of course been down to Brexit talks, as some reports have circulated that the EU are not willing to talk or […]

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