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 had a more subdued day on Tuesday

14 October, 2020

Simon Eastman

Sterling had a more subdued day on Tuesday, having made some decent gains across the board on Monday. The reason for the rally was Boris Johnson’s three-tier strategy for tackling the rising Covid numbers, which was less imposing than markets had been expecting.  Tuesday the rates fell back in most pairings as Brexit talks failed […]

Read more

Will we see big swings on Thursday or a muted market?

12 October, 2020

Grace Smyth

Last week saw the Pound remain relatively stable making no big movements either way. However, we enter a new week with the Pound seemingly more upbeat against the Euro and Dollar. As we are now closing in on the 15th of October date set by the Prime Minister for the EU deal talks to have […]

Read more

Cautious trading ahead of trade talks deadline

9 October, 2020

Ashley Finill

As we come into Friday we see out a fairly uneventful week on the currency market, investors continue to  trade cautiously as the 15th of October looms awaiting that all important update on whether the UK and the EU can come to an agreement on a trade deal or at least one in principle. With […]

Read more

COVID confusion and market uncertainty

7 October, 2020

Rob Bastin

Yesterday’s trading session saw a small drop for Sterling across the board. Having recovered 2-3% from Septembers lows, the pound is now struggling to break back above key resistance levels against the Euro and US Dollar in particular. A small spike was seen following the latest Construction PMI figures that came in strong at 56.8, […]

Read more

Ongoing Brexit negotiations with the upcoming European Summit

5 October, 2020

Tom Arnold

Last week the currency markets were closely monitoring the ongoing Brexit negotiations with the upcoming European Summit and self-imposed deadline of the 15th of October very firmly in everyone’s minds. Could the deadlock be broken? In short, no, but there does seem to be some optimism around, with various comments from both sides giving a […]

Read more

Volatile week it has been for sterling

2 October, 2020

Luke Dyson

What a volatile week it has been for sterling with GBP jumping multiple cents a day but only staying in its 3 cent range-bound market. The market still has no clear trend insight as Brexit negotiations draw closer to the deadline. we have seen some significant progress being made with the chances of a trade […]

Read more

Presidential debate in the US was extremely negatively reported

30 September, 2020

Tom Arnold

This week began with a certain amount of positivity for the Pound with a resumption of face to face Brexit negotiations and hints that maybe there could be some light at the end of the tunnel, as talk of softening of stances on key areas such as fishing rights, started to leak into the press. […]

Read more

Currency news this week

28 September, 2020

Maksim Tichonov

Unlike a few weeks ago, trade negotiations between the EU and UK are showing signs of small progress. The message given by the British press about the informal talks this week indicate a smaller chance of a no deal Brexit, due to some agreement regarding the Internal Market Bill (IMB). As we approach the 15th […]

Read more

Pound Struggles Continue

25 September, 2020

Simon Eastman

Sterling is still struggling to make any headway against its major pairings as Covid restrictions tighten and Brexit trade talks still prove fruitless. We did see the pound make some gains yesterday but these were muted and mainly down to weaker than expected German IFO business sentiment data in the morning, followed by rising jobless […]

Read more

Sterling holds its ground following new Covid-19 restrictions

23 September, 2020

Grace Smyth

We saw rates drop at the beginning of the week over fears of a new nationwide lockdown, and the possibility of negative interest rates in 2021. Now we are mid-week with news that infection rates are surging in the UK and the Prime Minister made fresh Covid-19 restrictions which has been warned could last 6 […]

Read more

Archive

  • Categories

  • No categories