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.

Brexit deal unpopular with all but EU

27 November, 2018

Paul Newfield

GBP-EUR gained somewhat yesterday morning, showing an upturn of around quarter of a cent. There were a number of speeches by ECB members (including Mario Draghi) throughout the day and some below par IFO data from Germany in the morning. The main topic of discussion from the ECB chief, surpirsingly was something ther than the […]

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Brexit Deal Given EU Go Ahead

26 November, 2018

Simon Eastman

As last week ended with a slight uptick for sterling, as a Brexit deal was agreed and optimism surrounded the upcoming EU summit, where it was expected EU leaders would accept the deal. From the UK’s point of view, this is neither here nor there, as we still have to get the deal through Parliament […]

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Sterling spikes ahead of EU summit

23 November, 2018

Rob Bastin

Yesterday was another day dominated by Brexit headlines, rumours and market speculation that continues the volatile times that we have been experiencing over the last week or so. After trading near its lowest levels of the last couple months in recent days, Sterling received a welcome boost on the news that Theresa May has now […]

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Spain may scupper Brexit deal

22 November, 2018

Matthew Boyle

Yesterday was another poor day for the Pound as ongoing Brexit uncertainty continues to weigh heavy on exchange rates. In what is a quiet week in the way of market data, sentiment continues to drive the market, and at present that is unfortunately against the Pound. In what is a minefield of uncertainty, yesterday saw […]

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Coup close

21 November, 2018

Nakhil Makra

Yesterday was another low key day in terms of any major data announcements, the markets still being driven by Brexit talks and whether or not Theresa May will still be in charge come the end of the week. All eyes have been on the 1922 committee making an announcement that they have received 48 letters […]

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Has Theresa May weathered the storm?

20 November, 2018

Joe Goodwin

Yesterday was a relatively quiet day in terms of Brexit developments in what is expected to be an intense week ahead. A number of ‘letters of no confidence’ have been submitted by MP’s. 24 of which are known to the public though there are likely more than the public is unaware of. Crucially the threshold […]

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GBPEUR sees biggest drop in 2 years as Brexit uncertainty plays on

19 November, 2018

Matthew Boyle

Last week was a turbulent one for the currency markets. Following news of cabinet support for Theresa Mays Brexit plan, we saw rates spike to a 6-month high against the Euro. However, these highs were quickly eroded as resignation letters flew in and it became quickly apparent it was very unlikely to make it through […]

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Brexit deal crisis devastates the Pound

16 November, 2018

Tom Arnold

As has been widely reported yesterday was a devastating day on the UK financial markets, with stocks and the Pound taking a significant dive following the fallout from Theresa May’s hugely unpopular draft Brexit deal. Initially, the news that Theresa May had persuaded her cabinet, during a 5-hour meeting on Wednesday afternoon, to back her […]

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Big Brexit Wednesday as a Draft Deal is agreed with Brussels

15 November, 2018

Annabel Gorrie

Will there really be a deal this week? No, but there could be next week when the EU leaders meet for a summit which is set to happen on Sunday 25th November. May has told her ministers, some of whom are very sceptical about her version of Brexit that while the agreement may not be […]

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24 Hours Later

14 November, 2018

Paul Newfield

Sterling-euro climbed over a cent and nearly a cent-and-a-half against the USD, in part helped by ecostats showing that average earnings in the UK had reached 3.2%, up from the previous 3.1%, as news broke that a draft Brexit agreement will be put to Theresa May’s cabinet today with the aim of winning more support […]

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