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 to remain under pressure during Tory leadership battle

30 May, 2019

Grace Rae

With the ongoing Brexit saga and now a Tory leadership battle thrown into the mix, the overall outlook for the Pound in recent weeks and likely the next weeks/months to come is a bleak one. Our regular readers will know by now that political uncertainty isn’t favourable to the Pound and as Sterling continues to […]

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Tip of the Iceberg

29 May, 2019

Tom Arnold

Up until a couple of weeks ago Sterling had been enjoying a period of relative calm with very little news of serious note and no great surprises on the ecostat front. All of that changed quite suddenly when Brexit jumped back to the fore, with the announcement of Prime Minister Theresa May’s “bold new deal”, […]

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Fright Night

28 May, 2019

Sam Roberts

There are always lessons to be learned in everything that we do. Some lessons are clearer than others. It just depends on how we choose to learn them. For example, Theresa May tried to ‘please all of the people, some of the time’ or ‘some of the people, all of the time’. Turns out she […]

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Political uncertainty a heavy weight

24 May, 2019

Rob Bastin

As Theresa May clings onto her position with her fingernails, Sterling exchange rates seem to be doing very much the same. After 15 consecutive days off losses for the pound, yesterday saw the first (very small) gains for sterling exchange rates. This is very unlikely a sign of further gains to come, but instead, more […]

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Mayday, Mayday, Mayday

23 May, 2019

Matthew Boyle

Yesterday saw another day of losses for the Pound as we saw increasing calls for Theresa May to resign following the huge backlash against her revised Brexit plan. After her announcement Wednesday it seemed she shot herself in the foot, as her attempt to appease Labour failed, and at the same time, she managed to […]

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Theresa, May this be your last chance?

22 May, 2019

Bradly Ronan

Mrs May said in her speech yesterday at 16:00 that this will be the last chance to leave with an arrangement in place. If this fails then we risk the chance of a no deal, general election or a second referendum. The new bill will involve some very Labour sided bolt-ons to her previous deal […]

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Muted day on the markets – Pound dropping

21 May, 2019

Nakhil Mahra

Yesterday was a muted day on the markets, with no data out with everyone seemingly waiting for Thursday’s elections. With all predictions seeing a heavy defeat for the Tories and Labour party, putting further pressure on the PM and the leader of the opposition. A heavy defeat will certainly mean any hope that Mrs May […]

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GBP slides to a 4-month low

20 May, 2019

Annabel Gorrie

Talks between the Labour and Conservative parties ended without a deal again on Friday which saw the GBP slide to a 4-month low against the USD. Last week alone we saw GBP drop 2% against the USD which is its worst week of trading in a year and GBP/EUR closed at its lowest trading level […]

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Sterling hits monthly lows

17 May, 2019

Grace Rae

Yesterday we saw the Pound take a further dip, taking it to the lowest rates we have seen since February against the Euro and Dollar. It has come to light that cross-party talks are not progressing enough or leading to any resolution despite claims that previous discussions between the Prime Minister and Labour leaders have been […]

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Brexit or Little Big Horn

16 May, 2019

Samuel Roberts

So once again Theresa May is putting another deal to the house. Make no mistake, this is Theresa Mays’ last stand.  If this deal is voted down again, Theresa May will have few options left but to leave number 10 for good but where does that leave Britain and Brexit? Well Theresa May hopes that […]

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