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.

UK manufacturing shrinks as Bank of England issues stark warning

1 December, 2011

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This morning’s UK manufacturing figures showed the fastest rate of decline for 18 months, as the Bank of England Governor warns of possible ‘extraordinarily serious’ climate ahead…

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Central banks act to ease global credit – Euro rates fall, US Dollar cheaper

30 November, 2011

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The world’s main central banks, in the UK, USA, Canada, Japan, and Europe, have made mutual agreements to provide credit to each other, in a move designed to ease strains in world markets…

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Exchange rate update for Tuesday 29th

29 November, 2011

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Exchange rates continue to show volatility as the UK autumn statement, Eurozone debt auctions, and US financial news all dominate the headlines…

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This week’s currency news 28 Nov 2011

28 November, 2011

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This week’s focus for the Pound is likely to be tomorrow’s autumn statement from Chancellor Osborne. There is still a full week of data releases scheduled, all with the potential to move exchange rates, as follows…

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Euro cheaper as Italian debt rates rise

25 November, 2011

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Italy paid a record 6.5% to borrow over 6 months at a bond auction this morning – the highest yield since the country joined the Euro, which has sent the single currency down…

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UK GDP unchanged, as German bond sale turns sour

24 November, 2011

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This morning’s UK GDP figures were not revised from last month’s reading – avoiding a potential banana skin for the Pound. Meanwhile in Germany a sale of government bonds resulted in half not being sold, as Eurozone worries spread further…

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Bank of England unanimous on QE for November, Pound goes up

23 November, 2011

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This morning’s Bank of England minutes showed that all 9 committee members voted for ‘no extension’ to the existing Quantitative Easing programme in November…

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Public borrowing falls but sterling drifts lower

22 November, 2011

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This morning’s UK public borrowing figures were better than expected, but the Pound has failed to gain any ground today…

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This week’s currency news 566

21 November, 2011

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As we move towards the end of the month, there is less scheduled important data this week. Of course the Eurozone story continues to dominate financial markets and currencies alike…

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Unemployment up to 2.62m

16 November, 2011

CurrencyIndex

This morning’s UK unemployment figures were slightly worse than expected, if not disastrous for the UK and the Pound…

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