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.
Coronavirus continues to grip the UK
21 September, 2020
Ashley Finill
This week could be a pivotal week for the UK with the Coronavirus continuing to take it’s grip on the nation with the number of cases rising at an alarming rate. The government and its scientific advisors are set to meet this week to discuss another potential lockdown. Should another lockdown be put in place […]
Read moreInterest Rate Warning
18 September, 2020
Matthew Boyle
Last week was a particularly a turbulent one for exchange rates, with GBP suffering its biggest losses since March. This week has also been a volatile one, with unpredictability seemingly increasing by the day. Yesterday saw the Pound drop sharply across the board following an announcement by the Bank of England stating that it would […]
Read moreTroubles continue for Pound
16 September, 2020
Rob Bastin
Last week Sterling suffered its worse week since the market crash back in March, as investors becomes increasingly concerned of the prospect of a ‘no deal’ Brexit. So far this week a small technical bounce has been seen however any gains have been very limited. Latest unemployment data for the UK played a part in […]
Read moreSterling Moves Lower
14 September, 2020
Luke Dyson
Following on from last week we saw sterling have a hard time against the euro and dollar with just over a four cent drop in a couple of days. This was a result of Boris’s new five week Brexit time line to the 15th Oct to get a post Brexit trade deal agreed.This agreement must […]
Read moreBrexit Deadline
7 September, 2020
Tom Arnold
The week ahead is a busy one on the currency markets, with plenty of critical data due out across many of the world major economic zones. We will see GDP figures from Europe and the UK, Interest Rate decisions and policy statements from Europe and Canada, and various other data releases including UK Industrial and […]
Read moreThe Pound last week hit its lowest level against the Euro for over 10 years
23 March, 2020
Robin Haynes
The Pound last week hit its lowest level against the Euro for over 10 years, and against the US Dollar since 1985. A combination of the devastating economic impact of Coronavirus-based social distancing measures & business shutdowns, and the under-reported effect on Brexit trade talks (which are not happening) mean that the UK currency has […]
Read moreBoE Rate cut sees Pound claw back after Flash crash
20 March, 2020
Matthew Boyle
Yesterdays announcement by the Bank of England that Uk interest rates would be cut to 0.1% offered a small amount of respite in what has been a torrid few weeks for the currency. We have seen the pound lose significant ground across the board but significantly 13 cents against the Euro, and 15 cents against […]
Read moreLast week compounded sterling weakness as we saw traders dump sterling daily
16 March, 2020
Simon Eastman
The last week compounded sterling weakness as we saw traders dump sterling daily, as Coronavirus took hold. We are ever-changing on advice from the government as the virus unfolds but one thing that isn’t changing is the effect this pandemic is having on the economy and the pound. We have seen the Bank of England […]
Read moreSterling in freefall with no respite in sight
13 March, 2020
Ashley Finill
This week we have seen another nightmare week for sterling as the Pound has lost just over 3 cents on the majors due to the current economic crisis due to the coronavirus spreading across the globe at an alarming rate. All economies throughout the world are being hit damaging stocks and shares with Sterling taking […]
Read moreUK Budget 2020
11 March, 2020
Grace Rae
So far this week we have seen the Pound sitting at the lower end of its recent trading range with increasing fears it could weaken further amidst the growing concerns over coronavirus, the potential of more economic slowdown and the ongoing trade negotiations with the EU. All areas point to more added pressure on our currency. […]
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New Articles
- Brexit deal to be done, or going, going, gone? 25 November, 2020
- Sterling starts the week down from the highs of last week 16 November, 2020
- Votes are in – albeit still being counted, will Donald trump Joe? 4 November, 2020
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