Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Good morning and welcome to our final daily newsletter of 2014. You will now have to wait until next year, or Friday, until you receive the next exciting instalment.
VIEW FULL ARTICLEYesterday the US dollar strengthened broadly as data showed that the U.S. economy grew faster than expected in the last quarter, despite the disappointing durable goods reports.
VIEW FULL ARTICLEFor today, some interest with the second round presidential vote in Greece. The first round saw 160 of the required 180 votes for the PM’s favoured candidate. This could well go to three rounds, and if the required number of votes is not secured snap elections will ensue.
VIEW FULL ARTICLEFriday showed that divergence in monetary policy between the ECB and Federal Reserve is alive and well, indeed it is a theme that is likely to continue in 2015. Two senior ECB officials expressed their concern about negative inflation and their determination to use all possible monetary tools, including quantitative...
VIEW FULL ARTICLEThe UK continues to bask in the glory of yesterday’s retail figures and today it is the turn of Pub Landlords to be on the receiving end of the British Public’s free-spending as today is the most alcoholic day of the year in the UK.
VIEW FULL ARTICLEGreat news from the UK today as retail sales grew at the fastest annual pace in 10 years. Whilst avid readers of the newsletters may have noted some cynicism regarding Black Friday, Manic Monday, Cyber Tuesday, Blue Thursday and Made-up Shopping Extravaganza Wednesday, it seems that they actually worked! Retail...
VIEW FULL ARTICLEAll focus is on the Russian Ruble at the moment as the move to increase interest rates by 6.5% to 17% has caused turmoil on the markets. Yesterday was the single worst day in the last 9 months for Russia as the weakening of the Ruble continued and it is...
VIEW FULL ARTICLEWe actually have some interesting developments overnight as Russia stole all the headlines with announcements out of the UK coming a distant second.
VIEW FULL ARTICLEAs expected, Abenomics will continue in Japan for a further four years as Prime Minister Abe’s Liberal Democratic Party won a ⅔ majority in the House of Representatives in Japan. This came as no surprise as there weren't really any viable alternatives and voting numbers were hugely disappointing with the turnout being around 35%.
VIEW FULL ARTICLEMark Carney yesterday announced a revolution in the way that the Bank of England will release data. No more will we have to suffer the drip-drip effect of interest rate decisions out one day and the minutes out 2 weeks later.
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