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.
A second tight trading day in a row saw the GBP gently lose ground against both the EUR and the USD again. As we open up this morning the Pound has lost the 1.5300 figure against the US Dollar and continues to head downwards and the same is true for...
VIEW FULL ARTICLEYesterday’s trading saw a sell off of the GBP against the EUR as for a while yesterday it appeared as if the Greeks were drafting a deal with their creditors in an agreement that would provide much needed relief in servicing their debt.
VIEW FULL ARTICLEYesterday was a fairly quiet day in trading for the GBP versus the EUR and the USD. Both currency pairs were range bound for the course of the day with only minor data releases to provide any further direction to the underlying sentiment that has had a more significant impact...
VIEW FULL ARTICLEThe Pound has maintained it’s strength against the Euro during the UK public holiday yesterday to push slightly higher than the peaks reached at the close of last week. Against the US Dollar, however, the Pound has continued to cede ground this morning in an extension of the trends we...
VIEW FULL ARTICLEYesterday was dominated by the UK retail sales, which were stronger than expected, with the trend just shy of 5%. In theory this would add weight to the argument for an interest rate rise. Despite this, some economists have pushed back their forecast for the first rate hike from Q4...
VIEW FULL ARTICLEYesterday’s Monetary Policy Committee minutes were delivered and there is some subtext to the overall tone that is certainly worth examining. The vote to hold interest rates steady at 0.5% was unanimous. However, the minutes did reflect that two of the nine policymakers stayed ‘finely balanced’ on their decision to...
VIEW FULL ARTICLEToday we have minutes from the Bank of England's last monetary policy committee (MPC) meeting and the same from the Federal Open market Committee in the US. The markets will be analysing the texts for clues on interest rate directions in the respective countries.
VIEW FULL ARTICLE