FX News
Looking to gain that extra insight into the FX markets? Every morning our team hunts down the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
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.
GBP Headline UK retail sales rose to 0.3% for October, fractionally above forecast, and underlying sales growth of 0.1% also just beat expectations. The data eventually stimulated limited relief to Sterling but the annualised figure revealed a decline of 0.3% and annual growth for the latest three months was held...
VIEW FULL ARTICLEPosted in Daily Market News on Nov 17 2017 by Rob Affleck
It’s that time of year - Winter means that Christmas is approaching and celebrations are underway, but along with the cheer, the festive season also brings cold, wet weather and the flu. With the clocks turning back, the days are shorter and may seem bleak.
VIEW FULL ARTICLEPosted in Expat Resources on Nov 16 2017 by Quarina Sultana
Posted in Daily Market News on Nov 16 2017 by Rob Affleck
Posted in Daily Market News on Nov 15 2017 by Rob Affleck
GBP Speculation over a leadership challenge to Theresa May and ongoing political uncertainty kept the Pound under pressure yesterday. Political jitters eased slightly during the day despite reports of a multilateral move to derail the EU Withdrawal Bill where parliamentary debate continues today.
VIEW FULL ARTICLEPosted in Daily Market News on Nov 14 2017 by Rob Affleck
GBP Political uncertainty is overshadowing stronger-than-usual industrial production and trade balance data which was released on Friday. Similarly, weakness in the treasury yield is being ignored, which, in turn, has been detrimental to the Pound.
VIEW FULL ARTICLEPosted in Daily Market News on Nov 13 2017 by Rob Affleck
GBP Sterling sentiment was again undermined by political uncertainty after two ministerial resignations and Boris Johnson under pressure to resign. Perceived weakness in Theresa May’s leadership will only lead to expectations that Brexit negotiations will be undermined.
VIEW FULL ARTICLEPosted in Daily Market News on Nov 10 2017 by Rob Affleck
We’re going to go out on a limb here and say that we think most people aren’t fully aware of how the fx industry works. People may hear things about a ‘strong euro’ or ‘weak pound’ on the news, but their only personal experience with foreign exchange may be buying...
VIEW FULL ARTICLEPosted in Business Resources on Nov 9 2017 by Todd Bishop
GBP Sterling dipped to a weaker level during Wednesday’s early morning trading session with further concerns surrounding government uncertainty. The Bank of England’s (BoE) agents report indicated that manufacturing growth has strengthened while overall activity was seen to be steady.
VIEW FULL ARTICLEPosted in Daily Market News on Nov 9 2017 by Rob Affleck
GBP UK data reports this week are limited, with house prices and IP mainly, but the Halifax house price data reported a marginally stronger-than-expected 0.3% increase in prices for October, and a 4.5% rise in the year, taking price appreciation back to the levels seen around the start of the year.
VIEW FULL ARTICLEPosted in Daily Market News on Nov 8 2017 by Rob Affleck
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