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.
Queens Park Rangers (QPR) is a professional association football club based in West London. The Championship league team have been partnered with Currency UK who are there official global payment partner since 2018.
VIEW FULL ARTICLEGBPThe Pound drifted back down to pre-Bank holiday levels during Tuesday morning, failing to gain support from the markets re-opening. Weaker oil prices and weaker risk appetite globally contributed to the malaise. Brexit talks between the government and the Labour Party resumed and the Prime Minister met with the Chair...
VIEW FULL ARTICLEGBPLast Friday saw UK services PMI move back up into expansionary territory with 50.4 in April, as forecasted. New business had dipped but stronger upward pressure on prices should put it back on track and business sentiment hit a twelve-month high.
VIEW FULL ARTICLEGBPUK PMI construction data edged up to 50.5 in April; just into expansionary territory with the residential sector improving most but overall business confidence remains fragile. As expected the Bank of England (BoE) unanimously voted to hold interest rates at 0.75% and the accompanying statement concluded that domestic demand will...
VIEW FULL ARTICLEGBPPositive Brexit rhetoric again gave Sterling a positive start at market open and PMI manufacturing printed in line with forecasts with a decline to 53.1 in April from March’s 55.1. New orders growth slowed with export orders suffering a notable drop at less stockpiling generally, business optimism rose to a...
VIEW FULL ARTICLEGBPSpeculation that the government/Labour Party talks were making progress gave some support to the Pound, but as yet nothing of substance has been declared. There was also some comment that talks will need to conclude by the middle of next week with the government under increasing pressure to act to...
VIEW FULL ARTICLEGBPThe Pound dipped lower yesterday morning following comments from a government spokesman that Brexit talks with the Labour Party had yet to yield a breakthrough. Sterling dropped to near 1.2900 on the Dollar before edging back up and the Euro strengthened slightly to just below 1.1560.
VIEW FULL ARTICLEGBPThe UK CBI industrial orders index declined to a six-month low of -5 for April from 1 previously and below consensus forecasts with companies expecting little change in output over the next few months. There was a recovery in mortgage lending which suggested resilience in the housing sector and the...
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