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.
GBPUK PMI construction for July strengthened to 55.8 up from 53.1 in June, with notable strength in the residential sector contributing to beating the forecasts. But nobody noticed this.
VIEW FULL ARTICLEToday's market commentary is a UK special edition. At 12:30 BST, we'll be watching the Bank of England's Governor Mark Carney speaking, and word in the markets is that he may announce an interest rate hike - the second of its kind in a decade!
VIEW FULL ARTICLEGBPUK bond yields edged lower throughout yesterday and Sterling failed to make headway. Foreign Secretary Jeremy Hunt reiterated his warning that the dangers of a no-deal Brexit were increasing by the day. Irish Prime Minister Varadkar was more hopeful, expectant that a deal would be made and that there was...
VIEW FULL ARTICLEGBPMortgage approvals and consumer lending data both modestly beat consensus forecasts, suggesting solid consumer demand at the end of the second quarter. Consumer confidence dipped in July and the Lloyds business confidence indicator remained unchanged.
VIEW FULL ARTICLECurrency UK has officially been named Global Payments Partner of Queens Park Rangers Football Club (QPR). The alignment of our values and our mutual commitment to supporting the local community has resulted in a partnership that promises to be meaningful and long-lasting.
VIEW FULL ARTICLEGBPIn light of an empty economic data docket and a dearth of domestic developments, Sterling struggled throughout Friday, with a hangover created by EU Chief negotiator Barnier, effectively rejecting UK trade proposals on Thursday afternoon. The Pound also struggled under the weight of commercial month-end positioning and dipped to test...
VIEW FULL ARTICLEGBPThe Pound failed to hold above 1.3200 against the Dollar yesterday and initially drifted lower as the US currency regained ground. Euroscepticism in response to Brexit proposals hampered Sterling sentiment. Fresh Brexit concerns arose as EU Chief Negotiator Michel Barnier adopted a negative tone and stated that the UK trade...
VIEW FULL ARTICLEGBPUK mortgage lending printed 40,500 in June, which just beat forecasts and is the strongest reading for 8 months. CBI retail sales also beat consensus forecasts as retailers continued to report that recent weather was shining on the high street, although sales are expected to fade in August.
VIEW FULL ARTICLEGBPThe Pound hovered just below 1.3080 against the Dollar as markets opened yesterday.
VIEW FULL ARTICLEGBPSterling stumbled against the US Dollar following new Foreign Secretary Jeremy Hunt’s comments that there is a very real risk of a Brexit ‘no deal’ by accident. Theresa May further reinforced his statement and said that “we are prepared for a no-deal Brexit”.
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