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 supposedly the last day of the wettest winter for 250 years. On the horizon today, we have a speech from Mark Carney and we await with interest whether he will cover any monetary policy issues.
VIEW FULL ARTICLEToday the markets will be pretty much on hold, waiting for Fed Chair Janet Yellen to testify before the Senate as the U.S. issues data on jobless claims and durable goods orders. Things are still very much expected to remain along the same line as Yellen said this month the...
VIEW FULL ARTICLEThere were more reports coming out on Monday that the ECB would consider introducing negative deposit rates at the upcoming monetary policy meeting. However, this is not definitely going to happen. Yet again, a member of the ECB, this time, the Governor of the Bank of Italy, intimated that the...
VIEW FULL ARTICLEGood morning and welcome to a busy week on the data front. There’s some US fed manufacturing reports out today and also German IFO and Eurozone CPI numbers. The market will also pay close attention to what Fed Chair Janet Yellen has to say in her testimony to the US...
VIEW FULL ARTICLEToday, we have more UK data being released which could cap off what has been a pretty good week so far. UK retail sales are expected to have declined by 1% in January. However if you take into account the huge rise in December then this isn't too bad and...
VIEW FULL ARTICLEYesterday’s unexpected rise of the unemployment rate in the UK to 7.2 per cent put GBP on the back foot. However, given the strong pace of British economic recovery this may be seen as just being a temporary blip, and the long-expected 7.0% figure isn’t thought to be too far away.
VIEW FULL ARTICLEBank of England minutes were released at 9:30 GMT and as expected, showed a unanimous vote of 9-0 for continued low interest rates. We also had figures released for UK jobless claims which fell by 27,600 which was better than the expected 20,000.
VIEW FULL ARTICLEWith the US closed yesterday GBP took the opportunity to spike to 1.68 before falling back to the 1.6700 mark. Similarly with a quiet day on the data front GBP also pushed well into the 1.22’s versus EUR before falling back below 1.22 this morning.
VIEW FULL ARTICLEGood morning, as the UK embraces half-term and the US commemorates Washington’s birthday today we are expecting a relatively day with very little data being released in the UK or the Eurozone. Any news from Europe, is likely to come from Eurogroup and EuroFin meetings and the standard discussions about...
VIEW FULL ARTICLEGood morning and Happy Valentine’s Day to one and all. Starting with the least surprising news of the day, UK house prices rose to a record level in January courtesy of an increase in first time buyers and an in movement across the UK and not just London.
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