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.
It was a good day for Sterling yesterday as it reached a 2 week high against the Euro. This was due to a number of factors, with more bad news out of the Eurozone.
VIEW FULL ARTICLEIt was a bit of a slow news day as yesterday’s lack of data hasn’t given the markets too much to grab onto. With speculation that the ECB could be moving closer to Quantitative Easing, this is only likely to happen if we see the Eurozone sinking into deflation.
VIEW FULL ARTICLEThe markets are following a pretty simple formula at the moment; Euro = negative, US Dollar = positive. Where does the Pound sit in all this? It’s actually pretty irrelevant at the moment.
VIEW FULL ARTICLEAfter the usual wet and windy Bank Holiday weekend in the UK, it’s back to work today and lots for the markets to digest after the Jackson Hole Conference over the weekend and yesterday’s Scotland Independence Debate.
VIEW FULL ARTICLEAs another week of Dollar gains across the board and the Pound weakens for the 7th consecutive week in its longest losing (or losingest, if you’re American) streak since September 2008, all eyes are on happenings at Jackson Hole.
VIEW FULL ARTICLEIn a bit of a surprise move yesterday, we saw the MPC reveal that 2 people had voted in favour of a rate increase for the first time in 3 years.
VIEW FULL ARTICLEExpect another day of mixed messages on the markets today as the focus is on the UK’s Monetary Policy Committee and the US’ Federal Reserve.
VIEW FULL ARTICLEThose of you who take the time to read these update on a daily basis will be aware that the FX markets are full of various intricacies and nuances which lead it to be rather contradictory at the best of times. Today is one such occasion.
VIEW FULL ARTICLESunday is normally a day of rest but yesterday’s interview with Mark Carney in The Sunday Times has seen Sterling take a little positive jump after weeks of negativity.
VIEW FULL ARTICLEAs the week draws to a close and we have seen another 5 days of losses for British Pound Sterling, there may be a little glimmer of light today.
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