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.
Yesterday saw more jostling in the markets principally, of course, from the continuing situation in Greece. The GBPEUR eased back during the day after posting highs earlier the night before, just peaking over 1.4300 before heading back down again markedly.
VIEW FULL ARTICLELate on Friday night, Greek Prime Minister Alexis Tsipras surprised the markets by announcing a referendum on the Greek bailout negotiations. In a speech that was broadcast live on Greek television, he announced that the referendum would be held on July 5th.
VIEW FULL ARTICLEAt the beginning of the week, hopes were high that we were close to an accord between Greece and its creditors. As the week draws to a close, and despite constant summits and meetings, we still do not appear to be any closer.
VIEW FULL ARTICLEYesterday’s newsletter was full of optimism that we may have seen a breakthrough between Greece and the Eurogroup, but it wasn’t to be. The Eurozone and IMF rejected the latest Greek proposal and are demanding several reforms which would negate Tsipras’ pre-election promises.
VIEW FULL ARTICLEThe markets continue to move and we are still seeing Sterling profiting from the uncertainty around other currencies. After a couple of days of US Dollar profit-taking and the Dollar being used as a safe haven, we have seen Cable (GBPUSD) start to rise a bit again.
VIEW FULL ARTICLESo, it looks like we may be arriving at some sort of conclusion with the Greek and Eurogroup talks. Markets swung wildly on the back of rumours yesterday and at the end of the day we saw Sterling start climbing.
VIEW FULL ARTICLEWe seem to have been here before but this week really is incredibly significant for the future of Greece and the Eurozone. The 30th June deadline for repayment of the IMF loan is getting ever closer and today an emergency session of EU leaders is being held in Brussels to...
VIEW FULL ARTICLEAll eyes are on Greece as talks yesterday failed to reach any sort of breakthrough at a Eurogroup meeting. We have until the 30th June for there to be a compromise and as time runs out yet again we are looking for another 11th hour compromise.
VIEW FULL ARTICLEIt was another good day for Sterling yesterday as we saw it rise for an 8th consecutive day yesterday and make gains on all of the major currencies with the exception of the Norwegian Kroner.
VIEW FULL ARTICLE