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.
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VIEW FULL ARTICLEGBP The latest UK consumer lending data was weaker than expected with a net increase of £4.8bn for July from £5.5bn the previous month with consumer credit growth at the slowest pace for 15 months. The data maintained expectations of a weaker trend in consumer spending amid Bank of England...
VIEW FULL ARTICLEGBP The Pound clocked a high of 1.2979 yesterday against the US Dollar before ending the day on a weak note around the 1.2916 level. Sterling is higher this morning against the Euro, pushing back above the 1.08 level from lows around 1.0745 seen yesterday.
VIEW FULL ARTICLEGBP The latest round of Brexit negotiations started yesterday with some further concerns surrounding the difficult talks. There was, however, evidence of a slight shift in Sterling sentiment following the revised Labour Party policy which called for a transitional period in both the single market and customs union following the...
VIEW FULL ARTICLEGBP UK second-quarter GDP growth was confirmed at 0.3% in the revised reading which was in line with consensus forecasts. A slight upward revision to production was offset by a downward revision to the construction sector with no change in services.
VIEW FULL ARTICLEGBP The Pound hit an eight-year low against the Euro at 1.0829, which was a fall of 0.57% on the day.
VIEW FULL ARTICLEGBP UK public sector spending figures beat forecasts for July, but the Pound is inching lower against the Euro as markets remain concerned by the fact borrowing continues to outpace the previous financial year.
VIEW FULL ARTICLEGBP Yesterday, the UK issued a fresh series of positioning papers on Brexit and Prime Minister May was optimistic that sufficient progress would be made by October for the next phase of the talks to take place.
VIEW FULL ARTICLEUSD Political fallout after the unrest in Charlottesville and the cabinet reshuffling last week instilled doubt in investors who priced in concerns that President Trump was able to impose his infrastructure plans and/or tax reforms (this year).
VIEW FULL ARTICLEGBP The latest UK retail sales data was slightly stronger than expected with a 0.3% increase in volume for July after a downwardly-revised 0.3% gain the previous month. The small decline in non-food sales for the month was offset by a strong recovery in food sales.
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