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.
GBP The Pound benefitted from healthy support provided by expectations that the UK would make a breakthrough in Brexit negotiations with its increased financial settlement offer. The EU parliament reiterated that not enough progress had been made, but the market shrugged it off.
VIEW FULL ARTICLEGBP The Pound experienced a volatile session yesterday with GBPUSD taking back intra-day losses after reports that the UK and EU have reached an agreement on the Brexit bill. It is rumoured the UK increased the offer of a "divorce bill", which could be worth up to EUR 55bn (currently £48.5bn).
VIEW FULL ARTICLEGBP Sterling held steady yesterday with support initially coming from news Big Pharma is making major inward investment. The UK government stated that it was committed to avoiding any physical barrier at the Northern Ireland border, although the issue can only really be solved during the trade talk stage of...
VIEW FULL ARTICLEOur world is more open and connected than ever before, and with more people than ever choosing to spread their wings and experience a new culture, a new climate, and a new way of life – joining the ranks of the estimated 57 million worldwide expats is a tempting prospect.
VIEW FULL ARTICLEGBP Q3 UK GDP showed growth of 0.4% and annual growth remained at 1.5%. The data tended to confirm expectations of subdued growth following significant downward revisions in Wednesday’s Budget forecasts. Although underlying Sterling sentiment was tainted, there was little immediate Sterling impact.
VIEW FULL ARTICLEGBP The Office of Budget Responsibility (OBR) cut UK GDP forecasts. The 2017 growth forecast was slashed to 1.5% from 2.0% previously, and the 2018 forecast cut to 1.4% from 1.6% previously. The report was particularly pessimistic surrounding UK productivity and annual GDP growth is not expected to reach 2%...
VIEW FULL ARTICLEGBP UK government borrowing rose to £8bn for October from £7.5bn the previous year, although the shortfall for the first seven months of 2017/18 declined to £38.5bn from £42.6bn.
VIEW FULL ARTICLEGBP Sterling gained support from positivity surrounding Brexit talks after speculation increased that the UK government would increase its settlement offer. Sterling was also gaining support from a relative lack of confidence in other major currencies with the Euro and Dollar both hindered by political uncertainties.
VIEW FULL ARTICLEGBP In the absence of any UK economic data, the Pound was influenced primarily by global trends and political developments. EU Council President Tusk stated that the UK had not made enough progress to move Brexit talks forward and that it needs to happen at the beginning of December in...
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