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Find out how the major currencies have been performing and what movement we could see in the days ahead with our weekly exchange rate update. EUR – Euro Rocked by ECB’s Forward Guidance The Euro traded in a wide range this week, fluctuating through the first half of the week…


The Euro fell against both the US Dollar and Pound Sterling during the course of yesterday’s ECB June monetary policy press conference delivered by Bank President Christine Lagarde. The European Central Bank initially sent a clear message of intent in which it signalled a 25 basis point rate hike in…


Currency UK has partnered with Novum Økonomi AS, a Norwegian authorised Accounting Office providing a wide range of services such as business consultancy, accounting and HR. The partnership will allow Currency UK to support Novum’s clients across Europe by providing international payment and risk management solutions. For over 20 years,…


The Investor Visa was a route for UK citizenship through investment in the British economy. It was suddenly closed for security reasons, without leaving a direct alternative option for cut-off applicants. The Innovator Visa offers an alternative business-related route. An announcement revealed that provisions for investment will become part of…


UK Rising inflation continues to dominate the headlines. Inflation figures are expected to rise over 10%, and Bank of England Chief Economist – Huw Pill commented that the UK’s Central Bank faced its most difficult challenge in 25 years, although he also commented that monetary policy tightening still had a…


There was somewhat of a mixed tone to proceedings on financial markets yesterday with the main release of note from a sparse calendar yesterday being the flash reading of Eurozone inflation. The headline rate rose unexpectedly from 5% to a new record high of 5.1% (expectations were for a 4.4%…


According to Swiss investment bank Credit Suisse, pound sterling has already breached the forecasted target against the Euro, leading to a re-adjustment of targets whilst affirming their bullish stance on the UK currency against its continental rival in 2022. The pound is the top performing major currency of the new…