Thank you, you should receieve a reply shortly.
Submit your details above and we will contact you with a competitive exchange rate from an FCA-regulated specialist
Submit
  • Pound up after sterling May speech

    23 January 2017

    It was an exciting and action-packed last week for investors and traders alike, not only here in the UK but also across the pond.

  • Attention turns to the Bank of England today

    03 November 2016

    Yesterday was a relatively quiet day in the way of data, the morning posted a positive October figure of 53.5 for EUR Markit Manufacturing PMI...

  • Euro rates through 2015

    02 December 2015

    The year of 2015 has been extremely volatile for the sterling - euro currency pair exchange rates. At the start of the year, in January, one Pound was worth just over 1.27 Euros - 14 cents lower than now as we head into the last month of the year.

Currency Market News

Our blog is below, to help you understand what's moving currency rates and affecting the cost of your international payments. For some friendly guidance on your own transactions, either for your business or yourself, simply fill in the form above and an FCA-regulated currency broker will be in touch to assist you, without any cost or obligation.

Back to News
Battle of the Euro against key data releases
18 March 2014

This week has already been a flying start for the currency markets; Sterling seems under its own steam to achieve current levels ahead of the Bank of England minutes and unemployment rates, which has increasingly become analyst’s favourites to watch as a game change of interest rates in 2015. 


Yesterday gave us some data, which has effects on their respective currency. The EU CPI came in with a 0.3% growth in February (MoM) up from a belated 1.1% to the previous month and adding to a staggering 0.7% on inflation. However, European Central Bank President Mario Draghi still remains heavily upbeat about inflation despite a growing concern within the Eurozone that deflation could become a reality rather soon. Look backing back a few months ago there had always been so much scepticism to the reality of further interest rate cuts. But this news will be welcomed with open arms. 


As we start today on the currency markets we await the battle of the EUR/USD at 10.00am GMT with trade balance data and economic sentiment figures for the Euro zone. Following hot on the back of these key data releases at 12.30pm we see US CPI figures due out which is expected to rein in at a 0.4% lower at 1.2% growth on a year on year basis.


The main anticipation in the UK for data will be held to Wednesday. Bank of England governor Mark Carney will take centre stage later on today giving a talk at 5.45pm ahead of the release of the bank’s usual minutes release. The ears of the market will be tuned to see what the governor will give away in regards to forward guidance on the recovery of the UK and the Bank’s proposals in the future to continue a forward thinking plan. Don’t forget you can always send international payments simply and fast by speaking with one of our dedicated currency brokers.

Bookmark and Share