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
  • 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
ECB decision expected today
03 April 2014


We set sail today with the monthly European Central Bank decision. In line with most of the ECB decisions the single currency has held interest rates at a unique low of 0.25% throughout the Eurozone crisis. Lower inflation from March, which has been below than expected for the ECB cut off of 1% for six months, may push the ECB president Mario Draghi to announce a further buy back of bond buying. The outlook for the decision remains uncertain; any such activity would likely to weaken the single currency and better exchange rates improving if you are looking to make Euro payments.

Mario Draghi has communicated that is willing to take bold action to push off the threat of deflation.  Over the hill, the prospect of no action being taken is that we could see the euro gain value as the market absorbs interest rates, leaving them as they are. As always with the ECB Presidents speeches after the decision, the markets tend to move and cause euro volatility.

The Bank of England rate decision is due next week and far from Thread Needle Street we see little data in terms of some US manufacturing figures. Similar across the broad the Eurozone sees no change with data and likely to see all eyes focused on the single currency. 

Keep up to date with all the latest infomation on the currency markets with our friends at Currency Index to save on your overseas transactions.

Bookmark and Share