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
Fears of recession fall back sterling rides higher
01 March 2012

Fears of recession fall back, sterling rides higher

The Pound has continued to climb, as the manufacturing sector expanded again in February. Although not as much as expected, the increase shows that the UK is slowly heading away from a double-dip recession danger zone. Monday's services sector data, which accounts for a larger portion of UK output will be more revealing.

In contrast, the Eurozone unemployment level has hit a new record high today, German manufacturing growth has slowed, and Spain's factory decline has put the country on course for a new recession.

Not surprisingly, Euro exchange rates have improved again, with the single currency cheaper after the data releases.

In the US and Canada today, mixed data has held exchange rates steady.

Bookmark and Share