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
Inflation takes the helm
15 April 2014

A lacklustre day for Monday saw the UK left without any major data releases, we did see data from Rightmove announcing that house prices were once again on the increase. Up an astonishing 2.6% in April bringing the increase up to 7.3 % yearly. The positive news gave optimism for traders on the currency markets hoping to make small gains on the major currency pairs. 

The Eurozone steered the headline figures alongside the US. Eurozone industrial production grew, up by 1.7% in the pervious month. Slightly better than predicted but still a slump on what was meant to support the Euro as it continues to remain under increased pressure dropping from its recent peaks. The US markets opened up to a catch up game with its European partners; firstly US retail sales were posted and much stronger than predicted. Great news to start of the day of trading across the pond and showing that improvements of over 1.1% in March from 0.7% is a significant confidence for traders holding assets with in the US Dollar.

Rolling up our selves for todays trading, we have inflation take up the helm with someone traders predicting a headline rate of almost 1.6% for the UK that would be a drop from last months 1.7%. Instantly putting pressure on Sterling if realised how much low inflation has always historically had a negative impact on the pound. Early afternoon we expect US inflation to be improved on the last month, which could hold the greenback a chance to recover lost ground against the GBP.

Bookmark and Share