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
Inflations easter treat
17 April 2014

What did yesterday’s trading bring us on the currency markets, well it brought us some resumed confidence with UK employment was up and a key sign of a healthy recovery for the economy. The Bank of England who has backtracked away from the target of 7% having being reached the focus has been shifted and quietened on Thread-needle Street. Sterling still positive even though the markets did not really react, adding the positive of average earnings figure, which came out at 1.7% missing the expected of a 0.1% still in line with the recent inflation figures, which are at the best rate for six years.


The cost of living is now in line with wages and inflation showed that people are now a little better of in the pockets. Great news for sterling as it made gains across many of the major currencies. Against the Euro a cent was gained and almost a whole dollar was gained for the GBP.


Over in Canada, the RBC held rates amidst inflation concerns, which led to some weakening of the Loonie. Adding this to the Pound’s early gains, which saw 1.5% on the GBP/CAD


As we close this short trading week ready for the Easter bank holiday weekend, we may see Sterling gains disappear over the days, as some markets stay open.

Bookmark and Share