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
UK is back in recession
25 April 2012

The Pound took a hit this morning as official figures show that the UK economy is now back in recession, having posted a 0.2pc contraction in the first quarter of 2012.

Expectations of a modest 0.1pc growth were dashed by figures which PM Cameron called "very, very disappointing".

Sterling recovered in afternoon trading but could be in for a fall if the Bank of England decides to extend its Quantitative Easing programme at its meeting in easly May to counter the prospect of a drawn out economic contraction.

The figure was more shocking given recent positive economic data which has pointed to a recovery in the UK and therefore boosted the Pound, which now looks susceptible to falling back in the coming days.

Bookmark and Share