Recent Entries

  • Pounds soars on hopes for UK economic rebound

    Pound soars to multi-year highs on hopes for a strong UK economic rebound The pound has steadily advanced over the past couple of weeks, propelling GBP exchange rates to new highs. During this period, we’ve seen GBP/EUR climb from €1.13 to €1.15 whilst EUR/GBP has stumbled back to ...
  • Pound surges as BoE takes negative rates off the table

    During this period we’ve seen GBP/EUR climb from €1.12 to €1.14 whilst EUR/GBP slipped back to £0.87. Meanwhile, GBP/USD has climbed to a new eight-month high of $1.37, while EUR/USD slipped from $1.21 to $1.20.   Staying on top of the latest currency news can help you ...
  • Pound comes out on top amidst UK’s aggressive vaccinations

    Pound comes out on top amidst UK’s aggressive vaccinations programme   Over the past couple of weeks, we have seen the pound make some convincing gains, supported by the UK’s success in its vaccination programme. During this period, we’ve seen GBP/EUR climb from €1.10 ...
  • UK lockdown reverses pound’s Brexit deal gains

    UK lockdown reverses pound’s Brexit deal gains   Over the past couple of weeks, the pound has experienced dramatic swings in movement following the announcement of a Brexit deal as well as a new lockdown in England.   Latest currency news During this period, we’ve seen GBP...
  • Brexit uncertainty prompt Sterling sell-off

    Brexit uncertainty prompt Sterling sell-off   The first half of December has been marred by considerable volatility in the pound as the risk-off a no-deal Brexit continues to rise. During this time, we’ve seen GBP/EUR fluctuate between 1.11 and 1.08 whilst EUR/GBP has climbed to a high...
  • US dollar slumps to multi-year low amidst improving market mood

    US dollar slumps to multi-year low amidst improving market mood The second half of November saw the market mood grow increasingly positive, resulting in further losses for the safe-haven US dollar. During this time, we’ve seen GBP/EUR fluctuate between 1.11 and 1.12 whilst EUR/GBP has held a...
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  • US dollar undermined by US election and coronavirus vaccine

    US dollar undermined by US election and coronavirus vaccine   The US dollar experienced notable volatility over the past couple of weeks largely as a result of US election drama. During this time we’ve seen GBP/EUR climb from 1.10 to 1.11, whilst EUR/GBP has slipped back to 0.89. Mean...
  • Coronavirus fears strengthen the US dollar

    Coronavirus fears strengthen the US dollar    The US dollar has found itself back in vogue in recent weeks as second wave fears have seen investors favour the safe-haven currency. During this time, we’ve seen GBP/EUR drift up to 1.10, whilst EUR/GBP has drifted lower towards 0.89....
  • Lack of UK-EU trade resolution puts pressure on pound

    Lack of UK-EU trade resolution puts pressure on pound   Uncertainty over the continuation of UK-EU trade talks prompted fresh volatility for the pound, with investors still wary of the potential for a no-deal Brexit scenario. Even so, fresh signs of weakness within the Eurozone economy and n...
  • Coronavirus second wave fears rock currency markets

    Coronavirus second wave fears rock currency markets   A resurgence of coronavirus cases and the reintroduction of restrictions in Europe and the UK has triggered significant currency volatility over the past couple of weeks. This has seen GBP/EUR climb from 1.09 to 1.10 and dropped EUR/GBP t...
  • Pound suffers stunning fall amidst increased Brexit risks

    Pound suffers stunning fall amidst increased Brexit risks   We have seen significant volatility in currency markets over the past couple of weeks, particularly in the pound as a result of heightened Brexit uncertainty. This has resulted in GBP/EUR sliding from 1.10 to 1.09, and propelled EUR...
  • Pound plunges as UK’s Brexit rhetoric stokes no-deal fears

    Pound plunges as UK’s Brexit rhetoric stokes no-deal fears   The start of September brought notable volatility in the currency market, particularly for the pound amidst fresh Brexit jitters. So far this month we have seen GBP/EUR retreat from 1.12 to 1.10 and EUR/GBP rally to 0.90. Me...
  • US dollar rebounds from 2-year low

    US dollar rebounds from two-year low as the global recovery begins to show cracks Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…  Latest currency news  The...
  • US dollar nosedives boosting the pound

    US dollar nosedives boosting the pound   The past couple of weeks have been marked by a heavy sell-off of the US dollar, which has allowed the pound to surge. During this time, we’ve seen GBP/EUR climb from €1.09 to €1.10 and EUR/GBP slide to £0.90. Meanwhile, GBP/USD ...
  • Will weak Eurozone GDP figures weigh down buoyant Euro?

    Will weak Eurozone GDP figures weigh down the buoyant Euro? In recent weeks, the pound has gained ground on growing hopes for Britain’s economic recovery, while the euro surged on the EU’s agreement of a €750 billion recovery fund. The GBP/EUR exchange rate dipped from highs of &e...
  • Pound rallies as markets welcome the UK’s new stimulus package

    Pound rallies as markets welcome the UK’s new stimulus package   The past couple of weeks have seen a notable recovery in the pound, in response to an improving market mood and the announcement of a new UK stimulus package. During this time, we’ve seen GBP/EUR climb from €1....
  • Second wave fears drive volatility in currency markets

    Second wave fears drive volatility in currency markets   The past couple of weeks have been marked by some notable volatility in currency markets, amidst growing concerns that we face a coronavirus resurgence.  During this time, we’ve seen GBP/EUR slump from 1.11 to 1.09 and EUR/G...
  • Pound stabilises on hopes for Brexit deal

    The pound euro exchange rate has been trading statically at €1.11, while the GBP/USD exchange rate has recovered from $1.22 to $1.26.  EUR/GBP is unchanged at £0.89, but EUR/USD has pushed up from $1.08 to $1.12.  Staying up to date with the latest currency news can help you t...
  • Euro surges on EU’s Next Generation plan optimism

    Euro surges on EU’s Next Generation plan optimism   Hopes that the global economy is starting to recover as countries ease lockdown measures boosted market optimism last week. However, US-China trade tensions have capped some risk appetite and lingering Brexit concerns are weighing on t...
  • GBP/EUR drops to six-week lows

    GBP/EUR drops to six-week lows, coronavirus crisis still driving movement    The economic impact of the coronavirus pandemic has been the main driver behind currency movement over the past few weeks.  Last week saw the release of the UK’s latest flash GDP figure, which fell b...
  • Coronavirus uncertainty rocks currency markets in April

    Coronavirus uncertainty rocks currency markets in April   After experiencing wild fluctuations in March, the currency market was generally much calmer in April and the major exchange rates have been trading in fairly narrow ranges.  GBP/EUR continues trading in the region of 1.14 while ...
  • Coronavirus uncertainty rocks currency markets in April

    Coronavirus uncertainty rocks currency markets in April The past couple of weeks have been marked by some notable volatility in currency markets as the coronavirus crisis continues driving sentiment. During this time, we’ve seen GBP/EUR climb from 1.13 to 1.14 and EUR/GBP slip to 0.87. Mea...
  • Euro fluctuates in the face of EU ‘coronabonds’ division

    Euro fluctuates in the face of EU ‘coronabonds’ division    Coronavirus developments and March’s economic reports have continued dictating market sentiment in recent weeks, resulting in significant currency volatility.  The GBP/EUR exchange rate rose from lows of ...
  • Coronavirus panic turbocharges the US dollar, Pound collapses

    Coronavirus panic turbocharges the US dollar, pound collapses to 35-year low There has been some dramatic movement in the currency market over the last couple of weeks as it was rocked by the spread of the coronavirus.  During this time, we’ve seen GBP/EUR tumble from 1.15 to 1.07 and E...
  • Coronavirus panic & collapse in oil prices prompt market chaos

    Coronavirus panic and collapse in oil prices prompt market chaos   Coronavirus headlines have dominated market sentiment in recent weeks, resulting in some significant volatility in currency markets. Over this period we’ve seen GBP/EUR slump from 1.19 to 1.15 and EUR/GBP accelerate to ...
  • Brexit uncertainty and Budget expectations

    Brexit uncertainty and Budget expectations infuse volatility in the pound The pound has traded in a wide range over the past couple of weeks as speculation over the UK’s upcoming Budget and lingering Brexit uncertainty dominated movement in the pairing. This has seen GBP/EUR trade between 1...