Pound strengthens as global risk sentiment improves

The pound strengthened against the euro and the dollar over the course of yesterday as global risk sentiment improved.

Sterling’s support is being aided by the recovery of the gas market and by comments from Russian President Vladimir Putin who promised to help boost gas supplies in Europe.

The euro is still struggling after the European Central Bank’s monetary policy meeting accounts failed to boost the single currency.

All eyes will now be on the US Non-Farm Payrolls report. Due at lunchtime, it will reveal how many jobs the US added in September and could cause the dollar to strengthen.

Make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on  020 7898 0541 to get started.

Get a quote or
Thank you call handler
Speak to an expert 020 7898 0541

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.

Make a referral
Share to...
BlueskyBufferCopyFlipboardLinkedInMastodonMessengerMixPinterestPocketPrintRedditSMSTelegramThreadsTumblrWhatsApp