Currency Note Archive

Stay informed. Stay in control.

Currency rates fluctuate by the second and can change by up to 10% in the space of a year. On a typical overseas money transfer, that's the difference between completing on budget and needing pay thousands more. Our daily notes keep you informed on every move in GBP, EUR and USD, so you can make confident decisions about when to lock in your rate.

22 Dec 2023 by Christopher Nye

GDP disappoints on both sides of the Atlantic

Sterling fell against most major currencies yesterday, with the notable exception of the US dollar, which itself dropped across the board following a disappointing final reading for US Gross Domestic Product (GDP). The US economy grew by an…

21 Dec 2023 by Christopher Nye

Pound on the back foot following unexpectedly soft UK inflation

Sterling lost approximately half a per cent yesterday against major rivals the euro and US dollar, respectively, immediately after UK inflation eased to 3.9% a 28-month low.

GBP 21 Dec 2023 by Christopher Nye

GBP: Daily low for the pound

The GBP/USD rate fell to a daily low yesterday in the early European session following softer-than-expected inflation readings from the UK.

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EUR 21 Dec 2023 by Christopher Nye

EUR: Concerns grow surrounding eurozone economy

The euro’s recovery from last week’s lows were stunted yesterday following contractions in construction output and after Monday’s downbeat business sentiment.

USD 21 Dec 2023 by Christopher Nye

USD: Influential data to come

On Friday, we’ll receive data for the core PCE prices in the US, which exclude food and energy. Forecasts expect prices to have increased by 0.2% in November, from 0.2% growth in October.

20 Dec 2023 by Charles Purdy

Sterling plunges as inflation drop takes markets by surprise

I’m not sure if central bankers do high-fives, but there will certainly be a few thumbs up in the Bank of England WhatsApp chat this morning as inflation beat all expectations to fall to 3.9% this morning. Great…

20 Dec 2023 by Jonathan Cook

UK inflation eases to 3.9%, weighing on the pound

The US dollar fell against its major rivals to end Tuesday’s session down by seven-tenths of a per cent against the pound and around 0.5% against the euro. GBP/EUR made marginal gains as markets continued their wait for…

USD 20 Dec 2023 by Jonathan Cook

USD: From hawks to doves

The US dollar fell against both the pound and the euro in Tuesday’s session.

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