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.

USD 4 Aug 2023 by Charles Purdy

USD: Labour data will offer clues to US economy

A quiet day for the US dollar ended with no overall movement apart from against the yen, where the dollar weakened by around 0.6%.

EUR 4 Aug 2023 by Charles Purdy

EUR: A positive week for eurozone economy

The single currency ended the day edging higher against the pound and US dollar. Taking the past month as a whole, EUR is around half a per cent stronger against GBP and USD, but having undergone a 3-4%…

GBP 4 Aug 2023 by Christopher Nye

GBP: Sterling recovers mid-day losses

Sterling dropped sharply before and immediately after the interest rate decision at 12 noon yesterday. However, while the 25 basis point rise may have been seen as relatively dovish, the BoE’s subsequent comments about keeping rates high were…

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4 Aug 2023 by Christopher Nye

15-year interest rate high leaves sterling unmoved

After initially falling, sterling recovered almost across the board yesterday after the Bank of England (BoE) opted to raise interest rates by the lower of the likely degrees, 25 basis points rather than 50. However, this still raised…

USD 3 Aug 2023 by Julian Benson

USD: Up 1.9% on the euro this week

The US dollar rallied to fresh multi-week highs against the euro on Wednesday, boosted by private sector employment which exceeded market expectations by 135,000 jobs.

EUR 3 Aug 2023 by Julian Benson

EUR: Largest German trade surplus in 2 years

This morning, Germany’s trade surplus widened to €18.7 billion compared to market expectations of €14.4 billion in May and higher than market expectations of €16.0 billion.

GBP 3 Aug 2023 by Julian Benson

GBP: pound at 3-week low ahead of BoE meeting

There remains uncertainty around the magnitude of the Bank of England’s rate increase, as investors are divided between a 25 and 50 basis point hike. A rise of 25 basis points would take the rate to a 15-year…

3 Aug 2023 by Julian Benson

Will the pound sway on interest rate decision day?

The pound’s downward spiral continued yesterday and is currently 0.3% and 2.15% worse off against the euro and US dollar, respectively, since Monday.

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