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.

EUR 3 Jul 2023 by Julian Benson

EUR: Inflation hits 17-month low

In June 2023 the consumer price inflation rate in the Euro Area decreased to 5.5%, down from 6.1% in May. This was slightly below market expectations of 5.6%.

GBP 3 Jul 2023 by Julian Benson

GBP: House prices grow unexpectedly

Nationwide building society reported UK house prices grew slightly in June but annual prices fell at the fastest rate since 2009 as mortgage costs continue to take a toll on the market.

3 Jul 2023 by Charles Purdy

Sterling remains strong, but in reactive mode

It’s been a wobbly time for sterling over the past few weeks against the euro. Looking at the GBP/EUR graph you can see sterling’s strength building over the spring but for the past three weeks it’s been bobbling…

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USD 30 Jun 2023 by Charles Purdy

USD: Economic growth boosts dollar

Another mixed day for the dollar, strengthening well against the euro and a little against the yen and yuan, but sliding against the pound and other dollars.

EUR 30 Jun 2023 by Charles Purdy

EUR: Euro weakens as inflation takes a beating

The single currency weakened marginally across the board yesterday, by up to 0.5%.

GBP 30 Jun 2023 by Charles Purdy

GBP: Sterling reacts positively to early data

A busy week for sterling appears so far to be ending on a rising note, with GDP data confirming that the UK avoided recession at the start of the year and the pound tracking higher.

30 Jun 2023 by Charles Purdy

Pound strengthens as recession-dodge confirmed

Sterling recovered some of Wednesday’s losses against the euro yesterday, while drifting further against most other currencies. This morning so far it appears to be tracking upwards again, with the confirmation that the UK economy avoided a recession…

USD 29 Jun 2023 by Charles Purdy

USD: Powell’s comments boost dollar

It was a strong day for the dollar, strengthening by a good 0.5% or so against all its major rivals as Fed Chair Jerome Powell warned of future interest rate hikes.

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