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 29 Jun 2023 by Charles Purdy

EUR: Spanish inflation sinks below ECB target

The euro had a positive day against the pound but elsewhere there was little movement and what there was, was downwards.

GBP 29 Jun 2023 by Charles Purdy

GBP: Pound falls as Bailey warns of persistent inflation

The pound slipped dramatically around midday yesterday as news of the Thames Water debacle collided with downbeat comments about the UK economy from the central bankers’ conference in Portugal.

29 Jun 2023 by Charles Purdy

Bailey’s comments weigh on sterling

The pound lost across the board yesterday, by close to 1% against the US dollar and half a percent against the euro, Australian and Canadian dollars, yen and yuan. There were several prompts for this, coming from different…

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28 Jun 2023 by Charles Purdy

Sterling’s fraught summer continues…

It’s been a month of short but sharp swings in the value of sterling. The difference between the lows and the highs for GBP/EUR has been around 2% over the past month and for GBP/USD over 4%. The…

GBP 28 Jun 2023 by Julian Benson

GBP: Waiting game for the pound

There’s been a lack of market-moving data in the UK this week, so the pound remains largely unchanged from Monday’s open against major rivals. Economists await further comments from the Bank of England surrounding inflation and monetary policy.

EUR 28 Jun 2023 by Julian Benson

EUR: Italy consumer confidence at 16-month high

In Italy, consumer confidence surpassed market expectations of 105.5 by rising to 108.6 in June 2023 from 105.1 a month prior. Sentiment vastly improved for the current macroeconomic climate and comes despite growing concerns over ECB rate hikes.

USD 28 Jun 2023 by Julian Benson

USD: Tech shares boost stocks

The tech sector helped key US stocks the S&P 500 and the Nasdaq gain 0.3% and 0.5% respectively yesterday as Citigroup raised its price target on Meta to $360 per share.

28 Jun 2023 by Julian Benson

Hunt signs agreement for UK/EU financial cooperation

UK chancellor Jeremy Hunt and Brussels’ financial services commissioner, Mairead McGuinness, both signed a Memorandum of Understanding on financial services yesterday which outlines plans for UK/EU cooperation.

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