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.

26 Jun 2023 by Charles Purdy

Currency crisis averted? For now…

An interesting weekend in global politics has left the pound unchanged, but still around 1.5% up against the euro compared to this time last month. It could easily have worked out differently. The pound tends to suffer –…

23 Jun 2023 by Julian Benson

Bank of England raises interest rate to 5.0%

After a strong week, the pound was rocked on Thursday following the Bank of England’s decision to raise interest rates by 50 basis points to 5.0%.

GBP 23 Jun 2023 by Julian Benson

GBP: Consumer confidence & retail sales results

The Gfk Consumer Confidence figures for June came in at -24, showing an increase from -27 in May.

Protect against risk.

Lock today's exchange rate for up to a year.

A Forward Contract reduces the risk of currency fluctuations impacting your payments. Pay a small deposit now, settle the balance later, perfect for property purchases with future completion dates. With over £12 billion transferred for clients over the past 20 years, our dedicated account managers will put together a plan that best suits your needs.

"With Danny's guidance we purchased a forward contract at a fixed rate that guaranteed our Euro funds when required. Not only did this give us peace of mind but as it turned out the conversion rate did change and meant that if we hadn't entered the contract, our funds would have dropped by €10,000 euros."
Gary Miller

Get a quote or call 020 7898 0541

EUR 23 Jun 2023 by Julian Benson

EUR: Losses for EU shares

European stock markets extended losses for a fifth consecutive session on Friday with benchmark indexes approaching their worst week of losses since March.

USD 23 Jun 2023 by Julian Benson

USD: 6-month high against the Japanese yen

Following a strong rally yesterday, the US dollar soared during the Asian session on Friday, taking the current rate to a fresh high, not seen since November 2022.

USD 22 Jun 2023 by Christopher Nye

USD: Markets digest Powell’s testimony

Fed chair, Jerome Powell gave one of two testimonies scheduled for this week yesterday, striking a hawkish tone. Powell warned that the central bank “will continue to make decisions meeting by meeting, based on the totality of incoming…

EUR 22 Jun 2023 by Christopher Nye

EUR: Euro strong despite lack of data

The euro enters the day stronger against the US dollar despite another quiet day on the economic data front. The single currency boasts dollar gains of approximately 1.55% since this time last week.

GBP 22 Jun 2023 by Christopher Nye

GBP: Pound watchers poised for economic data

With today’s key releases from the Bank of England dominating the calendar for the UK, pound watchers will have plenty to mull over ahead of tomorrow’s economic data.

Request a Quote