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 Feb 2023 by Charles Purdy

Pound hits three-week high

The currency markets responded positively to two surprise data releases in the UK economy yesterday. The first was a ‘flash’ reading of Services PMI, which boosted sterling by almost 1% in the space of two hours. More impressively,…

USD 22 Feb 2023 by Julian Benson

USD: Private sector boosted

The global US composite PMI, which represents the country’s private sector output, stabilised to 50.2 in February, beating market expectations of 47.5.

EUR 22 Feb 2023 by Julian Benson

EUR: Boost in German investor morale

In Germany, economic sentiment unexpectedly rose yesterday to 28.1 from 21.5 in January. This reading represents a boost in investor morale, which reached 12-month highs and marked the fifth consecutive month of increases.

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GBP 22 Feb 2023 by Julian Benson

GBP: PMI raises hopes UK will avoid a recession

The UK services PMI, which rose to 53.3 yesterday from 48.7 in January, cited rising customer demand as improving business optimism and outlook.

22 Feb 2023 by Julian Benson

Data-filled day yesterday leaves pound on top

Yesterday morning the pound was boosted following a positive reading from UK Services PMI which signalled an increase in business optimism.

USD 21 Feb 2023 by Christopher Nye

USD: Personal spending to rise

It is a similar story for the United States who will be releasing their latest personal income and personal spending data on Friday. In the previous data, personal income in the US climbed a gentle 0.2%.

EUR 21 Feb 2023 by Christopher Nye

EUR: Germany’s economic data dominates markets

Over the coming days market-watchers will look to Germany for several important data releases that will give investors clues on the economic health of the world’s fourth-largest economy.

GBP 21 Feb 2023 by Christopher Nye

GBP: Quiet data week for sterling-watchers

It is a calm week for economic data releases in the UK, however sterling-watchers will be paying attention to the latest industrial trends survey which will be released by the Confederation of British Industry at 11am.

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