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.

8 Feb 2023 by Julian Benson

Quiet start to week as markets look to Friday’s GDP

Sterling remains relatively unchanged against the US dollar this morning as new data has failed to rectify the losses seen by the pound on Friday.

USD 7 Feb 2023 by Christopher Nye

USD: Dollar maintains gains

The dollar strengthened against a basket of major currencies on Monday, and is still stronger than sterling and the euro this morning.

EUR 7 Feb 2023 by Christopher Nye

EUR: Dollar surge sees EUR/USD plunge

On Monday the euro hit its lowest level against the US dollar since early January, losing approximately 0.19%. This follows the dollar’s recent boost on the back of last week’s strong employment data.

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GBP 7 Feb 2023 by Christopher Nye

GBP: Construction PMI falls

Markets saw the latest in S&P Global/CIPS UK Construction PMI yesterday. The purchasing managers index fell 0.4 points from last month to 48.4 in January.

7 Feb 2023 by Christopher Nye

Pound remains under pressure

The aftermath of last week’s BoE, ECB and Federal Reserve interest rate decisions continues to weigh heavy on exchange rates. Sterling was on the back foot on Monday and the gloomy mood added pressure to the already risk-sensitive…

USD 6 Feb 2023 by Christopher Nye

USD: US dollar boosted by jobs data

The dollar begins the week stronger than a handful of its rivals including sterling, the euro and the canadian dollar following surprising jobs data last week.

EUR 6 Feb 2023 by Christopher Nye

EUR: EUR/USD continues to weaken

The euro is still weak against the US dollar after tumbling on Thursday for the first time since last April. This follows strong US jobs data last week which turned investors to the US dollar.

GBP 6 Feb 2023 by Christopher Nye

GBP: BoE’s L. Mann to speak

At 9:40 this morning, member of the BoE's Monetary Policy Committee, Catherine L. Mann will speak following the latest inflation rate.

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