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 31 Jan 2023 by Christopher Nye

EUR: Germany’s GDP shrinks

On Monday, markets saw the latest GDP data for Germany which revealed that the country’s gross domestic product shrank by 0.2% quarter-on-quarter in Q3 of 2022.

GBP 31 Jan 2023 by Christopher Nye

GBP: Markets anticipate further BoE hikes

Despite nervousness, sterling remains close to a six-week high against the dollar (hit on January 23rd), in the run up to the Bank of England's policy announcement this week.

31 Jan 2023 by Christopher Nye

Sterling awaits Thursday’s looming BoE decision

The pound showed some signs of nervousness yesterday, with an overall choppy day against both the euro and US dollar. This comes ahead of the BoE’s looming interest rate decision on Thursday.

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30 Jan 2023 by Charles Purdy

Stubborn inflation a poser for central banks

The pound kicks off the last week of a long January little changed since last Monday. The same problems that made January such a drag will continue into February, with a new set of strikes (train drivers and…

USD 30 Jan 2023 by Julian Benson

USD: Pending homes sales rise unexpectedly

US pending home sales rose 2.5% month-over-month in December 2022, the first rise markets have seen in over six months. The data exceeded expectations which forecast a 0.9% drop.

EUR 30 Jan 2023 by Julian Benson

EUR: Consumer pessimism continues

In France, consumer confidence reading came in at 80 for January 2023, down from a revised 81 in December last year. This indicated the lowest reading since September 2022.

GBP 30 Jan 2023 by Julian Benson

GBP: Close to seven-month highs

Despite little movement for the pound on Friday, sterling was not far from its highest level in seven months against the US dollar. This is despite economic activity in the UK private sector falling at its fasted rate…

30 Jan 2023 by Julian Benson

Central banks poised to raise interest rates this week

After a relatively quiet day on Friday, the pound is approaching the end of January approximately 2.3% higher against the US dollar and 0.6% higher against the euro on December 2022 rates.

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