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.

USD 27 Jan 2023 by Charles Purdy

USD: Mixed data keeps market guessing on rates

It was a patchy day for the dollar yesterday. Despite some positive economic news – GDP down on last month but up on expectations at 2.9% and Durable Goods Orders well up, by 5.6% – the US dollar…

EUR 27 Jan 2023 by Charles Purdy

EUR: Spanish economy beats expectations

Spanish GDP has just been revealed to have grown well ahead of expectations, with 0.2% growth in the last quarter of 2022 contributing to year-on-year growth of 2.7%. Less positively, consumer confidence has slipped in France.

GBP 27 Jan 2023 by Charles Purdy

GBP: Markets becalmed ahead of interest rate decision

Sterling strengthened very marginally against the US dollar yesterday but more markedly (roughly 0.3%) against the euro. It has since dropped against USD.

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27 Jan 2023 by Charles Purdy

Hunt outlines plans for economic growth

It was a quiet session for most currencies yesterday, the markets waiting for next week’s interest rate-setting bonanza from the US, eurozone and British central banks. Of all, the euro fared worst yesterday, dropping by around a quarter…

USD 26 Jan 2023 by Christopher Nye

USD: Mortgage applications on the up

In the US housing markets, the latest mortgage applications data revealed that applications in the US jumped 7% in the week which ended January 20th 2023.

EUR 26 Jan 2023 by Christopher Nye

EUR: Up next, the ECB interest decision

Markets are currently expecting the European Central Bank to hike interest rates by 50bps next week and again (by the same amount) at the March policy meeting.

GBP 26 Jan 2023 by Christopher Nye

GBP: PPI input falls again

On Wednesday, PPI input data released by the Office of National Statistics revealed that the headline rate of input prices in Britain fell by 1.1% in December 2022, following a 0.2% drop in November.

26 Jan 2023 by Christopher Nye

Pound rallies against dollar on weekly comparison

After a strong start to the week for the pound, the pound relinquished weekly gains against the euro and dollar on Tuesday. This morning however, the pound is stronger against the greenback, with weekly gains of around 0.67%.

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