EUR: Spain’s Retail Sales decline
We’ve just seen Spain’s latest year-on-year Retail Sales data. The National Statistics Institute reported that Spain’s sales decreased 0.60% in November 2022.
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Daily Currency Note
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.
Today's move
Thursday, 29 December 2022
GBP / EUR
▲ 0.18%
1.1676
A transfer of €300,000 would cost
£472 less
today than yesterday.
GBP / USD
▼ 0.14%
1.3450
A transfer of $350,000 would cost
£375 more
today than yesterday.
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Sterling yet to recover losses against euro and dollar.
Sterling is still weaker than both the euro and the dollar compared to this time last week. The single currency has not yet made a recovery against the two rival currencies following the BoE's December interest rate decision.…
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GBP: UK PMI to fall in the new year
Britain’s next key data release won’t be until the 3rd of January, when market watchers can expect S&P’s PMI data. This is one release that will be watched closely as the Purchasing Managers’ Index measures the performance of…
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Decision-time, as pound declines
While the UK markets were closed for the weekend and Christmas, global trade (including in currencies), continued. The big story is the opening up of the Chinese economy from Covid restrictions, strengthening commodity-backed currencies like the Australian and…
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USD: dollar up on sterling after choppy week
A choppy week against both sterling and the euro has seen the dollar come out on top, with the US dollar maintaining its gains against sterling this morning.
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EUR: continued tightening expected from ECB
Eurozone data picks up as the week heads to a close with several key releases scheduled for Spain between now and Friday.
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GBP: Nationwide house prices expected to fall
All eyes will be on Nationwide's latest housing prices as market watchers await Friday's data release.
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Sterling still weak despite boosted Boxing Day sales
The pound has lost strength against the US dollar and the euro compared to this time last week. This follows a choppy few days against its both competing currencies.
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