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 10 Jan 2023 by Christopher Nye

USD: Dollar watchers eagerly await CPI data

On Friday, the dollar index, which measures the US dollar against six major currencies, fell by 1.15% investors moved into riskier assets. Fears continue into this week.

EUR 10 Jan 2023 by Christopher Nye

EUR: euro boosted by record low unemployment

EUR/USD rose on Monday following the latest eurozone unemployment data. The latest data revealed the seasonally-adjusted unemployment rate stood at 6.5% in November.

GBP 10 Jan 2023 by Christopher Nye

GBP: BoE’s Huw Pill delivers hawkish speech

The Bank of England’s chief economist, Huw Pill gave a hawkish speech at the Money Market Association of New York University on Monday.

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10 Jan 2023 by Christopher Nye

Sterling reacts to comments from BoE’s chief economist

After its boost against both the euro and dollar on Monday, sterling relinquished gains made against the euro towards the end of the business day. Against the dollar however, the pound has maintained yesterday’s gains and is still…

USD 9 Jan 2023 by Christopher Nye

USD: Annual inflation expected to slow

The big release on all dollar watchers’ radars this week will be the latest inflation rate, issued by the U.S. Bureau of Labor Statistics on Thursday. US inflation is forecast to ease to 6.7%.

EUR 9 Jan 2023 by Christopher Nye

EUR: Unemployment rate to remain unchanged

It is a similar story over in the eurozone, where markets are also expecting a variety of key data releases which could impact the single currency this week.

GBP 9 Jan 2023 by Christopher Nye

GBP: Markets poised for GDP data this week

There are several key data releases scheduled in for this week that could sway the pound against its rivals. The one to watch will be the UK’s GDP, issued by the Office for National Statistics on Friday.

9 Jan 2023 by Christopher Nye

A confident entrance to GDP week for the pound

Sterling enters the week on a stronger footing against both the euro and the dollar after a punishing start to the year so far. Despite its recent gains, the pound remains close to the one-month low touched against the…

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