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.

GBP 9 Nov 2022 by Christopher Nye

GBP: cost of living continues to rise

Britain's cost of living continues to rise as yet again the figures for grocery price inflation are at a record high.

9 Nov 2022 by Christopher Nye

Sterling rallies against the US dollar in the lead up to the midterm elections

In a sobering speech yesterday, the UK’s chief economist Huw Pill warned that the BOE will be forced to increase interest rates even as the economy enters recession.

USD 8 Nov 2022 by Christopher Nye

USD: Midterm elections will be held at lunch

The big event markets will be keeping a close eye on today is the US midterm elections. Later this week core inflation data will be released.

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"With Danny's guidance we purchased a forward contract at a fixed rate that guaranteed our Euro funds when required. Not only did this give us peace of mind but as it turned out the conversion rate did change and meant that if we hadn't entered the contract, our funds would have dropped by €10,000 euros."
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EUR 8 Nov 2022 by Christopher Nye

EUR: eurozone interest expected to rise

It was a moderately quiet day for eurozone data yesterday, ECB members will continue to give speeches over the course of the week.

GBP 8 Nov 2022 by Christopher Nye

GBP: sterling marginally unchanged against dollar

The BoE warns of more contractions in Britain’s GDP as high energy prices and other factors continue to weigh on spending.

8 Nov 2022 by Christopher Nye

US midterm elections will be held this afternoon

UK Housing markets still dealing with the aftershock of Kwarteng’s September mini-budget. Yesterday's Halifax house price index points to the slowest pace of growth in a year.

USD 7 Nov 2022 by Christopher Nye

USD: US inflation predicted to fall

Last week, the Federal Reserve warned of the potential for financial distress if interest rates rise to steeper levels.

EUR 7 Nov 2022 by Christopher Nye

EUR: euro still strong against the pound

After making new gains against the pound last week, the euro begins today marginally unchanged from where it ended on Friday.

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