EUR: eurozone inflation still high
After a choppy week against the dollar, the euro remains marginally unchanged from where it started last week.
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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
Monday, 17 October 2022
GBP / EUR
▼ 0.05%
1.1981
A transfer of €300,000 would cost
£115 more
today than yesterday.
GBP / USD
▲ 0.48%
1.3499
A transfer of $350,000 would cost
£1,255 less
today than yesterday.
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GBP: sterling makes fresh gains against dollar and euro
The pound is stronger against the euro this morning and is in a much better position against the dollar than it was after the September mini-budget.
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Fresh gains for sterling following Kwasi Kwarteng’s dismissal as Chancellor.
After a week of highs and lows, sterling starts the week stronger than it did against both the dollar and euro, compared to this time last Monday.
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Sterling gains almost 1% as Hunt prepares statement
Sterling has strengthened to its highest rate since early September against the euro this morning, in the wake of a complete reversal of fiscal policy from the new chancellor Jeremy Hunt. He has said this morning that parts…
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USD: Bear market warning for US
The dollar weakened by more than 2% against the pound yesterday, amid a more general sell-off.
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EUR: Euro strengthens against all but sterling
The euro had a positive day against all but the pound yesterday, gaining as much as 1% against the US dollar and Japanese yen.
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GBP: Sterling surges as markets force tax rethink
Sterling moved to its strongest point for over a month against the euro yesterday.
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Sterling leaps on promise of fiscal U-turn
The pound surged yesterday, strengthening by between 1.3% and 2.6% against its major rivals. This comes as the Chancellor of the Exchequer makes an early return from an IMF meeting in New York amidst rumours that he is…
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