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.

1 Aug 2022 by Charles Purdy

Pound close to its strongest since April

The pound has started August 2022 at 3% above where it started July, 2% above where it started August last year, around 8% above 1st August 2020 and nearly 10% above 2019. That last date was when GBP/EUR…

USD 29 Jul 2022 by Charles Purdy

USD: USA in recession

News that the USA is in a technical recession caused the dollar to weaken across the board.

EUR 29 Jul 2022 by Charles Purdy

EUR: French and Spanish GDP rising

Yesterday, the euro weakened against the pound, while strengthening against the dollar following the US GDP data.

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GBP 29 Jul 2022 by Charles Purdy

GBP: Pound at 12-week high against EUR

The pound continues to strengthen against the euro following threats to eurozone gas supplies.

29 Jul 2022 by Charles Purdy

US in recession but European economies show growth

Sterling’s rise against the US dollar has continued through the week and it now stands well over 2% stronger than last Friday. Against the euro the rise has been similar, but yesterday’s strong gains have been pared back…

USD 28 Jul 2022 by Charles Purdy

USD: Fed raises interest rates by 75 basis points

The dollar weakened yesterday following the Federal Reserve’s latest interest rate decision, which was largely priced in by markets. More hawkish comments by the Fed Chair afterwards weighed on the dollar. Later today, GDP figures will be released.

EUR 28 Jul 2022 by Charles Purdy

EUR: Euro struggling ahead of German inflation

The euro has fallen further against the pound after Russia cut gas supplies to Germany. Against the dollar, the euro regained substantial strength yesterday. Today, German inflation data is due.

GBP 28 Jul 2022 by Charles Purdy

GBP: Pound up around 1.5% against dollar

The pound has strengthened further against the euro, trading around a two-month high, and has climbed around 1.5% against the dollar following the announcement of the US Federal Reserve’s latest interest rate decision.

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