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.

13 Jul 2022 by Charles Purdy

Pound stronger following GDP data

GDP data was released this morning, revealing that the UK economy grew unexpectedly in May by 0.5%. This beat expectations of 0.0% and growth was driven by a rise in holiday bookings and GP appointments. The pound has…

13 Jul 2022 by Charles Purdy

Pound surges following GDP data, but will it last?

The pound has shot up to its highest level since the spring following GDP data from the UK that took the markets by surprise. The UK economy rose by 0.5% in May, when economists had predicted a 0.1%…

USD 12 Jul 2022 by Charles Purdy

USD: Dollar strengthens yet again

The dollar continued to strengthen yesterday, on the back of Friday’s excellent non-farm payrolls data and a general risk off sentiment, surrounding fresh rises in Covid in China and the risk to gas supplies in Europe.

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EUR 12 Jul 2022 by Charles Purdy

EUR: Euro falls close to parity against dollar

The euro has had a torrid week, weakening across the board including over 3.5% against USD and almost 2% against sterling. It has now virtually reached parity against the US dollar for the first time in 20 years.

GBP 12 Jul 2022 by Charles Purdy

GBP: Pound continues recovery against euro

The pound has strengthened against the euro and weakened against the dollar over the past week and that continued yesterday.

12 Jul 2022 by Charles Purdy

Pound-euro two-month high as gas worries mount

The dollar has almost reached parity with the euro as fears over the supply of gas to western Europe this winter, along with the aggressive stance of the US Federal Reserve on interest rates, sent the dollar to…

11 Jul 2022 by Christopher Nye

UK economy and sterling face summer of drift

After all the political excitement last week, sterling starts at its highest point since early May against the euro but close to historic lows against the US dollar. Last week GBP/USD hit its lowest since March 2020, but…

USD 11 Jul 2022 by Christopher Nye

USD: Inflation data expected this week

The dollar is stronger this morning against a basket of currencies due to global growth fears. These have been exacerbated by fears of more lockdowns in China.

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