EUR: Eurozone inflation data due tomorrow
Two ECB officials are due to speak this morning. Tomorrow, inflation data for May will be released for the eurozone.
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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
Thursday, 16 June 2022
GBP / EUR
▲ 0.08%
1.1992
A transfer of €300,000 would cost
£211 less
today than yesterday.
GBP / USD
▲ 0.50%
1.3477
A transfer of $350,000 would cost
£1,311 less
today than yesterday.
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GBP: Pound attempts to recover
After weakening against the euro and the dollar over Tuesday and Wednesday, the pound has made some attempt at recovery overnight and this morning.
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Focus on Bank of England meeting today
After weakening to multi-year lows against the euro and the dollar earlier this week, the pound has started to recover overnight and this morning. This comes ahead of the Bank of England’s latest monetary policy meeting and interest…
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USD: Fed meeting later today
After climbing against a basket of currencies on Tuesday, the dollar has settled at a strong level today ahead of the conclusion of the Federal Reserve’s meeting.
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EUR: Euro strengthens on emergency meeting
The single currency was given a boost after the European Central Bank announced that it would hold an emergency meeting to discuss current market conditions.
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GBP: Pound weaker ahead of BoE meeting
The pound weakened to multi-year lows yesterday against both the euro and the dollar. This was due to a mixture of factors.
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Pound weakens to multi-year lows
The pound has weakened to multi-year lows against the euro and the dollar after falling yesterday, overnight and this morning. Poor economic data and tensions between the UK and EU over the Northern Ireland protocol contributed to this,…
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Sterling weighed down by multiple challenges
The pound’s sorrows are coming not as single spies, but in battalions, to mangle Shakespeare a little. Sterling’s precipitous fall started yesterday and has continued overnight and this morning, as bad news continues to arrive. You might have…
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