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 23 May 2022 by Charles Purdy

GBP: Bailey speech and PMI data this week

After strengthening at the end of last week due to positive retail sales data, it is still strong this morning against the euro and the dollar.

23 May 2022 by Charles Purdy

Pound stronger ahead of UK PMI figures

The pound is stronger against the euro and dollar this morning following positive retail sales, which were released at the end of last week. The markets predicted a decline in April; however, sales rose by 1.4%. The next…

23 May 2022 by Charles Purdy

Pound up against euro and dollar but risks remain

The pound starts the week in a stronger position against both the euro and the dollar. In fact, sterling is currently trading around 2% higher against the dollar than this time five days ago. The fate of sterling…

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USD 20 May 2022 by Charles Purdy

USD: Dollar down following disappointing data

The dollar fell against the euro and the pound yesterday following disappointing data. Initial jobless claims figures increased to 218k last week and existing home sales also missed expectations.

EUR 20 May 2022 by Charles Purdy

EUR: All eyes on eurozone consumer confidence

The euro has strengthened against the pound and is trading roughly 1% higher than yesterday against the dollar. Later today, consumer confidence figures for the eurozone will be released. Markets predict a slight fall of 0.5%.

GBP 20 May 2022 by Charles Purdy

GBP: Retail sales see surprise growth

The pound is supported against the euro and has strengthened by around 1% against the dollar. Retail sales saw an unexpected rise, providing a glimmer of hope that recession may not be inevitable.

20 May 2022 by Charles Purdy

Pound stronger after surprise retail sales growth

The pound has been supported this morning by better-than-expected retail sales data and is up around 1% against the dollar. UK retail sales rose by 1.4% in April following a fall of 1.2% the month before. This surprised…

USD 19 May 2022 by Christopher Nye

USD: Poor housing data fuels recession worries

The dollar is slightly weaker against a basket of currencies this morning, although worries about the global economy mean that it is still benefitting from its status as a safe haven currency.

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