GBP: Pound still strong against euro and dollar
The pound is still strong against the euro and dollar this morning, so far proving resilient against the political unrest in the UK.
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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, 13 January 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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Pound resilient despite troubles in Downing Street
The pound has maintained its strength against both the euro and the dollar this morning, despite political unrest in Downing Street. Reports this morning reveal that senior Conservative MPs are calling for Boris Johnson to resign. This follows…
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Sterling’s record strength is an opportunity
The pound managed to retain its position very close to a 23-month high against the euro and two-month high against the US dollar. Indeed it is only a fraction off its best rate for over five years. Those…
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USD: US inflation figures today
Today, inflation figures will be released for December, expected to rise about 7% year-on-year. This could provide fresh impetus for the Federal Reserve to hike interest rates earlier than expected.
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EUR: ECB Enria to kickstart speeches from officials
European Central Bank official, Andrea Enria, will kickstart a series of speeches from ECB officials to end the week.
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GBP: Pound strong as cases fall
The pound is still strong against the euro and the dollar this morning, benefitting from hopes that Covid related lockdowns are a thing of the past.
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Pound strong as Omicron worries decrease
The pound remains in a strong position against both the euro and the dollar this morning. News that Omicron cases are falling, and overall hospital admissions are levelling has raised hopes that Covid-related restrictions and lockdowns won’t be…
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USD: Dollar returns to downward trajectory
Following six months of steady strengthening against the euro, the last six weeks have seen the dollar struggling against both euro and sterling.
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