GBP: Covid-19 variant in South Africa causes worries
The pound has weakened against the euro and has fallen to yearly lows against the dollar this morning as concerns around a new coronavirus variant rise.
Read more
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
Friday, 26 November 2021
GBP / EUR
▲ 0.18%
1.1676
A transfer of €300,000 would cost
£472 less
today than yesterday.
GBP / USD
▼ 0.14%
1.3450
A transfer of $350,000 would cost
£375 more
today than yesterday.
Worried about your transfer?
Lock today's rate with a forward contract.
★ 4.8 on Trustpilot
FCA authorised
Trusted since 2004
Pound weaker as new Covid-19 variant identified
The pound is weaker this morning as concerns about a new Covid-19 variant, first identified in South Africa, mount. This variant appears to have more mutations than previous versions, raising questions over the effectiveness of the current vaccines.…
Read more
EUR: Lagarde to speak this morning
The euro has strengthened against the pound and the dollar this morning, mainly due to sterling and greenback weakness. Today, we will hear from European Central Bank President Christine Lagarde.
Read more
USD: Dollar stronger following Fed minutes
The dollar strengthened yesterday, hitting 16-month highs after the Federal Reserve released the minutes from its latest monetary policy meeting.
Read more
EUR: Disappointing German data weakens euro
The euro is weaker against the pound and the dollar this morning following worries about the spread of COVID-19 and disappointing economic data.
Read more
GBP: BoE speeches today
The pound is still trading around strong levels against the euro this morning. Some of its strength could be attributed to the coronavirus situation in Europe compared to the UK.
Read more
Pound strong against euro ahead of Bailey speech
Despite weakening from highs seen at the beginning of this week, the pound is trading around strong levels against the euro this morning. However, it’s still lingering near 2021 lows against the dollar. Later today, two Bank of…
Read more
GBP/EUR remains at 2021 peak but uncertainty rises
The pound remains above €1.19 this morning, despite a wobble yesterday that could be a warning of a bigger drop to come. Yesterday’s Purchasing Managers’ Indexes (PMI, read more about that here) showed that British businesses are slightly…
Read more
20+
Years helping property buyers
★ 4.8
Thousands of five-star customer ratings on Trustpilot.
FCA
Authorised, FRN 504509
£12bn+
Transferred for our customers