USD: Dollar helped by rising treasury yields
The dollar is slowly making gains this week and managed to rise from a one-month low yesterday due to rising US treasury yields.
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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
Wednesday, 8 September 2021
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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EUR: Euro strengthens due to positive data
The euro strengthened against both the pound and the dollar yesterday following data that confirmed the Eurozone economy returned to growth in the second quarter.
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GBP: Sterling weaker after tax announcement
The pound slipped against the euro and the dollar yesterday following the announcement that the UK government will be introducing fresh tax hikes.
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Pound weaker after government announces tax hike
The pound suffered yesterday and is still struggling this morning against both the euro and the dollar after the UK government announced a new 1.25% health and social care tax, designed to raise £12bn a year. Economists worry…
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Sterling drops on tax news
Firstly, what better day than when our London office will be basking in 30°C to remind you of The Luxury Ski Show? Well, mountain homes are pretty wonderful in a heatwave too. It’s a “virtual” property and lifestyle exhibition…
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USD: Dollar steadies but jobs data effect ripples on
The dollar had a positive day yesterday, beating almost all major currencies. However, the improvement was only slight and the dollar remains well down so far this month.
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EUR: Traders analyse data ahead of ECB decision
The single currency had a positive day against sterling while slipping slightly against USD, in a decidedly mixed day for data and ahead of an interest rate decision in two days time.
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GBP: Supply woes delay recovery
Sterling starts the day slightly on the back foot against EUR and USD, but only slipping part way back towards last Tuesday’s position.
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