USD: US inflation cools
The dollar has weakened slightly against the pound and the euro this morning following inflation rate figures yesterday.
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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, 12 August 2021
GBP / EUR
▼ 0.06%
1.1657
A transfer of €300,000 would cost
£151 more
today than yesterday.
GBP / USD
▲ 0.09%
1.3463
A transfer of $350,000 would cost
£238 less
today than yesterday.
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EUR: Industrial production figures due this morning
The euro is trading around the same levels against the pound and the dollar this morning ahead of industrial production figures for the Eurozone.
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GBP: GDP consistent with Bank of England expectations
The pound has held onto its recent gains against the euro following UK GDP data, which was released this morning.
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Sterling supported by positive GDP figures
The pound has held onto its gains against the dollar and the euro following the release of UK GDP figures this morning . The data shows that the UK economy grew by 4.8% in the second quarter of…
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USD: CPI figures due later today
The dollar reached a 4-month high against the euro yesterday, as it continues to strengthen following a positive Non-Farm Payrolls report at the end of last week.
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EUR: Economic sentiment figures disappoint for Germany
The euro is still weak against the dollar and pound this morning following disappointing data releases yesterday.
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GBP: Consumer spending rose in July
The pound rose to a new 18-month high against the euro yesterday, still boosted by the Bank of England’s monetary policy meeting last week.
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Pound strong ahead of GDP data tomorrow
The pound is still strong against the euro this morning, trading around 18-month highs as it continues to benefit from the Bank of England’s monetary policy meeting last week. Following comments from officials, there is now a strong…
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