EUR: Industrial production figures disappoint
Industrial production figures were released for the Eurozone yesterday, showing that production fell by 1% in May, the first drop in 3 months.
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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, 15 July 2021
GBP / EUR
▼ 0.03%
1.1665
A transfer of €300,000 would cost
£89 more
today than yesterday.
GBP / USD
▲ 0.22%
1.3456
A transfer of $350,000 would cost
£585 less
today than yesterday.
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GBP: Employment data misses the mark
After rising yesterday morning due to inflation data, the pound has lost some ground this morning following disappointing labour market statistics.
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Pound weaker due to disappointing employment figures
After strengthening yesterday following inflation rate data, the pound has weakened slightly this morning due to disappointing labour market figures. However, it is still trading near three-month highs. Tomorrow morning, it’s the Eurozone’s turn to release its latest…
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USD: US inflation rises, dollar strengthens
The dollar strengthened yesterday and is still strong this morning following the release of the inflation rate figures for the US. Core inflation rate came in at 4.5% and annual inflation was 5.4% for June.
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EUR: Industrial production figures for Eurozone today
May’s Industrial production figures for the Eurozone will be released later today and are expected to fall by 0.2% month-on-month, after rising by 0.8% in April.
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GBP: Pound stronger against euro
Sterling is strong against the euro this morning after the 'Freedom Day' announcement on Monday and following inflation rate data this morning.
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Pound strong against euro after inflation data
The pound strengthened against the euro yesterday, buoyed by confirmation that the UK will be lifting most COVID-19 restrictions from July 19. It is still trading around three-month highs against the euro this morning but is weaker against…
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Inflation data drives sterling upwards
The pound to euro graph and the pound to US dollar graph have been heading in opposite directions for most of the past two months, but they’re united in heading upwards this morning as higher than expected UK…
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