EUR: A busy week of data in Europe
It’s a busy week for data in Europe, with employment and GDP figures due tomorrow, inflation rate figures on Wednesday and PMI data on Friday.
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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
Monday, 17 May 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: Lockdown restrictions ease for most of UK
Employment and labour productivity figures will be released for the UK tomorrow, with inflation rate data on Wednesday and retail and PMI figures on Friday.
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Pound strong ahead of busy week for data
The pound is still strong against both the euro and the dollar ahead of a series of key data releases this week. These figures will reveal more about how the UK economy has performed in April and May,…
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Big week for data as sterling looks for fresh impetus
Another Monday morning and another positive movement for the pound, not only against the euro but all major currencies. This morning’s boost is little over 0.2%, however, (so far anyway) compared to the last few Monday mornings when…
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USD: US unemployment sees new pandemic low
For the second week in a row, US initial jobless claims are at levels not seen since before the pandemic. The new pandemic low of 473,000 indicates that the US businesses are recovering. US producer prices surged 6.2%…
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EUR: Markets eye ECB meeting minutes
The euro has gained back some ground against the dollar after positive data releases in the US caused the single currency to weaken yesterday. Minutes from the European Central Bank’s latest meeting will be released later today. Markets…
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GBP: UK could “top G7 growth league table”
Sterling remains strong against both the euro and the dollar this morning as England prepares to open up further from Monday. Speaking yesterday, Bank of England chief economist, Andy Haldane, said that the UK’s economic recovery could “put…
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Pound strong ahead of further easing of restrictions
The pound is still strong against both the euro and the dollar this morning as England prepares to open up further from Monday. Boris Johnson has said he is “anxious” about the Indian variant of Covid-19 and would…
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