Currency Note Archive

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.

17 Feb 2021 by Christopher Nye

Sterling hits new 11-month high

Sterling finally breached the €1.15 level this morning, following a strong set of data releases on inflation (the CPI advanced to 0.7% year on year, ahead of expectations). GBP/EUR is still some way off the level it reached…

USD 17 Feb 2021 by Christopher Nye

USD: Dollar strong ahead of Fed meeting minutes

The dollar is strengthening against a basket of currencies this morning due to the yield of 30-year treasuries increasing, which has been fuelled by market optimism over the US stimulus package.

EUR 17 Feb 2021 by Christopher Nye

EUR: Economic sentiment increases in Germany

The ZEW Indicator of Economic Sentiment figure for Germany was released yesterday, increasing by 9.4 points from the previous month to 71.2 in February, well above market forecasts.

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GBP 17 Feb 2021 by Christopher Nye

GBP: Furniture and food boost inflation

The inflation rate came in at 0.7% year-on-year in January, which was above market expectations of 0.6%. This was due to a rise in furniture and food prices.

17 Feb 2021 by Christopher Nye

Pound strong as inflation rises

Sterling continues to be well supported by the UK’s vaccine rollout, falling infection rates and hopes for economic recovery. The government says it has vaccinated 15 million people, which means that just over one in four adults have…

USD 16 Feb 2021 by Christopher Nye

USD: Softening dollar slides again

The dollar’s 10-day slide against the euro and pound continued yesterday, albeit in a fairly muted way. The dollar lost against most major currencies, including GBP, NZD and CHF.

EUR 16 Feb 2021 by Christopher Nye

EUR: Data to fore as criticism continues

It was an up-and-down day for the euro against the US dollar yesterday, but all within fairly tight margins, and that has continued in early trading today.

GBP 16 Feb 2021 by Christopher Nye

GBP: Pound’s climb continues

Sterling continued its climb against the euro yesterday, hitting another highest level since last spring. It also set a new nearly three-year high against the US dollar.

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