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.

GBP 13 Jan 2021 by Christopher Nye

GBP: Vaccine hopes and Bailey comments strengthen pound

The pound is stronger this morning, strengthened by comments from Bank of England Governor, Andrew Bailey. He said that the interest rate would not be cut to 0% or lower over the coming weeks due to the prospect…

13 Jan 2021 by Christopher Nye

Pound stronger after comments from BoE Governor

The pound is stronger against both the euro and the dollar this morning after Governor of the Bank of England, Andrew Bailey, indicated that interest rates wouldn’t be cut in the coming weeks. There was speculation that the…

13 Jan 2021 by Christopher Nye

Pound backed strongly but will it last?

The pound hit midweek a whisker off its strongest rate since spring 2018 against the US dollar and over 2% stronger compared to last week against the euro. There is some evidence that the boost won’t last, so…

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USD 12 Jan 2021 by Christopher Nye

USD: Dollar takes a breather ahead of Fed speeches

There will be a series of speeches from Federal Reserve officials today, which could reveal their next move for monetary policy.

EUR 12 Jan 2021 by Christopher Nye

EUR: Disruption in Italian politics

In Italy, Prime Minister Giuseppe Conte faces a confrontation with his coalition partner Matteo Renzi that could topple his government.

GBP 12 Jan 2021 by Christopher Nye

GBP: BoE Tenreyro says more stimulus is needed

The pound has strengthened slightly against the euro and the dollar this morning, despite signals that the Bank of England could introduce negative interest rates at their February meeting.

12 Jan 2021 by Christopher Nye

BoE official in support of negative rates

Bank of England official, Silvia Tenreyro, said yesterday that the UK needs more monetary stimulus and explained that negative interest rates could help the economy. An interest rate cut could weaken the pound if this is introduced at…

USD 11 Jan 2021 by Christopher Nye

USD: US Treasury yields support dollar

The dollar is stronger this morning as US Treasury yields have risen and there is growing uncertainty over how long the Federal Reserve will keep their interest rates low.

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