USD: $908bn stimulus package proposed
A bipartisan group of US senators has proposed a $908bn stimulus bill in an attempt to get the ball rolling on securing a stimulus package to help the US economy.
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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, 3 December 2020
GBP / EUR
▼ 0.17%
1.1667
A transfer of €300,000 would cost
£449 more
today than yesterday.
GBP / USD
▼ 0.49%
1.3425
A transfer of $350,000 would cost
£1,276 more
today than yesterday.
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EUR: PMI data for Germany and the Eurozone today
Today, PMI data for Germany and the Eurozone will be released, which should serve as a good indication of how these economies performed in November.
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GBP: Brexit jitters ahead of trade deal deadline
The pound fell sharply overnight against both the euro and the dollar but has made some recovery this morning. This comes after reports that French officials want EU officials to say talks have failed unless the UK concedes…
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Brexit headlines impact pound
As we approach the deadline to secure a trade deal, Brexit related headlines are driving the pound. The pound weakened overnight against both the euro and the dollar on reports of Brexit jitters between the two sides, including…
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USD: Powell urges Congress for more fiscal help
Federal Reserve Chair, Jerome Powell, testified in front of Congress yesterday. He warned that the US economy is still in a fragile state and pressured Congress to provide more fiscal help.
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EUR: Positive German retail sales data
Retail sales data for Germany was released this morning, showing that sales jumped 2.6% month-on-month in October.
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GBP: Barnier preps leaders for no-deal
The pound has weakened due to reports that the EU’s Chief Negotiator, Michel Barnier, is due to brief EU leaders on the possibility that there may end up being no deal by the end of the year.
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Pound weaker on trade deal doubts
The pound has weakened against the euro and the dollar this morning on reports that cast doubt over a Brexit trade deal being secured before the December 31 deadline. The EU’s Chief Negotiator has told the 27 EU…
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