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.

USD 18 Sep 2020 by Christopher Nye

USD: Dollar slips further

The dollar had further losses against EUR as the markets continued to process yesterday’s Federal Reserve comments that allow for a more relaxed stance on inflation.

EUR 18 Sep 2020 by Christopher Nye

EUR: Commission president “convinced” of success

The single currency gained almost 1% on USD yesterday but after a strong start ended the day weakening against sterling.

GBP 18 Sep 2020 by Christopher Nye

GBP: Pound swings low on negative rates fears

The Bank of England will “begin structured engagement on the operational considerations in 2020 Q4”. That’s the phrase in the minutes accompanying today’s interest rate decision that saw sterling tumbling at midday yesterday.

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18 Sep 2020 by Christopher Nye

Evidence points to V-shaped recovery

Sterling staged its own V-shaped recovery yesterday, dropped sharply against all major currencies following comments from the Bank of England that it is preparing for negative interest rates, but recovering close to where it started by the close,…

USD 17 Sep 2020 by Christopher Nye

USD: Fed promises further support

Following comments by Fed Reserve chairman Jerome Powell that the new inflation target is “moderately above 2%” – a more dovish stance – the dollar rose slightly against the euro.

EUR 17 Sep 2020 by Christopher Nye

EUR: Europe promised green and healthy future

The single currency strengthened against the US dollar during the morning session before dropping by nearly a cent during the afternoon session. It also ended the day around 1% weaker against sterling.

GBP 17 Sep 2020 by Christopher Nye

GBP: Sterling gains across the board

GBP strengthened by around 1% on news of a potential compromise on the Internal Markets Bill. However, this falls short of a U turn and may not be enough to satisfy other powers, including both EU and US…

17 Sep 2020 by Christopher Nye

Sterling gains on suggestion of compromise

America’s central bank kept interest rates on hold at 0.25% as expected, but said it would be continuing to support the economic recovery with prolonged low interest rates.

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