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.

13 Aug 2020 by Christopher Nye

Pound weaker against euro on economic concerns

The pound is still strong and largely unchanged against the dollar, despite GDP data yesterday which revealed that the UK economy has gone into recession. However, sterling is weaker against the euro this morning as data shows that…

12 Aug 2020 by Christopher Nye

Economy in recession – but the pound stays strong

The pound is still strong against both the euro and the dollar this morning after GDP data was released. As expected, the data shows that the UK economy has fallen into recession, shrinking 20.4% in the second quarter…

USD 12 Aug 2020 by Christopher Nye

USD: Dollar awaits inflation data

Despite benefitting from its safe-haven status earlier in the day, the dollar was weaker against the euro and pound yesterday. This was mostly due to data releases from the UK and EU.

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EUR 12 Aug 2020 by Christopher Nye

EUR: Economic sentiment figures support euro

The ZEW Indicator of Economic Sentiment for Germany jumped by another 12.2 points from the previous month to 71.5 in August, the highest since January 2004 and well above market expectations of 58.

GBP 12 Aug 2020 by Christopher Nye

GBP: GDP data shows June bounce-back

There has been a series of data releases for the UK this morning, including UK GDP data. The data showed that the economy shrank by 20.4% in the second quarter of this year and 21.7% year-on-year, which was…

12 Aug 2020 by Christopher Nye

Pound still strong after GDP data

The pound is still strong against the euro and the dollar this morning after GDP data was released. The data came in roughly as expected, showing that the economy has fallen into recession for the first time in…

USD 11 Aug 2020 by Christopher Nye

USD: US-China tensions increase before meeting this week

The dollar remained weaker against the pound but rose to a one-week high against the euro yesterday, due to an escalation of tensions between the US and China.

EUR 11 Aug 2020 by Christopher Nye

EUR: Economic sentiment figures due today

The Economic Senitment Index for the Eurozone and Germany will be released today. It measures the level of optimism that analysts have about the expected economic developments over the next 6 months.

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