USD: Dollar weaker ahead of jobs report
The ‘safe-haven’ demand for the US dollar decreased yesterday and is still low this morning due to positive news about the US economy.
Read more
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.
Latest update
Thursday, 2 July 2020
GBP / EUR
▲ 0.23%
1.1683
A transfer of €300,000 would cost
£580 less
between updates.
GBP / USD
▲ 0.57%
1.3443
A transfer of $350,000 would cost
£1,481 less
between updates.
Worried about your transfer?
Lock today's rate with a forward contract.
★ 4.8 on Trustpilot
FCA authorised
Trusted since 2004
EUR: EU unveils ‘safe list’
The European Union has excluded the US from its initial ‘safe list’ of countries from which the bloc allows non-essential travel to. The UK and four other non-EU countries are automatically considered as ‘safe’.
Read more
GBP: Manufacturing grows for the first time since February
After a weak start to the day, sterling strengthened slightly against the dollar yesterday afternoon. This was due to positive data from the US, which caused the greenback to edge lower, and UK manufacturing data that revealed a…
Read more
Markets look to US jobs report
Sterling strengthened slightly yesterday after a promising data release, which indicated that the economy may be starting to mend after enduring coronavirus-related disruption. This morning, the pound is still stronger against the dollar. The US also received some…
Read more
Six months until we leave Europe
There have been mixed signals regarding both the Covid crisis in the UK and the economy in recent days. One graph – British cases of Covid-19 and fatalities from it – appears to have stopped falling and levelled…
Read more
USD: Health officials warn that US is allowing virus to spread
The dollar gained modestly yesterday, as renewed virus fears prompted investors to turn to ‘safe-haven’ currencies such as the US dollar. Health officials across the US expressed concern about the US’ ability and willingness to end the coronavirus…
Read more
EUR: Eurozone data reveals state of economy
The euro weakened against the pound and dollar yesterday. This was partly due to the strength of the other two currencies. The single currency also suffered due to data showing that underlying price pressures have dropped again in…
Read more
GBP: Pound under pressure after brief uplift
After a poor start to the week, the pound strengthened against both the euro and the dollar yesterday. However, the bounce was short lived, as it was caused by technical factors such as month-end flows and option expiries.…
Read more
20+
Years helping property buyers
★ 4.8
Thousands of five-star customer ratings on Trustpilot.
FCA
Authorised, FRN 504509
£12bn+
Transferred for our customers