US brands China a currency manipulator
The pound fell to a new 23 month low against the euro overnight and a 31 month low against the dollar, however has recovered slightly this morning.
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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
Tuesday, 6 August 2019
GBP / EUR
▼ 0.09%
1.1659
A transfer of €300,000 would cost
£243 more
today than yesterday.
GBP / USD
▲ 0.47%
1.3349
A transfer of $350,000 would cost
£1,225 less
today than yesterday.
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Dog days demand action
August is a funny month isn’t it? The “dog days” when, in the height of summer, the heat saps the energy. But then the occasional chill breeze just reminds us that autumn is only weeks away. It’s all…
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USD: Dollar weakens as China hits back
The dollar is weak against the euro and strong against the pound this morning.
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EUR: Euro strong ahead of PMI data
The euro is strong this morning, possibly benefitting from a weak pound and dollar.
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GBP: Pound weak as no-deal fears continue
The pound is weak against the euro and the dollar this morning, due to ongoing no-deal Brexit fears.
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Dollar weakens as trade tensions escalate
The pound continues its weak run this morning as no-deal Brexit fears prevail.
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USD: Trump ramps up tariffs on Chinese goods
The dollar weakened yesterday evening and this morning due to US-China trade developments. President Trump has said that he would ramp up tariffs on another $300 billion worth of goods at 10% from the 1st of September. This…
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EUR: Markets await Trump’s statement on EU trade
The euro is up against the pound this morning, after manufacturing figures came in better than expected yesterday. Today, the markets will be looking forward to retail figures, released at 10:00am, which are expected to show an increase…
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