Euro – Daily Market Updates keep our customers aware of the latest Euro exchange rates, charts and rate changes in the major EUR cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.
Currency rates were extremely volatile last week as the coronavirus situation worsened day by day with various countries implementing ever-tougher measures to stop the spread of the disease.
Last update: 23 Mar, 2020
This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback’s traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.
Last update: 22 Feb, 2020
The strong start to the year for “risk-on” currencies is already a distant memory.
Posted: 3 Feb, 2020
The threat of a proxy war between the US and Iran in Iraq has pared back some of the recent gains of “risk-on” currencies.
Last update: 8 Jan, 2020
The British pound was the worst-performing major currency in the April-June period and remains “impossible to forecast” amid a Tory leadership battle that might force “no deal” or a general election.
Last update: 30 Jun, 2019
Lifted by oil, economic data and the Fed, the Canadian dollar has soared against the US dollar to a 16-week high and has reached even more impressive milestones against the pound, euro and Australian dollar.
Last update: 20 Jun, 2019
New research from the European Central Bank shows that banks charge smaller customers up to 25 times more for FX forward transactions and that those who fail to compare providers pay 14 times more for FX than those that do.
Last update: 17 Jun, 2019
The Australian dollar is at or near multi-month lows against a number of major currencies in spite of a rampant iron ore market — once a great influence on AUD.
Last update: 15 Jun, 2019
Investors dumped the US dollar on Friday after US jobs data came in well short of estimates and cemented expectations for lower US interest rates. In the coming months, the greenback might maintain its value based on safe haven inflows and looser monetary policies in other parts of the world.
Last update: 7 Jun, 2019
The operator of the world’s largest financial messaging system, SWIFT, has said it will trial real-time “gpi” cross-border payments using the European Central Bank’s TIPS platform. SWIFT gpi has been developed as an answer to distributed ledger payment technologies, most notably Ripple.
Last update: 29 May, 2019
The struggling Australian dollar will lose a further 5 percent of its value against the US dollar and pound before the year is out, and 3 percent against the euro and New Zealand dollar, Westpac predicted on Friday.
Last update: 25 May, 2019
The British pound fell on Wednesday for a record thirteenth consecutive day against the euro. The currency is taking a Brexit-induced beating days before May’s half-term school break — a popular time in the UK for family holidays.
Last update: 25 May, 2019
Five banks have been fined a collective €1.07 billion by the European Commission for running a “cartel” that manipulated foreign exchange rates for financial gain.
Posted: 16 May, 2019
The US-China trade war is hotting up and that’s bad news for the Australian dollar, which slipped on Monday to a 4-month low against the dollar, euro and yen.
Last update: 13 May, 2019
Constructive Brexit talks between UK politicians have imparted a sense of renewed optimism that has lifted the British pound to a 2-week high against the dollar and to a 3-week high against the euro.
Last update: 3 May, 2019
A turbocharged US dollar is likely to be “stronger for longer” after reaching long-term highs against a host of major currencies, including the euro, Swiss franc and Swedish krona.
Last update: 25 Apr, 2019
The Swiss franc continued its shocking run of form on Tuesday, slipping against the euro to its weakest level in 6 months.
Last update: 23 Apr, 2019
The euro hasn’t traded as low as US$1.08 since the early portion of 2017, but that’s where we’re heading within the next 3 months, analysts at ANZ believe.
Last update: 7 Apr, 2019
Developments this week make a “benign Brexit outcome” the most probable and offer reason enough to be favouring British pound appreciation for the foreseeable future, analysts at Bank of America Merrill Lynch have said.
Last update: 26 Mar, 2019
Given what should have been obvious advantages, the Australian dollar’s inability to gain against the US dollar last week is an ominous sign that suggests further Aussie depreciation in the near term.
Last update: 26 Mar, 2019
The US dollar crumbled on Wednesday after the Federal Reserve signaled it would keep interest rates unchanged throughout 2019, thereby backtracking on the two rate hikes it predicted in December.
Last update: 20 Mar, 2019
US jobs growth of only 20,000 in February, versus expected growth of 180,000, has allowed rest-of-the-world currencies to claw back ground against the US dollar which, until Friday, had been on a stellar run.
Last update: 9 Mar, 2019
The British pound has hit a 21-month high against the euro following increased speculation of a delayed Brexit and after Britain’s opposition party leader said he would now back a second referendum on EU membership.
Last update: 26 Feb, 2019
The British pound was in high demand on Tuesday ahead of an important meeting between British PM Theresa May and EU officials, at which investors are hoping for a Brexit breakthrough.
Last update: 23 Feb, 2019
Those intending to pick up euros this week should consider heeding warnings offered by MUFG. The bank expects the euro to move towards cheaper levels in the coming days and it would therefore be unwise to pay rates offered on Monday.
Posted: 18 Feb, 2019
The pound rejected sub-US$1.29 levels on Thursday even after the Bank of England slashed growth forecasts, indicating underlying strength. Analysts say that the pound will rally to buy US$1.40 should Theresa May secure the EU concessions needed to pass her Brexit withdrawal agreement.
Last update: 8 Feb, 2019
With a number of Australian data releases, RBA statements and forecasts on the economic calendar, the Australian dollar is likely to be in the headlines this week, for good or bad.
Last update: 3 Feb, 2019
The euro is under siege following disappointing data and news this week that Germany barely escaped a recession in 2018. The ECB will now wait longer before raising interest rates, analysts say; however, EUR/USD will still end the year higher. In South Africa, a prediction by the country’s central bank that interest rates will be raised only once before 2021 put an end to the rand’s great start to the year.
Last update: 19 Jan, 2019
Late last week, EUR/USD failed to hold gains above $1.15, disappointing traders who had hoped for a big breakout. For 2019, experts still believe in higher EUR/USD rates, although the euro will likely lose value relative to the pound on any soft-Brexit options. In the short term, too, it may be in trouble.
Last update: 12 Jan, 2019
The Singapore dollar weakened on Tuesday but is forecast to be the best performing Asian currency in 2019. In Europe, political uncertainties have driven funds into the Swiss franc, elevating its price. The SNB has re-affirmed its commitment to market interventions, which means EUR/CHF at Fr1.1 will be a difficult nut to crack.
Last update: 8 Jan, 2019
For the US dollar, analysts are predicting significant weakness in 2019. In contrast, the Canadian dollar will likely strengthen amid an energy market rebound, but under the same conditions the Indian rupee will slide to a record low. Cryptocurrencies, meanwhile, are trading higher but fail to inspire confidence.
Last update: 7 Jan, 2019
2019 will be a good one for the British pound, thinks a foreign exchange analyst at SEB. Recent depreciation is overdone, the analyst says, and will be corrected once markets begin to price in the improbability of a no-deal Brexit. Investors should expect a GBP/EUR rally into the mid-€1.17s or higher.
Last update: 3 Jan, 2019
Against the US dollar, the Australian dollar fell on Friday to within 0.1 percent of October’s low, a break of which will take the currency to its lowest level in more than 2 ½ years. Investors dumped the risk-sensitive Aussie after heavy selling in equities markets and as a US government shutdown became increasingly likely.
Last update: 22 Dec, 2018
The US dollar was sold heavily on Thursday in the aftermath of midweek announcements by the Federal Reserve. Though the Fed raised US interest rates by 25 basis points, as widely expected, it lowered its expectations for rate hikes in 2019, to the disappointment of dollar investors.
Last update: 20 Dec, 2018
Against a basket of currencies, the US dollar climbed on Friday to an 18-month high as investors sought safer assets in the aftermath of disappointing economic and political developments in Europe and China. Given a growing consensus for dollar weakness in 2019, now might mark an opportune moment for exchanging dollars into foreign currency.
Last update: 14 Dec, 2018
A referendum in Switzerland on Sunday will ask whether Swiss law should take precedence over international laws, particularly those coming from the EU. A vote by the people to take back legislative control would undoubtedly weaken the Swiss franc.
Last update: 24 Nov, 2018
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Last update: 13 Feb, 2020
Weakness in the Australian dollar since Friday is to be short-lived, experts at National Australia Bank have said. A rally in AUD/USD to 0.74 is on the cards, as are politically-driven moves in EUR/GBP and EUR/CHF towards 0.92 and 1.2.
Last update: 20 Nov, 2018
The Australian dollar is benefitting from disarray in Europe and upbeat employment data. The day’s biggest news comes from Europe, though, where the British pound suffered one of its largest intraday declines in recent years following the resignation of the UK’s chief Brexit negotiator.
Last update: 15 Nov, 2018
Political risks continue to weigh on the euro, which slipped on Monday to a 16-month low against the dollar. We’ll likely see an even weaker euro later in the week but long-term prospects for the currency look good, analysts say.
Last update: 12 Nov, 2018
The mood was buoyant in foreign exchange markets on Thursday following news that the UK has achieved a deal with the EU on financial services that would give London’s banks continued access to European markets post-Brexit. Together with the pound, currencies that benefit from the switch to “risk on,” like the Australian dollar and New […]
Last update: 1 Nov, 2018
Developments outside the US allowed for the dollar to appreciate against a basket of currencies to a sixteen-month high on Wednesday. The ICE-maintained US dollar Index, which provides a weighted-mean measure of the greenback’s value against the euro, British pound, Swiss franc, Canadian dollar, Japanese yen and Swedish krona, traded above 97.0 for the second […]
Last update: 31 Oct, 2018
The Canadian dollar received a significant boost on Wednesday after the Bank of Canada said it would “need to raise [interest rates] to a neutral stance to achieve the inflation target.” As widely expected, the BoC also hiked its benchmark rate by 25 basis points to 1.75 percent. The Canadian dollar strengthened by nearly a […]
Last update: 24 Oct, 2018
All eyes on Wednesday will be on the meeting between EU leaders and British Prime Minister Theresa May in Brussels, at which some still hope a Brexit deal might be struck. Expect volatility in sterling and euro rates throughout the evening. Meanwhile, the Swedish krona continues to outperform in Europe on expectations for tighter Riksbank policy.
Last update: 23 Oct, 2018
The Brexit-driven EUR/GBP exchange rate opened on Monday at a 3 ½-month low as investors continue to bet on the UK and EU striking a deal. Against the dollar, the euro will be worth as much as 13 percent more next year, according to a new forecast from ING.
Last update: 8 Oct, 2018
The US dollar was the best of the majors on Thursday—it broke to a nine-month high versus the yen and forced a retreat in the Australian dollar back to the low $0.72s. In Hong Kong, commercial lending rates have been raised for the first time in twelve years, indicating the beginning of the end for cheap money in the region.
Last update: 27 Sep, 2018
The Federal Reserve raised the upper level of US interest rates to 2.25 percent on Wednesday, as widely expected, while also dropping longstanding terminology from its statement relating to the “accommodative” level of monetary policy. The dollar was volatile as a result.
Last update: 26 Sep, 2018
A gain last week of 1.9 percent marked the Australian dollar’s best weekly performance versus the US dollar since December. The Aussie rebound continued with a touch of the $0.73 handle on Friday. Australia’s currency had been worth less than $0.71 just 10 days earlier. It settled for the week at $0.7285. Further to gains […]
Last update: 22 Sep, 2018
The British pound has been sold widely on Friday following Thursday’s comprehensive rejection by EU leaders of the UK’s proposed Brexit deal—the “Chequers” plan. The Chequers plan, which outlines terms for the UK’s departure from the EU and which includes a “combined customs territory” on the Irish border, “would not work,” said European Council President […]
Posted: 21 Sep, 2018
There was widespread relief among emerging market investors on Thursday after the Turkish central bank finally raised interest rates to protect the embattled lira. Elsewhere, the dollar lost value for a fourth consecutive day and ethereum stabilized after a ten-day fall.
Posted: 13 Sep, 2018
The Norwegian krone was the best performing G10 currency on Monday. The krone benefitted from better-than-expected inflation data and an uptick in European sentiment that followed this weekend’s Swedish election and Michel Barnier’s prediction that a Brexit deal will be concluded within 6-8 weeks.
Last update: 13 Sep, 2018
The euro fell sharply against the British pound on Friday after the EU’s chief Brexit negotiator, Michel Barnier, said he was determined to strike a deal with the UK. A near-perfect Head and Shoulders pattern now indicates a move in EUR/GBP into the high 0.87s.
Posted: 7 Sep, 2018
A better-than-expected print for Australian GDP growth was unable to prevent further Australian dollar weakness on Wednesday. After a short-lived jump on the 0.9 percent second-quarter reading (0.7 percent growth expected), the Aussie fell early in the European session to a two-year low of 71.45 US cents. In the hours following GDP, it also lost […]
Posted: 5 Sep, 2018
The rand fell sharply on Tuesday following news that South Africa has entered a recession. The dollar, meanwhile, continues to react favourably whenever the spotlight is turned towards US tariffs and a potential trade conflict with China.
Posted: 4 Sep, 2018
The currency situation in Argentina is becoming desperate. In a single three-hour period on Thursday, the Argentine peso shed 19 percent of its value as it slid to 41.47 to the dollar. The peso had already lost 45 percent since January. With the peso’s spiral downwards, default risk in Argentina moves ever higher, resulting in […]
Last update: 31 Aug, 2018
It was a cracking week for the euro. Boosted by soft rhetoric from Fed Chairman Jerome Powell and confidence-boosting July-meeting minutes from the ECB, the euro gained against all other G10 currencies.
Last update: 25 Aug, 2018
Pound Sterling (GBP) Exchange Rates Fall as No-Deal Brexit Detailed Pound (GBP) exchange rates weakened on Thursday afternoon after the UK government published papers revealing what a no-deal Brexit would spell for the economy, leaving GBP investors cold. Sterling thereafter saw a mass sell-off, despite the currency gaining in markets following the CBI distributive trades […]
Posted: 24 Aug, 2018
Pound Sterling (GBP) Exchange Rates Range-Bound as Brexit Doubt Plagues Markets The Pound (GBP) was trading in a narrow range against most major currencies during Wednesday’s session as Brexit jitters plagued markets, effectively muting Sterling gains. GBP may again struggle to attain momentum today if Brexit uncertainty persists, with politicians coy and economists split on […]
Posted: 23 Aug, 2018
Pound Sterling (GBP) Exchange Rates Advance amid Brexit Uncertainty The Pound (GBP) showed signs of flipping its fortunes during Tuesday’s session, with the currency strengthening against most of its major peers. Some analysts believed this to be due to a much-improved UK public borrowing figure for last month, although the boost to GBP came shortly […]
Posted: 22 Aug, 2018
The US dollar continues to fall from long-term highs. Tuesday marked the fourth consecutive trading day of declines for the Dollar Index, which traded at a fourteen-month high of 97.0 last week. Approaching the end of Tuesday’s European session, the index had slumped into the 95.40s. The dollar was affected for the worse on Monday […]
Posted: 21 Aug, 2018
Pound Sterling (GBP) Exchange Rates Unstable amid Lull in Brexit News The Pound (GBP) mostly fared well on Monday thanks to a stall in new Brexit headlines, with investors seemingly adopting the stance that ‘no news is good news.’ However, this lull for Sterling may not last unless concrete progress is made in Brexit negotiations […]
Last update: 21 Aug, 2018
Pound Sterling (GBP) Exchange Rate Woes Exacerbated by Brexit Fears The Pound (GBP) had a difficult end to Friday’s session as Brexit re-entered the limelight, seeing Sterling exchange rates show signs of a downturn. Following the continuation of Brexit talks on Thursday, Danish Finance Minister Kristian Jensen expressed concerns that the UK might not strike […]
Posted: 20 Aug, 2018
Pound Sterling (GBP) Exchange Rates Firm after Decline in Unemployment Pound (GBP) exchange rates traded in a narrow range yesterday as market focus shifted from Brexit onto the more pressing economic turmoil in Turkey. The lack of recent Brexit developments and lull in domestic data saw the Pound lacking forward momentum, meaning Sterling instead derived […]
Last update: 15 Aug, 2018
Pound Sterling (GBP) Exchange Rates Muted after Lacklustre GDP The Pound (GBP) struggled to get out from under the heel of markets on Friday, with the UK’s latest GDP figures not enough to inspire a Sterling rally. The 0.4% growth in the second quarter – up from 0.2% in the first – failed to help […]
Posted: 13 Aug, 2018
The US dollar and Japanese yen soared on Friday as traders fled risk-sensitive currencies. Turmoil in emerging market FX is being led by the Turkish lira, which fell 15 percent in twelve hours after President Trump doubled tariffs on Turkish steel and aluminium imports.
Last update: 5 Dec, 2018
Pound Sterling (GBP) Exchange Rate Recoups Losses following Mass Sell-Off The Pound (GBP) managed to rally yesterday after a large-scale offload by investors in the beginning of the week saw its value plummet. With no UK news to focus on yesterday economists speculate that the principle reason behind GBP’s recovery was that the initial sell-off […]
Posted: 10 Aug, 2018
Pound Sterling (GBP) Exchange Rate Battered by Brexit Tension The Pound (GBP) was forced further into submission yesterday, hitting its lowest levels in months against major peers like the US Dollar and Euro due to no-deal Brexit dread dominating market sentiment. Jitters caused by the increasing likelihood of an unamicable UK-EU split have been exacerbated […]
Posted: 9 Aug, 2018
Pound Sterling (GBP) Exchange Rates Quiet after UK House Price Revelation Following a decline in Pound (GBP) exchange rates on Monday, which pushed GBP/EUR close to a nine-month low, Sterling found some respite yesterday after the publication of the UK’s House Price Index for July. The reported 3.3% increase in house prices beat the projected […]
Posted: 8 Aug, 2018
GBP Exchange Rates Sent into a Tailspin Following Minister’s Gloomy Comments Pound Sterling (GBP) exchange rates fell early on Monday after International Trade Secretary Liam Fox stated that he believed a no-deal Brexit is now the most likely outcome for the UK. GBP investors were left in the cold following Fox’s suggestion that there is […]
Last update: 7 Aug, 2018
Entering the second trading week of August, the Canadian dollar remains at or near multi-month highs against many of the world’s major currencies. The “loonie” has been well supported since the end of June following a hawkish repricing of Canadian interest rate expectations.
Posted: 6 Aug, 2018
The Australian dollar was the best performing major during Friday’s European session. The “Aussie” rallied by as much as 0.8 percent to rates above 74 US cents after robust Australian economic data.
Last update: 3 Aug, 2018
Pound Sterling (GBP) Exchange Rate Plummets Following Dovish BoE Rate Claims The Pound (GBP) weakened considerably against almost all major currencies despite the Bank of England (BoE) raising interest rates for just the second time in almost a decade. A vote of 9-0 among the policymakers of the Monetary Policy Committee was initially believed to […]
Posted: 3 Aug, 2018
The US dollar made inroads against most of the world’s currencies on Thursday as trade fears forced investors into safer assets.
Last update: 2 Aug, 2018
Pound Sterling (GBP) Exchange Rate Steady in Anticipation of Rate Hike The Pound (GBP) is remaining steady today as investors wait to see whether the Bank of England (BoE) will raise interest rates by a projected 25 basis points. Investors are reluctant to trade GBP in light of uncertainty surrounding the outcome of the BoE’s […]
Posted: 2 Aug, 2018
Pound Sterling (GBP) Exchange Rates Steady ahead of BoE Rate Decision The Pound (GBP) trended narrowly on Tuesday in anticipation of the Bank of England’s (BoE) interest rate decision on Thursday, which may see a 25 basis point increase. There is still some uncertainty, however, making investors hesitant to go long GBP before the decision […]
Posted: 1 Aug, 2018
Pound Sterling (GBP) Exchange Rates Hold Firm after Positive Mortgage Data Pound Sterling (GBP) traded narrowly on Monday following the release of monthly UK mortgage figures, which saw an increase in both approvals and lending over the previous month. This boost enabled Sterling to avoid losses. A further boost was received from the Europe Business […]
Posted: 31 Jul, 2018
Pound Sterling (GBP) Exchange Rate Flatlines after Brexit Brick Wall Pound Sterling (GBP) saw a stall in trade late last week following news that Michel Barnier, the EU’s Brexit negotiator, had rejected Theresa May’s customs proposals. This dealt a significant blow to the Chequers plan and hampers the likelihood that Brexit negotiations with the EU […]
Posted: 30 Jul, 2018
Pound Sterling: GBP Trade Mixed after Brexit ‘Stockpile’ Warning On a day without much UK economic data, the Pound has appreciated against the Euro but fallen by -0.4% against the US Dollar. This mixed performance follows news that the UK government is planning to stockpile food and medicine if there is a ‘no-deal’ Brexit. Although […]
Posted: 26 Jul, 2018
Trade tensions were eased on Wednesday after the US announced it had agreed to work towards zero tariffs on “non-auto industrial goods” with the European Union. Unlike equity markets, which rallied strongly on the news, FX markets were little changed on Thursday morning.
Posted: 26 Jul, 2018
Ahead of important trade talks in Europe and Washington, the Mexican peso traded on Wednesday at its strongest level in nearly three months, at 18.7 to the dollar. The peso also rallied to its best level this year versus the euro, at 21.9.
Posted: 25 Jul, 2018
Pound Sterling: GBP Static on BoE Rate Hike Speculation On a relatively quiet day for UK economic news, the Pound has been trading in a narrow range against the Euro and US Dollar. This lack of movement comes as GBP traders consider whether Bank of England (BoE) policymakers will commit to raising interest rates next […]
Posted: 25 Jul, 2018
Pound Sterling: GBP Appreciates on Higher UK Manufacturing Output The Pound has advanced against the Euro and the US Dollar today, mainly on a positive reaction to the latest Confederation of British Industry (CBI) data. Although UK business optimism has fallen, industrial orders data has been more supportive by showing higher output during July. Pound […]
Posted: 24 Jul, 2018
The Japanese yen has been the star performer of recent days and by Monday afternoon in London it was once again trading higher against most of the world’s currencies. When last seen, USD/JPY stood at 111.
Last update: 7 Sep, 2018
Pound Sterling: GBP Damaged by UK Sales Upset The Pound has continued its losing streak this week, falling against the Euro, US Dollar and most other peers. Today’s losses are down to UK retail sales figures for June, which have shown a month-on-month drop into a negative range. Economists had been expecting slower economic activity, […]
Posted: 19 Jul, 2018
The Swiss franc remains overvalued at the current rate of 1.16 francs per euro, said Swiss finance minister Ueli Maurer on Wednesday, but the currency is finally at levels that Switzerland “can live with.”
Last update: 19 Jul, 2018
Pound Sterling: GBP Exchange Rates Steady between UK Wage and Inflation Data The Pound (GBP) has made a minimal advance against the US Dollar today, but has otherwise held close to opening levels against peers including the Euro. This lack of definitive movement is down to the morning’s UK wage growth data, which has revealed […]
Posted: 17 Jul, 2018
Pound Sterling: GBP Appreciates after Positive UK GDP Stats The Pound has largely been supported by residual GBP trader optimism today, appreciating against the Euro and other peers but dipping against the US Dollar. This movement has been caused by Tuesday’s UK GDP data, which proved supportive by showing tentative growth during May compared to […]
Posted: 11 Jul, 2018
Traders offloaded Chinese yuan and Australian dollars on Wednesday after the US government said it would introduce 10 percent tariffs on a further $200 billion worth of Chinese goods.
Last update: 11 Jul, 2018
Pound Sterling: GBP Bounces Back on Low Odds of Leadership Challenge The Pound has been volatile over the past 24 hours, initially declining against the Euro and US Dollar on Monday before staging a recovery today. These fluctuations were caused by the resignation of Brexit Secretary David Davis and Foreign Secretary Boris Johnson. Mr Johnson’s […]
Posted: 10 Jul, 2018
The Pound has defied the odds today and appreciated against the Euro, the US Dollar and a number of other currency peers.
Last update: 9 Jul, 2018
The Canadian dollar will weaken to 1.35 to the US dollar should the Bank of Canada surprise investors on Wednesday by keeping interest rates on hold, says the latest research report from BNP Paribas.
Last update: 7 Jul, 2018
The Swedish krona is on course for a fourth consecutive day of gains as investors continue to respond with positivity to this week’s revised inflation forecasts.
Last update: 7 Jul, 2018
Pound Sterling: GBP Trades Higher after BoE Governor’s Speech The Pound has held close to opening levels against the Euro today, but has elsewhere advanced against the US Dollar. The uptick is down to the latest comments from the Bank of England’s (BoE) governor Mark Carney, who has been speaking in Newcastle today. Mr Carney […]
Last update: 5 Jul, 2018
In late June 2018, Transferwise introduced a new fee structure for Eurozone foreign transfers (from EUR) … and as always with Transferwise its complicated so we will break it down for you!
Last update: 16 Feb, 2019
Pound Sterling: GBP Drops on Brexit Worries The Pound has shown signs of weakening today, falling against the Euro, the US Dollar and most other peers in the lull before a two-day meeting of EU leaders. The summit, taking place today and on Friday, will include Brexit as a topic and there are worries that […]
Last update: 29 Jun, 2018
Bank of England Cites Perceived Threats of Brexit Withdrawal Process – Pound (GBP) Exchange Rates Encumbered Sterling was trading on a poor footing against the majors on Wednesday morning, falling as investors responded to the Bank of England’s (BoE) latest financial stability report. According to the bank, progress has been made to prepare the UK’s […]
Last update: 2 Jul, 2018
BoE’s Haskel Takes Mixed Policy Stance – Pound (GBP) Exchange Rates Fluctuate The Pound (GBP) has posted a mixed performance on Tuesday morning, rising as market anticipation for a Bank of England (BoE) rate rise rose to 70%, but falling later as Johnathan Haskel – Ian McCafferty’s soon-to-be replacement on the Monetary Policy Committee – […]
Last update: 27 Jun, 2018
Brexit Headlines in the Spotlight this Week for Pound (GBP) Exchange Rates The Pound (GBP) proved volatile on Monday, falling against the majors initially before rising into the afternoon. Lacking much in the form of salient UK data, investors were largely responding to changing macroeconomic factors relating to the US and Eurozone economies, with news […]
Last update: 29 Jun, 2018
Investor Anticipation for an August BoE Rate Rise Increases – Pound (GBP) Exchange Rates Rise Sterling (GBP) posted a mixed performance against the majors on Friday morning, steadying against the Euro and the Australian Dollar whilst rising against the ‘Greenback’ and the Canadian Dollar. Investors remained rather upbeat about the trajectory of the Pound, with […]
Last update: 27 Jun, 2018
Bank of England Rate Decision Looms – What can we expect for the Pound (GBP)? Sterling was trading on poor terms against the majors on Thursday morning, limited by investor caution ahead of the June Bank of England (BoE) rate decision. Analysts are almost entirely of the same mind that a rate hike will not […]
Posted: 21 Jun, 2018