Recent Entries

  • Pound suffers stunning fall amidst increased Brexit risks

    Pound suffers stunning fall amidst increased Brexit risks   We have seen significant volatility in currency markets over the past couple of weeks, particularly in the pound as a result of heightened Brexit uncertainty. This has resulted in GBP/EUR sliding from 1.10 to 1.09, and propelled EUR...
  • Pound plunges as UK’s Brexit rhetoric stokes no-deal fears

    Pound plunges as UK’s Brexit rhetoric stokes no-deal fears   The start of September brought notable volatility in the currency market, particularly for the pound amidst fresh Brexit jitters. So far this month we have seen GBP/EUR retreat from 1.12 to 1.10 and EUR/GBP rally to 0.90. Me...
  • US dollar rebounds from 2-year low

    US dollar rebounds from two-year low as the global recovery begins to show cracks Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…  Latest currency news  The...
  • US dollar nosedives boosting the pound

    US dollar nosedives boosting the pound   The past couple of weeks have been marked by a heavy sell-off of the US dollar, which has allowed the pound to surge. During this time, we’ve seen GBP/EUR climb from €1.09 to €1.10 and EUR/GBP slide to £0.90. Meanwhile, GBP/USD ...
  • Will weak Eurozone GDP figures weigh down buoyant Euro?

    Will weak Eurozone GDP figures weigh down the buoyant Euro? In recent weeks, the pound has gained ground on growing hopes for Britain’s economic recovery, while the euro surged on the EU’s agreement of a €750 billion recovery fund. The GBP/EUR exchange rate dipped from highs of &e...
  • Pound rallies as markets welcome the UK’s new stimulus package

    Pound rallies as markets welcome the UK’s new stimulus package   The past couple of weeks have seen a notable recovery in the pound, in response to an improving market mood and the announcement of a new UK stimulus package. During this time, we’ve seen GBP/EUR climb from €1....
  • Second wave fears drive volatility in currency markets

    Second wave fears drive volatility in currency markets   The past couple of weeks have been marked by some notable volatility in currency markets, amidst growing concerns that we face a coronavirus resurgence.  During this time, we’ve seen GBP/EUR slump from 1.11 to 1.09 and EUR/G...
  • Pound stabilises on hopes for Brexit deal

    The pound euro exchange rate has been trading statically at €1.11, while the GBP/USD exchange rate has recovered from $1.22 to $1.26.  EUR/GBP is unchanged at £0.89, but EUR/USD has pushed up from $1.08 to $1.12.  Staying up to date with the latest currency news can help you t...
  • Euro surges on EU’s Next Generation plan optimism

    Euro surges on EU’s Next Generation plan optimism   Hopes that the global economy is starting to recover as countries ease lockdown measures boosted market optimism last week. However, US-China trade tensions have capped some risk appetite and lingering Brexit concerns are weighing on t...
  • GBP/EUR drops to six-week lows

    GBP/EUR drops to six-week lows, coronavirus crisis still driving movement    The economic impact of the coronavirus pandemic has been the main driver behind currency movement over the past few weeks.  Last week saw the release of the UK’s latest flash GDP figure, which fell b...
  • Coronavirus uncertainty rocks currency markets in April

    Coronavirus uncertainty rocks currency markets in April   After experiencing wild fluctuations in March, the currency market was generally much calmer in April and the major exchange rates have been trading in fairly narrow ranges.  GBP/EUR continues trading in the region of 1.14 while ...
  • Coronavirus uncertainty rocks currency markets in April

    Coronavirus uncertainty rocks currency markets in April The past couple of weeks have been marked by some notable volatility in currency markets as the coronavirus crisis continues driving sentiment. During this time, we’ve seen GBP/EUR climb from 1.13 to 1.14 and EUR/GBP slip to 0.87. Mea...
  • Euro fluctuates in the face of EU ‘coronabonds’ division

    Euro fluctuates in the face of EU ‘coronabonds’ division    Coronavirus developments and March’s economic reports have continued dictating market sentiment in recent weeks, resulting in significant currency volatility.  The GBP/EUR exchange rate rose from lows of ...
  • Coronavirus panic turbocharges the US dollar, Pound collapses

    Coronavirus panic turbocharges the US dollar, pound collapses to 35-year low There has been some dramatic movement in the currency market over the last couple of weeks as it was rocked by the spread of the coronavirus.  During this time, we’ve seen GBP/EUR tumble from 1.15 to 1.07 and E...
  • Coronavirus panic & collapse in oil prices prompt market chaos

    Coronavirus panic and collapse in oil prices prompt market chaos   Coronavirus headlines have dominated market sentiment in recent weeks, resulting in some significant volatility in currency markets. Over this period we’ve seen GBP/EUR slump from 1.19 to 1.15 and EUR/GBP accelerate to ...
  • Brexit uncertainty and Budget expectations

    Brexit uncertainty and Budget expectations infuse volatility in the pound The pound has traded in a wide range over the past couple of weeks as speculation over the UK’s upcoming Budget and lingering Brexit uncertainty dominated movement in the pairing. This has seen GBP/EUR trade between 1...