SendMoney.org.uk

Compare exchange rates, send money abroad and online

Wed 24 May 2017 03:09 GMT

Latest Currency Headlines at SendMoney.org.uk

The latest FX market information, future forecasts, predictions, analysis and currency headlines from the leading FX professionals here at Send Money UK. Should you have a question on a currency exchange transaction you're looking to do in the near future, please use the contact us form to speak to a currency broker for assistance. Meet the team behind SendMoney news or contact them with any feedback

Neutral BoE Prompts Pound Slump, US Dollar Steadies on Solid Jobless Claims Figures Published: 11 May at 3 PM
Pound Sterling Thursday was not a positive day for the Pound, as markets were unimpressed to find that no other Bank of England (BoE) policymakers had joined noted hawk Kristin Forbes in voting for an interest rate hike. While the Bank’s forecasts remained largely unchanged this was accompanied by the caution that these projections are...
Pound Rallies as UK Services Sector Grows against Forecasts Published: 4 May at 5 PM
Pound Sterling (GBP) After the UK services PMI rose instead of falling as forecast, the Pound rallied against the Euro and US Dollar. The GBP EUR exchange rate has since fallen due to a strong Euro, but the Pound remains in high demand against other peers. The services sector is the largest in the UK, so this unexpected growth has been...
Pound Sentiment Mixed as Construction PMI Beats Expectations Published: 3 May at 4 PM
Sterling The Pound (GBP) rallied against the majority of its peers on Wednesday morning as the UK released a better than expected Construction PMI, with activity rising from 52.2 to 53.1 in April. However Sterling began to recede against many of its peers by the afternoon as the UK government clashed with the EU over a report that the...
Euro Surges as Polls Forecast Landslide Macron Presidential Victory Published: 25 Apr at 5 PM
Pound Sterling (GBP) The Pound has fallen by -0.2% against the Euro but risen by 0.4% against the US Dollar today. This uncertain movement follows the news that the UK’s annual borrowing deficit in March is the lowest since the late 2000’s. While this historic figure has raised the Pound’s value, other borrowing data has seen the...
Pound Tumbles from Weekly Highs as Consumer Credit to be Limited in Q2 Published: 13 Apr at 5 PM
Sterling The Pound (GBP) trended down against most of its peers on Thursday, as the Bank of England (BoE) reported that UK lenders were likely rein in consumer credit over the next quarter. According to the report creditors are expected to tightening their lending to the lowest levels seen since the 2008 financial crisis. While the BoE...
Initial Pound Strength Gives Way to Uncertainty as Brexit Begins Published: 29 Mar at 5 PM
Pound Sterling (GBP) The most volatile of the major currencies today, the Pound initially dropped when Theresa May began Brexit proceedings on Tuesday night. As the Article 50 trigger was heavily priced in, however, these losses were shortlived and Sterling soon recovered. With Brexit now officially underway and negotiations imminent, the...
Pound Strengthens After Upbeat Retail Sales Published: 23 Mar at 4 PM
Sterling The Pound (EUR) drifted higher against most of its peers today following the release of the UK’s latest Retail Sales figures. Data compiled by the ONS showed that sales surged from -0.5% to 1.4% in February, sailing past initial forecasts that sales would only show 0.4% growth. However Sterling was forced to cede some of...
Sterling Supercharged by Split In BoE Interest Rate Vote Published: 16 Mar at 2 PM
Pound Sterling (GBP) The Pound has been today’s surprise currency contender, with initial estimates of a quiet day’s trading getting blown out of the water by a surprise Bank of England (BoE) policymaker split. What was forecast to be a routine BoE interest rate decision turned out to be anything but, with Kristin Forbes dissenting...
US Dollar Muted due to High Fed Hike Odds, Pound Flounders on Contracting Production Published: 10 Mar at 12 PM
Pound Sterling Despite the UK visible trade balance narrowing from -10.9 billion to -10.8 billion the mood towards the Pound did not improve on Friday. Sterling instead weakened in response to fresh contractions in construction and manufacturing output, which together offered further evidence that the economy is in less-than-robust health....
Euro Recovers as Markets Soft on USD, CAD Before Trump Speech Published: 27 Feb at 5 PM
Pound Sterling (GBP) Pound Sterling has tumbled on new fears over the looming start of the UK’s Brexit. Rumour has it that the government expects Scotland to demand another referendum on its independence from the United Kingdom. Considering voters in Scotland chose by a solid majority to remain a part of the EU, investors fear that...

Recent Financial News

Here's the latest Google News stories for sending money abroad related news.

  • Pound to Euro Rate seen @ 1.10 by Technical Analyst - Pound Sterling Live23 May at 3 PM

    Pound Sterling LivePound to Euro Rate seen @ 1.10 by Technical AnalystPound Sterling LivePound Sterling has edged higher through the course of a day that has seen the United Kingdom try to come to terms with an horrific terrorist attack that killed 22 people in Manchester. We have noted that the attack had little dicernable impact on the ...Pound Euro Exchange Rate Under Pressure as UK Polls Show Narrowing Tory LeadFuture Currency Forecastall 145 news articles »

  • Pound Sterling Rises Despite Manchester Attacks - Here is Why - Pound Sterling Live23 May at 2 PM

    Pound Sterling LivePound Sterling Rises Despite Manchester Attacks - Here is WhyPound Sterling LiveIn fact the currency has recovered through the course of the day. ... The event has however seen campaigning for the upcoming general election cease which should take away an element of uncertainty in the British Pound exchange rate complex. Recall ...and more »

  • What you should do before repatriating proceeds from your foreign property sale - Express.co.uk23 May at 11 AM

    Express.co.ukWhat you should do before repatriating proceeds from your foreign property saleExpress.co.ukThis is because you will need to transfer the foreign currency proceeds of the sale back into pounds. This exposes you to the volatility of the currency markets, with fluctuating exchange rates able to drastically change the amount of money you ...

  • Three reasons to use a foreign-exchange specialist to send money abroad - Telegraph.co.uk22 May at 2 PM

    Telegraph.co.ukThree reasons to use a foreign-exchange specialist to send money abroadTelegraph.co.ukAs exchange rates change minute to minute, it can be difficult to compare, but using an uncompetitive provider like your high-street bank may end up costing more than you bargained for. Using a foreign-exchange specialist typically provides better rates.

Live Exchange Rates