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Thu 30 Mar 2017 03:45 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

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...
National Jobs Stats Alarm Investors, Australian Dollar Value Plummets Published: 16 Feb at 4 PM
Pound Sterling (GBP) The Pound has been an unstable option for investors today, having risen by 0.3% against the US Dollar but dropped by -0.4% against the Euro. Recent UK domestic data, inflation rate stats and earnings data, remains from previous days as dominant factors. Ending the UK’s week will be Friday’s retail sales figures...
Promises of Clear Trump Tax Plans Boost US Dollar Performance against Peers Published: 13 Feb at 5 PM
Pound Sterling (GBP) The Pound has rallied against peers today, ahead of a potentially uncomfortable run of UK inflation and earnings figures. Inflation is expected to rise on Tuesday, but earnings on Wednesday are predicted to remain at their previous level of growth. If earnings happen to drop, this could well weaken Pound demand due to...
Pound Sterling Rallies Today as Global Economic Uncertainty Raises GBP Attraction for Investors Published: 9 Feb at 5 PM
Pound Sterling (GBP) While major UK developments have taken place recently, Sterling has weathered any negative effects, rising by 0.4% against the Euro and 0.3% against the US Dollar regardless. The latest news has been that the key Article 50 bill, which must be approved to trigger Brexit, has been voted through the House of Commons for...
Mario Draghi Weakens Euro, Claims Loose Monetary Policy Still Necessary Published: 6 Feb at 4 PM
Sterling Pound Sterling is beginning to recover from some earlier shocks to the system, although overall the UK unit is in a poor state against its peers. Numerous surveys and reports regarding the impact of Brexit have been released today and most of them make for dovish reading. Over half of UK firms are expecting to have to raise prices...
Uptick in Pound as EU Report Leaks Published: 1 Feb at 5 PM
Sterling The Pound (GBP) rallied against the other majors this afternoon after an EU report on the consequences of Brexit was leaked to the media. The report, created by officials at the EU’s economic and monetary affairs (Econ) suggests that the City of London should be protected in Brexit negotiations in order to prevent unnecessary...

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