SendMoney.org.uk
Compare exchange rates, send money abroad and online
Sat 21 Dec 2024 11:47GMT
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
Euro Surges as Highly-Mutated Coronavirus Variant Rattles Global Markets
Published: 26 Nov at 1 PM
Pound (GBP) Gains as Coronavirus Jitters Hit Markets
The Pound (GBP) made significant gains against its more risk-sensitive peers at the end of the week.
News of the emergence of a highly-mutated coronavirus variant in southern Africa described as more transmissible than the Delta variant and able to evade immune responses that current...
Delay to Lockdown Easing Triggers Slump in Pound (GBP)
Published: 16 Jun at 2 PM
Pound (GBP)\r\nThe Pound (GBP) fell to a one-month low against the US Dollar (USD) yesterday, following the UK government’s decision to delay lockdown easing. Sterling also dropped in its currency pairing with the Euro (EUR).\r\n\r\nFallout from the government’s decision overshadowed the publication of positive unemployment rate and...
New Zealand Dollar (NZD) Surges as RBNZ Hints at Raising Interest Rates in 2022
Published: 26 May at 2 PM
Pound (GBP)
The Pound exchange rate held steady today because of a lack of any influential UK economic data.
UK markets remain on the whole positive, however, with Covid-19 infection rates only modestly rising, while daily hospitalisations are showing signs of dropping. Daily deaths from the coronavirus are also relatively low compared...
Pound (GBP) Exchange Rate Dips Despite the UK's Inflation Doubling in April
Published: 19 May at 12 PM
Pound (GBP)
The Pound (GBP) struggled this morning despite UK inflation more than doubling in April because of rising energy prices. Inflation is expected to head higher in the coming months as the UK economy continues to ease lockdown restrictions.
Jon Hudson, fund manager of Premier Miton UK Growth Fund, commented:
‘Inflation is...
Pound (GBP) Rises as UK Growth Rebounds in March
Published: 12 May at 2 PM
Pound (GBP)
The Pound (GBP) rose against many of its peers today after the latest UK growth data revealed that the UK had rebound in March, thanks to the Government’s extensive Covid-19 vaccination rollout programme.
UK Chancellor Rishi Sunak celebrated the data, saying:
‘Despite a difficult start to this year, economic growth...
US Dollar (USD) Bolstered by Safe-Haven Demand as Risk Sentiment Fluctuates
Published: 5 May at 3 PM
Pound (GBP)
The Pound (GBP) exchange rate rose today following news that UK car sales had recovered in April, despite being down by over 12% against pre-pandemic levels.
The Society of Motor Manufacturers and Traders (SMMT) commented on the data:
‘Demand is likely to be driven by a broad range of new models and powertrains, with...
Pound (GBP) Exchange Rate Benefits from Positive CBI Retail Sales Report
Published: 28 Apr at 12 PM
Pound (GBP)
The Pound (GBP) has continued to rise this week following the publication of the latest Confederation of British Industry (CBI) distributive trade index. The figure surged from -45 to 20 in April, buoying confidence in the UK’s retail sector.
Fraser McKevitt, the head of retail at Kantar, commented:
‘There is a growing...
Pound (GBP) Rises as UK Inflation Rebounds on Climbing Fuel Prices
Published: 21 Apr at 12 PM
Pound (GBP)
The Pound (GBP) showed signs of recovery today as UK markets are becoming more optimistic about the state of Britain’s economy. Employers have now begun rehiring following months of begin unable to open due to Covid-19 lockdown restrictions.
As a result, GBP investors are more hopeful that the economy could begin to recover...
US Dollar (USD) Tumbles as Risk Sentiment Improves Ahead of Fed Speech
Published: 14 Apr at 3 PM
Pound (GBP)
The Pound (GBP) exchange rate has weakened this week following the announcement that the Bank of England’s Chief Economist, Andy Haldane, would be leaving the bank next month.
As a result, the Pound (GBP) suffered from concerns that because one of the bank’s more hawkish members is leaving, that the BoE could take a more...
Pound (GBP) Suffers as UK Services PMI is Revised Down for March
Published: 7 Apr at 3 PM
Pound (GBP)
The Pound (GBP) fell against the Euro (EUR) and the US Dollar (USD) today following the release of the latest UK Services PMI, which was revised down to 56.3.
However, the UK’s business activity has picked up, with the latest PMI signaling rebound last month.
Howard Archer, the Chief Economic Advisor to EY Item Club,...
LATEST NEWS
- Euro Surges as Highly-Mutated Coronavirus Variant Rattles Global Markets
- Delay to Lockdown Easing Triggers Slump in Pound (GBP)
- New Zealand Dollar (NZD) Surges as RBNZ Hints at Raising Interest Rates in 2022
- Pound (GBP) Exchange Rate Dips Despite the UK's Inflation Doubling in April
- Pound (GBP) Rises as UK Growth Rebounds in March
NEWS ARCHIVE
- November 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
Live Exchange Rates
Source: Send Money