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Five Benefits of Using a Broker

Whether it’s for business or pleasure, when you transfer your money abroad you want to ensure you’re getting the most amount of currency for your money. Here are five benefits to using a currency broker over another payment provider.

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Latest GBP News

August 8, 2019 9:59 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Euro Depressed, US Dollar Unmoved by Data, Rand Hits Lows

Macroeconomic data is thin on the ground, and what has been released of late is having little impact on major currencies. The Pound – Euro rate (GBP/EUR) remains depressed despite poor German manufacturing data, whilst Sterling – US Dollar (GBP/USD) was unmoved by slow growth in US consumer borrowing. The worsening economic situation in South Africa has, however, proved sufficient to drive GBP/ZAR up to seven-week highs. Weak German Economic Data Fails to Dent Euro Exchange Rate Despite mounting fears of a recession in the Eurozone after Germany’s Industrial Production reading fell faster than had been expected yesterday, the Pound – Euro exchange rate (GBP/EUR) remains close to recent lows. The news from Germany was sufficient to provide some short-lived support for Sterling, but with an increasingly complex constitutional problem brewing in Westminster as Boris Johnson bids to force through Brexit at whatever price, confidence in the ...

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August 7, 2019 11:14 am | EUR, GBP, NZD, TRY, USD | by Charlie Murray

Pound Jumps Vs New Zealand Dollar, Turkish Lira Strengthens, GBP/EUR Awaiting Direction

Comments that the Federal Reserve has done enough with interest rates for now has ensured no fresh upside for the Pound – Dollar rate (GBP/USD), whilst the glimmer of a way ahead in finding a Brexit deal has also left Sterling – Euro (GBP/EUR) looking distinctly cool. Ongoing support for the Turkish Lira continues to buoy the currency and New Zealand’s central bank drove GBP/NZD to six-week highs with a surprise rate cut overnight. As Fed Refuses to Respond to China Trade War, Cable Holds Fast The British Pound – US Dollar exchange rate (GBP/USD) has been little changed in recent hours, with markets looking devoid of fresh information to work with. James Bullard, one of the Federal Reserve’s voting members, spoke yesterday but made clear that he felt US interest rates were now in the right region and that the central bank wouldn’t be responding to ...

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August 6, 2019 9:20 am | EUR, GBP, INR, USD | by Charlie Murray

Pound Slips Against Euro, Finds Support Vs US Dollar and Indian Rupee

With a no-deal Brexit seeming as good as guaranteed, the Pound fell further against the Euro (GBP/EUR) yesterday. However, escalating trade tensions took a toll on the US Dollar, with Cable (GBP/USD) managing to make some progress, while the Pound has also been finding support against the Indian Rupee (GBP/INR). Sterling Slides Lower Against Euro as Political Fog Fails to Clear The Pound Euro exchange rate (GBP/EUR) sought out fresh lows yesterday, pushing down to levels not seen for almost two years as the prospect of political disarray in the UK combined with the risk of a no-deal Brexit continued to loom large. The European Union is said to be working on the basis the UK will crash out of the trading bloc in three months’ time and has reiterated that there’s no room for renegotiation on the current divorce deal. Add to this how Boris Johnson ...

Read More
August 5, 2019 8:34 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Forecast: Services Data in Focus (GBP/EUR, GBP/USD, GBP/ZAR)

Economic data due for release today could show the UK services sector is contracting, adding to fears that the country is heading for recession and knocking the Sterling Dollar rate (GBP/USD) as a result. Domestic political disarray and the ability for Eurozone Purchasing Managers' Index (PMI) numbers to impress could take the Pound Euro rate (GBP/EUR) down to fresh multi-year lows, while mounting global trade fears are hitting the South African Rand (ZAR). Pound Forecast: Will UK PMI Print Highlight Recession Risk? The British Pound US Dollar exchange rate (GBP/USD) has seen a volatile start to the week, with the pair moving almost a full cent in overnight trade. There has, however, been little overall direction, although that could change with the release of UK Services PMI data for July. Concerns are mounting that this could fall below the break-even 50.0 mark for the second time this ...

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August 3, 2019 7:00 am | Central Banks, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Euro, US Dollar, Exchange Rate Forecast Week Ahead

The Pound, Euro, and US Dollar exchange rates could be in for some movement in the week ahead with events such as UK growth data and US producer prices set to be revealed.  Pound Forecast: UK Services Sector Risks Contraction On Monday, PMI data from the dominant UK services sector will be released. A reading above 50.0 indicates economic expansion, but opinions are divided as to whether that can be achieved. Having come in at 50.2 in June, there’s a real risk that the print could turn negative as the ongoing political uncertainty continues to sap confidence. This would serve as a major blow for any hopes that the UK economy can manage to find growth in the third quarter of the year, with any shortfall likely to hit the Pound hard. Euro Outlook: Will German Construction Data Impress? German Construction PMI data is released on Tuesday and could ...

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Latest Video Content

January 11, 2019 10:43 am | Brexit, GBP, Video | by Ashleigh Fox

Pound Sterling Exchange Rate Forecast: UK Economic Growth Hits Six-Month Low

The Pound exchange rate has been in a tight range against the US Dollar (GBP/USD) and Euro (GBP/EUR) on Friday morning, despite news that UK economic growth had hit a six-month low. The UK registered a 0.3% increase in growth in the three months through November, slightly lower than the previous 0.4% reading. Economic growth ...

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June 19, 2018 12:20 pm | GBP, USD, Video | by Ashleigh Fox

Pound to US Dollar Hits Lowest Level Since November as Exchange Rates Fall on Uncertainty

The Pound to US Dollar (GBP/USD) exchange rate hit a seven-month low on Tuesday as US/China trade war fears and Brexit uncertainty spooked markets. The GBP/USD exchange rate hit lows of 1.3158 - the weakest level seen since November 2017. It's not just the Pound taking a beating, other major currencies have been declining against ...

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Latest USD News

August 8, 2019 9:59 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Euro Depressed, US Dollar Unmoved by Data, Rand Hits Lows

Macroeconomic data is thin on the ground, and what has been released of late is having little impact on major currencies. The Pound – Euro rate (GBP/EUR) remains depressed despite poor German manufacturing data, whilst Sterling – US Dollar (GBP/USD) was unmoved by slow growth in US consumer borrowing. The worsening economic situation in South Africa has, however, proved sufficient to drive GBP/ZAR up to seven-week highs. Weak German Economic Data Fails to Dent Euro Exchange Rate Despite mounting fears of a recession in the Eurozone after Germany’s Industrial Production reading fell faster than had been expected yesterday, the Pound – Euro exchange rate (GBP/EUR) remains close to recent lows. The news from Germany was sufficient to provide some short-lived support for Sterling, but with an increasingly complex constitutional problem brewing in Westminster as Boris Johnson bids to force through Brexit at whatever price, confidence in the ...

Read More
August 7, 2019 11:14 am | EUR, GBP, NZD, TRY, USD | by Charlie Murray

Pound Jumps Vs New Zealand Dollar, Turkish Lira Strengthens, GBP/EUR Awaiting Direction

Comments that the Federal Reserve has done enough with interest rates for now has ensured no fresh upside for the Pound – Dollar rate (GBP/USD), whilst the glimmer of a way ahead in finding a Brexit deal has also left Sterling – Euro (GBP/EUR) looking distinctly cool. Ongoing support for the Turkish Lira continues to buoy the currency and New Zealand’s central bank drove GBP/NZD to six-week highs with a surprise rate cut overnight. As Fed Refuses to Respond to China Trade War, Cable Holds Fast The British Pound – US Dollar exchange rate (GBP/USD) has been little changed in recent hours, with markets looking devoid of fresh information to work with. James Bullard, one of the Federal Reserve’s voting members, spoke yesterday but made clear that he felt US interest rates were now in the right region and that the central bank wouldn’t be responding to ...

Read More
August 6, 2019 9:20 am | EUR, GBP, INR, USD | by Charlie Murray

Pound Slips Against Euro, Finds Support Vs US Dollar and Indian Rupee

With a no-deal Brexit seeming as good as guaranteed, the Pound fell further against the Euro (GBP/EUR) yesterday. However, escalating trade tensions took a toll on the US Dollar, with Cable (GBP/USD) managing to make some progress, while the Pound has also been finding support against the Indian Rupee (GBP/INR). Sterling Slides Lower Against Euro as Political Fog Fails to Clear The Pound Euro exchange rate (GBP/EUR) sought out fresh lows yesterday, pushing down to levels not seen for almost two years as the prospect of political disarray in the UK combined with the risk of a no-deal Brexit continued to loom large. The European Union is said to be working on the basis the UK will crash out of the trading bloc in three months’ time and has reiterated that there’s no room for renegotiation on the current divorce deal. Add to this how Boris Johnson ...

Read More
August 5, 2019 8:34 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Forecast: Services Data in Focus (GBP/EUR, GBP/USD, GBP/ZAR)

Economic data due for release today could show the UK services sector is contracting, adding to fears that the country is heading for recession and knocking the Sterling Dollar rate (GBP/USD) as a result. Domestic political disarray and the ability for Eurozone Purchasing Managers' Index (PMI) numbers to impress could take the Pound Euro rate (GBP/EUR) down to fresh multi-year lows, while mounting global trade fears are hitting the South African Rand (ZAR). Pound Forecast: Will UK PMI Print Highlight Recession Risk? The British Pound US Dollar exchange rate (GBP/USD) has seen a volatile start to the week, with the pair moving almost a full cent in overnight trade. There has, however, been little overall direction, although that could change with the release of UK Services PMI data for July. Concerns are mounting that this could fall below the break-even 50.0 mark for the second time this ...

Read More
August 3, 2019 7:00 am | Central Banks, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Euro, US Dollar, Exchange Rate Forecast Week Ahead

The Pound, Euro, and US Dollar exchange rates could be in for some movement in the week ahead with events such as UK growth data and US producer prices set to be revealed.  Pound Forecast: UK Services Sector Risks Contraction On Monday, PMI data from the dominant UK services sector will be released. A reading above 50.0 indicates economic expansion, but opinions are divided as to whether that can be achieved. Having come in at 50.2 in June, there’s a real risk that the print could turn negative as the ongoing political uncertainty continues to sap confidence. This would serve as a major blow for any hopes that the UK economy can manage to find growth in the third quarter of the year, with any shortfall likely to hit the Pound hard. Euro Outlook: Will German Construction Data Impress? German Construction PMI data is released on Tuesday and could ...

Read More
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Latest EUR News

August 8, 2019 9:59 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Euro Depressed, US Dollar Unmoved by Data, Rand Hits Lows

Macroeconomic data is thin on the ground, and what has been released of late is having little impact on major currencies. The Pound – Euro rate (GBP/EUR) remains depressed despite poor German manufacturing data, whilst Sterling – US Dollar (GBP/USD) was unmoved by slow growth in US consumer borrowing. The worsening economic situation in South Africa has, however, proved sufficient to drive GBP/ZAR up to seven-week highs. Weak German Economic Data Fails to Dent Euro Exchange Rate Despite mounting fears of a recession in the Eurozone after Germany’s Industrial Production reading fell faster than had been expected yesterday, the Pound – Euro exchange rate (GBP/EUR) remains close to recent lows. The news from Germany was sufficient to provide some short-lived support for Sterling, but with an increasingly complex constitutional problem brewing in Westminster as Boris Johnson bids to force through Brexit at whatever price, confidence in the ...

Read More
August 7, 2019 11:14 am | EUR, GBP, NZD, TRY, USD | by Charlie Murray

Pound Jumps Vs New Zealand Dollar, Turkish Lira Strengthens, GBP/EUR Awaiting Direction

Comments that the Federal Reserve has done enough with interest rates for now has ensured no fresh upside for the Pound – Dollar rate (GBP/USD), whilst the glimmer of a way ahead in finding a Brexit deal has also left Sterling – Euro (GBP/EUR) looking distinctly cool. Ongoing support for the Turkish Lira continues to buoy the currency and New Zealand’s central bank drove GBP/NZD to six-week highs with a surprise rate cut overnight. As Fed Refuses to Respond to China Trade War, Cable Holds Fast The British Pound – US Dollar exchange rate (GBP/USD) has been little changed in recent hours, with markets looking devoid of fresh information to work with. James Bullard, one of the Federal Reserve’s voting members, spoke yesterday but made clear that he felt US interest rates were now in the right region and that the central bank wouldn’t be responding to ...

Read More
August 6, 2019 9:20 am | EUR, GBP, INR, USD | by Charlie Murray

Pound Slips Against Euro, Finds Support Vs US Dollar and Indian Rupee

With a no-deal Brexit seeming as good as guaranteed, the Pound fell further against the Euro (GBP/EUR) yesterday. However, escalating trade tensions took a toll on the US Dollar, with Cable (GBP/USD) managing to make some progress, while the Pound has also been finding support against the Indian Rupee (GBP/INR). Sterling Slides Lower Against Euro as Political Fog Fails to Clear The Pound Euro exchange rate (GBP/EUR) sought out fresh lows yesterday, pushing down to levels not seen for almost two years as the prospect of political disarray in the UK combined with the risk of a no-deal Brexit continued to loom large. The European Union is said to be working on the basis the UK will crash out of the trading bloc in three months’ time and has reiterated that there’s no room for renegotiation on the current divorce deal. Add to this how Boris Johnson ...

Read More
August 5, 2019 8:34 am | EUR, GBP, USD, ZAR | by Lauren Bessent

Pound Forecast: Services Data in Focus (GBP/EUR, GBP/USD, GBP/ZAR)

Economic data due for release today could show the UK services sector is contracting, adding to fears that the country is heading for recession and knocking the Sterling Dollar rate (GBP/USD) as a result. Domestic political disarray and the ability for Eurozone Purchasing Managers' Index (PMI) numbers to impress could take the Pound Euro rate (GBP/EUR) down to fresh multi-year lows, while mounting global trade fears are hitting the South African Rand (ZAR). Pound Forecast: Will UK PMI Print Highlight Recession Risk? The British Pound US Dollar exchange rate (GBP/USD) has seen a volatile start to the week, with the pair moving almost a full cent in overnight trade. There has, however, been little overall direction, although that could change with the release of UK Services PMI data for July. Concerns are mounting that this could fall below the break-even 50.0 mark for the second time this ...

Read More
August 3, 2019 7:00 am | Central Banks, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Euro, US Dollar, Exchange Rate Forecast Week Ahead

The Pound, Euro, and US Dollar exchange rates could be in for some movement in the week ahead with events such as UK growth data and US producer prices set to be revealed.  Pound Forecast: UK Services Sector Risks Contraction On Monday, PMI data from the dominant UK services sector will be released. A reading above 50.0 indicates economic expansion, but opinions are divided as to whether that can be achieved. Having come in at 50.2 in June, there’s a real risk that the print could turn negative as the ongoing political uncertainty continues to sap confidence. This would serve as a major blow for any hopes that the UK economy can manage to find growth in the third quarter of the year, with any shortfall likely to hit the Pound hard. Euro Outlook: Will German Construction Data Impress? German Construction PMI data is released on Tuesday and could ...

Read More
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