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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

May 21, 2019 11:02 am | GBP, USD | by Lauren Bessent

Pound Falls Below 1.27 – Lowest Level Since January

The British Pound exchange rate has fallen to its weakest level since January, tumbling below the 1.27 benchmark against the US Dollar (GBP/USD). The Pound to US Dollar exchange rate traded in a relatively tight range in Monday's session, but USD exchange rate strength tipped Sterling below the 1.27 level.  Pound Sterling Exchange Rate Forecast One of the main focal points for the Pound today will be Theresa May's Cabinet meeting. The British Prime Minister will attempt to push her Brexit deal over the line one last time, and there could be some interesting proposals in her bid to achieve her goal. the PM could suggest closer customs ties with the EU to try and garner support from the Labour Party. There will be a vote on May's deal in early June. However, it seems like a lot of politicians are less focused on the three-time defeated ...

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May 15, 2019 5:02 pm | Brexit, EUR, GBP | by Charlie Murray

Brexit Going Nowhere: Pound Drops to Three Month Low

The Pound hit a three-month low on Wednesday as investor sentiment soured on the lack of Brexit progress. Against its peers, the British Pound has become the worst performing currency this week as markets lose hope that Theresa May will be able to get her Brexit deal across the line on her fourth attempt next month.  Brexit Goes Nowhere, British Pound Exchange Rate Hits Three-Month Low It's been almost three years since the monumental vote took place, and there's still no deal in place, despite a Brexit day extension. The risk of a hard Brexit has also increased, with most of Theresa May's successors seen as hardline Brexiteers. Sterling has tumbled by around 1.2% in five days, a far cry from earlier in the year when it was one of the market's most impressive performers. Maximilian Kunkel, UBS Wealth Management Chief Investment Officer for Germany, said: 'We don’t think ...

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May 3, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound, Euro, US Dollar, Exchange Rate Forecast: BoE and Non-Farm Payrolls

This week's Bank of England (BoE) meeting was highly anticipated as markets wanted to gauge central bank hawkishness in an attempt to guess when further interest rate hikes might take place. Bank of England (BoE) Leaves Rates on Hold, Upgrades Growth Forecast It's no surprise the BoE's Monetary Policy Committee (MPC) chose to keep interest rates on hold once again, given the state of Brexit, but markets were keen to see any changes to the growth and inflation forecasts. We have kept interest rates at 0.75%. Find out why in our visual summary: https://t.co/NErJey2wDI #InflationReport pic.twitter.com/e66OrM3Owm — Bank of England (@bankofengland) May 2, 2019 The BoE now sees UK Gross Domestic Product (GDP) growth reaching 1.5% in 2019, an upward revision from the former 1.2% forecast. The Bank of England commented on the first quarter growth, expected to be confirmed at 0.5%, but also suggested this was due to pre-Brexit ...

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May 1, 2019 12:20 pm | Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs Against Euro and US Dollar on Brexit and BoE Rate Prospects

Yesterday, the Pound managed to break out of recent trading ranges against the Euro and US Dollar. The GBP/USD exchange rate managed to achieve it's highest levels in around three weeks, marking its biggest one-day gain since February. Pound Exchange Rate: BoE Interest Rate Decision in Focus The British currency has been climbing higher on Brexit optimism and speculation that the Bank of England (BoE) may need to make an upward adjustment to interest rates in the near future if inflationary pressures keep increasing. The Bank of England's monetary policy meeting tomorrow will be in the crosshairs and could be a large influence on Pound Sterling exchange rate movement. However, this morning showed UK manufacturing dipped in April from 55.1 to 53.1. Recent months had shown rapid expansion in the manufacturing sector as businesses stockpiled and prepared for Brexit. However, since the Article 50 extension and the prospect of ...

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April 24, 2019 11:06 am | EUR, GBP, USD | by Ashleigh Fox

Pound, Euro Exchange Rates Under Pressure as US Dollar Strengthens

The Pound and Euro have found themselves under pressure against the US Dollar exchange rate in recent sessions. Now the Brexit break is over, and UK politics look shaky once again, and economic data is back in focus, there could be more GBP/EUR, GBP/USD, EUR/USD exchange rate movement ahead.  Pound US Dollar (GBP/USD) Exchange Rate Movement Yesterday, the Pound fell to levels not seen since mid-February against the US Dollar (GBP/USD) off the back of upbeat economic data from across the Atlantic. With Brexit concerns weighing on Sterling, there was no scope for a rebound on the pair either, and while political pressure continues to weigh on the British currency, then further downside could follow. Euro US Dollar (EUR/USD) Exchange Rate Under Pressure The Euro also came under some pressure against the US Dollar off the back of positive ecostats yesterday. A test of fresh three-week lows followed and ...

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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

May 21, 2019 11:02 am | GBP, USD | by Lauren Bessent

Pound Falls Below 1.27 – Lowest Level Since January

The British Pound exchange rate has fallen to its weakest level since January, tumbling below the 1.27 benchmark against the US Dollar (GBP/USD). The Pound to US Dollar exchange rate traded in a relatively tight range in Monday's session, but USD exchange rate strength tipped Sterling below the 1.27 level.  Pound Sterling Exchange Rate Forecast One of the main focal points for the Pound today will be Theresa May's Cabinet meeting. The British Prime Minister will attempt to push her Brexit deal over the line one last time, and there could be some interesting proposals in her bid to achieve her goal. the PM could suggest closer customs ties with the EU to try and garner support from the Labour Party. There will be a vote on May's deal in early June. However, it seems like a lot of politicians are less focused on the three-time defeated ...

Read More
May 3, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound, Euro, US Dollar, Exchange Rate Forecast: BoE and Non-Farm Payrolls

This week's Bank of England (BoE) meeting was highly anticipated as markets wanted to gauge central bank hawkishness in an attempt to guess when further interest rate hikes might take place. Bank of England (BoE) Leaves Rates on Hold, Upgrades Growth Forecast It's no surprise the BoE's Monetary Policy Committee (MPC) chose to keep interest rates on hold once again, given the state of Brexit, but markets were keen to see any changes to the growth and inflation forecasts. We have kept interest rates at 0.75%. Find out why in our visual summary: https://t.co/NErJey2wDI #InflationReport pic.twitter.com/e66OrM3Owm — Bank of England (@bankofengland) May 2, 2019 The BoE now sees UK Gross Domestic Product (GDP) growth reaching 1.5% in 2019, an upward revision from the former 1.2% forecast. The Bank of England commented on the first quarter growth, expected to be confirmed at 0.5%, but also suggested this was due to pre-Brexit ...

Read More
May 1, 2019 12:20 pm | Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs Against Euro and US Dollar on Brexit and BoE Rate Prospects

Yesterday, the Pound managed to break out of recent trading ranges against the Euro and US Dollar. The GBP/USD exchange rate managed to achieve it's highest levels in around three weeks, marking its biggest one-day gain since February. Pound Exchange Rate: BoE Interest Rate Decision in Focus The British currency has been climbing higher on Brexit optimism and speculation that the Bank of England (BoE) may need to make an upward adjustment to interest rates in the near future if inflationary pressures keep increasing. The Bank of England's monetary policy meeting tomorrow will be in the crosshairs and could be a large influence on Pound Sterling exchange rate movement. However, this morning showed UK manufacturing dipped in April from 55.1 to 53.1. Recent months had shown rapid expansion in the manufacturing sector as businesses stockpiled and prepared for Brexit. However, since the Article 50 extension and the prospect of ...

Read More
April 24, 2019 11:06 am | EUR, GBP, USD | by Ashleigh Fox

Pound, Euro Exchange Rates Under Pressure as US Dollar Strengthens

The Pound and Euro have found themselves under pressure against the US Dollar exchange rate in recent sessions. Now the Brexit break is over, and UK politics look shaky once again, and economic data is back in focus, there could be more GBP/EUR, GBP/USD, EUR/USD exchange rate movement ahead.  Pound US Dollar (GBP/USD) Exchange Rate Movement Yesterday, the Pound fell to levels not seen since mid-February against the US Dollar (GBP/USD) off the back of upbeat economic data from across the Atlantic. With Brexit concerns weighing on Sterling, there was no scope for a rebound on the pair either, and while political pressure continues to weigh on the British currency, then further downside could follow. Euro US Dollar (EUR/USD) Exchange Rate Under Pressure The Euro also came under some pressure against the US Dollar off the back of positive ecostats yesterday. A test of fresh three-week lows followed and ...

Read More
April 18, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound Sterling to Euro, US Dollar, Exchange Rate Forecast

While it all may be quiet on the Brexit front, economic data is coming back into focus. This means the British Pound exchange rates could be susceptible to weaker UK data and soften if the Eurozone or US produce impressive figures. However, the Pound is also waiting for any sign of Brexit developments, and headlines could create significant Sterling exchange rate movement.  Will Chinese Growth Help Struggling Eurozone and Boost Euro Exchange Rate? This week, Chinese data has impressed, showing a reversal in the downward trend seen at the end of 2018, and adds to recent signs that global economic growth is experiencing a turnaround. Germany's manufacturing slowdown has been primarily attributed to China, and so many hope that a pickup in the nation will help Germany too. Yesterday, German ZEW Surveys showed that at present, economic sentiment is remaining low. However, a positive came when it ...

Read More
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Latest EUR News

May 15, 2019 5:02 pm | Brexit, EUR, GBP | by Charlie Murray

Brexit Going Nowhere: Pound Drops to Three Month Low

The Pound hit a three-month low on Wednesday as investor sentiment soured on the lack of Brexit progress. Against its peers, the British Pound has become the worst performing currency this week as markets lose hope that Theresa May will be able to get her Brexit deal across the line on her fourth attempt next month.  Brexit Goes Nowhere, British Pound Exchange Rate Hits Three-Month Low It's been almost three years since the monumental vote took place, and there's still no deal in place, despite a Brexit day extension. The risk of a hard Brexit has also increased, with most of Theresa May's successors seen as hardline Brexiteers. Sterling has tumbled by around 1.2% in five days, a far cry from earlier in the year when it was one of the market's most impressive performers. Maximilian Kunkel, UBS Wealth Management Chief Investment Officer for Germany, said: 'We don’t think ...

Read More
May 3, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound, Euro, US Dollar, Exchange Rate Forecast: BoE and Non-Farm Payrolls

This week's Bank of England (BoE) meeting was highly anticipated as markets wanted to gauge central bank hawkishness in an attempt to guess when further interest rate hikes might take place. Bank of England (BoE) Leaves Rates on Hold, Upgrades Growth Forecast It's no surprise the BoE's Monetary Policy Committee (MPC) chose to keep interest rates on hold once again, given the state of Brexit, but markets were keen to see any changes to the growth and inflation forecasts. We have kept interest rates at 0.75%. Find out why in our visual summary: https://t.co/NErJey2wDI #InflationReport pic.twitter.com/e66OrM3Owm — Bank of England (@bankofengland) May 2, 2019 The BoE now sees UK Gross Domestic Product (GDP) growth reaching 1.5% in 2019, an upward revision from the former 1.2% forecast. The Bank of England commented on the first quarter growth, expected to be confirmed at 0.5%, but also suggested this was due to pre-Brexit ...

Read More
May 1, 2019 12:20 pm | Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs Against Euro and US Dollar on Brexit and BoE Rate Prospects

Yesterday, the Pound managed to break out of recent trading ranges against the Euro and US Dollar. The GBP/USD exchange rate managed to achieve it's highest levels in around three weeks, marking its biggest one-day gain since February. Pound Exchange Rate: BoE Interest Rate Decision in Focus The British currency has been climbing higher on Brexit optimism and speculation that the Bank of England (BoE) may need to make an upward adjustment to interest rates in the near future if inflationary pressures keep increasing. The Bank of England's monetary policy meeting tomorrow will be in the crosshairs and could be a large influence on Pound Sterling exchange rate movement. However, this morning showed UK manufacturing dipped in April from 55.1 to 53.1. Recent months had shown rapid expansion in the manufacturing sector as businesses stockpiled and prepared for Brexit. However, since the Article 50 extension and the prospect of ...

Read More
April 24, 2019 11:06 am | EUR, GBP, USD | by Ashleigh Fox

Pound, Euro Exchange Rates Under Pressure as US Dollar Strengthens

The Pound and Euro have found themselves under pressure against the US Dollar exchange rate in recent sessions. Now the Brexit break is over, and UK politics look shaky once again, and economic data is back in focus, there could be more GBP/EUR, GBP/USD, EUR/USD exchange rate movement ahead.  Pound US Dollar (GBP/USD) Exchange Rate Movement Yesterday, the Pound fell to levels not seen since mid-February against the US Dollar (GBP/USD) off the back of upbeat economic data from across the Atlantic. With Brexit concerns weighing on Sterling, there was no scope for a rebound on the pair either, and while political pressure continues to weigh on the British currency, then further downside could follow. Euro US Dollar (EUR/USD) Exchange Rate Under Pressure The Euro also came under some pressure against the US Dollar off the back of positive ecostats yesterday. A test of fresh three-week lows followed and ...

Read More
April 18, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound Sterling to Euro, US Dollar, Exchange Rate Forecast

While it all may be quiet on the Brexit front, economic data is coming back into focus. This means the British Pound exchange rates could be susceptible to weaker UK data and soften if the Eurozone or US produce impressive figures. However, the Pound is also waiting for any sign of Brexit developments, and headlines could create significant Sterling exchange rate movement.  Will Chinese Growth Help Struggling Eurozone and Boost Euro Exchange Rate? This week, Chinese data has impressed, showing a reversal in the downward trend seen at the end of 2018, and adds to recent signs that global economic growth is experiencing a turnaround. Germany's manufacturing slowdown has been primarily attributed to China, and so many hope that a pickup in the nation will help Germany too. Yesterday, German ZEW Surveys showed that at present, economic sentiment is remaining low. However, a positive came when it ...

Read More
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