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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

July 19, 2019 8:12 am | Brexit, EUR, GBP, TRY, USD | by Ashleigh Fox

British Pound Climbs against US Dollar and Euro (GBPUSD, GBPEUR) Turkish Lira Rises

Sterling found some long-overdue support yesterday against the US Dollar (GBP/USD) and Euro (GBP/EUR) after the EU’s chief Brexit negotiator hinted that an alternative plan for managing the Irish border may be developed. The House of Commons has also moved to make suspending Parliament in order to push through a no-deal Brexit that much more difficult, while UK economic data impressed with better-than-expected Retail Sales data. The upshot has been widespread gains for Sterling, with both the Pound US Dollar (GBP/USD) and Pound Euro (GBP/EUR) exchange rates posting some meaningful gains. Volatility continues for the Turkish Lira (TRY), however, amid mixed messages from Washington over possible sanctions following the country’s purchase of Russian military hardware. Pound Posts Best Day in 10 Weeks against US Dollar (GBP/USD) The British Pound US Dollar exchange rate (GBP/USD) posted its biggest day of gains in two-and-a-half months yesterday as markets reacted to ...

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July 18, 2019 9:09 am | AUD, Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs, No-Deal Brexit Likelihood Falls Falls (GBPEUR, GBPUSD, GBPAUD)

British Pound exchange rates remain under pressure with Brexit uncertainty continuing to loom large. However, against the US Dollar, Sterling found something of a reprieve yesterday after disappointing house building statistics were published across the Atlantic. With Theresa May now in her last week of office, concern over the potential for political chaos under her successor is likely to keep a lid on any upside for the Pound. The Aussie Dollar also performed notably well overnight, gaining ground over Sterling (AUD/GBP) after Aussie employment data suggested the Reserve Bank of Australia (RBA) may have done enough for now in terms of interest rate cuts. Update: The Pound has continued to climb against the Euro and US Dollar in Thursday's trading session. MPs backed an amendment that could prevent Conservative Party frontrunner Boris Johnson from shutting down Parliament to pass a no-deal Brexit in October. Update: Moving into ...

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July 17, 2019 8:26 am | Brexit, EUR, GBP, TRY, USD, ZAR | by Lauren Bessent

Pound Recovering (GBP/USD, GBP/EUR, GBP/ZAR), UK Parliament votes, GBP/TRY Falls

Brexit is once again dominating the agenda for the British Pound, and with no-deal looking more likely, the associated economic shock is weighing on exchange rates almost right across the board. Sterling is down to two-year lows against the US Dollar (GBP/USD) and six-month lows against the Euro. Even the Turkish Lira (TRY) has the upper hand on the Pound (TRY/GBP), although the Sterling to Rand (GBP/ZAR) exchange rate is one notable outlier. There’s an expectation that the South African Reserve Bank (SARB) will adopt a more dovish policy stance tomorrow embarking on what could prove to be a run of rate cuts as a result. Update: By the close of the European trading session, the Pound was climbing against the US Dollar, Euro, and South African Rand, while falling against the Turkish Lira still. Today's UK Consumer Price Index inflation reading held steady at 2.0% ...

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July 16, 2019 8:03 am | Brexit, EUR, GBP, NZD, USD | by Charlie Murray

Pound (GBP/EUR, GBP/USD) Slides on Brexit Trade Concerns, NZD Surges

The British Pound exchange rate had a difficult start to the week after a UK government minister poured cold water on the idea that a post-Brexit trade deal with the USA would be quickly implemented. Not only did this leave the Sterling – US Dollar (GBP/USD) exchange rate under pressure, but it also took a toll on the British Pound – Euro (GBP/EUR) exchange rate. Downside here could, however, be short-lived if forward-looking economic indicators for the Eurozone fail to impress. Further afield, the Pound lost ground to the Kiwi Dollar (GBP/NZD) after better-than-expected Chinese economic data served to buoy the outlook for the broader New Zealand economy. Sterling Stutters Amid Post-Brexit Trade Worries Despite it having been a quiet start to the week in terms of fundamental data, politics served to take a toll on the British Pound – US Dollar exchange rate (GBP/USD) after UK ...

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July 10, 2019 11:14 am | CHF, GBP, USD | by Charlie Murray

Pound Struggles against US Dollar (GBPUSD) and Swiss Franc (GBPCHF)

Headwinds continue to build against Sterling with worries over Brexit and the broader economy taking a toll on the British Pound to US Dollar (GBP/USD) exchange rate. Today’s UK data releases may be able to provide some respite. The Federal Reserve may also give an indication over its desire to cut rates in a move that could see the US Dollar lose a little ground, while the Pound to Swiss Franc (GBP/CHF) rate is also falling as investors hunt out safe-havens in uncertain times. British Pound at Two Year Lows Selling pressure continued to build against the British Pound exchange rate yesterday. Speculation over the need for the Bank of England (BoE) to cut interest rates and renewed fears that a no-deal Brexit could still be seen heaped more pressure on Sterling, which had already been squeezed by disappointing Retail Sales numbers. The slide was sufficient to ...

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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

July 19, 2019 8:12 am | Brexit, EUR, GBP, TRY, USD | by Ashleigh Fox

British Pound Climbs against US Dollar and Euro (GBPUSD, GBPEUR) Turkish Lira Rises

Sterling found some long-overdue support yesterday against the US Dollar (GBP/USD) and Euro (GBP/EUR) after the EU’s chief Brexit negotiator hinted that an alternative plan for managing the Irish border may be developed. The House of Commons has also moved to make suspending Parliament in order to push through a no-deal Brexit that much more difficult, while UK economic data impressed with better-than-expected Retail Sales data. The upshot has been widespread gains for Sterling, with both the Pound US Dollar (GBP/USD) and Pound Euro (GBP/EUR) exchange rates posting some meaningful gains. Volatility continues for the Turkish Lira (TRY), however, amid mixed messages from Washington over possible sanctions following the country’s purchase of Russian military hardware. Pound Posts Best Day in 10 Weeks against US Dollar (GBP/USD) The British Pound US Dollar exchange rate (GBP/USD) posted its biggest day of gains in two-and-a-half months yesterday as markets reacted to ...

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July 18, 2019 9:09 am | AUD, Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs, No-Deal Brexit Likelihood Falls Falls (GBPEUR, GBPUSD, GBPAUD)

British Pound exchange rates remain under pressure with Brexit uncertainty continuing to loom large. However, against the US Dollar, Sterling found something of a reprieve yesterday after disappointing house building statistics were published across the Atlantic. With Theresa May now in her last week of office, concern over the potential for political chaos under her successor is likely to keep a lid on any upside for the Pound. The Aussie Dollar also performed notably well overnight, gaining ground over Sterling (AUD/GBP) after Aussie employment data suggested the Reserve Bank of Australia (RBA) may have done enough for now in terms of interest rate cuts. Update: The Pound has continued to climb against the Euro and US Dollar in Thursday's trading session. MPs backed an amendment that could prevent Conservative Party frontrunner Boris Johnson from shutting down Parliament to pass a no-deal Brexit in October. Update: Moving into ...

Read More
July 17, 2019 8:26 am | Brexit, EUR, GBP, TRY, USD, ZAR | by Lauren Bessent

Pound Recovering (GBP/USD, GBP/EUR, GBP/ZAR), UK Parliament votes, GBP/TRY Falls

Brexit is once again dominating the agenda for the British Pound, and with no-deal looking more likely, the associated economic shock is weighing on exchange rates almost right across the board. Sterling is down to two-year lows against the US Dollar (GBP/USD) and six-month lows against the Euro. Even the Turkish Lira (TRY) has the upper hand on the Pound (TRY/GBP), although the Sterling to Rand (GBP/ZAR) exchange rate is one notable outlier. There’s an expectation that the South African Reserve Bank (SARB) will adopt a more dovish policy stance tomorrow embarking on what could prove to be a run of rate cuts as a result. Update: By the close of the European trading session, the Pound was climbing against the US Dollar, Euro, and South African Rand, while falling against the Turkish Lira still. Today's UK Consumer Price Index inflation reading held steady at 2.0% ...

Read More
July 16, 2019 8:03 am | Brexit, EUR, GBP, NZD, USD | by Charlie Murray

Pound (GBP/EUR, GBP/USD) Slides on Brexit Trade Concerns, NZD Surges

The British Pound exchange rate had a difficult start to the week after a UK government minister poured cold water on the idea that a post-Brexit trade deal with the USA would be quickly implemented. Not only did this leave the Sterling – US Dollar (GBP/USD) exchange rate under pressure, but it also took a toll on the British Pound – Euro (GBP/EUR) exchange rate. Downside here could, however, be short-lived if forward-looking economic indicators for the Eurozone fail to impress. Further afield, the Pound lost ground to the Kiwi Dollar (GBP/NZD) after better-than-expected Chinese economic data served to buoy the outlook for the broader New Zealand economy. Sterling Stutters Amid Post-Brexit Trade Worries Despite it having been a quiet start to the week in terms of fundamental data, politics served to take a toll on the British Pound – US Dollar exchange rate (GBP/USD) after UK ...

Read More
July 10, 2019 11:14 am | CHF, GBP, USD | by Charlie Murray

Pound Struggles against US Dollar (GBPUSD) and Swiss Franc (GBPCHF)

Headwinds continue to build against Sterling with worries over Brexit and the broader economy taking a toll on the British Pound to US Dollar (GBP/USD) exchange rate. Today’s UK data releases may be able to provide some respite. The Federal Reserve may also give an indication over its desire to cut rates in a move that could see the US Dollar lose a little ground, while the Pound to Swiss Franc (GBP/CHF) rate is also falling as investors hunt out safe-havens in uncertain times. British Pound at Two Year Lows Selling pressure continued to build against the British Pound exchange rate yesterday. Speculation over the need for the Bank of England (BoE) to cut interest rates and renewed fears that a no-deal Brexit could still be seen heaped more pressure on Sterling, which had already been squeezed by disappointing Retail Sales numbers. The slide was sufficient to ...

Read More
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Latest EUR News

July 19, 2019 8:12 am | Brexit, EUR, GBP, TRY, USD | by Ashleigh Fox

British Pound Climbs against US Dollar and Euro (GBPUSD, GBPEUR) Turkish Lira Rises

Sterling found some long-overdue support yesterday against the US Dollar (GBP/USD) and Euro (GBP/EUR) after the EU’s chief Brexit negotiator hinted that an alternative plan for managing the Irish border may be developed. The House of Commons has also moved to make suspending Parliament in order to push through a no-deal Brexit that much more difficult, while UK economic data impressed with better-than-expected Retail Sales data. The upshot has been widespread gains for Sterling, with both the Pound US Dollar (GBP/USD) and Pound Euro (GBP/EUR) exchange rates posting some meaningful gains. Volatility continues for the Turkish Lira (TRY), however, amid mixed messages from Washington over possible sanctions following the country’s purchase of Russian military hardware. Pound Posts Best Day in 10 Weeks against US Dollar (GBP/USD) The British Pound US Dollar exchange rate (GBP/USD) posted its biggest day of gains in two-and-a-half months yesterday as markets reacted to ...

Read More
July 18, 2019 9:09 am | AUD, Brexit, EUR, GBP, USD | by Ben Scott

Pound Climbs, No-Deal Brexit Likelihood Falls Falls (GBPEUR, GBPUSD, GBPAUD)

British Pound exchange rates remain under pressure with Brexit uncertainty continuing to loom large. However, against the US Dollar, Sterling found something of a reprieve yesterday after disappointing house building statistics were published across the Atlantic. With Theresa May now in her last week of office, concern over the potential for political chaos under her successor is likely to keep a lid on any upside for the Pound. The Aussie Dollar also performed notably well overnight, gaining ground over Sterling (AUD/GBP) after Aussie employment data suggested the Reserve Bank of Australia (RBA) may have done enough for now in terms of interest rate cuts. Update: The Pound has continued to climb against the Euro and US Dollar in Thursday's trading session. MPs backed an amendment that could prevent Conservative Party frontrunner Boris Johnson from shutting down Parliament to pass a no-deal Brexit in October. Update: Moving into ...

Read More
July 17, 2019 8:26 am | Brexit, EUR, GBP, TRY, USD, ZAR | by Lauren Bessent

Pound Recovering (GBP/USD, GBP/EUR, GBP/ZAR), UK Parliament votes, GBP/TRY Falls

Brexit is once again dominating the agenda for the British Pound, and with no-deal looking more likely, the associated economic shock is weighing on exchange rates almost right across the board. Sterling is down to two-year lows against the US Dollar (GBP/USD) and six-month lows against the Euro. Even the Turkish Lira (TRY) has the upper hand on the Pound (TRY/GBP), although the Sterling to Rand (GBP/ZAR) exchange rate is one notable outlier. There’s an expectation that the South African Reserve Bank (SARB) will adopt a more dovish policy stance tomorrow embarking on what could prove to be a run of rate cuts as a result. Update: By the close of the European trading session, the Pound was climbing against the US Dollar, Euro, and South African Rand, while falling against the Turkish Lira still. Today's UK Consumer Price Index inflation reading held steady at 2.0% ...

Read More
July 16, 2019 8:03 am | Brexit, EUR, GBP, NZD, USD | by Charlie Murray

Pound (GBP/EUR, GBP/USD) Slides on Brexit Trade Concerns, NZD Surges

The British Pound exchange rate had a difficult start to the week after a UK government minister poured cold water on the idea that a post-Brexit trade deal with the USA would be quickly implemented. Not only did this leave the Sterling – US Dollar (GBP/USD) exchange rate under pressure, but it also took a toll on the British Pound – Euro (GBP/EUR) exchange rate. Downside here could, however, be short-lived if forward-looking economic indicators for the Eurozone fail to impress. Further afield, the Pound lost ground to the Kiwi Dollar (GBP/NZD) after better-than-expected Chinese economic data served to buoy the outlook for the broader New Zealand economy. Sterling Stutters Amid Post-Brexit Trade Worries Despite it having been a quiet start to the week in terms of fundamental data, politics served to take a toll on the British Pound – US Dollar exchange rate (GBP/USD) after UK ...

Read More
July 8, 2019 8:45 am | EUR, GBP, TRY, USD | by Ben Scott

Pound Recovers as No-Deal Brexit Possibility Ebbs; Turkish Lira Sinks (GBP/TRY)

Thin trading conditions following the 4th July holiday last week, combined with some significantly better than expected US economic data, left the US Dollar (USD) exchange rate to jump higher ahead of the weekend break. However, the Sterling Dollar (GBP/USD) currency pair has seen some respite as speculation mounts that a no-deal Brexit simply won’t happen. Elsewhere, the Turkish Lira (TRY) has been under significant pressure after the country’s President removed the central bank Governor following a disagreement over policy. Pound Slumps Against US Dollar (GBP/USD) after Non-Farm Payrolls The Pound to US Dollar (GBP/USD) exchange rate crashed lower on Friday in the wake of some far better-than-expected economic data from across the Atlantic. The pair moved below 1.2500 for the first time since the flash-crash at the start of the year, after US Non-Farm Payrolls showed strong job creation. However, the market was content to focus ...

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