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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

January 22, 2019 8:55 am | Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rates (GBP/EUR, GBP/USD) Surge on UK Employment Data

The Pound managed to gain some support against the US Dollar (GBP/USD) in yesterday's session after a sell-off on Friday. Theresa May's statement in parliament on Monday has buoyed confidence, but GBP/USD has struggled to maintain gains overnight.  Update: UK Labour Market Figures Give Pound (GBP/USD, GBP/EUR) a Boost Tuesday's session saw the GBP/USD exchange rate climb over a cent on positive labour market data. The UK Unemployment rate hit 4.0% in the three months through November, down from the 4.1% seen in the previous reading. Additionally, Average Weekly Earnings shit up to 3.4% in the same time period, defying forecasts of holding steady at 3.3% and a 10-year high. Euro Exchange Rate Slips Against US Dollar (EUR/USD) Meanwhile, the Euro has been on a downward trajectory against the US Dollar (EUR/USD) as concern mounts that the European Central Bank (ECB) will release dovish meeting minutes from this week's ...

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January 19, 2019 8:00 am | Brexit, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Sterling Exchange Rate (GBP/EUR, GBP/USD) Forecast This Week

Last week, the market found political developments continually impacting currencies as Brexit and US-China trade talks unfolded. The week ahead is likely to continue with politics in focus, but there are some pieces of economic data which will be watched closely.  Update: GBP/EUR, GBP/USD Exchange Rates in Tight Range ahead of May's Statement Both the Pound to Euro (GBP/EUR) and Pound to US Dollar (GBP/USD) exchange rates have begun the week in a tight range as investors await Theresa May's statement in parliament. GBP/USD has been within an interbank range of 1.2880 and 1.2830, while GBP/EUR has been trading in the regions of 1.1330 and 1.1283. Meanwhile, data has shown Chinese growth has dropped to its slowest pace in almost 30 years. China's economy recorded 6.6% growth in 2018, a 28-year low, as the effects of the US-China trade war came to light. Monday The week begins with politics very ...

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January 16, 2019 6:55 am | Brexit, GBP | by Charlie Murray

Pound Exchange Rate Climbs Following Brexit Vote; BoE’s Carney Speaks

It's an interesting day ahead for the Pound exchange rate, not only is Sterling still dealing with the aftermath of last night's political vote, but the British currency also has to cope with a slew of influential economic data. Sterling has been rising across the board against other currency majors on Wednesday morning, as the prospect of a no-deal Brexit, or indeed any Brexit at all seemed to ebb.  It's fair to say Brexit and UK political developments will be the main event for the British Pound exchange rate today and in the near future, but investors will be keen to look at underlying economic fundamentals in order to see how political upheaval has impacted the UK economy, and make central bank rate hike predictions. Sterling began yesterday's trading in a relatively stable position, even making gains against a host of other majors. Sterling's buoyancy was attributed ...

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January 15, 2019 11:31 am | Brexit, CAD, EUR, GBP, INR | by Ashleigh Fox

GBP Investors Await Brexit Vote; German Growth Hits Five-Year Low

The Pound exchange rate has been steadily climbing in the last few sessions as optimism that the UK won't crash out of the EU without a deal builds. Despite Theresa May's deal being forecast with failure in garnering the support it needs, recent developments have limited the UK's chance of a disorderly Brexit. GBP/EUR, GBP/CAD, GBP/INR Exchange Rates Await Brexit Vote Outcome Investors in the Pound exchange rate are awaiting the next stage of Brexit tonight when MPs vote on Theresa May's deal. Although the deal is largely expected to fail, with some suggesting it could be the biggest parliamentary defeat in 95 years. Around 70 members of her Conservative Party and a number of other members of the Democratic Unionist Party which prop up the government, have announced they'll be siding with the opposition, which could feasibly result in an embarrassing defeat with a margin of ...

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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 was fuelled by the UK's powerhouse service sector, but car production fell which caused a slowdown in British manufacturing. UK Growth Drops - Pound Exchange Rate Holds Steady Office for National Statistics representative Rob Kent-Smith commented: 'Growth in the UK economy continued to slow in the three months to November 2018 after performing more strongly through the middle of the year. Accountancy and housebuilding again grew but a number of other areas were sluggish. Manufacturing saw a steep decline, with car production and the often-erratic pharmaceutical industry both performing poorly.' Ford and Jaguar Land ...

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Latest Video Content

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

January 22, 2019 8:55 am | Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rates (GBP/EUR, GBP/USD) Surge on UK Employment Data

The Pound managed to gain some support against the US Dollar (GBP/USD) in yesterday's session after a sell-off on Friday. Theresa May's statement in parliament on Monday has buoyed confidence, but GBP/USD has struggled to maintain gains overnight.  Update: UK Labour Market Figures Give Pound (GBP/USD, GBP/EUR) a Boost Tuesday's session saw the GBP/USD exchange rate climb over a cent on positive labour market data. The UK Unemployment rate hit 4.0% in the three months through November, down from the 4.1% seen in the previous reading. Additionally, Average Weekly Earnings shit up to 3.4% in the same time period, defying forecasts of holding steady at 3.3% and a 10-year high. Euro Exchange Rate Slips Against US Dollar (EUR/USD) Meanwhile, the Euro has been on a downward trajectory against the US Dollar (EUR/USD) as concern mounts that the European Central Bank (ECB) will release dovish meeting minutes from this week's ...

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January 19, 2019 8:00 am | Brexit, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Sterling Exchange Rate (GBP/EUR, GBP/USD) Forecast This Week

Last week, the market found political developments continually impacting currencies as Brexit and US-China trade talks unfolded. The week ahead is likely to continue with politics in focus, but there are some pieces of economic data which will be watched closely.  Update: GBP/EUR, GBP/USD Exchange Rates in Tight Range ahead of May's Statement Both the Pound to Euro (GBP/EUR) and Pound to US Dollar (GBP/USD) exchange rates have begun the week in a tight range as investors await Theresa May's statement in parliament. GBP/USD has been within an interbank range of 1.2880 and 1.2830, while GBP/EUR has been trading in the regions of 1.1330 and 1.1283. Meanwhile, data has shown Chinese growth has dropped to its slowest pace in almost 30 years. China's economy recorded 6.6% growth in 2018, a 28-year low, as the effects of the US-China trade war came to light. Monday The week begins with politics very ...

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January 9, 2019 12:32 pm | GBP, USD | by Lauren Bessent

Exchange Rates: US Dollar Waits for China Trade Talk Statements, Pound Sensitive to Brexit

The Pound to US Dollar (GBP/USD) and Euro (GBP/EUR) exchange rates were trading in a tight range on Wednesday. The Eurozone had some good news in terms of economic data after the Eurozone Unemployment Rate fell from a positively revised 8.0% in October, to 7.9% in November. Forecasts had suggested the November reading would come in at 8.1%. The ecostat marks a 10-year low.  Eurostat said: 'Among the Member States, the lowest unemployment rates in November 2018 were recorded in Czechia (1.9%), Germany (3.3%) and the Netherlands (3.5%). The highest unemployment rates were observed in Greece (18.6% in September2018) and Spain (14.7%). Compared with a year ago, the unemployment rate fell in all Member States except Estonia where it remained stable. The largest decreases were registered in Croatia (from 10.0% to 7.8%), Greece (from 20.8% to 18.6% between September 2017 and September 2018) and Spain (from ...

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January 4, 2019 2:40 pm | Brexit, Central Banks, EUR, GBP, USD | by Lauren Bessent

USD Exchange Rate Claims Highs, US Non-Farm Payrolls Jump

The first week of 2019 has been an eventful one for markets. Dismal sales numbers from Apple created a flash crash in the market, causing the Pound to slump near two-year lows versus the US Dollar (GBP/USD). Other currencies also felt the effects; the South African Rand reached a three-month low (ZAR/USD), the Australian Dollar tumbled to a 10-year low (AUD/USD), and the Japanese Yen jumped as investors headed for safe-haven assets. Brexit Fears Mount as Confidence Falls - GBP Vulnerable Weighing on the Pound at the moment are Brexit concerns. Markets are fearing a disorderly Brexit and companies are stockpiling supplies in case of trade disruptions. Investors are looking towards the mid-January vote on Theresa May's Brexit proposal, which still remains unpopular. The European Union isn't open to renegotiating, and the Democratic Unionist Party which props up May's government still has problems with the deal. Amid ...

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January 2, 2019 12:36 pm | AUD, Brexit, GBP, Politics, USD | by Ashleigh Fox

US Dollar (AUD/USD, GBP/USD) Exchange Rate Forecast

The US Dollar is trading higher against both the Pound Sterling (USD/GBP) and Australian Dollar (USD/AUD) exchange rates today, as markets reconvene from the winter holidays. There have been multiple global growth concerns in recent years, with many experts fearing a slowdown in China could hinder progression the world over. Today's weak Chinese factory output figures have solidified many concerns, and the Australian Dollar to US Dollar (AUD/USD) exchange rate slipped by 0.6% to reach the lowest level since January 2016 on the poor numbers from Australia's largest trading partner. The AUD/USD exchange rate has been in danger of dropping below the 70 US cents mark, and as a key psychological level, should the pair dip below this threshold, it could easily spur more losses. China's Manufacturing Fall Sees Australian Dollar Drop Vs US Dollar China's manufacturing sector noted it's first contraction in 19 months, which rippled into ...

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Latest EUR News

January 22, 2019 8:55 am | Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rates (GBP/EUR, GBP/USD) Surge on UK Employment Data

The Pound managed to gain some support against the US Dollar (GBP/USD) in yesterday's session after a sell-off on Friday. Theresa May's statement in parliament on Monday has buoyed confidence, but GBP/USD has struggled to maintain gains overnight.  Update: UK Labour Market Figures Give Pound (GBP/USD, GBP/EUR) a Boost Tuesday's session saw the GBP/USD exchange rate climb over a cent on positive labour market data. The UK Unemployment rate hit 4.0% in the three months through November, down from the 4.1% seen in the previous reading. Additionally, Average Weekly Earnings shit up to 3.4% in the same time period, defying forecasts of holding steady at 3.3% and a 10-year high. Euro Exchange Rate Slips Against US Dollar (EUR/USD) Meanwhile, the Euro has been on a downward trajectory against the US Dollar (EUR/USD) as concern mounts that the European Central Bank (ECB) will release dovish meeting minutes from this week's ...

Read More
January 19, 2019 8:00 am | Brexit, EUR, GBP, Politics, USD | by Ashleigh Fox

Pound Sterling Exchange Rate (GBP/EUR, GBP/USD) Forecast This Week

Last week, the market found political developments continually impacting currencies as Brexit and US-China trade talks unfolded. The week ahead is likely to continue with politics in focus, but there are some pieces of economic data which will be watched closely.  Update: GBP/EUR, GBP/USD Exchange Rates in Tight Range ahead of May's Statement Both the Pound to Euro (GBP/EUR) and Pound to US Dollar (GBP/USD) exchange rates have begun the week in a tight range as investors await Theresa May's statement in parliament. GBP/USD has been within an interbank range of 1.2880 and 1.2830, while GBP/EUR has been trading in the regions of 1.1330 and 1.1283. Meanwhile, data has shown Chinese growth has dropped to its slowest pace in almost 30 years. China's economy recorded 6.6% growth in 2018, a 28-year low, as the effects of the US-China trade war came to light. Monday The week begins with politics very ...

Read More
January 15, 2019 11:31 am | Brexit, CAD, EUR, GBP, INR | by Ashleigh Fox

GBP Investors Await Brexit Vote; German Growth Hits Five-Year Low

The Pound exchange rate has been steadily climbing in the last few sessions as optimism that the UK won't crash out of the EU without a deal builds. Despite Theresa May's deal being forecast with failure in garnering the support it needs, recent developments have limited the UK's chance of a disorderly Brexit. GBP/EUR, GBP/CAD, GBP/INR Exchange Rates Await Brexit Vote Outcome Investors in the Pound exchange rate are awaiting the next stage of Brexit tonight when MPs vote on Theresa May's deal. Although the deal is largely expected to fail, with some suggesting it could be the biggest parliamentary defeat in 95 years. Around 70 members of her Conservative Party and a number of other members of the Democratic Unionist Party which prop up the government, have announced they'll be siding with the opposition, which could feasibly result in an embarrassing defeat with a margin of ...

Read More
January 4, 2019 2:40 pm | Brexit, Central Banks, EUR, GBP, USD | by Lauren Bessent

USD Exchange Rate Claims Highs, US Non-Farm Payrolls Jump

The first week of 2019 has been an eventful one for markets. Dismal sales numbers from Apple created a flash crash in the market, causing the Pound to slump near two-year lows versus the US Dollar (GBP/USD). Other currencies also felt the effects; the South African Rand reached a three-month low (ZAR/USD), the Australian Dollar tumbled to a 10-year low (AUD/USD), and the Japanese Yen jumped as investors headed for safe-haven assets. Brexit Fears Mount as Confidence Falls - GBP Vulnerable Weighing on the Pound at the moment are Brexit concerns. Markets are fearing a disorderly Brexit and companies are stockpiling supplies in case of trade disruptions. Investors are looking towards the mid-January vote on Theresa May's Brexit proposal, which still remains unpopular. The European Union isn't open to renegotiating, and the Democratic Unionist Party which props up May's government still has problems with the deal. Amid ...

Read More
December 28, 2018 8:00 am | Brexit, EUR, GBP, Politics | by Charlie Murray

GBP/EUR Exchange Rate – 2018 in Review and 2019 Forecast

The Pound to Euro (GBP/EUR) exchange rate has had an interesting year, and for anyone with a currency requirement, it’s often been hard to predict how the currency pair might fare. Looking back on 2018, GBP/EUR appears to be approaching the end of the year at similar levels to how it began. The Pound to Euro currency pair might have hit highs of 1.15, almost breaching 1.16, it’s also dwelled at lows of 1.10, verging on dropping into 1.09 territory. Pound to Euro (GBP/EUR) Exchange Rate 2018: Brexit and Politics 2018 began with levels of 1.12 in January, and as markets approach year-end, GBP/EUR resides at around 1.11, waiting to surge higher on some good Brexit news. However, there’s a lot weighing on the Pound. While UK domestic politics have been unstable since the Brexit referendum, snap elections, Conservative Party MPs quitting, Brexit Secretary resignations, and votes ...

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