Money Transfer.co.uk

Compare money transfers, currency exchange and international transfer

Sun 24 Jan 2021 03:24GMT

Compare Money Transfers. Safe. Fast. Free.

A money transfer through a foreign exchange broker is the smart move. With excellent exchange rates and fee-free transfers, you could save time and money.

I need to send money...

Latest News at MoneyTransfer.co.uk

Latest currency exchange news at MoneyTransfer.co.uk.
British Pound to US Dollar Exchange Rate Near New 2-Level Best as Sentiment Continues to Improve Published: 21 Jan at 5 PM
The Pound rally has been gathering steam while risk aversion and US economic concerns weigh on the US Dollar, making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to trend near its best levels in years. Since opening this week at the level of 1.3585, GBP/USD has been trending higher save for a brief dip near the...
British Pound to US Dollar Exchange Rate Flounders as Markets Digest Political Chaos Published: 7 Jan at 5 PM
Amid the tail-end of a chaotic week for global markets, the British Pound to US Dollar (GBP/USD) exchange rate has steadied. Investors continue to digest the events of the past few days, but the US Dollar may strengthen if upcoming data impresses. After opening this week at the level of 1.3676, GBP/USD briefly edged higher and touched on...
Pound to Euro (GBP/EUR) Exchange Rate Dips as Brexit Fears Weigh on UK Market Optimism Published: 24 Nov at 4 PM
The Pound to Euro (GBP/EUR) exchange rate fell today after the Bank of England’s (BoE) Governor, Andrew Bailey, commented that Brexit could cause more damage to the British economy than Covid-19. As a result, GBP investors have become increasingly jittery as UK-EU trade talks have failed to emerge with any certain signs of a post-Brexit...
GBP/USD Exchange Rate Rises as Covid-19 Vaccine Hopes Boost UK Economic Mood Published: 10 Nov at 5 PM
The Pound rose against the US Dollar today following positive news that the UK could receive up to 10 million Covid-19 vaccine as early as the end of the year. UK Health Minister Matt Hancock was confident that vaccines could be rolled out by December. The British Medical Association commented: ‘Vaccine availability will be...
Euro to US Dollar Exchange Rate Sees Heavy Fluctuations with US Election Still Far from Certain Published: 4 Nov at 5 PM
The Euro to US Dollar (EUR/USD) exchange rate has seen intensifying volatility and fluctuations since last night, as the results of the 2020 US Presidential Election turn out to be far less clear than expected. Since opening this week, EUR/USD been trending with a largely downside bias as investors continue to avoid risks. EUR/USD opened...
British Pound to US Dollar Exchange Rate Avoids Major Losses amid Resilient Market Sentiment Published: 23 Oct at 5 PM
Both the Pound and US Dollar weakened today, ending the week with a jittery note for the British Pound to US Dollar (GBP/USD) exchange rate. Investors may be more likely to buy the pair in the coming weeks though as UK and US political uncertainties clear up. Since opening this week at the level of 1.2915, GBP/USD has been trending with...
British Pound to US Dollar Exchange Rate Jittery Ahead of US Presidential Debate Published: 29 Sep at 5 PM
Both the Pound and US Dollar weakened today, leaving the British Pound to US Dollar (GBP/USD) exchange rate jittery in anticipation of tonight’s US Presidential Debate. Following last week’s tumble from the level of 1.2918 to 1.2742, GBP/USD has been trending with an upside bias this week so far. Though GBP/USD’s advances have...
Pound to US Dollar (GBP/USD) Sinks as Fed Announces 'Unlimited QE' Program Published: 23 Mar at 5 PM
The Pound to US Dollar (GBP/USD) exchange rate fell by over -1% after the US Federal Reserve launched an ‘unlimited’ quantitative easing program to boost the US economy. The pairing is currently fluctuating around $1.146. Chris Rupkey, the Chief Financial Economist at MUFG Union Bank, commented: “Fed policy is shifting into a higher...
Pound to Euro Rises, UK Hopes to 'Turn the Tide' of the Coronavirus in 12-Weeks Published: 20 Mar at 5 PM
The Pound Euro (GBP/EUR) exchange rate recovered from its 11-month lows against after the Bank of England (BoE) cut its interest rates to an all-time low of 0.1%. The Bank also announced £200bn of money creation to help the UK’s economy throughout the coronavirus pandemic. Tom Stevenson, an Analyst at Fidelity International, commented...
Pound US Dollar (GBP/USD) Plummets to Lowest Level Since 1985 Published: 18 Mar at 5 PM
The Pound US Dollar (GBP/USD) plummeted by over -2% and is currently trading around $1.17, its lowest level since 1985. Traders have flocked to the safe-haven refuge of the US Dollar (USD) today with the ongoing coronavirus crisis threatening to push the global economy into a recession. Thomas Flury, a Currency Strategist at the Swiss...
US Dollar South African Rand (USD/ZAR) Sinks as Fed Rate Cut Odds Rise Published: 10 Mar at 3 PM
The US Dollar South African Rand (USD/ZAR) exchange rate fell by -0.7% today, with the pairing currently trading around R15.920 as the ‘Greenback’ continues to suffer from falling US bond yields and fears of another US Federal Reserve rate cut. Michael Gapen, the Head of US Economics Research at Barclays, commented that the...
British Pound to Japanese Yen Exchange Rate Nears Monthly Best as Risk-Sentiment Returns Published: 19 Feb at 4 PM
Despite the Pound tumbling against most major currencies today, the British Pound to Japanese Yen (GBP/JPY) exchange rate continued to climb. While the pair has struggled to hold its best levels, investors are selling safe haven currencies like the Japanese Yen due to coronavirus developments and this is making it easier for the pair to avoid...
Pound Jumps 1.2% Against New Zealand Dollar as BoE Leaves Rates on Hold Published: 30 Jan at 4 PM
The Pound New Zealand Dollar (GBP/NZD) exchange rate jumped 1.2% this afternoon following the UK central bank meeting, leaving the pairing trading at around NZ$2.0187. On Thursday, the Bank of England (BoE) left interest rates on hold, stating the economy had picked up since the General Election, meaning further stimulus was not currently...
British Pound to Australian Dollar Exchange Avoids Losses despite Strong Australian Inflation Report Published: 29 Jan at 5 PM
Despite some strong Australian data published today, the Australian Dollar was unable to sustain much of a recovery from this week’s tumbles and the British Pound to Australian Dollar (GBP/AUD) exchange rate continued to trend high. Since opening this week at the level of 1.9154, GBP/AUD has been trending higher due largely to global...
British Pound to Australian Dollar Exchange Rate Drops Back from 2020 Best on Surprising Australian Job Report Published: 23 Jan at 3 PM
The British Pound to Australian Dollar (GBP/AUD) exchange rate has seen significant gains over the past week, but the pair has finally cooled after yesterday’s volatile movement thanks to some strong Australian data. As Australia’s latest job market report was strong, it helped the Australian Dollar to rebound from its recent...
Pound Euro (GBP/EUR) Exchange Rate Falls as Markets Fear Hung Parliament Published: 12 Dec at 4 PM
The Pound Sterling Euro (GBP/EUR) exchange rate was volatile, as British voters took to the polls on Thursday, leaving the pairing trading around €1.1819. Over the course of the week, the Pound has been buoyed by Brexit optimism reaching a two-and-a-half-year high against the single currency. Overnight, GBP volatility increased to...
British Pound to Euro Exchange Rate Knocked from 6-Month Best as Markets Digest Election News and Ecostats Published: 12 Nov at 1 PM
Following a jump in demand for the Pound yesterday, the British Pound to Euro (GBP/EUR) exchange rate has seen more mixed movement today. Investors sold the pair from its best levels overnight, but UK election hopes and mixed Eurozone data have meant that its losses are limited. As a result, GBP/EUR is on track to have sustained most of...
Pound Australian Dollar (GBP/AUD) Exchange Rate Flat as MPs Agree to Pre-Christmas Election Published: 30 Oct at 1 PM
The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted today, as MPs began preparations for a pre-Christmas election, leaving the pairing trading around AU$1.8795. Sterling was supported this week on increased hopes the UK will avoid crashing out of the European Union without a deal thanks to a three-month...
British Pound to US Dollar Exchange Rate May Soar Higher if Federal Reserve Turns Dovish Published: 13 Sep at 5 PM
While the Pound’s late-week gains on Brexit hopes were volatile and likely temporary, the British Pound to US Dollar (GBP/USD) exchange rate still sustained impressive gains last week overall. The US Dollar struggled to avoid losses against Sterling due to expectations for the Federal Reserve to cut US interest rates next week. After...
Pound New Zealand Dollar (GBP/NZD) Falls as BoE Warns of Likely Brexit Recession on No-Deal Published: 1 Aug at 5 PM
The Pound New Zealand Dollar (GBP/NZD) exchange rate eased today, leaving the pairing fluctuating around NZ$1.850. Sterling fell against the New Zealand Dollar following the announcement of the Bank of England’s interest rate decision today, which held at 0.75%. However, Mark Carney, the Governor of the BoE, was downbeat in his...

Live Currency Cross Rates