Browse historical reporting from the Money Transfer UK newsroom.
The euro continues to trade at its highest level against the dollar since November 2011 as the dollar fell yesterday on unexpectedly poor US GDP data and the Federal Reserve voted to keep its low interest-rate policy…
A combination of risk appetite, a calmer and more positive outlook for the euro zone and very poor economic data out of the UK have combined to leave the pound struggling at the beginning of 2013 and it is now trading at…
The euro zone continues its rip-roaring start to the year with the publication of better than expected preliminary purchasing managers’ index (PMI) data which shows the composite (manufacturing and services) output in…
The International Monetary Fund (IMF) published its ‘World economic outlook’ yesterday, downgrading the growth forecasts for the global economy and advised that any economic upturn is expected to be more gradual than…
The pound continues to weaken against the majority of the 16 most actively traded currencies in the market after the publication of worse than expected UK public sector borrowing figures which further increases…
With trading volumes sharply down with New York closed due to Martin Luther King day, the pound slipped to a new 10 month low against the euro after further forecast at the weekend that the UK faces a ‘triple-dip’…
World stock markets are trading just shy of a four year high this morning as the overnight data from China shows that Chinese economic growth has accelerated for the first time in two years in the last quarter of 2012 as…
The full force of the economic slowdown continues at pace. Before Christmas, electrical retailer Comets went into administration. Last week it was the turn of photographic equipment retailer Jessops and so far this week…
The pound enjoyed a steadier day in the markets yesterday as UK inflation data came in, in line with expectations. The Office for National Statistics reported UK inflation was unchanged in December as rising gas and…
The euro rises to a nine month high against the pound The pound fell to a new nine month low against the euro yesterday as Friday’s data showing that the UK economy shrank by 0.3% in December, paving the way for the…
The rise in risk appetite continues unabated improving the outlook for the high yielding risk based currencies like the Australian dollar, New Zealand dollar and South African Rand and diminishing demand for the safe…
Data out overnight from China showing that Chinese exports and imports rebounded strongly in December not only point to solid economic growth both in China and abroad for the year ahead but gave a big boost to overnight…
The euro continues on its upward trajectory despite some poor data out of the euro zone yesterday as the pressure on the pound mounts following some poor economic data last week and an ever growing expectation that the…
The pound remains under considerable pressure against the 16 most actively traded currencies in the market as an endless stream of poor UK economic data continues to be published ahead of the Bank of England’s next…
