Browse historical reporting from the Money Transfer UK newsroom.
The pound rose yesterday against both the euro and the US dollar following the latest batch of data out of the UK economy and fresh comments from the Bank of England regarding future interest rate movements. The Office…
The pound gave up some of its recent gains against the euro yesterday after the publication of the latest minutes of the last Monetary Policy Committee’s (MPC) rate-setting meeting at the Bank of England (BoE) showed…
The pound opened this short trading week trading at a 4 week high against the euro and a 4 year high against the US dollar. Confidence about the UK economic recovery, concerns about policy initiatives from the European…
The pound benefited yesterday from the latest UK inflation data out from the Office for National Statistics (ONS). The ONS reported that UK consumer prices expanded at the rate of 1.6% year-on-year in March, down on the…
The euro remains under pressure on the back of the dovish comments made by the European Central Bank (ECB) President Mario Draghi, an increase in tension in the Ukraine and some newspaper reports that Benoit Coure, a…
The pound gave up its recent gains yesterday against the euro and the US dollar despite the Bank of England keeping monetary policy unchanged for at least another month. The Monetary Policy Committee (MPC) voted to…
The pound rose again against both the euro and the US dollar but continues to come off against the high-yielding currencies like the Australian and New Zealand dollars as risk appetite makes a return to the financial…
The pound enjoyed a solid day of gains in the market yesterday rising to within one cent of its January high’s against both the euro and the US dollar finding support in the latest data from the Office for National…
The latest US employment report out on Friday disappointed leading to a worldwide sell-off in the stock markets led by technology stocks. The increase in risk aversion allowed the pound to make a strong start to the…
The US dollar continues to strengthen from recent lows after another piece of better than expected US economic data. The US Bureau of Labor Statistics (BLS) reported on Friday that the US non-farm payrolls rose by…
Despite some worse than expected UK economic data out for the second time this week, the pound continued to recover against the euro as the euro itself came under pressure yesterday. In the UK, the Markit/CIPS services…
The pound recovered the losses incurred on Monday after a day of better data releases in the UK and further poor data from the euro zone. In the UK, the Nationwide reported that UK house prices rose by 0.4% in March to…
The pound fell yesterday against the euro after Markit released its latest UK manufacturing purchasing managers index (PMI) which showed the index has fallen to an eight-month low with a figure of 55.3 in March, down…
The pound ended the first quarter of 2014 in subdued fashion after another batch of decidedly mixed data out yesterday. The Bank of England reported that the rate of growth in the UK’s money supply fell by 0.1% in…
