Browse historical reporting from the Money Transfer UK newsroom.
The pound opened yesterday morning at its best rate since August 2010 against the Australian dollar ahead of key central bank policy decisions over the next few days. Rumours in the market that the Reserve Bank of…
The markets began the week in a subdued mood ahead of the latest monthly policy announcements from the US Fed; Bank of England and the European Central Bank and the release of the key unemployment data from the US, all…
The pound fell against both the euro and the dollar yesterday despite the release of official data showing that economic growth in the UK in the three months to June was double that of the first quarter of the year. The…
The euro strengthened across the board yesterday on the back of much better than expected data. The Markit euro zone manufacturing sector purchasing managers´ index surprised on the upside with a rise from last month’s…
Mixed data out yesterday muddied the picture in the world markets. In the UK, the British Chambers of Commerce (BCC) reported that UK export activity has reached its highest level since the financial crisis erupted in…
In a very quiet news day, market sentiment continues positive on the back of last week’s better than expected data from the two biggest economies in the world, the USA and China. In the UK, data showed that UK government…
The pound rose against the majority of the sixteen most actively traded currencies in the world for a second day in a row yesterday. On Wednesday, better than expected UK employment data and a hint by the Bank of England…
The pound had a rare good day in the markets yesterday, supported on the release of the minutes of the Bank of England meeting from earlier this month, the first chaired buy new Governor Mark Carney and better than…
The release yesterday of the latest UK inflation data did little to bolster the pound as it continues to lose ground against virtually all of the 16 most actively traded currencies in the market, The Office for National…
The trading week started with a return to ‘risk appetite’ after data showed that Chinese gross domestic product (GDP) growth fell from 7.7% to 7.5% in the second quarter in line with expectations. This drove the world…
The US dollar remains centre-stage in the markets following the publication of the minutes of the latest Federal Reserve Open Market (FOMC) committee report. The minutes show a divided committee and together with some…
Having reached a 3 year high against both the pound and the Japanese Yen on Tuesday, the US dollar eased considerably last night following more dovish than expected minutes from the last Federal Reserve policy meeting.…
The US dollar hit a three year high against the other major currencies including the pound sterling and the Japanese Yen ahead of the publication of the minutes from the last US Federal Reserve policy meeting. With the…
The pound opened the trading week on the ‘back foot’ following the dovish comments from the Bank of England’s latest policy meeting, the first under the guidance of new Governor Mark Carney last Thursday. This, despite…
Having risen for three straight days on the back of better than expected UK economic data, the pound fell sharply yesterday afternoon after the latest monthly policy announcement from the Bank of England (BoE), the first…
The theme of better than expected UK economic data out this week continued yesterday with the publication of the UK purchasing managers' index (PMI) on the service sector rose from a figure of 54.9 in May to 56.9 in…
The pound made an effort to recover some of the losses incurred on Monday on the back of further better than expected UK economic data. The British Chambers of Commerce (BCC) reported yesterday that UK business…
The pound fell against the majority of the 16 most actively traded currencies yesterday despite the publication of the strongest UK manufacturing activity data in over two years. The Markit/CIPS Purchasing Managers’…
