28 July 2023 Buying Euros and Dollars at Heathrow: Holiday Money Costs Exceptionally High

The cost of buying holiday money at Heathrow airport remains exceptionally high with significant spreads being charged for those looking to pick up cash prior to departure.

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28 July 2023 ECB Opens the Door to Bank of England Pause

GBPEUR back near 1.17 amidst broader EUR pullback after ECB signals rate hiking cycle is likely done.

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26 July 2023 Pound Sterling Hedging Opportunity or Imperative Rarely Greater 

Pound Sterling has remained an outperformer among major currencies for the year in recent trading but with market interest rate assumptions implying close to unprecedented monetary tightening still…

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26 July 2023 Pound Sterling Underpinned by Multi-month High in Consumer and Business Confidence Readings

Pound extends recovery against Euro & Dollar, UK consumer confidence at 18-month peak.

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23 July 2023 Pound to Take Direction from ECB and Fed this Week

The British Pound is under pressure and has lost its crown as 2023's best-performing major currency after it was revealed last week that UK inflation rates had fallen substantially in June and the …

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21 July 2023 Retail Sales Boost Offers Pound Sterling a Temporary Floor

The British Pound could find some near-term direction from UK retail sales, out shortly at 7AM BST, but any moves will likely be faded as the broader readjustment in the wake of Wednesday's inflati…

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19 July 2023 Pound Sterling Hurtles Lower against Euro and Dollar Following "Watershed" Inflation Reading

Good news for households and businesses as UK inflation came in well below expectation in June, but for the British Pound the slowdown in price rises could spell weakness.

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