Email not displaying correctly for you? View it in your browser instead. |
|---|
|
|---|
|
Weekly Market Analysis October 2nd 2017 |
|---|
|
|---|
|
|
GBP stumbles, US dollar strengthens, EUR fluctuates Let’s catch up on the latest exchange rate movements and take a look at the currency news you should be watching out for this week. |
|---|
|
|---|
|
Today's Rate The rates above are using the British pound (GBP) as the base rate. All rates are for indication purposes only. Prices can vary dramatically based on amount and delivery date. |
|
|---|
| | "Sterling is also likely to fluctuate as the Conservatives gather for a two-day party conference in Manchester."  Transfer 24/7 with our currencies direct app   |
|---|
|
|---|
|
UK growth woes send GBP lower Sterling closed out last week lower against a number of its rivals as concerns about the UK’s growth outlook weakened demand for the British currency. |
|---|
|
|---|
|
EUR recovers from election losses The outcome of the German Election left the euro struggling at the beginning of last week, but the common currency has since recovered from its worst levels. |
|---|
|
|---|
|
Will jobs data send USD exchange rates higher? The GBP/USD exchange rate fell from a 14-month high last week as poor UK data and Bank of England (BoE) rate hike speculation undermined the pound while the US dollar was supported by surprisingly hawkish statements from the Federal Reserve. |
|---|
|
|---|
|
RBA rate decision in focus At the start of last week the Australian and New Zealand dollars lost ground to Sterling as the British currency was strengthened by optimism surrounding the UK’s Brexit negotiations. |
|---|
|
|---|
|
|
