Sterling on a rise against the Euro

The pound has risen to a 5-week high trading against the Euro as concerns about the Eurozone raised their heads again. Concerns have risen after the main Irish opposition party has announced that it will not be backing next month’s budget. A report in newspapers have stated that proposed cuts of €6bn will not be [...]

Pound falls to 6-month Euro low, ready for the October break

Families taking the last opportunity of going away to the Eurozone in school holidays this year will find the break more expensive than during the summer, after the Pound fell to a Euro low that has not been seen since April. Losing 2 cents in just 36 hours of trading, the pound now stands at [...]

Sterling hits 8 month dollar high

The pound hit an 8-month high against the US Dollar today of $1.610 before falling back slightly to $1.603. This movement, compared to the exchange rate 4 months ago of $1.43 has come whilst the pound has fallen slightly against the Euro. Today’s changes were caused by the US monetary chief’s hint that their own [...]

The Dollar hits a 15-year low against the Yen

The US Dollar has weakened against a raft of currencies, taking it to a 15-year low against the Yen of just 81.37 yen per US Dollar. Although it has recovered ever so slightly to 81.99 Yen, it is not far from the all time low of 79.75 yen, which was reached in April 1995. Whilst [...]

The Pound Hits 5 Month Euro Low

Bad news for those planning to use the October half term as the last chance for a bit of foreign sun this year as poor financial made the Pound fall against the Euro. Sterling fell from €1.140 overnight to €1.136 before regaining to €1.144, marking a 5 month low. This was caused by the reports [...]

Collapse Of Travel Money Firm Leaves Travellers Cashless

The collapse this weekend of a foreign exchange provider has potentially left 13,000 travelers, businesses and holiday home buyers without their expect foreign exchange. Crown Currency Exchange, or CCE, has had its bank accounts frozen and MCR have been appointed as administrators. Paul Clark of MCR said: “At this stage no currency order due for [...]



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