Latest Currency Today Blog Posts



credit card debt uk Worrying Levels of Credit Card Debt in UK Households Posted on Wednesday 7th December, 2016
GB POUND A mixed start to the week for the pound as it started the week trading at 1.1725 against the euro, and 1.2495 against the US dollar. It quickly began to come under pressure following a report from the OECD (Organisation for Economic Co-operation and Development) who are predicting that growth in the UK will begin the fall over the coming years. They expect growth to slow to 1.2%. The Governor of the Bank of England, gave a warning about the worrying levels of debt in UK households. Figures



fcexchange-blog PM may seek a transitional deal with the EU as part of “Brexit” Posted on Thursday 1st December, 2016
GB POUNDThe pound started the week losing some of last week’s gains trading at 1.1607 against the Euro, and 1.2339 against the US Dollar. On Monday Theresa May hinted that she may seek a transitional deal with the EU as part of “Brexit”. Speaking at the annual CBI conference May said “Obviously as we look at the negotiation we want to get the arrangement that is going to work best for the UK and the arrangement that is going to work best for business in the UK. And I’m conscious that there