Latest Currency Today Blog Posts

fcexchange-blog Global Economic News Update Posted on Thursday 2nd February, 2017
GB POUNDThe pound started the week on the front foot, trading at 1.1585 against the euro, and 1.2448 against the US dollar. On Tuesday the supreme court ruled 8 to 3 that the government cannot trigger article 50 without an act of parliament. MP’s are now pushing for the government to publish it’s “Brexit” plan in a formal policy document, meanwhile the Scottish government will begin setting out its official response to the supreme court ruling. The UK economy expanded by 0.6% in the fourth

brexit-1478118_1920 Theresa May’s 12-point Key Note Brexit Speech Posted on Friday 27th January, 2017
GB POUNDAnother bad start to week for the pound, it started the week trading at 1.1345 against the Euro, and 1.2033 against the US Dollar as fears around “Brexit” are making investors nervous. Theresa May made a key speech at Lancaster house on Tuesday to outline Britain’s negotiation strategy for leaving the EU, many investors fear leaving the single market, the so called “hard Brexit” Inflation in the UK has increased to 1.6%. Rising air fares and higher food prices are the key driver