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Latest News on Currency Transfers

Euro rallies

Pound Sterling While the Pound initially advanced yesterday as the UK’s GDP report confirmed that the nation’s economy enjoyed its strongest year of growth since 2007, the British currency went on to pare gains against the US Dollar and Euro. The ‘Cable’ remained close to a 2 ½ year hig…

Pound pushes towards a 2 ½ year high against US Dollar

Sendmoneyhome currency report Pound Sterling The Pound made gains against the Euro and pushed towards a 2 ½ year high against the US Dollar ahead of the release of data which is expected to show that the UK economy expanded in the last quarter of 2013. US Dollar The US Dollar …

US Dollar recovers from low against the Yen

Send money home currency update Pound Sterling The Pound halted a two-day slip against the Euro but is likely to soften on Tuesday if tomorrows GDP growth data comes in as economist expect and show that the UK economy expanded at a slower pace in the last quarter of 2013.…

Aussie hits 3 year low against US Dollar

Currency Report Australian Dollar The ‘Aussie’ took a tumble against all of its major peers after a report showed that manufacturing unexpectedly declined in China, Australia’s biggest trading partner. The data showed that the preliminary reading of China’s HSBC manufacturing purchas…

South African rand at a three year low

Currency update fx compared The Euro The Euro softened yesterday after the latest ZEW report showed that economic sentiment in Germany came in below forecasts, suggesting that there could be some softness in the Eurozone’s largest economy. There’s not much in the way of dom…

Kiwi Dollar Surges

Send money home currency update New Zealand Dollar The New Zealand Dollar surged against the US Dollar, Sterling and other major peers after data showed that inflation in the country increased unexpectedly in December. As a result investors increased their bets that the Reserve…

Sterling strengthens to a two week high

Send money home report Pound Sterling The Pound strengthened to a two-week high against the Euro after a report released by Rightmove showed that UK house prices increased yet again this month. Against the US Dollar, Sterling is holding steady as economists await the release of…

'Loonie' regains some ground

Daily Currency update Pound Sterling The Pound has fallen for a third-day against the US Dollar and looks set to make a weekly decline against the Euro as economists await the outcome of today’s UK retail sales report. Economists are expecting the report to show that sales i…

The 'Aussie' plummets on the back of bad employment data

FX compared currency report Australian Dollar The ‘Aussie’ plummeted against all of its most traded peers due to release of worse-than-expected employment data. Employment fell by 22,600 well below economist forecasts for a rise of 15,000. The Australian Dollar was the worst per…

Dollar rebounds

Send money home currency update US Dollar The US Dollar rebounded from a two-week low against the Euro and made gains against the majority of its peers after a Federal Reserve policy maker said that the US Central Bank should continue to reduce its quantitative easing programme.…

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