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Corporatepay Rebrands as WEX Europe

CorporatePay whom for many years have been the largest provider of prepaid business payment solutions in the UK, utilising both the Visa and MasterCard networks for their clients, have taken another step forward in their pursuit to become Europe's number one provider of…

Euro makes gains

Latest currency news at Send money home The Euro The Euro made gains against the Pound and US Dollar yesterday after a report showed that the Eurozone’s manufacturing PMI rose to a 32-month high in January. All of the regions struggling peripheral countries expanded and Greece r…

The 'Aussie' edges higher

Forex update from Send money home Australian Dollar The ‘Aussie’ edged higher against several of its most traded peers ahead of Tuesday’s Reserve Bank of Australia interest rate review. Expectations are high that the RBA will choose to keep rates on hold. The currency also found suppo…

Pound on track to make a monthly gain on the Euro

FX Compared currency report Pound Sterling The Pound is on track to make a monthly gain against the Euro after a report showed that UK consumer confidence climbed to its highest-level in more than six-years this month. An index of consumer confidence rose from -13 to -7, the…

USD Strengthens as stimulus programme is tapered

Daily currency report Pound Sterling The Pound has fallen for a third consecutive day against the US Dollar after the Federal Reserve reduced its monetary stimulus programme. Sterling was under some pressure ahead of the release of a report which is expected to how that mortgage…

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…

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