A World of International Payments

Achieving more for your money

Open an account

13/04/2018 – This Morning’s Exchange Rates

The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us.

Sterling has continued to gain against the euro, however, this could be affected next week when we have the UK wage data and employment figures released.

We believe that wage growth including bonuses may slow slightly whereas the unemployment is expected to be up – both could have a negative impact on the pound. On top of that if the Inflation reading comes in any higher than the 2.7% we could see this devalue the pound further.

All these factors combined would mean that the UK’s progress towards eliminating the wage squeeze would be reversed and the Pound could tumble against the Euro.

This could harm the chances of a rate rise in May.

Also, next week we have the Retail Sales data which I expect to be lower as last month we had very bad weather so not many people were out buying goods.

All the above points to a disappointing week ahead for the pound. If you are in need of Euros or Dollars any time soon, call or email us for more in-depth analysis. Buying your currency at the right time matters.

GBP/EUR 1.1572
GBP/USD 1.4279
GBP/AED 5.2473
GBP/AUD 1.8312
GBP/CHF 1.3719
GBP/CAD 1.7942
GBP/NZD 1.9322
EUR/USD 1.2324
GBP/ZAR 17.126

Our Locations

Currencies 4 You operates in a number of locations, speak to your local representative for the best solutions for you.

We help our clients achieve more by providing competitive rates on their international transfers in over 140 currencies.

Service Links

Company Links

Subscribe

Join our newsletter for regular news and updates on the state of the currency market and the best time to trade

By subscribing you agree with our Privacy Policy and provide consent to recieve updates from our company.

© Currencies 4 You Limited 2024

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd Payment and for clients based in the United Kingdom and rest of the world, payment services for Currencies4you are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).For clients based in the European Economic Area, payment services for Currencies4you are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701). For clients based in the United States, payment services for Currencies4you are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York, NY 10011. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508). Payment services for Currencies 4 You Ltd are provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB). Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951. Currencies 4 you’s payment and foreign currency exchange services are provided by Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs (“HMRC”) under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.