A World of International Payments

Achieving more for your money

Open an account

GBP Rebounds on Political Reassurance Before Jobs Data Weighs on Sterling

Yesterday afternoon we did see GBP regain some of its recent losses to the USD and EUR. It came after what could be UK’s next Prime Minister, Andy Burnham confirming he won’t try to amend the existing fiscal policies that have been designed to create sustainability of the country’s debt liabilities. Leading to reassurance for bond markets and GBP moving upwards after what was seen as reduction of political uncertainty.

This morning we did see UK unemployment rise slightly from 4.9% to 5%, which has led to a small fall for GBP. On top of rising unemployment levels, average earnings right now excluding bonuses is not keeping up with rising inflation levels. Earnings came in at 3.4% growth, compared to its previous month of 3.6%.

GBP/EUR 1.1504 GBP/USD 1.3386 GBP/AED 4.9177

GBP/AUD 1.8809 GBP/CHF 1.0518 GBP/CAD 1.8417
GBP/NZD 2.2901 EUR/USD 1.1621 GBP/ZAR 22.2742

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

* Primary Licensed Provider Equals Group Equals Group in a full year around FY 2020.

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 and e-money services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. 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, the issuance of e-money and the provision of related payment services for Currencies 4 You are provided by CurrencyCloud B.V. CurrencyCoud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701). For United States, Payment services for Currencies 4 You are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here. VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041. Currencies Cloud Terms of Use 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). Foreign Exchange and Payment Services for customers introduced by Currencies 4 You to Sciopay Ltd are provided solely by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales with Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB) with Licence No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution with Firm Reference Number: 927951. Currencies4you’s payment and foreign exchange services are provided by Global Currency Exchange Network Ltd. T/A GC Partners. Global Currency Exchange Network Ltd. is authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, supervised by HM Revenue & Customs (“HMRC”) under the Money Laundering Regulations 2017. (Registered number is 12137189). Registered in England and Wales, company number 04675786. Registered office: 85 London Wall, London, EC2M 7AD. All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.