Pound's gains undone by UK political turbulence
Sterling extended its rally last week, with GBP/USD climbing to near four-year highs, largely on the back of broad-based dollar weakness. However, the pound’s ascent...
Back to all Personal
Sending money
Economic Update 07 Jul 2025 6 minute read
Economic Update 23 Jun 2025 6 minute read
Bank of England holds steady but rate cut expectations rise - Markets eye a possible pivot in August
The Bank of England held rates at 4.25% as expected Thursday, although the vote split showed a slightly more dovish outcome than forecasted, with three members voting for a rate cut...
Economic Update 09 Jun 2025 7 minute read
Sterling holds ground near 4-year high as dollar weakens
This week has the potential to see as much volatility as last week when the pound continued its positive trajectory against many of the G10 currencies.
Economic Update 02 Jun 2025 6 minute read
Euro holds ground as market brace for European Central Bank's (ECB) rate decision
With no major UK economic data scheduled this week, sterling is likely to take its cues from international developments as well as the ongoing global impacts of trade tariffs and...
Economic Update 27 May 2025 6 minute read
Markets watch closely as UK spending review, US data, and EU trade tensions shape currency outlook
The Treasury is currently preparing for a Spending Review on 11th June, which will set the budgets for many governmental departments until 2029. This is also the deadline for the next UK general election...
Economic Update 19 May 2025 7 minute read
Treasury Yields Break 5% as Moody’s Downgrades US Credit Rating
The United Kingdom and the European Union have reached a significant agreement on fishing and trade, marking the first major revision since the original Brexit deal in January 2020. Under the new arrangement, the UK has agreed to extend...
Economic Update 12 May 2025 7 minute read
Market optimism rises on US-China trade deal, significant tariff cuts announced
The Bank of England cut interest rates by 25 basis points, aligning with expectations. However, the split vote among MPC members (ranging from no cut to a 50bp cut) reflects uncertainty and supports the BoE’s gradualist...
Economic Update 06 May 2025 7 minute read
Bank of England expected to lower rates to 4.25% on Thursday
The main event for this week will be on Thursday with the Bank of England (BofE) interest rate meeting, which is widely anticipated to see a 25bp cut to 4.25%, marking the second rate cut of 2025.
Economic Update 28 Apr 2025 7 minute read
UK economy's growth projections decrease as global tariff fallout continues
Last week brought notable macroeconomic developments, including the widely anticipated interest rate cut from the European Central Bank and the UK’s lower...
Regulatory info | Terms of use | Privacy Policy | Cookie Policy | Accessibility | Modern Slavery Act | Security | Open Banking | Sitemap
None of the information contained in this website constitutes, nor should be construed as financial advice.
Indicative rates are displayed on our website. We use interbank rates as a reference, and these rates should only be used as a guide.
Moneycorp is a trading name of TTT Moneycorp Limited, a company registered in England under registration number 738837. Its registered office address is at Floor 5, Zig Zag Building, 70 Victoria Street, London SW1E 6SQ and it is VAT registration number is 897 3934 54. TTT Moneycorp Limited is authorised by the Financial Conduct Authority under the Payment Service Regulation 2017 (firm reference number 308919) for the provision of payment services.
Moneycorp FRM is a trading name of Moneycorp Financial Risk Management Limited which is authorised and regulated by the Financial Conduct Authority for the provision of designated investment business (firm reference number 452443).
Travel money services are provided by Moneycorp CFX Limited. Moneycorp CFX limited is a company registered in England under registration number 4780562. It is registered office address is at Floor 5, Zig Zag Building , 70 Victoria Street, London, SW1E 6SQ and its VAT registration number is 897 393454.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Explorer™️ Card is issued by Prepay Technologies Ltd (PPS), with its registered office at Floor 6, 3 Sheldon Square, London W2 6HY UK. PPS is authorised and regulated by the UK Financial Conduct Authority for the issuance of e-money with firm reference number 900010.
© Copyright 2025 moneycorp