Market update 11/11/19

Market update 11/11/19

Login

GBP/EUR at 6 month high as Brexit Party boost the Tories

Sterling has soared to a 6 month high against the euro on the back of the Brexit Party’s decision to not contest the 317 Conservative-held seats in the upcoming election. This decision offers a huge boost to Boris Johnson’s Conservatives, with the threat of splitting the Brexit vote now diminished, and the likelihood of a hung Parliament lessened. 

Coupled with this morning’s GDP data, which confirmed that the UK economy has avoided a recession, investor confidence in the pound has skyrocketed. Hopes grow that a clear election win and decisive Brexit action will prove positive for the currency. 

How we can help with your payments

No transfer fees online

No transfer fees online

120+ currencies to make your payment in

120+ currencies to make your payment in

24/7 access for whenever you need to make a payment

24/7 access for whenever you need to make a payment

Refer a friend

Refer a friend

Be part of the club.

Refer a friend and get £75 each

Find out more
Regular payments

Regular payments

If you need to make regular payments abroad our Regular Payment Plan can help. You can also lock in a prevailing exchange rate.

Find out more
Target a rate

Target a rate

With our target a rate service you can track a rate, exchange now and pay later or set up a market order

Find out more