Our currency reports are designed to inform you about the ins and outs of the foreign exchange market. Every day around £6.29 trillion passes through the market, causing the relative currency values to fluctuate constantly but not always consistently. Our expert analysts study the market on a daily basis to achieve an unparalleled critical perspective, and as a result we are able to offer you astute and insightful currency reports to help you understand how the lucrative but volatile currency exchange market works.
Our excellent currency reports draw in data from all over the economic world, bringing together the most important announcements and statistics to keep you up to date with the shifting currency markets. Economic reports are released daily with a multitude of (potentially) confusing statistics relating to: government policies, interest rates, spending budgets, trade balances, inflation levels, employment, GDP, retail sales, economic growth, elections, referendums, political stability, current affairs and market trends. Our currency reports set out to explain what these complicated data sources mean, and more importantly what they mean to you and your money.
For example if the National Statistics release particularly high ILO Unemployment Rate figures it bodes badly for the GBP because it indicates weakness for the UK economy and therefore weakness for the Pound. Conversely if the Department for Communities and Local Government release a particularly high House Price Index this typically shows an increase in inflation which in turn points towards a positive economic outlook and a positive effect on the Pound.
Live currency rates have been known to fluctuate by up to 30% in as little as 4 weeks, so it is of the upmost pertinence that you exchange your funds at just the right time, and our currency reports can help you do this.