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Sterling Outlook - What's Influencing Forex Movements in the UK?

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National Statistics Office Reports 10% Drop in Overseas Holidaymakers Spending

The UK National Statistics Office has reported that overseas spending by British holiday makers has dropped by 10%. However, at the same time, spending in the UK by foreign tourists has increased by 4%.Read More >

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UK Travel Money and Currency Exchange Options

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GBP/USD ? Stuggling Pound Falls Below 1.69

GBP/USD ? Stuggling Pound Falls Below 1.69

From Market Pulse FX, today Similar articles

GBP/USD continues its losing ways on Thursday, as the pair below the 1.69 level in the North American session. The pound has surrendered about 100 points this week to the surging US dollar. In economic news, British Nationwide HPI posted a weak gain of 0.1%. In the US, Unemployment Claims softened, but met expectations. The British pound continues to head south, and dropped below 1.69 on Thursday, its lowest level since mid-June. The currency didn’t get any help from Nationwide...

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Euro Continues to Trade Mixed

Euro Continues to Trade Mixed

From Top Forex News, today Similar articles

Euro is trading mixed against its major counterparts again today. The 18-nation currency continues to struggle against the US dollar on policy divergence, but is managing to eke out gains against the pound and the yen today. (...)Read the rest of Euro Continues to Trade Mixed (153 words) Posted on Forex News.The post Euro Continues to Trade Mixed appeared first on Forex News.

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GBP/USD ? Pound Slide Continues as US GDP Soars

GBP/USD ? Pound Slide Continues as US GDP Soars

From Market Pulse FX, yesterday Similar articles

GBP/USD continues to lose ground on Wednesday, as the pair trades at the 1.69 line in the North American session. The sagging pound has now lost close to 200 points in the past week.  On the release front, US Advance GDP was excellent, jumping 4% in Q2. Elsewhere in the US, ADP Nonfarm Payrolls softened in June, and the Federal Reserve will release a policy statement later in the day. In the UK, today’s sole release is GfK Consumer Confidence, with the markets expecting a slight...

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.581 CAD - Canadian Dollar
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.469 CHF - Swiss Franc
1.542 AUD - Australian Dollar
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
12.521 ZAR - South African Rand
2.012 SGD - Singapore Dollar

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