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

The honeymoon period with the new Conservative government is over.Read More >

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 >

Foreign Exchange Services for UK Businesses Overseas

The UK was once regarded as the “workshop of the world”, and exports still account for a substantial portion of UK manufacturing and commercial activities today.Read More >

Dealing with Foreign Exchange Risk

Transacting business overseas is a valuable commercial hedge against adverse market conditions at home as well as a mean of providing highly profitable opportunities to generate business growth.Read More >

UK Travel Money and Currency Exchange Options

Shop Around for Best Value Currency Exchange When Leaving the UKRead More >


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GBP/USD ? Steady as US, UK Numbers Disappoint

GBP/USD ? Steady as US, UK Numbers Disappoint

From Market Pulse FX, today Similar articles

The pound is steady on Thursday, as GBP/USD trades in the mid-1.60 range in the North American session. On the release front, British numbers were dismal, highlighted by Retail Sales, which declined 0.3%. BBA Mortgages and CBI Industrial Expectations also softened last month. In the US, jobless claims disappointed, jumping to 284 thousand. US Unemployment Claims rose to 284 thousand last week, much higher than the previous reading of 264 thousand. However, the markets were not too concerned,...

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Dollar Jumps vs. US with Help of Positive US Data

Dollar Jumps vs. US with Help of Positive US Data

From Top Forex News, today Similar articles

The US dollar jumped against the Japanese yen today on the back of positive economic reports from the United States. The currency also rose against the Great Britain pound and erased earlier losses versus the euro.(...)Read the rest of Dollar Jumps vs. US with Help of Positive US Data (106 words) Posted on Forex News.

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Dollar Index Heads Lower After Bouncing Earlier

Dollar Index Heads Lower After Bouncing Earlier

From Top Forex News, today Similar articles

US dollar index is lower, even though the greenback is trading mixed today. The weighting of the euro in the dollar index’s basket of currencies means that the gains by the euro are weighing on the dollar index today. Even though the dollar is lower against the euro, it is still gaining ground against the UK pound and the Japanese yen. (...)Read the rest of Dollar Index Heads Lower After Bouncing Earlier...

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EXCHANGE RATES

1 GBP = 1.221 EUR
1.599 USD - U.S. Dollar
12.406 HKD - Hong Kong Dollar
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
12.521 ZAR - South African Rand
2.012 SGD - Singapore Dollar

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