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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 ? Pound Slide Continues as US GDP Soars

GBP/USD ? Pound Slide Continues as US GDP Soars

From Market Pulse FX, today 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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GBP/USD ? Dollar Improves on US Consumer Confidence

GBP/USD ? Dollar Improves on US Consumer Confidence

From Market Pulse FX, yesterday Similar articles

GBP/USD has lost ground on Tuesday, as the pair trades in the mid-1.69 range in the North American session. The sagging pound has now lost about  200 points in the past two weeks. In economic news, British Net Lending to Individuals met expectations. Over in the US, CB Consumer Confidence stunned the markets, pushing above the 90-point level for the first time since late 2007. The excellent release has helped boost the dollar at the expense of the pound. If CB Consumer Confidence is...

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Positive Economic Data Does Not Support Sterling

Positive Economic Data Does Not Support Sterling

From Top Forex News, yesterday Similar articles

Macroeconomic data from Great Britain was positive today, but this did not help the pound. The currency was flat against some of its major counterparts, including the euro and the Japanese yen, and dropped versus the US dollar.(...)Read the rest of Positive Economic Data Does Not Support Sterling (114 words) Posted on Forex News.The post Positive Economic Data Does Not Support Sterling appeared first on Forex News.

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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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