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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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UK Pound Slumps After BOE Minutes

UK Pound Slumps After BOE Minutes

From Top Forex News, today Similar articles

Once again, the Bank of England is disappointing Forex traders, and that is leading to a lower pound today. With a rate hike nowhere in sight, there is little to help the sterling against its major counterparts. (...)Read the rest of UK Pound Slumps After BOE Minutes (134 words) Posted on Forex News.


GBP/USD ? Limited Movement as US Housing Data Shines

GBP/USD ? Limited Movement as US Housing Data Shines

From Market Pulse FX, yesterday Similar articles

The pound is showing little movement on Tuesday, as GBP/USD trades in the mid-1.61 range. On the release front, UK Public Sector deficit increased in September. In the US, Existing Home Sales came in at 5.17M. In the US, housing data looked strong as Existing Home Sales climbed to 5.17M, up from 5.05M last month. The strong reading easily beat the estimate of 5.11M and was the indicator’s strongest performance in a year. With job data continuing to improve and consumer confidence...


GBP/USD ? Pound Steady in Light Trade

GBP/USD ? Pound Steady in Light Trade

From Market Pulse FX, 2 days ago Similar articles

The pound is calm on Monday, as GBP/USD trades in the mid-1.61 range. On the release front, it’s a very quiet start to the week, with no releases out of the UK. In the US, today’s sole release is a speech from FOMC member Jeremy Powell. On Sunday, British Rightmove HPI posted a sharp gain of 2.6%, its best performance in five months. US releases wrapped up the week on a high note, as UoM Consumer Sentiment climbed to 86.4 points, its highest reading since July 2007. The markets...


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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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