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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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Dollar Gains on Domestic Data, Loses Ground vs. Yen

Dollar Gains on Domestic Data, Loses Ground vs. Yen

From Top Forex News, yesterday Similar articles

The US dollar rose against some of its major peers, including the euro, with help of positive domestic data. It looks like new from Ukraine limited gains somewhat and actually send the greenback down versus the Japanese yen and even the Great Britain pound.(...)Read the rest of Dollar Gains on Domestic Data, Loses Ground vs. Yen (94 words) Posted on Forex News.The post Dollar Gains on Domestic Data, Loses Ground vs. Yen appeared first on Forex News.

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GBP/USD ? Pound Remains Below 1.66 in Subdued Trade

GBP/USD ? Pound Remains Below 1.66 in Subdued Trade

From Market Pulse FX, 2 days ago Similar articles

The British pound has edged higher on Wednesday, as GBP/USD trades in the high-1.65 range in the North American session. The pound remains close to 5-month lows against the US dollar. Trading has been light on Wednesday, with no major US economic reports on the schedule. There are no releases out of the UK today. US durables painted a mixed picture on Tuesday. Core Durable Goods Orders, a key indicator, came in at -0.8%, its worst showing in 2014. This was nowhere near the estimate of...

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GBP/USD ? Little Movement as Pound Close to Five-Month Lows

GBP/USD ? Little Movement as Pound Close to Five-Month Lows

From Market Pulse FX, 3 days ago Similar articles

The British pound is steady on Tuesday, as GBP/USD trades in the high-1.65 range in the North American session. The pair remains close to levels last seen in March. In the US, Tuesday’s numbers were a mix. Core Durable Goods declined by 0.8%, but Durable Goods Orders set a monthly record with a huge jump of 22.6%. CB Consumer Confidence was excellent, climbing to 92.4 points. The sole event out of the UK, BBA Mortgage Approvals softened in July and missed the estimate. US durables...

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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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