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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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GDP/USD ? Little Movement as US Housing Data Dips

GDP/USD ? Little Movement as US Housing Data Dips

From Market Pulse FX, yesterday Similar articles

GBP/USD is steady on Monday as the pair trades slightly below the 1.70 line in the North American session. The pound has been struggling, having given up about 150 points in little over a week. In economic news, US Pending House Sales were dismal, posting a decline of 1.1%. There are no British releases on Monday. US housing numbers were dismal on Monday. Pending Home Sales came in at -1.1% in June, the worst reading we’ve seen in 2014 from the key housing indicator. The reading was...

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GBP/USD ? Steady as British GDP Remains Strong

GBP/USD ? Steady as British GDP Remains Strong

From Market Pulse FX, 4 days ago Similar articles

GBP/USD is stable on Friday, as the pair trades slightly below the 1.70 line. The pound has given up about 150 points in little over a week. On the release front, UK Preliminary GDP posted another strong gain, climbing 0.8% in Q2. Over in the US, Core Durable Goods posted a strong gain of 0.8%, marking a three-month high. British GDP, one of the most important economic indicators, has proven to be steady and reliable, and the key indicator was true to form, posting a healthy gain of...

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UK Retail Sales Disappoint FX Market, GBP Retains Weakness

UK Retail Sales Disappoint FX Market, GBP Retains Weakness

From Top Forex News, 5 days ago Similar articles

The Great Britain pound retained its weakness against the US dollar today, following yesterday’s losses and touching the lowest level in a month. Against the Japanese yen, the sterling continued to trade sideways.(...)Read the rest of UK Retail Sales Disappoint FX Market, GBP Retains Weakness (60 words) Posted on Forex News.The post UK Retail Sales Disappoint FX Market, GBP Retains Weakness 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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