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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 >


Expat Voices

GBP/USD ? After Scottish Vote, Pound Jumps Then Retracts

GBP/USD ? After Scottish Vote, Pound Jumps Then Retracts

From Market Pulse FX, 2 days ago Similar articles

The pound is treating traders to strong volatility on Friday. GBP/USD pushed above the 1.65 level in the Asian session but has since fallen below the 1.64 line. The currency received a boost after the results of the Scottish referendum were released, which showed a decisive victory for the NO camp, which favored remaining in the United Kingdom. It’s a quiet day on the release front, with no UK events. The sole US release is the CB Leading Index, a minor event. Scottish citizens went...

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Gold Steady as Scots Vote Resounding NO to Independence

Gold Steady as Scots Vote Resounding NO to Independence

From Market Pulse FX, 2 days ago Similar articles

Gold is stable on Friday, with a spot price of $1222.86 per ounce in the European session. The metal showed little reaction to the results of the Scottish referendum, as the No side won in convincing fashion, garnering about 55% of the vote. The week wraps up with just one US event, CB Leading Index. There are no British releases on Friday. Scottish citizens went the polls on Thursday in a historic referendum on whether to secede from the United Kingdom. The markets had expected a very...

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GBP/USD ? Pound Jumps on Hopes for No Vote in Scotland

GBP/USD ? Pound Jumps on Hopes for No Vote in Scotland

From Market Pulse FX, 3 days ago Similar articles

The pound has posted sharp gains on Thursday, as GBP/USD trades in the mid-1.63 range in the North American session. The currency received a boost on hopes that Scottish voters in today’s referendum will decide to keep Scotland in the United Kingdom. Overshadowed by the focus on the Scottish referendum, British Retail Sales improved last month, posting a gain of 0.4%. CBI Industrial Order Expectations came in at -4 points, the worst showing since last September. The markets had...

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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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