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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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Week in FX Europe ? German IFO and Fed Mixed Signals Boost EUR

Week in FX Europe ? German IFO and Fed Mixed Signals Boost EUR

From Market Pulse FX, yesterday Similar articles

The EUR/USD had a roller coaster ride. Last week Fed member comments regarding a near end of the US QE program sapped strength away from the EUR. This week Fed Chairman Ben Bernanke warned against ending the program too soon, as it might hurt more than help. The comments and a surprisingly strong German IFO Business Climate figure drove the EUR/USD above the 1.29 level. The GBP/USD continues to struggle even as employment numbers were positive in the UK. The pound sterling (GBP) continues...

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GBP/USD ? Edges Higher as British GDP Meets Expectations

GBP/USD ? Edges Higher as British GDP Meets Expectations

From Market Pulse FX, 2 days ago Similar articles

GBP/USD has edged higher in Thursday trading. The pair was trading in the high-1.51 range early in the North American session. The pound got some good news as British Secondary GDP posted a gain of 0.3%, matching the forecast. Preliminary Business Investment, however, was well below the estimate. US key releases looked sharp, as both Unemployment Claims and New Home Sales beat their estimates. The markets were pleased with British GDP, which rebounded from a 0.3% decline in Q4 of 2012, and...

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Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen

Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen

From Top Forex News, 2 days ago Similar articles

The Great Britain pound advanced today versus the US dollar after the second revision of GDP data confirmed that the nation’s economy emerged from recession. At the same time, the currency weakened against the euro and the Japanese yen.(...)Read the rest of Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen (74 words) Posted on Forex News.

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EXCHANGE RATES

1 GBP = 1.221 EUR
2.513 AUD - Australian Dollar
2.361 CAD - Canadian Dollar
2.539 CHF - Swiss Franc
12.456 HKD - Hong Kong Dollar
2.694 SGD - Singapore Dollar
1.601 USD - U.S. Dollar
9.835 ZAR - South African Rand

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