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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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GBP/USD ? Limited Movement as US Pending Home Sales Disappoints

GBP/USD ? Limited Movement as US Pending Home Sales Disappoints

From Market Pulse FX, today Similar articles

GBP/USD is starting the week in quiet fashion, as the pair trades in the mid-1.62 range on Monday. In economic news, US Pending Home Sales posted a decline of 1.0%, compared to last month’s gain of 3.3%. In the UK, Mortgage Approvals and Net Lending to Individuals met expectations. British releases were as expected on Monday. Mortgage Approvals dipped to 64 thousand, slightly short of the estimate of 67 thousand. Net Lending to Individuals also softened, with a reading of 3.2...

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UK Pound Continues in Strength

UK Pound Continues in Strength

From Top Forex News, 5 days ago Similar articles

UK pound continues to gain ground today against the euro and the dollar, thanks in large part to expectations for the future, and the fact that policy divergence with the eurozone remains expected. The Scottish independent vote gave sterling a boost that is carrying over to today. (...)Read the rest of UK Pound Continues in Strength (125 words) Posted on Forex News.

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GBP/USD ? Pound Showing Volatility After Weak UK Data

GBP/USD ? Pound Showing Volatility After Weak UK Data

From Market Pulse FX, 6 days ago Similar articles

The pound is showing some movement on Tuesday, as GBP/USD trades in the mid-1.63 range in the North American session. On the release front, British BBA Mortgage Approvals softened, while the public sector deficit ballooned in August. In the US, HPI slipped to 0.1%, while the Richmond Manufacturing Index posted an excellent reading of 14 points, marking a 13-month high. The pound started the week with gains and is holding steady despite some soft UK numbers on Tuesday. BBA Mortgage Approvals...

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EXCHANGE RATES

1 GBP = 1.221 EUR
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
1.581 CAD - Canadian Dollar
2.012 SGD - Singapore Dollar
1.455 CHF - Swiss Franc

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