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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 ? Pound Punches Past 1.50

GBP/USD ? Pound Punches Past 1.50

From Market Pulse FX, today Similar articles

The pound has posted gains on Monday and is back above the 1.50 level. In the North American session, GBP/USD is trading in the mid-1.50 range. It’s a quiet day on the release front, with no events out of the UK or the US. On Tuesday, we’ll get a look at British Preliminary GDP as well as several key US indicators. Greeks went to the polls on Sunday, and the far-left Syriza party emerged victorious. Syriza ran on a platform of ending the crushing austerity scheme which...


GBP/USD ? Sliding Pound Dips Below 1.50

GBP/USD ? Sliding Pound Dips Below 1.50

From Market Pulse FX, 3 days ago Similar articles

The pound is trading below the symbolic line of 1.50 on Friday, following sharp losses a day earlier. In Friday’s European session, GBP/USD is trading at 1.4982. On the release front, the pound shrugged off a gain of 0.4% by Retail Sales in December. In the US, today's highlight is US Existing Home Sales. The markets are expecting a jump in the December report, with an estimate of 5.08 million. British Retail Sales, a key indicator, posted a gain of 0.4%, beating the estimate of -0.6%....


GBP/USD ? Pound Softens on Weak UK Numbers

GBP/USD ? Pound Softens on Weak UK Numbers

From Market Pulse FX, 4 days ago Similar articles

The pound has posted strong losses on Thursday, as GBP/USD has given up close to 100 points. In the North American session, the pair is trading in the mid-1.50 range. On the release front, British Public Sector Net Borrowing came in at 12.5 billion pounds, well above expectations. CBI Industrial Order Expectations slipped to 4 points. In the US, Unemployment Claims improved to 301 thousand, but this was short of expectations. US unemployment claims missed expectations for the second...


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1 GBP = 1.221 EUR
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
12.53 ZAR - South African Rand
2 SGD - Singapore Dollar
1.551 USD - U.S. Dollar
12.048 HKD - Hong Kong Dollar

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