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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 Slightly Lower As US Unemployment Claims Dip

GBP/USD ? Pound Slightly Lower As US Unemployment Claims Dip

From Market Pulse FX, 5 days ago Similar articles

The British pound has edged lower on Thursday, as the pair trades in the high-1.67 range in the North American session. In the UK, there were no changes to the BOE Asset Purchase Facility or Official Bank Rate. In the US, Unemployment Claims looked sharp, beating the forecast. There were no surprise from the Bank of England on Thursday, which maintained the QE and interest rate levels for April. QE remains at 375 billion pounds, while interest rates will stay at 0.50%. There has been...


GBP/USD ? Steady Ahead of Fed Minutes

GBP/USD ? Steady Ahead of Fed Minutes

From Market Pulse FX, 6 days ago Similar articles

The US dollar sustained sharp losses against the pound on Tuesday, but is steady in Wednesday trading. The currency is trading in the mid-1.67 range in the North American session. On the release front, British Trade Balance showed improvement in March and beat the estimate. In the US, today’s highlight is the release of the minutes of the Federal Reserve’s last policy meeting. We could see some movement from the pair following the release. The UK trade deficit narrowed in March,...


GBP/USD ? Pound Soars After Sharp UK Manufacturing Data

GBP/USD ? Pound Soars After Sharp UK Manufacturing Data

From Market Pulse FX, 1 weeks ago Similar articles

The pound is showing huge gains in Tuesday trading. The currency has gained about 150 points as GBP/USD trades in the mid-1.67 range in the North American session. The pair got some help from UK Manufacturing Production, which posted its strongest gains in five months. As well, NIESR GDP Estimate improved last month. In the US, JOLTS Job Openings was up sharply in March. The pound jumped following an excellent reading from Manufacturing Production, the first major British release this week....


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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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