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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 ? Little Movement as Pound Close to Five-Month Lows

GBP/USD ? Little Movement as Pound Close to Five-Month Lows

From Market Pulse FX, today Similar articles

The British pound is steady on Tuesday, as GBP/USD trades in the high-1.65 range in the North American session. The pair remains close to levels last seen in March. In the US, Tuesday’s numbers were a mix. Core Durable Goods declined by 0.8%, but Durable Goods Orders set a monthly record with a huge jump of 22.6%. CB Consumer Confidence was excellent, climbing to 92.4 points. The sole event out of the UK, BBA Mortgage Approvals softened in July and missed the estimate. US durables...

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Euro Struggles on Easing Expectations

Euro Struggles on Easing Expectations

From Top Forex News, today Similar articles

Even though the euro is higher against some of its major counterparts, the 18-nation currency is struggling today. Euro has slipped lower against the US dollar, and is barely holding its own against the UK pound. Expectations that the ECB could ease policy further next week are weighing. (...)Read the rest of Euro Struggles on Easing Expectations (129 words) Posted on Forex News.The post Euro Struggles on Easing Expectations appeared first on Forex News.

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UK Pound Continues to Struggle

From Top Forex News, today Similar articles

UK pound continues to struggle in Forex trading today, thanks in large part to the fact that the economic data isn’t holding up, and Bank of England policymakers don’t seem to be on the same page. (...)Read the rest of UK Pound Continues to Struggle (134 words) Posted on Forex News.The post UK Pound Continues to Struggle appeared first on Forex News.

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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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