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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 Dips Below 1.66 as Slide Continues

GBP/USD ? Pound Dips Below 1.66 as Slide Continues

From Market Pulse FX, yesterday Similar articles

The pound has been unable to find its footing, as the currency continues to lose ground on Thursday. GBP/USD is trading just below the 1.66 line and finds itself at lows not seen since early April. On the release front, British Retail Sales remained unchanged at 0.1%, short of expectations. British Public Sector Net Borrowing posted a smaller deficit in July, beating the estimate. US numbers were solid. Unemployment Claims dropped below the 300 thousand level, beating the estimate. The...

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UK Retail Sales Make Life Harder for Sterling Bulls

UK Retail Sales Make Life Harder for Sterling Bulls

From Top Forex News, yesterday Similar articles

The Great Britain pound fell a bit today after retail sales missed forecasts, reinvigorating concerns about Britain’s economic growth. The losses were limited though, and the sterling managed to gain ground as the monetary policy outlook supported the currency.(...)Read the rest of UK Retail Sales Make Life Harder for Sterling Bulls (64 words) Posted on Forex News.The post UK Retail Sales Make Life Harder for Sterling Bulls appeared first on...

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GBP/USD ? Steady As BOE Split on Rate Decision

GBP/USD ? Steady As BOE Split on Rate Decision

From Market Pulse FX, 2 days ago Similar articles

The pound has steadied on Wednesday, following sharp losses a day earlier. GBP/USD is trading in the mid-1.66 range in the North American session. On the release front, British Industrial Order Expectations improved sharply in July. As well, the BOE minutes indicated a split regarding the interest rate decision in early August. In the US, today’s highlight is the Federal Reserve policy meeting minutes, which should be treated by traders as a market-mover. All eyes are on the Federal...

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EXCHANGE RATES

1 GBP = 1.221 EUR
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
1.599 USD - U.S. Dollar
12.521 ZAR - South African Rand
2.012 SGD - Singapore Dollar

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