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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 Ahead of British Inflation Data

GBP/USD ? Limited Movement Ahead of British Inflation Data

From Market Pulse FX, today Similar articles

The British pound has started the week quietly, as GBP/USD trades in the mid-1.62 range in Monday’s North American session. The sole event out of the UK is the BoE quarterly bulletin, a minor event. On Tuesday, the UK releases a host of inflation indicators, led by CPI. In the US, the Empire State Manufacturing Index jumped to 27.5 points in August, well above expectations. US numbers wrapped up last week on a high note. Core Retail Sales improved to 0.3%, edging above the...

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GBP/USD ? Pound Moves Higher, Pushes Above 1.62

GBP/USD ? Pound Moves Higher, Pushes Above 1.62

From Market Pulse FX, 4 days ago Similar articles

The British pound has posted slight gains on Thursday, as GBP/USD trades in the low-1.62 range in Thursday’s North American session. Today’s highlight was US Unemployment Claims, which disappointed the markets. The indicator rose to 315 thousand, well above expectations. In the sole British event of the day, the 30-year bond yield dipped to 3.17%. Yields continue to drop, and this figure marked a seven-month low. US employment numbers continue to raise concern. Unemployment...

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GBP/USD ? Pound Slips, Recovers After Carney Rate Remarks

GBP/USD ? Pound Slips, Recovers After Carney Rate Remarks

From Market Pulse FX, 5 days ago Similar articles

The British pound has had a busy Wednesday. In the North American session, GBP/USD is trading in the mid-1.61 range. The pound slipped about 100 points earlier in the day, but recovered after BoE Governor Mark Carney testified at the Inflation Report Hearings that the point that interest rates will be raised has moved closer. There are no major releases out of the US on Wednesday. US numbers continue to point to a deepening recovery, but the labor market is showing some troubling signs....

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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
12.521 ZAR - South African Rand
2.012 SGD - Singapore Dollar

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