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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 Plunges on Weak British CPI

GBP/USD ? Pound Plunges on Weak British CPI

From Market Pulse FX, today Similar articles

The pound has dropped over 100 points on Tuesday, as GBP/USD trades in the low-1.66 range in the North American session. British inflation indicators softened in July, led by CPI, the primary gauge of consumer inflation, which slipped to 1.6%.  In the US, Tuesday’s numbers were mixed. CPI and Core CPI posted weak gains of 0.1%, while Building Permits and Housing Starts improved in July and beat their estimates. The pound’s woes continue, as the currency took a tumble after...


GBP/USD ? Flat Ahead of British, US CPI

GBP/USD ? Flat Ahead of British, US CPI

From Market Pulse FX, yesterday Similar articles

The pound is stable on Monday, as GBP/USD trades quietly in the low-1.67 range. British Rightmove HPI kicked off the week on Sunday, posting a decline of 2.9%, its steepest drop since November 2012. In the US, there was just one release on the calendar, as NAHB Housing Market Index climbed to 55 points, its highest level in 2014. There are no British releases on Monday. On Tuesday, we’ll get a look at British and US CPI data, so traders should be prepared for some volatility from the...


Carney's Comments Help Pound Gain Ground

Carney's Comments Help Pound Gain Ground

From Top Forex News, yesterday Similar articles

The Great Britain pound rose today after Bank of England Governor Mark Carney said over the weekend that the central bank may start raising interest rates before actual wage growth kicks in.(...)Read the rest of Carney’s Comments Help Pound Gain Ground (113 words) Posted on Forex News.The post Carney’s Comments Help Pound Gain Ground appeared first on Forex News.


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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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