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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 >


Expat Voices

Dollar Ends Week on Strong Note, Defying Adverse Fundamentals

Dollar Ends Week on Strong Note, Defying Adverse Fundamentals

From Top Forex News, 5 days ago Similar articles

The US dollar ended this week with gains even though it looked like fundamentals were against the US currency. The greenback was particularly strong against the euro, and this was surprising considering the progress in the situation with Greece. At the same time, the dollar was unable to beat the Great Britain pound.(...)Read the rest of Dollar Ends Week on Strong Note, Defying Adverse Fundamentals (99 words) Posted on Forex News.

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GBP/USD ? Limited Movement Ahead of Key US Reports

GBP/USD ? Limited Movement Ahead of Key US Reports

From Market Pulse FX, 6 days ago Similar articles

The pound has stabilized on Friday, as GBP/USD trades at the 1.54 line in the European session. On the release front, the US will issue its second estimate of GDP for Q4, with a forecast of 2.1%. This is lower than the initial estimate of 2.6% in January. We'll also get a look at Revised UoM Consumer Sentiment and Pending Home Sales. There are no UK releases on Friday. Thursday's US inflation and job numbers were not impressive. US inflation indicators continue to struggle. CPI posted...

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GBPUSD ? Strong dollar interest forces correction

GBPUSD ? Strong dollar interest forces correction

From Market Pulse FX, 1 weeks ago Similar articles

Despite its strength over the last month, the pound was no match for the US dollar's powerful rally on Thursday. It was always going to be a difficult ask for the pair to break through 1.5550 at the first time of asking, with it previously being a strong support level and the 100-day SMA providing additional resistance. That doesn't necessarily mean the rally in this pair has come to an abrupt end though, rather it may just be taking a breather. The bearish engulfing pattern on the daily...

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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
2.012 SGD - Singapore Dollar
1.455 CHF - Swiss Franc

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