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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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The Pound maintained a strong finish to the year against the Euro
From TorFX daily insight, 2 months ago Similar articles
by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound maintained a strong finish to the year against the Euro, rising through major resistance at 1.20 and recording a fresh 11-month high before consolidating below the level by the close of trading. The UK currency also pushed to a high above 1.5750 against the U.S Dollar, equaling the highs of this month. However, a rapid recovery in the Dollar saw the Pound retreat back below 1.57, as swings in risk sentiment continue to...
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