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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
GBP/USD ? Edges Higher as British GDP Meets Expectations
From Market Pulse FX, yesterday Similar articles
GBP/USD has edged higher in Thursday trading. The pair was trading in the high-1.51 range early in the North American session. The pound got some good news as British Secondary GDP posted a gain of 0.3%, matching the forecast. Preliminary Business Investment, however, was well below the estimate. US key releases looked sharp, as both Unemployment Claims and New Home Sales beat their estimates. The markets were pleased with British GDP, which rebounded from a 0.3% decline in Q4 of 2012, and...
Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen
From Top Forex News, yesterday Similar articles
The Great Britain pound advanced today versus the US dollar after the second revision of GDP data confirmed that the nation’s economy emerged from recession. At the same time, the currency weakened against the euro and the Japanese yen.(...)Read the rest of Pound Advances vs. Dollar on UK GDP, Falls vs. Euro & Yen (74 words) Posted on Forex News.
GBP/USD ? Pound Slips as UK Retail Sales Falter
From Market Pulse FX, 2 days ago Similar articles
GBP/USD continues to lose ground, and the pound is struggling to stay above the 1.51 line early on in the North American session. British Retail Sales, a key indicator, had its worst performance since last May. Public Sector Net Borrowing also missed its estimate, as did CBI Industrial Order Expectations. The Bank of England released the minutes of its most recent policy meeting, and there were no surprises regarding the vote breakdown for the interest rate and asset purchase levels. In...
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