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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 Shows Some Movement on Mixed UK Numbers

GBP/USD ? Pound Shows Some Movement on Mixed UK Numbers

From Market Pulse FX, today Similar articles

GBP/USD has shown some volatility on Tuesday and is trading in the low-1.62 range on Tuesday. In economic news, the Current Account widened last month, while Final GDP posted a strong gain of 0.9% in Q2. In the US, CB Consumer Confidence fell to 86.0 points, well short of expectations. The pound moved has moved in both directions on Tuesday, reflective of mixed UK numbers. The current account deficit ballooned to 23.1 billion pounds, compared to 16.9 billion in the previous release. There...

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UK Pound Sees Some Help From Economy

UK Pound Sees Some Help From Economy

From Top Forex News, today Similar articles

UK pound is seeing a little help today in Forex trading. While there is still a trend toward overall uncertainty that is keeping the pound down against currencies like the dollar and the yen, sterling is gaining ground against the euro again. (...)Read the rest of UK Pound Sees Some Help From Economy (132 words) Posted on Forex News.

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GBP/USD ? Limited Movement as US Pending Home Sales Disappoints

GBP/USD ? Limited Movement as US Pending Home Sales Disappoints

From Market Pulse FX, yesterday Similar articles

GBP/USD is starting the week in quiet fashion, as the pair trades in the mid-1.62 range on Monday. In economic news, US Pending Home Sales posted a decline of 1.0%, compared to last month’s gain of 3.3%. In the UK, Mortgage Approvals and Net Lending to Individuals met expectations. British releases were as expected on Monday. Mortgage Approvals dipped to 64 thousand, slightly short of the estimate of 67 thousand. Net Lending to Individuals also softened, with a reading of 3.2...

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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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