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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

Daily Foreign Exchange Rate Forecast ? The Pound rallied for the first time in three days against the Dollar and the Euro

From TorFX daily insight, 2 days ago Similar articles

by Adam Solomon Sterling / Euro and US Dollar The Pound rallied for the first time in three days against the Dollar and the Euro, after a government report showed that UK retail sales increased for a second successive month in November, while consumer price expectations also rose. Sterling bounced back from a low of 1.5550, a key area of support, to 1.5630 in London and the Pound also reached a high of 1.18 versus the Euro, up 0.6% on the day. Sales climbed 0.3% from October, when they...

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Foreign Exchange Daily Forecast ? The Pound has declined heavily against the Euro

From TorFX daily insight, 3 days ago Similar articles

by Adam Solomon Sterling / Euro and US Dollar The Pound has declined heavily against the Euro, slipping towards 1.17 by midday yesterday, while the UK currency also lost ground versus the majority of the 16 most actively trading currencies, falling to a low of $1.5627 against the Dollar, as risk appetite deteriorated. UK stocks fell for the first time in five days, ending the longest upward surge in the FTSE 100 Index since September, amid concern that Moody's Investors Service was...

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EXCHANGE RATES

1 GBP = 0.848 EUR
10.656 ZAR - South African Rand
2.043 SGD - Singapore Dollar
1.507 CHF - Swiss Franc
1.573 AUD - Australian Dollar
1.555 USD - U.S. Dollar
12.094 HKD - Hong Kong Dollar
1.577 CAD - Canadian Dollar
1.561 USD - U.S. Dollar
12.141 HKD - Hong Kong Dollar

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