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1 EUR = 0.8187 GBP

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Articles & Guides Money, Currency

Sterling Outlook - What's Influencing Forex Movements in the UK?

The honeymoon period with the new Conservative government is over.

Sterling enjoyed a brief rally this summer, with a 2% rise against a basket of currencies of the UK’s major trading partners and rose around 9 cents to hover just below the USD $1.60 mark.Sterling has managed to perform relatively well because of the inherent weaknesses of other economies; the Euro was held back (the Greek economic crisis) and the US dollar has been suffering against every other major economy in the world as it struggles to shake itself out of the effects of recession.Now...

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%.

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.

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.

UK Travel Money and Currency Exchange Options

Shop Around for Best Value Currency Exchange When Leaving the UK

Disclaimer: MisterCurrency.com Currency Converter uses rates from various sources including central banks reference rates. The currency exchange rates shown are indicative rates.

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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
12.521	ZAR - South African Rand
2.012	SGD - Singapore Dollar

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Daily Market Close ? China Slows but Will Meet Targets as QE3 Looms

US Dollar Moody’s issued a warning that it could downgrade the US economy if federal budget negotiations fail. The Trade Deficit grew as US exports declined at a faster rate than imports. The United States exports $183.3 billion in June at the same time the country imported $225.3 billion. Exports to Europe dropped by more than 11% as the recession hit euro zone is struggling. China imports does not show signs of slowing down and the trade gap with the asian nation hit $29.4...

Gateway of EUR Stop Losses

Today the various global asset classes are consolidating after a good run up late last week. Now that the ECB has unveiled its ?unclear' bond buying plan to address Euro periphery debt stress issues, the focus has shifted to helicopter Ben and his cohorts. The market overwhelming believes that the Fed will introduce new stimulus measures after their two day meet this week. Last months softer than expected payroll report has increased investors hopes that some easing measures will at least be...

CAD Touches 13-Month High vs. USD

The Canadian dollar touched 13-month high against its US counterpart today as Forex traders hoped that the Federal Reserve will start the third round of asset purchase program, known as quantitative easing. Overall, the currency was flat today.(...)Read the rest of CAD Touches 13-Month High vs. USD (97 words) Posted on Forex News.

Zloty Gains as Investors Show Interest in Polish Assets

The Polish zloty strengthened today after JPMorgan Chase & Co. changed its view on the currency and as yesterday’s debt auction ended with a good result, showing that investors are interest in nation’s assets.(...)Read the rest of Zloty Gains as Investors Show Interest in Polish Assets (35 words) Posted on Forex News.

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