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...
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%.
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.
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.
Shop Around for Best Value Currency Exchange When Leaving the UK
Getting back into the cover of ?Kihladi' after a decade, Akshay Kumar this time has decided to invite pakistani media for his upcoming movie's press conference. The news about the Bollywood's macho man is like, Akshay has decided to cross the border to reach his fans in the across India. Keeping in mind the fan following of Akshay in the neighbouring country, the team of Khiladi 786 has organised a Live Video Press Conference where the Khiladi will interact with the...
What is ProfitclickingProfit Clicking is an exciting new state-of-the-art website traffic exchange system that will allow you to advertise your existing business(s) and earn ad revenue from each ad pack that you purchase.Every business requires potential clients to survive and flourish. Profit Clicking delivers the highest quality traffic to business owners with a price tag that won't break the bank. Since 2004 our system has generated Billions of Clicks, placing us among the top sites...
USD/JPY H1 No new developments as an inside day range is formed. Price could face strong support/resistance at 78.15 and 78.5 respectively especially if there is no new progress/setbacks with regards to Spanish and Greek woes. AUD/USD H1 After being the biggest loser last week which saw AUD/USD reach a low of 1.015, this week is all about bulls as price appears to be nicely supported on L3 and Yesterday’s support. Nonetheless 1.025 could be a bridge too far for Aussie Bulls to cross...
According to a recent report, trading volumes in the foreign exchange market declined drastically in the past few months. In some instances, activity dropped by as much as 30% in September an annual basis, the lowest level since 2006. This trend became especially pronounced since May, when fears about Greece's exit from the monetary union began to ease. Most people blame central banks and their policies for lower volatility, which makes it more difficult to be profitable. By some accounts,...