Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
The answer depends on where the widely expected cuts actually appear. If the UK is left as a less 'investible' territory because, for example, corporation tax has been increased and/or corporate tax breaks have been abolished then GBP will fall against USD and probably also against EUR (although to a...
VIEW FULL ARTICLEIn contrast to the poor results for the major Eurozone nations in the World cup, the general sentiment in the markets has improved for the Euro which has allowed it to push up against the Dollar and sit above 1.24.
VIEW FULL ARTICLEYesterday's OBR report provided some surprise, as although the growth figures were cut as expected, although even then only to 2.6% (still on the optimistic side), the borrowing figures were also cut, which is good news for finances and for the UK's sovereign rating.
VIEW FULL ARTICLEThe first England match on Saturday showed how early optimism can be stopped in its tracks at the first reality check, and today's report from the Office of Budget Responsibility (OBR) is also likely to provide a reality check to the Government's previously wildly optimistic growth figures.
VIEW FULL ARTICLEThe wait is finally over, and the markets have reacted in an optimistic fashion, although that may also have a little to do with decent economic news out of China and Japan, as well as the start of the world cup.
VIEW FULL ARTICLEOn the eve of the 2010 World Cup, there are a number of ongoing developments and events that have given markets much to ponder before everyone turns their collective swivel seats away from their desks and towards the televisions.
VIEW FULL ARTICLEThere was a mild thawing of the general mood of risk aversion yesterday, which has given stock markets in the US and Asia a boost, along with the commodities markets and the Australian dollar. The thawing was started by some supportive words of Bernanke's who has discounted the idea of...
VIEW FULL ARTICLEThere aren't many economists, or traders, who are confidently sure that the global economy is out of the crisis, and the fears of a double dip recession are still haunting the markets. The risk aversion has kept the dollar supported, particularly against the Australian dollar which has fallen to 0.82,...
VIEW FULL ARTICLETo Buy or Not to Buy? Euros vs. Pound
VIEW FULL ARTICLELast month, two thirds of UK businesses walked away from their local bank and moved their assets to a foreign exchange broker and other auxiliary financial services.
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