Judgement day for US Dollar

Fri, 30 Jul 10 10:30 am

Second quarter US GDP figures are due today at 1.30pm UK time. This will be an essential indicator to markets of how the economy has performed...

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Pound Won’t Be Beaten

Thu, 29 Jul 10 11:37 am

The Pound is fending off assaults from all angles.

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Will Bank of England testimony preserve the Pound’s climb?

Wed, 28 Jul 10 11:08 am

Sterling has held onto yesterday’s gains as investors today await news of the Bank of England’s ...

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Pound Reaches Five Month High Against US Dollar

Tue, 27 Jul 10 11:46 am

As the US economy continues to feel the pressure, Sterling is trading at the mid-market rate of 1.5527...

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European Stress Tests Fail To Impress

Mon, 26 Jul 10 10:33 am

Proceedings in currency movements today were expected to be dominated by market reactions to the results of the European banking stress tests.

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The UK Deserves a Party

Fri, 23 Jul 10 11:02 am

Q2 GDP figures were released at GMT 09:30 and whilst it was expected that the results would be strong, they were...

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The World Continues to Stress

Thu, 22 Jul 10 10:44 am

With relatively little good news coming out of the markets the world remains focused over the effects tomorrow’s stress tests will...

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Scarce Support for Rate Rise At Bank of England

Wed, 21 Jul 10 10:26 am

The release of the Bank of England minutes for July have revealed that for the second month policy maker Andrew Sentence was...

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Pound Under Pressure

Tue, 20 Jul 10 10:42 am

The Pound is at a seven week low against the Euro, caught in the cross-fire of Euro and US Dollar movement...

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Ireland and Hungary in Debt Crisis

Mon, 19 Jul 10 11:06 am

The week is beginning with Europe the spotlight...

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Sudden shock drop in Sterling

Fri, 16 Jul 10 11:28 am

The Pound has taken a sudden drop this morning against major counterparts...

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Vulnerable US Economy in the Spotlight

Thu, 15 Jul 10 10:33 am

The US Dollar has fallen against most major currencies following the release of minutes detailing Federal policy makers’ discussions...

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Pound rallies against US Dollar

Wed, 14 Jul 10 10:38 am

The Pound has made strong gains on the US Dollar on signs that that the UK recovery is progressing tentatively.

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UK Recession Was Deeper Than Feared

Tue, 13 Jul 10 10:24 am

Revised statistics have reworked the picture of the UK recession suggesting that the economy shrank more than originally claimed.

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A great deal of Interest in Interest

Mon, 12 Jul 10 10:31 am

A great deal of focus was placed on the interest rates decision by the Bank of England which took place on Thursday.

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Sterling Struggling Early On

Mon, 12 Jul 10 10:29 am

Sterling faces a tough week in the markets as more key data is set to be released...

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Euro Rallies Against Pound and Dollar

Fri, 09 Jul 10 10:28 am

The Bank of England maintained rate levels at 0.5% and the European Central Bank also made no changes to the 1.0% interest rate despite talks

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Pound Drops Against Stubborn Euro

Thu, 08 Jul 10 14:15 pm

After a strong performance against the Euro last week, Sterling is now falling against the single currency.

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UK on hold in expectation of interest rates meeting

Wed, 07 Jul 10 10:43 am

A quiet week so far with regards to data releases continues today with focus shifting back to the Eurozone banks.

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Sterling Awaits Interest Rate Data

Tue, 06 Jul 10 11:04 am

This is likely to be the 16th month in a row that rates are left on hold but a day before the MPC are meeting...

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Fears of a Double-dip Recession

Mon, 05 Jul 10 11:59 am

As the new coalition government continues to make changes, Ministers will meet today in an effort to prevent strikes after treasury figures...

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US Dollar tumbles as economic recovery slows

Fri, 02 Jul 10 10:06 am

The Dollar has suffered as another wave of disappointing data hits the US...

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Spain’s Credit Rating To Take Another Hit

Thu, 01 Jul 10 13:26 pm

Spain, which has already had its credit rating downgraded by two other major ratings agencies...

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Today's Currency News

Markets are gearing up for an action-packed trading session, with key policy meetings of the BoE and...

Currency Rates

US Dollars 1.5811
Euros 1.1905
Swiss Francs 1.4419
Australian Dollars 1.4676
South African Rand 12.009
GBP indicative mid-market rate at 23:15. Please call for quote.