Call Me Back

Comments *

more

• Categories

  • Currency UK in the Press
  • Currency UK resources
  • Daily FX market news
  • Definitions
  • In depth discussion
  • Partnerships
  • Random CUK comments
  • Uncategorized

• About Currency UK Ltd +44 (0)207 738 0777

  Currency UK is one of the UK's leading foreign exchange brokers.

  Helping individuals and business with overseas payments, Currency UK will ensure you save money - obtaining the best exchange rates on Euro, US Dollars, Australian Dollars, New Zealand Dollars, Canadian Dollars, UAE Dihram, South African Rand, Polish Zloty and many more.

  Call us now on +44 (0)207 738 0777

• Search

  Search for:

• Archives

  Select Month May 2013  (17) April 2013  (19) March 2013  (20) February 2013  (20) January 2013  (19) December 2012  (15) November 2012  (21) October 2012  (23) September 2012  (20) August 2012  (21) July 2012  (23) June 2012  (20) May 2012  (24) April 2012  (19) March 2012  (22) February 2012  (19) January 2012  (15) December 2011  (11) November 2011  (21) October 2011  (21) September 2011  (14) August 2011  (14) July 2011  (12) June 2011  (10) May 2011  (11) April 2011  (8) March 2011  (20) February 2011  (13) January 2011  (18) December 2010  (13) November 2010  (13) October 2010  (16) September 2010  (21) August 2010  (14) July 2010  (11) June 2010  (17) May 2010  (24) April 2010  (21)

• Business and Stock Market News

  Latest Economics Events

  • DE: Gross Domestic Product n.s.a (YoY): -1.400 % (FXstreet.com: Latest Economics Events)
  • DE: Gross Domestic Product s.a (QoQ): 0.100 % (FXstreet.com: Latest Economics Events)
  • DE: Gfk Consumer Confidence Survey: 6.500 (FXstreet.com: Latest Economics Events)
  • CN: MNI Business Sentiment Indicator: 57.100 (FXstreet.com: Latest Economics Events)
  • NZ: Trade Balance (MoM): 157.000 $ (FXstreet.com: Latest Economics Events)

• Tags

  Adrian Jacob AUD Australian Dollars best exchange rates BoE BofE Conservatives Currency UK CurrencyUK dollar ECB Election EUR Euro Eurozone exporters foreign exchange foreign exchange broker GBP GBP/AUD GBP/EUR GBP/USD GBR/USD Goldman Sachs Greece Greek crisis IMF Importers Inflation interest rates international transfers international wire transfers JPY Labour Liberal Democrats MPC overseas payments Portugal Pound send money abroad send money overseas Spain Sterling USD Yen

I was rather surprised watching the BBC News last night cover the Libyan crisis, Afghanistan and the Olympic countdown, but no mention of the looming disaster if America fails to raise its national debt ceiling! Lets be clear, failure to reach an agreement would mean of Tuesday the US would not be able to pay [...]

There was an unexpected piece of good news with yesterday’s services PMI surging to a 13 month high of 57.1 in March from 52.6 in February – with anything above 50 indicating growth. This 4.5 point rise in the index is the second biggest increase since the survey started in 1996, only exceeded in January [...]

After a quiet day yesterday when I was at pains to find something to write about, today’s raft of UK data releases provides me with a little more material to work with. At 9.30 the latest  Q4 GDP figures were realeased.  This showed a conttraction of 0.5% in the last quarter of 2010 – fractionally [...]

After a week full of significant UK releases including inflation, the Budget and the MPC Monthly minutes it was the turn of retail sales to make the headlines and for all the right reasons. A gloomier than expected 0.8% decline in sales was announced with consensus forecasts only expecting a 0.6% fall – which isn’t [...]

This week’s financial headlines will be driven by the Chancellor’s budget on Wednesday. If newspapers reports are to be believed those of you who enjoy a glass of wine or a cigarette may feel the pinch – with it rumoured that 17 pence will be added to a pack of cigarettes and 13 pence to [...]

One of the main driving forces in the currency markets at the moment are interest rate rises, who is going to be the first to start the move back to more “normal” rates. The euro has started the week well holding onto gains made following ECB’s hawkish comments last week. With ECB president Jean-Claude Trichet [...]

Risk on was the dominant theme on the first full trading day of the year in FX, with both Sterling and the Euro setting fresh highs in the wake of stronger than anticipated UK PMI manufacturing data, and hotter inflation readings from the Eurozone. Sterling rallied nearly two cents against the Dollar as risk appetite [...]

The pound looks set for an important week this week with inflation, unemployment and retail sales data due out, even as it continues to do fairly well against the single currency… read more

going into the weekend it looks like Euro weakness could be the main market driver rather than the benefactor of Sterling or USD weakness…read more

Sterling, meanwhile, has lost a little ground against the Dollar in the aftermath of last week’s QE2 announcement from the Fed, on the back of a general dip in risk appetite. The Inflation report this morning could be one of the bigger data releases it has had to face in recent weeks

keep looking »