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

Risk remains very much the driving force for FX markets as they fret about the extent of slowdown in the US economic recovery and the state of the global economy. Concerns about Eurozone peripheral economies have also intensified again, putting additional pressures on the euro and preventing it from benefiting from Friday’s news of stronger than expected Q2 GDP growth. As result we have the weaker EUR and stronger USD.

In spite of the media’s predictions, last night’s debate didn’t seem particularly historic, and disappointingly none of the politicians made any massive mistakes.

’s an historic day today, at least it is for the media who have got the leadership debate they have been demanding for years. There is no doubt that the debate will pull in viewers for the channels broadcasting it, but how much it will affect the parties prospects is uncertain.

There has been little reaction to the manifestos, either because they are both empty documents, or no-one actually thinks anything in them which proves problematic will ever be implemented. What did make a difference yesterday was a surprise narrowing in the trade balance deficit.