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By Tom Higham

A busy day in the currency markets today with both the consumer price index and the retail price index released in the UK and Eurozone and the Producer Price Index released in the States. This could lead to yet another volatile day in the currency markets. Sterling hit years highs against the Euro yesterday but lost one percent against the US Dollar.

By Tom Holian

 Hello my Dollar followers. Today the US Dollar has strenghtened by over 1% today following on from some figures out by the TIC. Sterling vs Euro seems to have continued its run of strength. When transferring money overseas why not speak with a currency borker who can help you with the currency transfer.

By Ed Bianco

I have been watching the market while all this nonsense is going on with Gordon Brown and the, will he wont he, resign circus. The interesting thing I notice is that the value of the pound has been bouncing around a lot recently, and if you can be a fast mover, then there is some money to be made if you pick your moments, from my experience in the past it is important you get registered with a currency broker quickly (takes about 1 minute) then be in contact with your account manager so that if there is a spike in your favour you can take advantage of it as it flashes in your favour

By Tom Higham

News released this morning shows that enquiries for house purchases increased for the seventh month in a row and some analysts believe this could result in UK house prices stabilising. Due to this we have seen the Pound gain nearly a cent against the US dollar and a third of a cent against the Euro.

However, while this is very positive for the pound news also came out from the banking sector that Lloyds TSB will be closing all the Cheltenham and Gloucester branches with up to 1500 jobs on the line. This could be further bad news for the UK economy and may result in the recent Sterling gains being wiped out. So with political instability and further job losses it is hard to predict where the currency market will go but what we do know the coming weeks are likely to be very volatile!

By Tom Holian

Sterling fell against the US Dollar this morning following the devastating news from the European Elections, the worst results for approximately 60 years. The Dollar continues to strengthen as confidence moves away from the Pound and into teh safe haven of the Dollar.