Currency Line» Tom Higham

Sterling Exchange Rates Fall

Tom Higham — Mon, 17 May 2010 13:44:54 +0000

The Pound has started the week poorly loosing half a cent against the US Dollar, nearly a cent against the Canadian Dollar and Swiss Franc and three quarters of a cent against Euro. All this with the apprent political stability!

The outlook for Sterling remains bleak with a raft of poor economic data being released and other economies most noticeably in Australia and America showing signs of improvement the pressure is likely to remain heavily on Sterling. So, if you need to send money overseas then complete the comtact us form and an experienced currency broker will get in touch to discuss the options open to you in helping you get the best rate of exchange.

Sterling Holding Steady as Election Looms

Tom Higham — Tue, 04 May 2010 11:37:25 +0000

The pound has begun the week slightly up but with so much anticipation surrounding the election it is expected that this week will be very volatile. Analysts are still debating over the effects on the exchange rates of either a hung parliment or a Tory government but the outcome of the election is still very unclear. So, if you need to send money overseas and would like to take the uncertainty out of the market please complete the contact us form and an experienced currency broker will be in touch to discuss all the options open to you.

Spain Credit Downgraded

Tom Higham — Wed, 28 Apr 2010 16:28:55 +0000

In a new twist in the Eurozone the rating agency Standard and Poors downgraded Spain to AA rating from triple A. This is further bad news for an already rocking Eurozone, however the market has not reacted overly with Sterling Euro exchange rates down by half a cent despite the news. The pound has also lost a cent against the US Dollar, two and a half cents against the Australian Dollar and three cents against the New Zealand Dollar.

This is one of the worst days trading the pound has had for the last few weeks, following a very positive run. So, if you want to send money overseas and do not want to lose any more ground complete the contact us form and an experienced currency broker will be in touch to discuss all the options open to you.

Sterling On The Up!

Tom Higham — Mon, 26 Apr 2010 14:48:28 +0000

The Pound has strengthened be over a cent and a quarter from start of trading taking Sterling to some of the highest levels we have seen for several months against the Euro. Sterling is also up against the US Dollar by a cent presenting some fantastic buying opportunities.

While the pound continues its recent good run it is being mainly put down to the run in to the election and also investors lack of confidence in the Eurozone as money floods out of Europe and into the UK and the Dollar as Greece saga rumbles on. So, if you need to send money overseas complete the contact us form and an experienced currency broker will contact you and explain all the options open to you.

Sterling Rises Despite Political Uncertainty

Tom Higham — Wed, 21 Apr 2010 09:12:24 +0000

The Pound has continued to rally this morning despite the levels of uncertainty in the political arena. Some polls are showing a Lib Dem lead while others are showing a Tory lead but neither showing enough for a majority so while the election rumbles on it is likely that we will continue to see a lot of volatility in the currency markets. So, while the Pound is at a two month high against the Euro and up by over three quarters of a cent today there are some fantastic buying opportunities.

So, if you need to send money overseas complete the contact us form and an experienced currency broker will be in touch to explain all the options open to you and the current live buying and selling prices.