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By Tom Higham

The Pound has begun the week losing ground following a new opinion poll published in the Sun this morning showing the Liberal Democrats leading the race but the fact that the difference between the three parties is so small that the chances of a hung parliment is increasing and as a result Sterling has lost over a cent against the Dollar, nearly one and a half cent against the Kiwi Dollar and half a cent against the Euro. With more live tv debates coming up it is likely that the opinion polls will continue to swing one way and another and as a result the Pound could move with it leading to a very dramatic weeks in the markets.

By Tom Higham

The currency markets are still being driven by the current election campaigns as each opinion poll seems to be causing large swings on the exchange rates with polls suggesting a hung parliment leading to Sterling weakness and polls suggesting a Tory majority causing Sterling strength. The closer we get to the election the more volatile the market is likely to become, so if you want to take the risk out of the currency market then speak to a specialist currency broker who will be able to explain all the options open to you including a forward contract where you can fix the rate of exchange at the current levels for a period in the future perfect to help you budget.

Should you like to discuss the options open to you please complete the contact us form and an experienced currency broker will be in touch.

By Tom Higham

The Pound has traded well today after the bank holiday weekend against most the major currencies except the US Dollar which has seen it lose one and a half cents. However, against the Euro the pound has strengthened over the weekend and we are looking at some very good buying levels at present.

So, if you need to buy currency complete the contact us form and an experienced currency broker will be in touch.

By Tom Higham

The pound has continued to perform well today with gains of over one cent against the US Dollar, nearly two cent gains against both the Australian and New Zealand Dollar and slight gains against the Euro. This positive movement for the Pound comes after yesterdays news that the UK economy grew more than predicted in the last quarter of 2009. Official figures released yesterday showed the UK economy had grown by 0.4% compared to the 0.3% figure that had been predicted and although the difference was slight it still gave the pound a much needed boost.

So, if you need to buy currency complete the contact us form and an experienced currency broker will be in touch to explain all the option open to you.

By Tom Higham

Sterling has started the week positively as the pound has gained over a cent against the US Dollar, half a cent against the Canadian Dollar and a slight improvement against the Euro. This means we are seeing some very good buying opportunities this morning and with UK Gross Domestic Product due for release this week the opportunities may not last for long.

So, if you need to buy currency or send money overseas complete the contact us form and an experienced currency broker will be in touch to explain all the options available to you.