Currency Line» South African Rand http://www.currencyline.co.uk Find the Best Foreign Exchange Rates Thu, 29 Jul 2010 08:17:38 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 The Currency Market http://www.currencyline.co.uk/the-currency-market-3/ http://www.currencyline.co.uk/the-currency-market-3/#comments Tue, 24 Nov 2009 09:27:53 +0000 Alex Ellis http://www.currencyline.co.uk/?p=640 Sterling has experienced gradual gains in the last few weeks, however yesterday, GBP lost ground against the entire spectrum of major currencies; The Euro, Us Dollar, Australian Dollar, New Zealand Dollar and South African Rand.

One explanation of this is what has been termed the ‘Currency Compass,’ which outlines the factors that influence the market. These four factors are: Political Certainty, Economic Stability, Acts of Terror and Acts of God. Currently three of these factors are influencing the Pound; the only one which isn’t being Acts of Terror.

Today there are a number of data releases that could impact the market; this could make the market especially volatile. In order to ensure you reduce the risk when transferring money abroad, contact an experienced currency specialist who will aid you through the process.

The most influential data release for the U.K. will be the mortgage approvals released today at 9:30AM. This will show how the housing sector is fairing in this economic crisis and if data is not as expected could impact Sterling Exchange Rates.

]]> http://www.currencyline.co.uk/the-currency-market-3/feed/ 0 http://www.currencyline.co.uk/398/ http://www.currencyline.co.uk/398/#comments Tue, 23 Jun 2009 15:32:47 +0000 Dan Wright http://www.findcurrency.com/?p=398 Sterling weakness – where do we go from here??Sterling has had a terrible day on the markets, bouncing back from a 7 month high against a basket of major currencies. Hopefully this is a minor blip on the road to recovery but the ‘w’ shaped recovery is starting to enter ones mind again!

]]> http://www.currencyline.co.uk/398/feed/ 0 Early Losses http://www.currencyline.co.uk/early-losses/ http://www.currencyline.co.uk/early-losses/#comments Tue, 28 Apr 2009 07:59:08 +0000 Tom Higham http://www.findcurrency.com/?p=319 Red screen at morn traders be warned! Sterling has started the day losing ground against most the major currencies as the  fear of the swine virus continues to plauge trading.

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