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By Tom Higham

The Pound has started the day strongly against the US Dollar gaining half a cent, however against most the other major currencies Sterling is holding firm at current levels. With very little economic data due out today the movement in the markets is likely to come as a result of investor confidence and this could highlight how little faith there is in the Pound at present. If you want to stay in touch with what is happening with the currency market then please complete the contact form and an experienced currency broker will be in touch to discuss your requirements and all your options.

By Tom Higham

Sterling has started the day on a slightly more positive note following a couple of negative days in the currency markets.  The pound is up by half a percent against the Dollar this morning and by over 0.3% up against the Euro. These may not sound like big movements but on a £200,000 transfer this means roughly an extra €$1,500 or €600. So, if you need to send money overseas then please fill in the contact us form and an experienced currency broker will shortly be in touch to explain all the options to you to help get the best exchange rate.

By Tom Higham

With the news that a Labour government is more likely than a Tory in the upcoming general election the Pound has fallen further in this mornings trading. With the Conservative government losing their lead in the polls it appears that the Pound is following the Tories in a downward trend and with levels of resistance against both the Euro and the US Dollar means we could be very close to a big Sterling collapse. However, the problems in Greece persist so opinions of where the market will head next remain very split. If you would like to discuss in more detail the market outlook with a currency expert then complete the contact us form and a broker will be in touch shortly.

By Tom Higham

Following the governor of the Bank of England Mervyn King’s comments yesterday morning that Quantatitive Easing (QE) programme could be used again in the coming months the Pound fell agains a basket of major currencies. However, we did see a rebound towards the end of the day and we begin trading today with Sterling again losing ground but still at decent buying levels especially for those with a Euro requirement.

If you would like to discuss your requirements and the options open to you then complete the contact form and an experience currency broker will be in touch to assist you.

By Tom Higham

The Pound exchange rates have held relatively firm in trading today with Sterling Euro exchange rates moving only 0.3% and Sterling Dollar exchange rates moving 0.19%. However, the good news is the movement is Sterling positive! So, even though the movement is small it is positive and if you need to send money overseas please complete the contact us form and an experienced and knowledgeable dealers will contact you.