Tag Archives: Yen

U.K GDP Contracts 0.7 in Second Quarter

Posted on August 28, 2009 by admin

Revised second quarter GDP figures show the UK economy contracted -0.7% in the second quarter, slightly less than the -0.8% previously recorded. Economic and industrial confidence for the eurozone has come in positive this morning, while US personal consumption figures are likely to cause some currency volatility later in the day.
Continue reading →

Posted in Currency News, Euros, UK Pound Sterling | Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, currency ideas, currency solutions, currency trading, UK Pound Sterling, US Dollars, Yen | Leave a comment

Euro Rally Continues

Posted on August 27, 2009 by admin

The single currency has extended its rally against the pound this morning, gaining support from the release of the German consumer price index and consumer confidence figures. International risk appetite took a hit yesterday as US durable goods orders came in more modest than expected, and currency exchange rates for the yen strengthened in the run up to Japan’s general election. Continue reading →

Posted in Euros, Other Currencies, UK Pound Sterling, US Dollars | Tagged bank of england, banks, best rates currency, commission free currency, Consumer Spending, Currency Forward, Currency Future, currency solutions, currency trading, European Central Bank, UK Markets, UK Pound Sterling, US Dollars, World economy, Yen | Leave a comment

Sterling hits year highs against Dollar

Posted on June 1, 2009 by admin

Both sterling and euro currency rates are at their highest level this year against the US dollar as market sentiment continues to improve following news the pace of recession is moderating. This is despite news that General Motors, once the world’s largest auto manufacturer, is to declare bankruptcy later in the day. This week brings interest rate decisions from the Bank of England, European Central Bank and Australian Reserve Bank.
Continue reading →

Posted in Company News, Currency News, Euros, Special Currency Offers, UK Pound Sterling, US Dollars | Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, Canadian Dollar, commission free currency, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, European Central Bank, Euros, Japan, personal currency service, UK Pound Sterling, US Dollars, Yen | Leave a comment

Markets on weak note

Posted on May 26, 2009 by admin

Currency exchange rates have opened on a weak note this morning as North Korean missile tests and concern over government debt levels led to a more neutral trend in equities. With US and UK markets closed for a bank holiday yesterday the euro strengthened over the pound and dollar, although this morning these losses have been recovered. Continue reading →

Posted in Currency News, Euros, Financial News, UK Pound Sterling, US Dollars | Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, Canadian Dollar, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, Currency News, currency trading, Euros, Interest rates, personal currency service, UK Pound Sterling, US Dollars, World economy, Yen | Leave a comment

Japans GDP contracts 4%

Posted on May 20, 2009 by admin

Japan’s economy has contracted by 4% in the first quarter of 2009, taking the annual rate of contraction to 15.2% as the strong yen and slump in global trade battered the Japanese export sector. The pound is trading at its highest level in 2009 against the US dollar and has strengthened against the euro and yen amidst the view that the UK is well placed for economic recovery.
Continue reading →

Posted in Company News, Euros, Financial News, Special Currency Offers, UK Pound Sterling, US Dollars | Tagged Asian currencies, bank of england, best rates currency, Buy Currency, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, Euros, Japan, uk economy, US Dollars, US Markets, Yen | Leave a comment

US Retail Slumps

Posted on May 14, 2009 by admin

The risk rally lost momentum overnight as US retail sales figures declined by 0.4% in April. US retail sales figures are a crucial to wider economic sentiment as they are directly related to business confidence and import levels. Weakened growth predictions from the Bank of England and negative industrial production figures from the eurozone also dragged exchange rates downwards for the “riskier” currencies.
Continue reading →

Posted in Company News, Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged Asian currencies, Australian Dollar, best rates currency, Buy Currency, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, Euros, Interest rates, Japan, personal currency service, uk economy, UK Pound Sterling, US Dollars, US Markets, Yen | Leave a comment

Equity Markets Stall

Posted on May 12, 2009 by admin

Equity markets have been on hold overnight as investors suddenly feared they may be taking on too much risk. There remain a number of unknowns in the global economy and further evidence of positive data may be needed to trigger another rally. Currency exchange rates are little changed although the ‘higher risk’ Australian and New Zealand currencies have trimmed gains against the US dollar and euro.
Continue reading →

Posted in Uncategorized | Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, Currency News, currency trading, Euros, Interest rates, UK Pound Sterling, US Dollars, World economy, Yen | Leave a comment

Markets look to BOE

Posted on May 7, 2009 by admin

Currency exchange rates are likely to be subject to volatility today as interest rate decisions from the Bank of England and ECB are due. The results of “stress tests” on US banks are also due later in the day and this could affect exchange rates for all the major currencies. The Australian dollar reached a 12-year high against the pound overnight as positive figures from the US and buoyant Australian retail sales improved investor confidence.
Continue reading →

Posted in Company News, Euros, Financial News, Special Currency Offers, UK Pound Sterling, US Dollars | Tagged Asian currencies, bank of england, best rates currency, Buy Currency, commission free currency, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, Euros, Interest rates, uk banks, uk economy, UK Pound Sterling, US Dollars, Yen | Leave a comment

Pound hits Four Month Highs

Posted on May 6, 2009 by admin

The bullish trend in equities and currency exchange rates continues this week as both the euro and pound reached four month highs against the US dollar. Improved prospects of global recovery are encouraging the flow of funds away from safe havens and many of the “riskier” currencies are receiving a boost in exchange rates this week.
Continue reading →

Posted in Company News, Currency News, Euros, Financial News, Other Currencies, UK Pound Sterling, US Dollars | Tagged Asian currencies, Australian Dollar, bank of england, best rates currency, Buy Currency, commission free currency, currency exchange, Currency Forward, Currency Future, Currency News, currency solutions, currency trading, Euros, Fiat, Interest rates, personal currency service, Pound Sterling, uk economy, UK Pound Sterling, US Dollars, Yen | Leave a comment

Obama comes to U.K

Posted on April 1, 2009 by admin

US President Barack Obama has arrived at Downing Street for a meeting with Prime Minister Gordon Brown ahead of the G20 summit. World leaders are gathering in London to discuss ways to resolve the worst financial crisis since the 1930s.

However, rifts have already begun to emerge, with France threatening to walk away from talks if its demands for stricter financial regulation are not met. The summit takes place amid tight security, with the police warning of “unprecedented” levels of protest. Continue reading →

Posted in Company News, Euros, Other Currencies, Special Currency Offers, UK Pound Sterling, US Dollars | Tagged Asian currencies, bank of england, best rates currency, Buy Currency, commission free currency, Consumer Spending, currency exchange, Currency Forward, Currency Future, currency trading, Euros, Interest rates, personal currency service, UK Pound Sterling, US Dollars, Yen | Leave a comment