Call Free Phone Now:0808 163 0102
Outside the UK: +(44) 207 898 0541 Request a Call Back
 
  Daily Currency News Euro US Dollar Educational Articles  
 
Posted May 30th, 2012 by Charles Purdy

USD/GBP Rate & Comments for 30th May 2012

US$/GBP – 1.5610

Sterling remained fairly range bound yesterday against the majority of currencies; but, weakened off against the US dollar and Japanese yen dropping to a 2.5 month and 3.5 month low respectively. On the data front, the Confederation of British Industry (CBI) survey on the relative level of current sales volume came in much better than expected providing a small respite from the overwhelmingly negative sentiment currently felt in the UK. With little significant data out today other than the monthly change in net lending to individuals, the market will look elsewhere for influence; so, call in now for the latest update and a live quote.

The US dollar ended the day fairly strong as news from Europe filtered through to the markets. Data released showed that the Conference Board Consumer Confidence survey has missed markets expectations yesterday dropping to a 4 month low. Pending home sales data released today is the main news on the agenda; so, call in now for the latest news and a live quote.
For individual requirements, visit the SmartCurrencyExchange.com website and for companies visit the SmartCurrencyBusiness.com website

Leave a Reply

Posted May 29th, 2012 by Charles Purdy

USD/GBP Rate & Comments for 29th May 2012

US$/GBP – 1.5679 Sterling strengthened slightly against the US dollar and Japanese yen yesterday, whilst weakening off against the commodity backed currencies as risk appetite drove the market in the early hours due to the latest news coming from Greece. It was a very quiet day for data across the globe generally yesterday as the  Continue Reading…

Posted May 28th, 2012 by Charles Purdy

USD/GBP Rate & Comments for 28th May 2012

US$/GBP – 1.5698 Sterling remained fairly range bound on Friday due to a relatively light day on the data front across the world. The main data out of the UK this week is the Manufacturing Purchasing Managers’ Index (PMI) as well as the bench mark 10 year bond auction. With a bank holiday in much  Continue Reading…

Posted May 25th, 2012 by Charles Purdy

USD/GBP Rate & Comments for 25th May 2012

US$/GBP 1.5659 A busy week for the UK saw sterling strengthen against the euro; but, weaken against the US dollar as risk aversion drove the market. Revised GDP data confirmed that the UK is officially in a “double-dip” recession with the latest figure showing a contraction of -0.3%. Retail sales figures were also much worse  Continue Reading…

Posted May 24th, 2012 by Charles Purdy

USD/GBP Rate & Comments for 24th May 2012

US$/GBP – 1.5682 Sterling strengthened against the euro and the commodity backed currencies; but, weakened against the US dollar and Japanese yen as risk aversion drove the market. Data released yesterday showed a sharp drop in retail sales figures to -2.3% when only a -0.8% figure was expected. The Bank of England’s policy meeting minutes  Continue Reading…

© Copyright 2010 Smart Currency Exchange. All Rights Reserved.
Site by Iniquus