USD/GBP Rate & Comments for 27th August 2010
USD/GBP – 1.552
Sterling benefitted from improved risk sentiment as gains in stock markets gave investors the confidence to seek higher returns elsewhere. Sterling reached $1.5545/£1 against the US dollar as the FTSE 100 gained 1% through the day. Today sees the release of GDP data in the UK and a surprise to the upside could benefit Sterling. Get in touch now to speak to our traders so you can plan ahead accordingly.
The US dollar continues to move with investor risk appetite and today the focus will be on GDP data as well as the Federal Reserve Chairman Ben Bernanke’s speech at the central banker summit in Jackson Hole.
Exchange rates change every second – call Smart Currency Exchange for a live up-to-the-minute quote. For individual requirements, visit the SmartCurrencyExchange.com website and for companies visit the SmartCurrencyBusiness.com website.
Topic: Bank of England, Currency Exchange, Currency Rates, Pound, Rates, Smart Currency Exchange, Sterling, US Dollar, US economy, USD, exchange rates, strong sterling
USD/GBP Rate & Comments for 26th August 2010 USD/GBP – 1.553 Sterling had a fairly quiet day yesterday and remains range bound against the euro and US dollar. With trading volumes still low due to the holiday season any negative surprises could hit confidence in sterling and lead to larger movements than normal. Today sees Continue Reading…
Topic: Bank of England, Currency Exchange, Currency Rates, Rates, Smart Currency Exchange, Sterling, UK economy, US Dollar, US economy, US stock markets, USD, exchange rates, strong prices, strong sterling
USD/GBP Rate & Comments for 23rd August 2010USD/GBP – 1.558 Last week was a strong one for sterling against the euro and this trend has continued this morning as it is trading at 1.2260/£1. During this past week, the Bank of England minutes for the month of August showed that the decision to keep interest Continue Reading…
Topic: Bank of England, Currency Exchange, Currency Rates, Rates, Smart Currency Exchange, Sterling, UK budget data, UK economy, US Dollar, US economy, USD, emergency budget, strong sterling
USD/GBP Rate & Comments for 12th August 2010 USD/GBP – 1.569 Sterling dropped by nearly 1% against the US dollar yesterday after the Bank of England’s quarterly inflation report said that inflation would drop below the 2% target level in the next 2 years. In addition the Bank left the door wide open for further Continue Reading…
Topic: Bank of England, Currency Rates, Pound, Rates, Smart Currency Exchange, Sterling, UK economy, US Dollar, US economy, US stock markets, USD, best US dollar prices, emergency funding, strong sterling
USD/GBP Rate & Comments for 9th August 2010 USD/GBP – 1.594 Last week was a strong one for sterling – especially against the US dollar where the pound finished up 1.74% on the week. We saw sterling hit a 6 month high of $1.5999/ £1 against the US dollar on Friday after poor US employment Continue Reading…
Topic: Currency Rates, Pound, Rates, Smart Currency Exchange, Sterling, UK economy, US Dollar, US economy, US stock markets, USD, exchange rates, strong sterling
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