Tag: Foreign Exchange

Investors looking to make a currency exchange online may be interested to hear the number of counterfeit euro coins removed from circulation has decreased.

The European Commission has released the latest figures from its 2011 report into fake denominations, revealing 157,000 coins were seized last year.

The continuing weakness of the sterling is likely to result in foreign investors dominating money transfers and property purchases in the UK housing sector in 2012.

This is according to chief executive at London Central Portfolio Naomi Heaton, who explained how individuals from overseas will lead housing movements in the capital this year.

The public have been warned to be on alert when making a euro exchange as there remains several counterfeit banknotes in circulation.

According to the European Central Bank's (ECB's) biannual report, the second half of 2011 saw 310,000 fakes withdrawn from the currency market.

The Office of Fair Trading (OFT) has announced plans to improve the information on currency exchange in the UK and using debit and credit cards abroad.

A super-complaint from Consumer Focus led to the body securing an agreement from banks and travel money providers to make things significantly clearer.

Individuals with the opportunity to take a career break may want to take one expert's advice and make a money transfer before heading overseas.

Founder of thecareerbreaksite.com Rachel Morgan-Trimmer commented how now is the ideal time to spend some time abroad as the uncertain job market can make people anxious.

An increasing number of tourists may be making currency exchanges ahead of trips to Britain, as it has been noted that more and more visitors are coming to the UK each year.

Research carried out by travel accommodation website WhereToSleep has revealed private holiday rental bookings are becoming increasingly popular with those looking for budget breaks.

EU residents are generally happy with their quality of life, but have shown concerns regarding the strength of their country's economy.

This is the conclusion of a new Eurobarometer survey from the European Commission, the result of which could be of interest to Britons who are dissatisfied with life in the UK and have been considering taking a job overseas and using online money transfer to send money back to the UK.

People will continue to make currency transfers in order to invest in the Swiss Franc unless more is done to resurrect the Deutschemark, it has been claimed.

Chief economist at Ignis Asset Management Stuart Thomson explained how the Swiss Franc is "the new Deutschemark" and is set to remain one of the most desirable currencies in Europe.

Pensioners have been advised to plan thoroughly before carrying out a currency exchange and purchasing a retirement property abroad.

Head of pensions policy at Standard Life John Lawson explained how many individuals dream of spending their later years living overseas.

Some graduates may soon be requiring euro exchange services following one expert's advice about working abroad.

Lizzie Fane, founder of ThirdYearAbroad.com, described how looking for employment opportunities outside of the UK could be the way forward.

Sterling's currency exchange rate has slumped on the back of poor retail data.

The latest figures from the Office for National Statistics, released yesterday (June 16th), showed that the growth in retail sales in May was the weakest seen this year, other than the distortion around Easter.

The poor currency exchange rate between the euro and the US dollar is compounding problems in the mid-range wine market.

This is according to recent comments from Chris Adams, an importer of Sherry Lehman in New York.

The pound's foreign exchange rate rose today (Monday, June 13th) as investors priced in further eurozone debt concerns.

Sterling reached $1.63 against the US dollar at 13:15 BST this afternoon, while the pound was trading at €1.13 against its single currency neighbour.

Finding the best way of sending money overseas could be increasingly important for property investors.

According to recent comment, high monthly rents are attracting buy-to-let investors from overseas to the English capital.

Anita Mehra, company director of Letting agency Benham and Reeves, told Overseas Property Professional that a number of investors from the Gulf and the Far East are looking to buy property in London.

The pound's foreign exchange rate did show much of a reaction to the news that the base rate is to be held at 0.5 per cent for another month.

Meeting this morning, the Bank of England's (BoE) Monetary Policy Committee voted to maintain the historically low interest rate.

The Australian dollar's strong foreign exchange rate is not putting off overseas property investors.

According to David Rees, head of research and consulting at JLL Australasian, the country has one of the most "transparent real estate markets in the world and good financial regulation".

The pound's foreign exchange rate approached a four-week low against the euro this morning (June 6th), following the prospect that the European Union officials are to prepare a new aid package for Greece.

Greece agreed to a new programme of austerity measures last week, in return for further assistance from the EU and the International Monetary Fund.

The foreign exchange rate of sterling is having a major impact on the state of the London property market, one property expert has suggested.

Nigel Ellis, director at estate agent Prickett & Ellis, noted that the strength of the market in the capital is a little surprising. "I suspect that it rather depends on the value of the pound," he explained. "If the pound dips further then, to the world, [London house prices] are not going up - they are getting cheaper all the time."

A favourable foreign exchange rate is driving Asians' purchases of property in central London.

According to recent research from Knight Frank, just under 60 per cent of all new-build property sold in London in the last six months went to Asian buyers.

Sterling's foreign exchange rate has reached a two-week high against the US dollar.

This afternoon (Friday, May 27th), the pound's foreign exchange rate reached $1.64 after rising from the previous week's low of just above $1.61.

The pound's foreign exchange rate against the euro has moved in sterling's favour somewhat, hovering close to a two-month high.

This morning (May 25th) the pound was up against the euro, trading at almost €1.15 at 11:00 BST. Meanwhile, sterling bought $1.62 against the US dollar.

The pound's foreign exchange rate has remained steady today (Friday, May 20th) after positive retail data for the UK, released Thursday, offered some support to the currency.

However, its gains were limited due to ongoing concerns regarding the state of the country's economy.

The pound's foreign exchange rate has reached a six-week low against the dollar following the publication of the Bank of England's Monetary Policy Committee (MPC) meeting minutes.

A six-to-three majority voted to maintain the UK's historically low base rate at 0.5 per cent in this month's meeting, the minutes revealed.

The pound's foreign exchange rate is unlikely to show much improvement in its performance over the next few months.

Sterling recently reached a 35-year low vs the US dollar, marking itself out as the worst performer against the dollar over the first quarter of the year.

Strong data from the eurozone has seen seen sterling's foreign exchange rate weaken against the single currency.

Germany's economic growth data was stronger than expected in the first quarter of the year, as was that of France.

The popularity of the Channel Islands with Brits has benefitted from the strength of the euro's foreign exchange rate.

Beverly Scarr, product manager at Channel Islands Direct, stated that the strength of the euro's foreign exchange rate has made traditional European destinations "incredibly expensive".

The pound's foreign exchange rate has been impacted by speculation regarding the Bank of England's inflation report.

Due for release tomorrow (Wednesday, May 11th), the report has been the focus of investors' attentions amid concern that the Bank could lower its growth forecasts for the UK economy.

The foreign exchange rate between sterling and the euro appears to have prompted a number of Britons to sell their overseas properties.

Charles Smallwood, owner of estate agent Agence L'Union, explained that expatriates and people with investment and holiday homes in France lowered their prices by between 20 and 30 per cent last year in order to get a sale and benefit from the foreign exchange rate.

Sterling's foreign exchange rate is likely to remain hovering around a year's low today ahead of the latest Bank of England Monetary Policy Committee meeting.

The pound has dipped sharply to trade at €1.11 this morning (May 5th) at 09:00 BST.

Currency exchange rates could be high on Britons' minds ahead of the bank holiday weekend.

According to Emma O'Boyle, TripAdvisor spokeswoman, Brits are "more aware than ever of travel costs".

Expatriates have been advised to research their plans to head overseas before they make the move.

Rhiannon Davies, director of Shelter Offshore, said that people should consider things like ease of integration, work options and education standards and costs.

Currency exchange rates on the Australian dollar make the country a good place for people from the UK to work.

This is according to recent comments from Tom Griffiths, founder of gapyear.com, who said that there are "plenty of jobs in Australia".

The pound's currency exchange rate is holding onto gains against the euro.

Precarious fiscal positions within the eurozone are helping sterling to make gains in the market, Reuters reported.

This morning (April 19th), the pound bought €1.14 at 10:45 BST; up from the week's low of just below €1.125.

The currency exchange rate for the pound has fallen against the US dollar this morning (April 18th).

At 11:30 BST the pound bought $1.627, down from last week's high of $1.638.

The dip comes as investors are continuing to look negatively on the chances of an increase in UK interest rates next month.

Getting a good currency exchange rate on the Taiwan dollar could be more important than ever.

The country's parliament has recently approved a new tax on real estate investments and luxury goods.

The euro's exchange rate has been pushed down due to the downgrade of Ireland's debt.

Moody's reduced the country's sovereign debt rating by two notches to bring it down to the lowest investment grade.

This reflects the country's difficulties in addressing its budget deficit, the ratings agency reported.

Online fashion retailer Asos has seen substantial growth in its overseas sales.

The company might need to seriously consider its international money transfer options after international sales roles by 161 per cent in the three months to the end of March when compared to the same period in 2010.

Euro exchange rates could be well-worth considering if you are thinking about spending Easter overseas.

A spokesman for the Spanish Tourist Office has explained that there is a "great deal of emotion" surrounding the celebrations of Easter week in Spain.

Currency exchange rates could prove important for people looking to splash the cash in Dubai.

According to research from leading global real estate adviser CB Richard Ellis, Dubai is now equal to London as the most popular retail city in the world.

The currency exchange rate of sterling has fallen broadly following the publication of the latest inflation data.

According to the Office for National Statistics (ONS), the Consumer Prices Index (CPI) inflation level fell from 4.4 per cent in February to four per cent in March.

Some 56 per cent of Brits aged over 55 that retired overseas are currently conducting international money transfers back to the UK, new research has found.

That is according to a recent study by HiFX, which noted that a growing number of individuals are continuing to feel the pressure of the economic downturn.

The currency exchange rate of the pound could help to ease some of the inflationary pressures on the UK economy.

This is according to recent comments from a foreign currency specialist at HiFX.

Sterling's exchange rate has fallen on the back of poor UK industrial data.

The Office for National Statistics (ONS) revealed today (April 6th) that industrial output slipped in the UK during February.

According to the figures, output contracted by 1.2 per cent after growth was revised down by 0.3 per cent for January.

The currency exchange rates around Europe are currently in favour of people using sterling.

Taking into account the cost of an average weekend break and the currency exchange rates, over half of the cities surveyed by the Post Office are cheaper for Brits than they were last year.

Euro exchange rates could be more of an interest to people considering expatriating to Spain as the Alicante Airport has opened its new terminal.

Located in the Costa Blanca in Spain, the new facilities will be available in time for the busy Easter holiday; offering the perfect opportunity for people to check out property in the region before they move.

The pound's exchange rate is still vulnerable to market changes after the latest manufacturing data saw sterling take a fall.

Today (April 1st), the pound dipped to $1.59 at 14:30 BST after falling from the month's high of almost $1.64.

The pound's currency exchange rate has received a boost from data, lifting it off the recent low against the euro.

Sterling had reached a five-month low against its neighbour currency.

Now, Reuters reported, data showing that the UK's service sector rebounded in January has helped the pound make some gains.

The currency exchange rate of the pound could eventually impact people's pay rates, it has been suggested.

Charles Cotton, performance and reward adviser for the Chartered Institute of Personnel and Development, said that it is hoped that the lower value of the pound will start to benefit UK organisations.

The pound's currency exchange rate has reached a 2011 low against the euro.

This morning (March 25th) sterling dropped to €1.14 but experts have warned that further declines may come.

Concerns about the UK economy and the timing of the Bank of England's base rate hike are fuelling the pound's fall, Reuters reported.

Getting a good rate of foreign exchange on your money might help expatriates to really experience life in Taiwan.

According to Josephine Huang, marketing manager at the Taiwan Tourism Bureau, the country "perfectly combines age-old traditional culture and arts with modern life".

The currency exchange markets have been strongly affected by the recent events in Japan.

Over the past week the yen has surged to record highs against the US dollar, while other currencies were weakened.

The pound's currency exchange rate has jumped up against the US dollar.

Indeed, sterling reached a 14-month high this morning (March 22nd) following stronger-than-expected UK inflation.

Investors are bringing forward their predictions of when the Bank of England's Monetary Policy Committee will raise the base rate due to the high level of inflation, Reuters reported.

The currency exchange rate on the euro has not harmed tourism in Greece.

This is the view of George Nikitiades, the deputy minister of culture and tourism for the Mediterranean country.

Mr Nikitiades said: "It seems that [the strength of sterling's currency exchange rate] doesn't hurt the tourist sector in our market of tourism.

The currency exchange rate of the yen has surprisingly strengthened despite the catastrophic consequences of the recent earthquake and tsunami.

Chris Towner, director of FX advisory services at HiFX, said that the trading environment in the foreign exchange markets has been stable.

The pound's currency exchange rate reached a low point in 2011 against the euro.

This morning (March 14th), the pound dipped to €1.152 against the single European currency.

According to Reuters, the euro benefited from an unexpected deal to strengthen a eurozone bailout fund.

The pound's currency exchange rate has been buoyed by the latest trade data from the Office for National Statistics (ONS).

According to the ONS data, the UK's deficit on trade in goods and services was £3 billion in January, significantly lower than that December deficit of £5.5 billion.

The pound's currency exchange rate has slipped against the euro, to reach a five-week low, it has been reported.

Reuters revealed that speculation that eurozone interest rates may rise before UK rates is behind the rise for the single currency.

The pound's currency exchange rate has slipped against the euro, to reach a five-week low, it has been reported.

Reuters revealed that speculation that eurozone interest rates may rise before UK rates is behind the rise for the single currency.

The pound's currency exchange rate has slipped against the euro, to reach a five-week low, it has been reported.

Reuters revealed that speculation that eurozone interest rates may rise before UK rates is behind the rise for the single currency.

The increasing number of passenger flights taking place could mean that people are in need of competitive currency exchange deals.

According to the International Air Transport Association (IATA), passenger flights boomed by 8.2 per cent in the year to January.

The weak currency exchange rate for sterling is helping a trade resurgence in the manufacturing sector.

This is according to Ed Moss, spokesman for the Manufacturing Institute, who noted that the pound is "aiding exports a little bit".

The currency exchange rate between the Turkish lira and the pound could prompt people to consider heading to Turkey.

According to Tolga Tuyluoglu, director for UK and Ireland at the Turkish Culture and Tourism Office, the destination still represents "excellent value for money".

The Reserve Bank of India has stated that the country will not enter into the currency exchange wars that are taking place around the world.

It affirmed that the currency exchange rate will continue to be determined by market issues, the Times of India reported.

Sterling's currency exchange rate has fallen broadly following the publication of weaker-than-expected GDP data.

The figures from the Office for National Statistics showed that GDP contracted by 0.6 per cent in the fourth quarter of 2010.

The currency exchange rate for the Swiss franc reached a record high against the US dollar this week.

Bloomberg reported that the yen also showed some significant strength, attaining a two-week high against the US currency.

Sterling's currency exchange rate received a boost from the publication of the Bank of England's minutes this morning.

The pound rose against the US dollar and the euro this morning (Wednesday, February 23rd), after the minutes from the Bank's Monetary Policy Committee's latest meeting showed that three members voted for a rise in the base rate.

The currency exchange rate for the New Zealand dollar has fallen following a serious earthquake in the country.

At least 65 people have been confirmed dead in the quake, which hit the City of Christchurch on the South Island.

The currency exchange rate for the New Zealand dollar has fallen following a serious earthquake in the country.

At least 65 people have been confirmed dead in the quake, which hit the City of Christchurch on the South Island.

Sterling's currency exchange rate may be vulnerable in the near-term after suggestions that the Bank of England may soon raise the base rate.

According to Reuters, analysts have suggested that the possible increase has already been priced in and as such the pound will struggle to make any further gains.

Sterling's currency exchange rate has made gains after recent comments have hinted towards an increase in the base rate.

Bank of England Monetary Policy Committee member Andrew Sentance said that the latest economic forecasts from the Bank have underestimated the risk of rising inflation.

The euro's currency exchange rate is still fragile due to the financial weakness of a number of its member countries.

This is according to a recent article published in the Telegraph, which highlighted the fact that Greece and Ireland have already received bail-outs to salvage their economies.

The currency exchange rate for sterling has been impacted by the UK inflation data.

Figures from the Office for National Statistics showed that inflation rose to four per cent in January, which is roughly in line with economists' forecasts.

Sterling's currency exchange rate has fallen broadly following the Bank of England's decision to leave the base rate untouched.

The Bank's Monetary Policy Committee (MPC) voted to keep the historic low rate of 0.5 per cent for the 23rd consecutive month.

Sterling's currency exchange rate has fallen broadly following the Bank of England's decision to leave the base rate untouched.

The Bank's Monetary Policy Committee (MPC) voted to keep the historic low rate of 0.5 per cent for the 23rd consecutive month.

Sterling's currency exchange rate against the US dollar remained steady today (February 8th) as traders waited for the latest Bank of England interest rate decision.

The Bank's Monetary Policy Committee (MPC) is due to meet tomorrow to decide if the base rate requires increasing.

The pound's currency exchange rate reached a two-week high this morning (February 4th).

According to Reuters, unexpected improvements in house price data helped push sterling up against the US dollar.

Sterling's currency exchange rate reached a three-month high against the US dollar this morning (February 3rd).

Positive data from the UK services purchasing managers index, which was above expectations, was deemed partly responsible for the pound's gains.

Using a currency exchange firm could help to ensure that transactions take place at the most favourable rate available.

This is according to advice issued by Shelter Offshore recently.

The news source stated that expatriates might wish to "explore forward contracts with currency companies to ensure future transactions and transfers are done at the most favourable rate currently possible".

Using a currency exchange firm could help to ensure that transactions take place at the most favourable rate available.

This is according to advice issued by Shelter Offshore recently.

The news source stated that expatriates might wish to "explore forward contracts with currency companies to ensure future transactions and transfers are done at the most favourable rate currently possible".

The currency exchange rate for the euro reached a two-month high against the US dollar today (Tuesday February 1st).

Signs that eurozone interest rates will rise faster than those in the US are responsible for the boost, Reuters reported.

Sterling's currency exchange rate has lifted on the back of the publication of the minutes from the Bank of England's Monetary Policy Committee's (MPC) latest meeting.

The minutes revealed that two MPC members called for an increase in the base rate this month.

Sterling's currency exchange rate has lifted on the back of the publication of the minutes from the Bank of England's Monetary Policy Committee's (MPC) latest meeting.

The minutes revealed that two MPC members called for an increase in the base rate this month.

The currency exchange rate for sterling has fallen due to the unexpected drop in the UK's GDP.

Indeed, the pound plunged by 1.5 per cent yesterday (January 25th), after the Office for National Statistics (ONS) published the figures for production in the fourth quarter of 2010.

The currency exchange rate for sterling has fallen due to the unexpected drop in the UK's GDP.

Indeed, the pound plunged by 1.5 per cent yesterday (January 25th), after the Office for National Statistics (ONS) published the figures for production in the fourth quarter of 2010.

The pound's currency exchange rate has fallen against the euro, nearing a three-week low.

This morning (January 24th), the pound was trading at €1.175 at 11:15 GMT.

The euro drew support from the fact that worries over eurozone debt have taken a backseat.

The currency exchange rate for the Swiss franc is having a damaging effect on Switzerland's exports and its economic recovery.

This is according to the Swiss central bank president Philipp Hildebrand.

The pound's currency exchange rate has rallied against the US dollar this week, reaching a two-month high.

Speculation that the Bank of England might raise the base rate sooner rather than later boosted sterling.

Estonia's currency switch from kroons to the euro has been smooth and successful.

This is according to the European Commission, which has confirmed that the duel circulation period ended last week (Friday, January 14th).

There were no major problems encountered and the banks, post offices and retailers in Estonia appear to be copying well with the extra workload involved in handling two currencies for a short period of time.

Estonia's currency switch from kroons to the euro has been smooth and successful.

This is according to the European Commission, which has confirmed that the duel circulation period ended last week (Friday, January 14th).

There were no major problems encountered and the banks, post offices and retailers in Estonia appear to be copying well with the extra workload involved in handling two currencies for a short period of time.

The currency exchange rate for sterling has reached a one-month high against the US dollar.

Suspicions that the Bank of England will raise interest rates sooner than expected are supporting the pound's rise, Reuters reported.

The currency exchange rate for sterling has reached a one-month high against the US dollar.

Suspicions that the Bank of England will raise interest rates sooner than expected are supporting the pound's rise, Reuters reported.

It has been suggested that China's move to offer financial help to the eurozone could have an ulterior motive.

Indeed, the president of the European Council Herman Van Rompuy has suggested that the Chinese might have "political" thoughts in the back of their minds.

It has been suggested that China's move to offer financial help to the eurozone could have an ulterior motive.

Indeed, the president of the European Council Herman Van Rompuy has suggested that the Chinese might have "political" thoughts in the back of their minds.

Overseas property investors might want to start monitoring the currency exchange rate between the Dirham and the pound.

According to recent comments from Nicholas Marr, chief executive at Homesgofast.com, Dubai's property market could prove profitable in the year ahead.

Overseas property investors might want to start monitoring the currency exchange rate between the Dirham and the pound.

According to recent comments from Nicholas Marr, chief executive at Homesgofast.com, Dubai's property market could prove profitable in the year ahead.

Sterling's currency exchange rate against the dollar has reached a month's high.

While the pound fell sharply against the euro yesterday (Thursday, January 13th) it rose against the dollar helped by speculation regarding UK interest rates.

The currency exchange value of sterling has been hit by the news that the UK trade deficit widened by more than expected towards the end of last year.

Figures from the Office for National Statistics revealed that the deficit on trade in goods was extended to £8.73 billion in November from October's £8.59 billion.

The currency exchange value of sterling has been hit by the news that the UK trade deficit widened by more than expected towards the end of last year.

Figures from the Office for National Statistics revealed that the deficit on trade in goods was extended to £8.73 billion in November from October's £8.59 billion.

The pound's currency exchange rate against the US dollar is struggling due to the fragile UK economy.

According to Reuters, the country's fragile economic outlook has meant that sterling has remained at around a three-and-a-half month low against the dollar today (Wednesday, December 29th).

The pound's currency exchange rate against the US dollar is struggling due to the fragile UK economy.

According to Reuters, the country's fragile economic outlook has meant that sterling has remained at around a three-and-a-half month low against the dollar today (Wednesday, December 29th).

Britons have been advised to wait until the last minute to make their currency exchange deals, due to the state of the markets.

Sean Tipton, a spokesman for ABTA - The Travel Association, said that the euro and the dollar are "predicted to weaken" next year.

Britons have been advised to wait until the last minute to make their currency exchange deals, due to the state of the markets.

Sean Tipton, a spokesman for ABTA - The Travel Association, said that the euro and the dollar are "predicted to weaken" next year.

Currency exchange rates could help to tempt Britons into buying properties overseas.

This is according to Marc Da-Silva, freelance property journalist.

Mr Da-Silva said that there are "definitely signs" that the foreign property market is becoming more active, adding: "If the pound strengthens further against the euro then I would be very surprised if more Brits didn't consider buying overseas."

Sterling's currency exchange rate rose against the euro yesterday (December 20th).

However, price movements were minimal as many investors remain "on the sidelines" until the New Year, Reuters reported.

Sterling's currency exchange rate has fallen this morning (December 15th) on the back of jobs data.

Published by the Office for National Statistics, the figures showed that the jobless total for the UK stood at 7.9 per cent in the three months to October.

Sterling's currency exchange rate has fallen this morning (December 15th) on the back of jobs data.

Published by the Office for National Statistics, the figures showed that the jobless total for the UK stood at 7.9 per cent in the three months to October.

Currency exchange rates are increasing the cost of living in Tokyo for expatriates.

This is according to a recent study from worldwide human resources consultant ECA International.

Brits who are moving to the Japanese city for work or pleasure might want to look into international money transfers through an independent foreign exchange firm in order to lower their costs.

Currency exchange rates are increasing the cost of living in Tokyo for expatriates.

This is according to a recent study from worldwide human resources consultant ECA International.

Brits who are moving to the Japanese city for work or pleasure might want to look into international money transfers through an independent foreign exchange firm in order to lower their costs.

The currency exchange rate between the US dollar and the pound is likely to boost the number of British people visiting the states in 2011.

This is according to Sean Tipton, a spokesperson for ABTA - The Travel Association.

Currency exchange rates are motivating some Britons to seek out a bargain overseas, it has been suggested.

Ian Coles, director of Santander Cards, said that some shoppers are looking further afield for Christmas gifts in a bid to benefit from currency exchange rates and a different choice of products.

Currency exchange rates are motivating some Britons to seek out a bargain overseas, it has been suggested.

Ian Coles, director of Santander Cards, said that some shoppers are looking further afield for Christmas gifts in a bid to benefit from currency exchange rates and a different choice of products.

Currency exchange rates are likely to affect Britons' choice of holiday destination next year.

This is according to Emma O'Boyle, spokeswoman for TripAdvisor.

Following the publication of TripAdvisor's annual Travel Trends Survey, Ms O'Boyle said: "The traditional eurozone destinations, such as Spain, Portugal and Greece will remain popular but if the euro continues to track unfairly against the pound next year we expect to see non-euro short-haul destinations such as Turkey and Egypt continue to grow in popularity."

The euro's currency exchange rate has steadied following confirmation of the Irish bail-out.

Ireland reached an agreement with the International Monetary Fund and the European Union which will see the country accept a loan of €85 billion (£72 billion).

The currency exchange rate between sterling and the US dollar has slipped in favour of the US currency.

Indeed, the pound fell to a one-month low this morning (November 26th).

Concerns about the eurozone and the UK's neighbours are thought to be holding sterling down.

Britons have been encouraged to plan their currency exchange needs in advance of their holiday.

Bob Atkinson, travel expert at travelsupermarket.com, advised holidaymakers to "always sort your travel money out and if possible do it online because you can save up to ten per cent on your travel money versus at an airport".

An increasing number of Britons are likely to holiday within the eurozone in the months ahead due to currency exchange rates.

This is the view of Ian Bradley, spokesman for the Association of Independent Tour Operators.

Sterling's currency exchange rate has been lifted by the latest round of retail figures.

Published by the Office for National Statistics, the data showed that British retail sales rose by 0.5 per cent during October.

Sterling has made gains on the currency exchange markets following the publication of the latest Bank of England minutes.

The minutes revealed that this month's Monetary Policy Committee meeting resulted in the same decisions as in October.

Sterling's currency exchange rate has dipped against the US dollar following slightly more positive news from the US.

A sharp rise in US Treasury yields and rumours the Federal Reserve is under pressure from economists to reassess its quantitative easing plan have supported the dollar, Reuters reported.

The tourism industry in Western Europe is experiencing difficulties due to the currency exchange rate between the pound and the euro.

This is according to a recent from report the BBC, which questioned international tourism boards at the World Travel Market this week (November 10th).

Currency exchange rates could be increasingly important for Scotch Whisky firms in the UK as exports have been seen to rise over the past year.

According to the Scotch Whisky Association, there has been a 17 per cent increase in the value of exports in the first six months of 2010 compared to the same period in 2009.

The UK is no longer seen as a currency exchange haven following the effects of the economic crisis.

This is according to a recent article published in the Telegraph.

According to the paper, rather than flocking to the pound "in times of turmoil", investors are turning to the Euro.

Sterling has approached a ten-month high against the US dollar this morning (November 4th).

Concerns about the level of quantitative easing in the US and the political turmoil have helped the pound make gains.

At 12:00 GMT the pound bought $1.62, remaining above the $1.60 barrier.

The pound's currency exchange rate has fallen against the euro following the publication of the latest Purchasing Managers Index (PMI).

Compiled by Markit and the Chartered Institute of Purchasing and Supply, the PMI was seen to have fallen from 53.8 in September to 51.6 in October, only just maintaining growth.

The foreign exchange rate for sterling has prompted international investors to keep a hand in the London property market.

According to Hugh Best, head of investment management at London Central Portfolio, "weak sterling and low borrowing costs" have lead overseas investors to look to central London as "a safe haven for their monies".

The foreign exchange rate for sterling has prompted international investors to keep a hand in the London property market.

According to Hugh Best, head of investment management at London Central Portfolio, "weak sterling and low borrowing costs" have lead overseas investors to look to central London as "a safe haven for their monies".

Sterling's currency exchange rate rose against the US dollar and the euro yesterday (October 28th).

A broadly weak dollar and manipulation from investors was deemed to be responsible for the increases.

Sterling's currency exchange rate has received a lift from recent economic data.

Published yesterday (October 26th), the latest GDP figures from the Office for National Statistics showed that the UK's output increased by twice what was expected.

Sterling's currency exchange rate is suffering because of concerns about the state of the economy.

The pound reached a seven-month low against the euro yesterday (October 25th) as the possibility of further quantitative easing remained on the cards.

Currency exchange values could prove to be significant for families looking to take a holiday during the autumn half term break.

According to recent research conducted by Santander, parents have to pay over 100 per cent extra in order to travel abroad during the school holiday.

Foreign investors in the UK may be keeping an eye on currency exchange rates following the Comprehensive Spending Review (CSR).

The review, which was revealed earlier this week (October 20th) by chancellor George Osborne, will have a positive impact on commercial real estate in London.

Currency exchange rates are putting investors at risk of losing out on foreign investments.

This is according to J.P. Morgan Asset Management's Jasper Berens, who alleged that currency fluctuations can prove problematic for investors.

Currency exchange rates are putting investors at risk of losing out on foreign investments.

This is according to J.P. Morgan Asset Management's Jasper Berens, who alleged that currency fluctuations can prove problematic for investors.

Getting a good deal of currency exchange rates could prove to be important to Britons as the extent of people's overseas spending has been revealed.

The latest figures from the Office for National Statistics (ONS) show that UK tourists spent £50.1 billion on trips abroad during 2006.

Sterling's currency exchange rate has fallen against the US dollar this morning (October 18th).

The pound dropped from a high of over eight months after the Federal Reserve clarified the state of play with regards to monetary easing.

Currency exchange rates could become an important factor for travellers as hotel prices appear to have risen.

The latest Trivago Hotel Price Index revealed that the average price of overnight accommodation in Europe has risen by eight per cent between September and October.

Currency exchange rates could become an important factor for travellers as hotel prices appear to have risen.

The latest Trivago Hotel Price Index revealed that the average price of overnight accommodation in Europe has risen by eight per cent between September and October.

Taking time to find the best available currency exchange options will save Britons money, it has been suggested.

Moneysupermarket.com recently advised holidaymakers to take the time to consider their options before the half-term break.

Sterling's currency exchange rate has fallen following recent comments from a member of the Bank of England's Monetary Policy Committee.

David Miles said at a speech in Dublin yesterday (October 12th) that the Bank still considers quantitative easing to be "a potentially powerful tool and one that we might come to use".

Sterling's currency exchange rate has fallen following recent comments from a member of the Bank of England's Monetary Policy Committee.

David Miles said at a speech in Dublin yesterday (October 12th) that the Bank still considers quantitative easing to be "a potentially powerful tool and one that we might come to use".

The currency exchange rate between the pound and the euro should be of benefit to skiers and snowboarders this winter.

This is according to comments from Betony Garner, spokeswoman for the Ski Club of Great Britain.

Travellers may wish to think about their currency exchange needs if they are heading to Tallinn next year.

The Estonian capital city is due to switch from its own kronor currency to the euro in January 2011.

The International Monetary Fund (IMF) has warned that currency wars could affect the economic recovery around the world.

Dominique Strauss-Kahn, head of the IMF, said in an interview with the BBC that the actions of certain governments were likely to pose a serious threat.

Sterling's currency exchange rate is uncertain, ahead of the latest information regarding the UK's monetary policy.

The Bank of England's Monetary Policy Committee (MPC) is due to announce its decision regarding monetary easing today (October 7th).

The currency exchange rate for sterling has edged down against the euro and the US dollar this morning (September 21st).

Investors expressed concern regarding government bond auctions in eurozone states, which prompted the pound to lose its footing.

The currency exchange rate for sterling has edged down against the euro and the US dollar this morning (September 21st).

Investors expressed concern regarding government bond auctions in eurozone states, which prompted the pound to lose its footing.

The currency exchange rate for sterling has edged down against the euro and the US dollar this morning (September 21st).

Investors expressed concern regarding government bond auctions in eurozone states, which prompted the pound to lose its footing.

Currency exchange is men's area of responsibility when it comes to organising holidays, it has been suggested.

Recent research conducted by Tesco has revealed that 56 per cent of men claim to be in charge of the holiday finances when they take a trip away with their partner.

The currency exchange value of the US dollar is set to rise, analysts have suggested.

Concerns about the future of the country's economy are easing off, which is in turn renewing faith in the nation's assets, Bloomberg reported.

The currency exchange rate for the pound has fallen on the back of the latest trade data.

This morning at 11:05 BST, the pound was trading against the dollar at $1.53, while sterling bought €1.21.

The currency exchange rate for the yen is expected to lose some of its current strength.

Negative global data helped push the Japanese currency to near a 15-year high against the US dollar in the last month.

The currency exchange rate for the pound rose on the back of positive data in the UK yesterday (August 26th).

Stronger than expected retail figures were published by the Confederation of British Industry, which revealed that the reported sales balance rose from +33 in July to +35 in August.

The Japanese yen has reached a 15-year high against the US dollar today (August 24th).

Trading at 85.54 yen, the US dollar reached the lowest level recorded since 1995.

Furthermore, the yen rose to a nine-year high against the euro.

The Japanese yen has reached a 15-year high against the US dollar today (August 24th).

Trading at 85.54 yen, the US dollar reached the lowest level recorded since 1995.

Furthermore, the yen rose to a nine-year high against the euro.

Sudan has been affected by a currency exchange issues concerning revenues from its oil resources.

The north and south states signed a peace accord five years ago, in which they agreed to split revenues from the lucrative industry.

The currency exchange rate for sterling has reached an eight-week high against the euro.

This morning (August 23rd), the pound was trading against the European currency at €1.22 at 09:30 BST.

Concerns about a fragile economic recovery in the eurozone held the single currency back while positive data has been shown to have a lasting effect on the pound.

NationWide customers will soon find that they will have to pay currency exchange fees on their overseas withdrawals.

As of November 1st, the bank is due to implement a flat £1 fee on all foreign cash withdrawals as well as a two per cent commission charge.

Sterling's currency exchange rate has recovered from the initial shock of the election results.

When the results came in that no party had won an overall majority, the currency exchange rate between the pound and the euro fell by four per cent, while the pound's worth against the dollar dropped by three per cent in just one day.

Sterling's currency exchange rate has recovered from the initial shock of the election results.

When the results came in that no party had won an overall majority, the currency exchange rate between the pound and the euro fell by four per cent, while the pound's worth against the dollar dropped by three per cent in just one day.

The currency exchange rate between the euro and the pound is reportedly tempting some Britons to holiday in the eurozone.

Tesco Bank has conducted research which revealed that 29 per cent of people in the UK are intending to take a holiday in the single currency area this year.

The currency exchange rate between the euro and the pound is reportedly tempting some Britons to holiday in the eurozone.

Tesco Bank has conducted research which revealed that 29 per cent of people in the UK are intending to take a holiday in the single currency area this year.

The currency exchange rate for sterling showed a muted reaction to the latest inflation figures.

Published by the Office for National Statistics yesterday (August 17th), the data revealed that the Consumer Price Index
fell from 3.2 per cent in June to 3.1 per cent in July.

Currency exchange rates could prove important to music fans who are considering going to the Hamburg festival.

The event features choreographers, directors, musicians and artists from all over the world and is taking place in the last three weeks of August.

The currency exchange rate for sterling is partly responsible for the UK's high rate of inflation.

This is according to Bank of England Monetary Policy Committee member Andrew Sentence, who has suggested that the low value of sterling was keeping inflation above the Bank's two per cent target.

Currency exchange rates between the pound and the euro could prove to be particularly important for pensioners as European countries have topped the list of favourite retirement destinations for Britons.

Spain came in first, with 25 per cent of the vote in the study conducted by Aon Consulting.

The currency exchange rate for sterling has reached a two-week low against the dollar.

In line with the euro, the pound fell further against the US currency today (August 12th).

Weak GDP and employment data from Greece is largely thought to be responsible for the euro's decline.

The currency exchange rate for sterling is looking uncertain ahead of the release of the Bank of England's quarterly inflation report.

Due to be published today (August 11th), the report is expected to suggest that interest rates in the UK will remain low for some time to come.

Currency exchange rates are more important than ever when making holiday plans, it has been suggested.

Mark Bodega, director of HiFX, said that the pound's "strength and volatility" could result in consumers seeing real changes to the cost of their holiday this year.

The currency exchange rate for sterling is in a particularly sensitive position.

Reports from Dow Jones have suggested that the market is waiting for the Bank of England's latest quarterly inflation report to be released on Wednesday (August 11th).

Sterling's currency exchange rate could be of benefit to the UK's manufacturing sector.

The Office for National Statistics has revealed that there was an unexpected decline in industrial production during June.

Currency exchange rates for sterling are making European destinations more affordable for Britons.

This is according to a report from Halifax, which found that the pound has risen against the euro by over five per cent since February this year.

Sterling's currency exchange rate against the US dollar reached a six-month high yesterday (August 3rd).

Strong financial data from the UK, including second quarter economic growth of 1.1 per cent, was cited as driving the currency up in value.

Millions of pounds are being wasted on currency exchange fees charged by credit and debit card providers.

This is the conclusion of recent research conducted by Santander, which revealed that a collective �49 million will be spent on currency exchange fees by Britons this summer.

The currency exchange rate for the dollar has seen poor results recently.

Yesterday (July 29th), the currency exchange rate reached its lowest level in nearly three months.

The currency exchange rate between sterling and the US dollar has reached a five-month high.

Following somewhat cautious comments from the Bank of England governor Mervyn King, there has been concern among investors that the pound would drop.

Mr King said that the UK economy still contains risks and monetary policy could go up or down.

However, Michael Hewson at CMC Markets explained to Reuters that the pound is still seen as attractive.

"People are more comfortable holding sterling because the economic data out of the UK has been much more positive than the data we've seen out of the US," he said.

"On the last few occasions when King has spoken it has sent the pound lower, but this time it didn't, which tells you the market is happy being long of sterling."

Sterling was trading against the dollar at $1.56 this morning (July 29th) at 08:00 BST.

Click here to see how much you can save with HiFX's Foreign Exchange services

Posted by Thomas Smith
 

A good deal on currency exchange rates could help people who are struggling to afford their holiday this year.

According to recent research conducted by GfK NOP, 38 per cent of Britons are actively trying to spend less on their holiday this year.

Sterling's currency exchange rate has been lifted by the latest retail results.

Published by the Confederation of British Industry (CBI), the figures revealed that high street sales in July "exceeded expectations".

The currency exchange value of the pound could be hit if consumer confidence in the UK's coinage continues to fall.

A report in the Daily Telegraph has revealed that there is �41 million worth of fake �1 coins in circulation.

Profits for the hotel industry in Europe have been affected by currency exchange rates.

The latest STR Global report for Europe revealed that average daily rates (ADRs) in terms of US dollars declined by 8.4 per cent year-over-year in June 2010.

The currency exchange rate for sterling has received a boost off the back of recent data.

Released by the Office for National Statistics today (July 23rd), the latest GDP figures revealed that the UK economy grew by 1.1 per cent in the second quarter of the year.

Holiday makers could benefit from ensuring that they organise their foreign currency exchange before arriving at the airport.

This is according to Sarah Munro, head of travel money at the Post Office.

Currency exchange rates for the pound have boosted retail sales in London, recent figures from the British Retail Consortium (BRC) - KPMG London Retail Sales Monitor have suggested.

The capital saw sales in June rise by 14.4 per cent on a like-for-like basis compared with last year.

Sterling's currency exchange rate rose to a two-and-a-half-month high against the dollar yesterday (July 15th).

The increase followed an announcement from the US Federal Reserve, which revised down the forecast growth for the US economy by 0.2 per cent to a range of between three and 3.5 per cent.

The currency exchange rate for the euro is suffering against the dollar and the pound.

Concerns regarding eurozone banking stress tests are thought to be affecting the currency, the Financial Times reported.

Sterling has experienced a drop in its currency exchange rate against the major currencies. 

The pound fell against the dollar this morning to trade at $1.498 at 08:45 BST. 

Meanwhile, the British currency also took a dip against the euro to stand at €1.191. 

The prize fund for the 150th British Open golf tournament has been boosted by foreign exchange rates.

Whoever win's this year's event will take home a total of £850,000. This is £100,000 more than the prize fund for the last three championships.

UK manufacturers have seen their export sales increase thanks to favourable foreign exchange rates.

According to the latest figures from the British Chambers of Commerce (BCC), sales were up by 11 points to 31 per cent in the second quarter of the year.

The US dollar should be scrapped as the main global reserve currency, a new report from the United Nations has concluded.

Rather than having the 'volatile' dollar playing such a vital role in the global reserve currency exchange, a new system of special drawing rights (SDRs) from the International Monetary Fund should be introduced, the UN said.

The Chinese government has moved to set the currency exchange rate of the yuan at its highest level in five years.

Coming just days after officials stated that they would work to make the yuan more flexible, the country's government set the central parity rate at 6.789 against the US dollar.

Sterling's currency exchange rate has levelled off following its gains last week.

Chancellor George Osborne's emergency Budget announcement on June 22nd saw the pound's currency exchange rate increase as investors' confidence in the UK economy was restored due to Mr Osborne's tough stance on the recovery.

The currency exchange rate for the pound reached an 18-month high against the euro yesterday (June 24th).

According to analysts, the good rate of exchange was prompted by the chancellor George Osborne's emergency Budget.

Pressure on the currency exchange rate for the pound has been alleviated for now by the Budget announcement.

Chancellor George Osborne announced the emergency Budget yesterday (June 22nd).

A range of austerity measures were revealed, including cuts to child tax benefits and an increase in VAT to 20 per cent.

China looks set to introduce a more flexible system of exchange rate practices in the run-up to the G20 summit in Canada.

World leaders are set to meet in Toronto later this week.

Sterling's currency exchange rate was affected by the latest figures for inflation released yesterday (June 15th).

According to the information from the Office for National Statistics, the Consumer Price Index fell from 3.7 per cent in April to 3.4 per cent in May.

The currency exchange rate between the euro and the US dollar has returned to a more "normal rate", it has been suggested.

Christian Noyer, the governor of the Bank of France, told TV5Monde yesterday (June 13th) that the exchange rate had returned to a level that was more beneficial for Europe.

Britons are showing an increasing interest in breaks in Europe following a recent period of strength for the pound's currency exchange rate.

This morning (June 11th) at 08:15 BST sterling bought $1.473.

A currency analyst has suggested that the Bank of England's decision to maintain the interest rate has not affected currency exchange levels for the pound.

Tom Levinson from ING, told Reuters: "Sterling tends to do well when equities are rising and there's a bit of a softer tone in the dollar today. It's not been affected by the Bank of England."

Currency exchange rates for the euro have reached a four-year low against the dollar.

The euro fell broadly this morning (June 7th) and tumbled to the low of $1.193 against the US currency at 08:15 BST.

Sterling's currency exchange value has increased against the dollar.

The British pound rose on the back of positive data concerning the state of the UK's housing market yesterday (June 3rd).

Consumers are likely to find themselves with a better currency exchange rate if they prepare their transaction.

Michelle Slade, a spokesperson for Moneyfacts.co.uk, has warned travellers of the financial pitfalls involved in leaving currency exchange to the last minute.

Currency exchange markets have witnessed a drop in the value of sterling this morning (June 1st).

According to Reuters, the pound dipped due to a fall in UK equities prompted by the drop in BP share values after the failure to stem the oil leak in US waters.

Sterling's currency exchange rate dipped yesterday (may 20th) following concern over the euro's debt-ridden countries.

Green, Portugal, Spain and Ireland have all experienced significant difficulties with their levels of national debt.

Dealing in currency exchange is proving to be increasingly profitable due to market volatility, it has been suggested.

According to Barclay Stockbrokers, trading volumes in foreign exchange increased by 95 per cent between February and March on the BARXdirect platform.

Currency exchange rates for sterling could be given a boost as the government is set to announce billions of pounds worth of cutbacks.

The coalition government of the Conservatives and the Liberal Democrat party will outline £6 billion worth of cutbacks.

The currency exchange rate on the euro has reached a four-year low.

Further concerns surrounding the debts of certain European countries prompted the continued decline of the currency this morning (Monday May 17th).

UK currency exchange offices are no longer offering customers €500 notes due to fears of money laundering.

The Serious Organised Crime Agency (Soca) said that nine in ten notes in circulation in Britain are used for criminal purposes such as tax evasion and terrorism.

The value of the pound dropped this morning in response to new figures showing imports outstripped exports in March.

Data from the Office for National Statistics (ONS) showed that the UK's trade deficit was £3.7 billion in that month, a jump from £2.2 billion in February.

The euro has reached a year's low on the currency exchange markets today (May 5th).

Trades this morning saw the currency make $1.297 against the dollar at 08:30 BST.

Gregg Gibbs, foreign exchange strategist at the Royal Bank of Scotland in Sydney, told Reuters: "The euro is now on a clear downward trend and that's quite entrenched now.

The value of sterling rose on the currency exchange markets today (April 30th).

Following some progress on Greece's fiscal debt crisis, the UK currency increased against the dollar, as did the euro.

The currency exchange markets have been affected by developments in Greece's debt crisis.

Rating agency Standard & Poor's this week downgraded Greece's debt rating from to BB+ from BBB-, effectively declaring any bonds as 'junk'.

Foreign exchange trading may be implicated after ongoing uncertainty over the strength of the euro.

Gains following a one-year low proved to be short-lived today (April 27th), something that has been attributed to the economic crisis in Greece, Reuters reported.

Foreign exchange trading may be implicated after ongoing uncertainty over the strength of the euro.

Gains following a one-year low proved to be short-lived today (April 27th), something that has been attributed to the economic crisis in Greece, Reuters reported.

A hung parliament would be bad news for both sterling and the stability of the financial markets.

In his column for MarketWatch, David Marsh this is a position being taken by the Conservatives.

Mr Marsh attempted to counter this view by arguing that the pound will remain one of the world's stronger currencies over the next six months, unlike the euro which has started falling in value.

Foreign money exchanges will be cheaper today as the value of euro plummeted to a one-year low after Greece was downgraded by Moody's.

The credit agency changed its rating for the Mediterranean nation after it emerged that Greece's budget deficit stands at 13.6 per cent of GDP, higher than previously thought.

A growing number of people from abroad are showing an interest in the UK's property market, it has been claimed.

Currency exchange rates have been held responsible for the increase, which was reported by whitehot property.

A growing number of people from abroad are showing an interest in the UK's property market, it has been claimed.

Currency exchange rates have been held responsible for the increase, which was reported by whitehot property.

Recent statistics have revealed that Britons are cutting back on the amount of money they spend overseas.

Currency exchange rates could be responsible for the four per cent decline revealed by the Office for National statistics in Brits' spending abroad.

Expenditure reached £7.4 billion in the three months to February.

Currency exchange rates for the pound have remained low in the run up to the general election due to uncertainty over the UK's economy.

This has left Britons travelling abroad with fewer euros or dollars for their pound than they would have done when exchange rates were better.

However, the number of people who are visiting the UK from abroad is on the rise.

Figures showed that 7.5 million overseas visitors came to British shores during the three months to February - a two per cent increase on the previous three months' levels.

Currency exchange rates mean that people coming to the UK from eurozone countries will get a good deal on their foreign currency exchange.

Click here to see how much you can save with HiFX's Foreign Exchange services

Posted by Sarah Pitton

Using an independent foreign exchange broker to search out the best foreign exchange rates could save couples money when planning for a wedding abroad.

According to the Marriage and Wedding Survey, commissioned by MORE Magazine this month, the average wedding comes in at around £7,500.

Britons are spending an increasing amount of money overseas, according to a report by the Payments Council.

Better rates of currency exchange through an independent currency brokerage could reduce the £32 billion which Brits spent overseas last year.

Bank cards and ATMs were reportedly the most used methods of payment, with one-fifth of all money spent abroad being drawn from foreign cash machines.

However, with banks' foreign exchange charges coming in at an average of four per cent per transaction, this way of paying could soon add up.

Money-conscious Britons who are keen to head abroad may also be interested in a recent report from the Post Office which revealed that Prague is the best bargain city break.

The eastern European city offered an average weekend trip at almost two-thirds less than an equivalent break in New York, even when the poor sterling exchange rate was taken into account.

Click here to see how much you can save with HiFX's Foreign Exchange services

Posted by Sarah Pitton

A recent survey has revealed that more and more people are likely to have to work on international assignments.

The PricewaterhouseCoopers report found that the number of people working away from their native country has risen by 25 per cent in the past decade.

The currency exchange markets have seen the euro perform well this morning (April 12th) due to an agreement over Greece's sovereign debt.

A total of €30 billion has been arranged as a loan package to the struggling Mediterranean country.

Marks & Spencer has claimed that currency exchange rates have had a damaging effect on the company's international sales.

Although the firm performed well overall, the international department suffered, with sales declining by 5.9 per cent in the 12 weeks of trading to the end of March.

Low currency exchange rates between the pound and the major world currencies have lead to a number of financial difficulties for expatriates.

British people living abroad, who still rely on sterling for income, have been forced to tighten their purse strings due to the declining currency.

Sterling rose against the euro this morning (April 1st) after a new opinion poll suggested that the possibility of a hung parliament is decreasing.

It came as a new survey, conducted by Metro newspaper in association with Harris, showed that the Tories were ten per cent ahead of Labour.

The euro has steadied itself on the currency exchange markets, due in part to the bond deal made by Greece's government.

Against the dollar, the euro has slowed its decline and at 09:30 GMT on March 31st, the currency was trading at $1.34.

Sterling has risen against the US dollar and the euro on the currency exchange markets this morning (March 29th).

The currency was trading against the dollar at $1.49 at 09:30 GMT, thought to be buoyed by a slightly more definite opinion poll ahead of the general election.

Mark Bodega, director of HiFX, has suggested that tourists might want to avoid taking holidays in Europe due to the poor foreign exchange rate.

Mr Bodega said that "while a week pound might be good for the overall economy" it will only increase costs to tourists "hoping to catch some sun on the continent".

Sterling has recently made gains on the foreign exchange markets following the release of positive economic data.

Figures from the Office for National Statistics (ONS) revealed that unemployment in the UK fell by 0.1 per cent in the three months to January 2010.

Currency exchange rates have proved a problem for Portugal's industry.

Following the effects of the global recession, business in the European country is still struggling to get off the ground.

China's foreign currency exchange policy has come under scrutiny by the US.

US president Barack Obama has suggested that the Asian country should adopt a "market-orientated" exchange rate policy.

Foreign exchange rates between the US dollar and sterling, two of the biggest world currencies, have remained relatively stagnant this week.

Analysts have noted a small drop in the US dollar as employment data did little to beat expectations.

The Australian dollar is performing well in currency exchange markets, according to the Australian Associated Press (AAP).

Europe's poor economic performance played its part in offering good deals between the dollar and the euro and sterling.

A price comparison website has put together a short guide to raise awareness of how Britons can save money abroad.

Moneysupermarket.com said that the falling value of sterling will affect expatriates and holidaymakers heading overseas.

"The value of sterling has sunk this week, as investors get jittery about the possibility there will be no clear winner in the next general election," the website explained.

The euro has dropped to its lowest level against the dollar, thanks largely to ongoing uncertainty over the state of the Greek economy, the latest foreign currency exchange rates show.

Coming soon after the largest public sector workers' union in Greece hinted that it may be going ahead with plans for a nationwide strike, the latest data published by Reuters shows that the euro fell as low as $1.3435.

The International Monetary Fund (IMF) has stated its belief that the Chinese renminbi continues to be 'undervalued' on the global currency stage.

In a new report released by the international organisation at the latest meeting of G20 ministers in Seoul, it has been noted that the Chinese currency is particularly undervalued against the US dollar at the moment.

Sterling's worth on the foreign exchange markets could have provided a buffer for the UK's debts.

This is according to Robert Stheeman, the head of the UK's Debt Management Office.

Mr Stheeman said that countries such as Greece, Ital and Spain were facing particular difficulties in solving their budget deficits because they were part of the euro zone.

Sterling has shown a particularly weak performance on the foreign exchange markets recently.

The British currency reached a nine-month low against the dollar, falling to just $1.52 to the pound.

Currency exchange traders who are worried about the security of the sterling can be assured by the governor of the Bank of England's recent comments.

Governor Mervyn King has said that there is no danger of a downgrade on the UK currency's AAA status.

Morale in major European economies is running low and having a poor effect on the currency exchange value of the euro.

Several lots of data have come out of the euro zone this week, none of which bode well for the future of the single-currency zone.

Sterling has remained low in the currency exchange markets as concerns surrounding the strength of the UK economy worry traders.

The latest round of negative economic reports concerning the UK, have included the news from the Office for National Statistics detailing a fall in retail spending.

Britons are paying unnecessary amounts of foreign exchange fees by using their credit cards.

A new survey from European bank Santander has found that Britons are paying 2.75 per cent on every transaction by using their cards for overseas purchases.

Burlesque star Dita von Teese, has noted the benefits of a strong dollar when performing in the UK.

As the dollar creeps up towards £0.65, the celebrity performer told the Telegraph that she feels entitled to spend a little more while in the UK.

Burlesque star Dita von Teese, has noted the benefits of a strong dollar when performing in the UK.

As the dollar creeps up towards £0.65, the celebrity performer told the Telegraph that she feels entitled to spend a little more while in the UK.

Sterling has fallen to its lowest trading rate against the dollar since May 2009.

Analysts suspect that investors have been prompted to reduce their exposure to risky assets close to the euro zone following the continued worry over Greece's currency rating.

The strength of the pound against the euro will have a noticeable affect on international property, according to a new report.

A study from the National Association of Estate Agents International (NAEA) has predicted that the worldwide housing market will be "hugely dependent on the strength of sterling".

The forecast suggested that international purchases between the UK and Europe will remain fairly stable until the balance of supply and demand stabilises and the pound strengthens against the euro.

Linda Travella, spokeswoman for Italy at NAEA International said: "Even though the UK appears to have fallen behind other economies in the race out of recession and economic recovery, sterling has held pretty firm against the single European currency."

She added: "For the first quarter of 2010 the number of international buyers is expected to remain low and therefore offers are more likely to be accepted making it a very good time to purchase an overseas property."

At 14:00GMT today (February 1st) one pound sterling bought 1.145 euros.

Click here to make an International Money transfer (www.hifx.co.uk/online)

Posted by Eleanor Ward

Foreign currency exchange inequalities have been flagged up by the French president.

Speaking at the World Economic Forum in Davos, Nicolas Sarkozy blamed the world's "currency regime" for its role in the recent global economic crisis.

Foreign currency exchange rates mean that Britons who need to access their money abroad could be paying more than necessary, a new survey has suggested.

Research from international bank Santander demonstrates that Britons abroad tend to use cash rather than cheaper alternative methods.

Foreign currency exchange rates mean that Britons who need to access their money abroad could be paying more than necessary, a new survey has suggested.

Research from international bank Santander demonstrates that Britons abroad tend to use cash rather than cheaper alternative methods.

A Conservative win in the forthcoming general election could lead to "further gains" in sterling.

David Page, an economist at Investec Securities, has predicted that a "Tory majority at the next election…could push sterling towards the 84 pence mark [against the euro]".

Securities.

Sterling's recent period of buoyancy doesn't look set to last if comments from economist David Page are to be believed.

Mr Page said: "Sterling has got an uncertain future over the next few months because of the uncertainty of the election. We wouldn't be too surprised to see sterling at least at these levels, or possibly weaker still."

Securities.

Sterling's recent period of buoyancy doesn't look set to last if comments from economist David Page are to be believed.

Mr Page said: "Sterling has got an uncertain future over the next few months because of the uncertainty of the election. We wouldn't be too surprised to see sterling at least at these levels, or possibly weaker still."

The majority of people are planning to embark on a round-the-world trip at some point in their lives, which means they will have to be clued up on foreign currency exchange rates.

Some 61 per cent of respondents to an intotheblue.co.uk survey said they are intending to travel around the world, with destinations in Australia and South America proving the most popular.

The euro's presence in currency exchange markets is still suffering from Greece's weak fiscal policy.

Greece's troubled economy is continuing to pull down the single European currency, which dropped to a value of less than 87 pence for one euro at 10:00GMT today (January 18th).

The foreign exchange rate for sterling has risen against the dollar today after poor jobs data was released in the US last week.

Monday (January 11th) saw sterling rise steadily against the dollar, reaching a high of 1.615 dollars to the pound at around 10:00GMT.

A high foreign exchange rate is expected for the US dollar in the following year according to an economist's predictions.

Reports from Stuart Thomson, an economist at Ignis Asset Management, suggested that the first half of 2010 will see strong growth for America, pushing the dollar up against the Australian dollar, the euro and the yen.

Foreign exchange imbalances need to be addressed by international co-operation, according to French finance minister Christine Lagarde.

Ms Lagarde told a conference in Paris that the worldwide economic crisis was caused in part by a lack of international financial support, the Dow Jones Newswire reported.

Sterling exchange rates fell against both the dollar and the euro on Tuesday (January 5th).

As momentum builds for the UK general election, worries have increased among investors as to how the country will handle its fiscal deficit.

The possibility of a hung parliament is proving particularly troublesome as analysts believe such a result would prevent strong economic action.

A strong government is needed to add force to sterling's exchange rate and the UK's economy, according to a leading economist.

Increased government spending has in the past related to favourable exchange rates, explained industry expert Ben Broadbent in the Times.

The US dollar index fell 0.4 per cent to 77.581 today (December 31st).

Reports in the Financial Times (FT), attribute the "broad" decline to "extremely light" trade as Tokyo and many European countries take holiday ahead of the New Year celebrations.

Favourable exchange rates will help travellers make decisions about which countries to visit on holiday, it has been claimed.

Bob Atkinson of price comparison website travelsupermarket.com said that accommodation and other costs are related to exchange rates.

Sterling exchange rates looked strong against the dollar as the pound bought at $1.602 at 11:00 GMT.

After rates neared a two-month low earlier this week, traders saw sterling make a small rise against the dollar, although the currency did make further losses against the euro.

The low sterling exchange rate has been praised for contributing to the economic growth of Britain.

Low exchange rates have been held partly responsible for the higher than expected contraction in the UK economy following the release of the third quarter economic figures from the Office for National Statistics (ONS) yesterday.

The low sterling exchange rate has been praised for contributing to the economic growth of Britain.

Low exchange rates have been held partly responsible for the higher than expected contraction in the UK economy following the release of the third quarter economic figures from the Office for National Statistics (ONS) yesterday.

Morocco will consider adopting a more flexible currency exchange system, according the country's central bank governor.

Abdellatif Jouahri told a reporter from Reuters that the country will need to look at a different system as its trade with foreign markets increases.

Morocco will consider adopting a more flexible currency exchange system, according the country's central bank governor.

Abdellatif Jouahri told a reporter from Reuters that the country will need to look at a different system as its trade with foreign markets increases.

Sterling exchange rates are close to a two-month low in trading with the dollar after the Bank of England's minutes were published in a report today (23rd December).

The minutes are non-committal on activity growth, leading to suggestions from economists that the option remains to extend quantitative easing in early 2010.

Sterling has held a stable exchange rate trading at $1.615 at 8:00 this morning (December 21st).

The steady rate comes as a relief to compared to last week's two-month low of $1.6053.

However, economists expect to see changes in the figures later this week as the Bank of England's Monetary Policy Committee (MPC) meets on Wednesday to discuss the nation's finances.

Currency exchange rates have become the basis of industrial action for Eurostar train drivers over today (Friday 18th December) and tomorrow.

Problems arose when train drivers' union Aslef claimed that drivers from the UK were losing money when their work took them to Paris or Brussels.

The pound rose by 0.2 per cent against the dollar this morning to $1.6311, Reuters reported, following the release of report from Moody's credit ratings agency.

The relatively positive report on the UK's financial position appears to have calmed investor fears on sterling, contributing to the pound's rise.

The report calmed worries over Britain's financial climate, as it indicated that there was no immediate risk of the firm downgrading of Britain's sovereign debt from its present gold-plated AAA rating.

Geraldine Concagh, an economist at AIB Group Treasury, explained to Reuters news agency: "Sterling has been given a bit of a lift from Moody's saying there is no immediate threat to the UK rating, but it has stayed within ranges against the dollar and the euro."

Investors were concerned about the strength of the pound following chancellor Alistair Darling's pre-Budget report earlier this week.

This assurance from Moody's will go some way to stem worries that the chancellor's report did not lay out adequate plans to improve the ever-increasing deficit in the UK's finances.

Click here to make an International Money transfer (www.hifx.co.uk/online)

Posted by Marie Chaplin

The chancellor's announcement that UK GDP will fall by 4.75 per cent this year has had an impact on foreign exchanges.

Alistair Darling said in his Pre-Budget Report (PBR), delivered in parliament today, that the public deficit will increase by £178 billion this year, up from the initial estimate of £175 billion.

The chancellor's announcement that UK GDP will fall by 4.75 per cent this year has had an impact on foreign exchanges.

Alistair Darling said in his Pre-Budget Report (PBR), delivered in parliament today, that the public deficit will increase by £178 billion this year, up from the initial estimate of £175 billion.

The chancellor's announcement that UK GDP will fall by 4.75 per cent this year has had an impact on foreign exchanges.

Alistair Darling said in his Pre-Budget Report (PBR), delivered in parliament today, that the public deficit will increase by £178 billion this year, up from the initial estimate of £175 billion.

The US dollar has continued its rise against the pound today (December 7th), following last week's positive jobs data.

On Friday, official figures showed that the unemployment rate in the world's largest economy has dropped from 10.2 to ten per cent.

The pound has held on to the sharp gains made against other currencies yesterday (December 1st), in good news for Britons hoping to make international money transfers.

Sterling had risen by a further 0.5 per cent against the dollar to $1.668 by mid-afternoon, building on yesterday's high of $1.665.

The recent weakening of the US dollar has continued, in a trend which could benefit UK residents making international money transfers.

Yesterday (November 25th), the greenback slid to a year-long low against the euro and dropped by 0.7 per cent against the pound.

The pound has risen against the dollar, following the upwards revision of third quarter GDP figures.

Sterling was 0.7 per cent up against the greenback at $1.6705 by mid-afternoon, as investors responded to news that the economy had contracted by 0.3 per cent, rather than the initial estimate of 0.4 per cent.

Foreign investors are making the island of Maio in Cape Verde a popular location for property, an agent has claimed.

Noscasa said that foreign funds, some of which could have been made through international money transfers, were "flooding in" to the region.

The pound strengthened on foreign currency exchanges today, with the dollar opening notably lower.

Sterling was 0.7 per cent up against the dollar at $1.66.2 by mid-afternoon, following comments from James Bullard, a future member of the Federal Reserve.

Minutes of the November Monetary Policy Committee (MPC) meeting at the Bank of England have been released, showing that opinion among policymakers remains split over quantitative easing.

The pound weakened against the euro on the release of the news today (November 18th), falling from €1.126 to just over €1.122.

Tenerife is a popular winter location for Brits, with many likely to need the services of foreign exchange companies to stay in the location.

A study by the Canary Islands Tourist Board recently revealed the destination attracts more UK citizens than Lanzarote and Gran Canaria.

The majority of former UK citizens intend to remain overseas in their chosen countries, despite the financial impact of the recession and foreign exchange trading rates.

A survey by HSBC shows 19 per cent of expats reported a rise in living costs, but 85 per cent of expats intend to weather the effects of the economic slowdown abroad.

Favourable foreign exchange rates mean that India is an affordable destination for many visitors, industry experts suggest.

Travel guide the Lonely Planet recently stated the country's currency has strengthened due to its economic boom, but visitors may still find it is a cheap destination.

La Tania has seen a steady flow of Brits visiting the region, according to industry experts.

The Office de Tourisme de La Tania recently made the claim following the release of figures from the Ski Club of Great Britain that reveal France is consistently popular with UK skiers.

Las Vegas has been highlighted as a great destination for those who want to make the most of foreign exchange trading figures.

The Las Vegas Convention and Visitors Authority (LVCVA) recently made the claim after a survey by Smith Travel Research showed the city has an occupancy rate of 82.7 per cent.

An increasing number of Brits will exchange money in order to travel to Turkey, according to a leading organisation.

The Turkish Culture and Tourism Office recently stated Istanbul's Capital of Culture designation is likely to attract more overseas visitors to the city.

Thailand's favourable foreign exchange trading rates are likely to draw budgeting Brits to the country, industry experts suggest.

Online travel company Expedia recently indicated that Asia is an ideal location for those seeking affordable living costs.

Western Australia may prove a lucrative destination for Brits who wish to move abroad, it has emerged.

Peter Kenyon, professor of economic policy at Curtin University, Perth, recently suggested the region is beginning to recover from the economic crisis.

Brits keen on making the most of foreign exchange trading figures may like to visit Egypt.

The Egyptian State Tourist Office recently stated that the country is a popular destination for families who are looking to travel beyond the eurozone.

Foreign exchange trading figures ought to be considered well before Brits jet off to overseas locations, industry experts suggest.

STA Travel recently highlighted the need to investigate the living costs of destinations when budgeting for international trips.

Foreign exchange trading figures ought to be considered well before Brits jet off to overseas locations, industry experts suggest.

STA Travel recently highlighted the need to investigate the living costs of destinations when budgeting for international trips.

Foreign exchange trading figures are behind a recent increase in the number of Brits who are considering buying assets in the US, according to industry experts.

A poll by property portal Primelocation.co.uk recently revealed that searches for real estate in the country have increased by 262.8 per cent in the last year.

Mexico is likely to prove an affordable destination for expats, according to foreign exchange trading figures.

Figures released from International Currency Exchange recently revealed that sterling has grown in strength against the peso, with £1 worth 21.76 pesos.

Mexico is likely to prove an affordable destination for expats, according to foreign exchange trading figures.

Figures released from International Currency Exchange recently revealed that sterling has grown in strength against the peso, with £1 worth 21.76 pesos.

Greece's affordable living costs make the country a cheap destination for Brits despite foreign exchange rates, according to a government body.

The Greek National Tourism Organisation (GNTO) recently claimed that UK visitors are unlikely to be put off staying in the country due to the strong euro.

Expats keen to make the most of foreign exchange trading figures may like to transfer money via specialist companies, according to industry experts.

Financial advisor Shelter Offshore recently highlighted the advantages of buying currency from foreign exchange brokers.

Potential expats may soon be converting currency in order to live in France, new research suggests.

Real estate firm Property Frontiers recently claimed that the country has much to offer Brits who wish to move abroad.

Entrepreneurs looking to benefit from foreign exchange trading figures and lower taxes may like to move to Switzerland, industry experts suggest.

Consumer advisor BuyAssociation.co.uk recently drew attention to the country as a lucrative destination for Brits keen to make their wages stretch further amid the recession.

Expats have been urged to consult foreign exchange trading experts if they are transferring money abroad.

Financial advisor Shelter Offshore recently issued the warning to Brits who plan to convert sterling to increasingly stronger currencies, such as the euro.

Online searches for flights to mid-haul destinations are increasing due partly to foreign exchange trading figures, industry experts suggest.

Recent research by comparison portal Cheapflights.co.uk shows that Brits are increasingly likely to consider visiting destinations such as Egypt and Morocco.

Brits keen to live abroad are ignoring currency rates offered by exotic locations in favour of more traditional expat locations, a leading property publication indicates.

A Place in the Sun Magazine recently claimed that potential expats are being drawn to short-haul destinations that can be easily reached from the UK.

Brits keen to live abroad are ignoring currency rates offered by exotic locations in favour of more traditional expat locations, a leading property publication indicates.

A Place in the Sun Magazine recently claimed that potential expats are being drawn to short-haul destinations that can be easily reached from the UK.

Fixed currency exchange rates have helped stabilise Cape Verde's economy, according to industry experts.

Following a recent review of the country's fiscal policies, the International Monetary Fund (IMF) released a statement detailing why the island nation is beginning to recover from the recession.

Favourable currency rates in long-haul destinations are likely to attract more UK visitors, according to industry experts.

Travel company Expedia.co.uk recently made the claim following the release of figures by the Post Office.

A survey by the Royal Mail Group showed that Thailand is one of the cheapest locations for Brits, while Australia was the most expensive country included in the poll.

Favourable currency rates in long-haul destinations are likely to attract more UK visitors, according to industry experts.

Travel company Expedia.co.uk recently made the claim following the release of figures by the Post Office.

A survey by the Royal Mail Group showed that Thailand is one of the cheapest locations for Brits, while Australia was the most expensive country included in the poll.

Potential expats looking to capitalise on foreign exchange trading figures by living overseas have been urged to fully prepare themselves for their move abroad.

Writing in the Independent, finance expert Laura Latham recently drew attention to the number of Brits who are considering starting new lives in international locations.

British investors may like to take advantage of foreign exchange trading conditions by purchasing assets in countries outside of the eurozone.

Victoria Elliston from London recently told the Telegraph how a traditional property in Marrakech is providing an income for her family.

Investors may benefit more from foreign exchange trading figures if they use online companies to convert their cash, according to industry experts.

Writing in the Telegraph, finance commentator Nick Collins recently highlighted the advantages of making money transfers over the internet rather than in high street banks.

Brits have been advised to research the value of foreign currency well ahead of going abroad.

Money exchange expert Stephen Heath recently voiced his concerns that some UK travellers are confused in regard to the value of the pound in exotic destinations.

The value of the dollar dropped in foreign exchange trading today, reaching year lows against the euro.

As investors opt to move away from the safety of the greenback to higher yielding assets, the value of the dollar suffers.

A drop in the value of sterling against a range of key currencies over the course of last month gives a clear indication that the country's economy is not yet in the clear.

New figures from international money transfer specialists HiFX indicates that while rallies in the value of sterling were supported throughout June and July, the currency has not performed so well since.

Overseas visitors could soon be exchanging money in greater numbers in Florida, according to a travel expert.

The Orlando Tourism Bureau recently stepped forward to highlight the state as an attractive destination for Britons, who may need to buy foreign currency to visit the region.

Many older Brits may be seeking foreign exchanges services in order to go abroad, according to industry experts.

A study by the Halifax recently revealed that nearly half of all 55 to 64-year olds in the UK state they would like to live overseas at some point.

A favourable exchange rate and recovering US economy may benefit expats, according to industry experts.

Property portal HomesOverseas.co.uk made the claims following the release of figures from the National Association of Realtors.

Research shows that the number of people attempting to purchase new homes recently in the US increased to its highest level in two years.

Brits who are considering buying property abroad have been advised to consult with foreign exchange specialists before they make any purchases.

The Association of International Property Professionals (AIPP) recently stepped forward to highlight the risks associated with acquiring overseas assets.

Brazil is emerging as an increasingly popular destination for Britons, new figures indicate.

Research by the Brazilian Tourist Board recently revealed that the number of visitors to the area has risen by 2.3 per cent compared with last year.

The accessibility of France makes it an affordable destination for Britons who may be intending to make foreign exchange transactions, according to industry experts.

Tourism specialist Atout France recently stated that the country can be reached easily from the UK, which appeals to visitors on tight budgets.

Britons planning to use foreign exchange services to purchase overseas investments may like to look to Brazil.

Investment specialist Martin Spring recently told publication On Target that the country's emerging market may prove lucrative for investors.

Fluctuating foreign exchange rates may be confusing Brits purchasing goods abroad.

Consumer magazine Which? recently raised its concerns that UK travellers may be unaware of the impact that the global economy could have on sterling.

Dan Moore, senior researcher at the publication, explained that currency rates have been affected by countries that are emerging from the recession.

Foreign exchange transactions made by Brits may increase in mid-haul destinations, industry experts suggest.

Booking agent the Co-operative Travel recently stated that UK travellers are choosing to visit countries located outside the eurozone in a bid to save money.

Foreign exchange transactions made by Brits may increase in mid-haul destinations, industry experts suggest.

Booking agent the Co-operative Travel recently stated that UK travellers are choosing to visit countries located outside the eurozone in a bid to save money.

Britons who have lost their jobs due to the recession have been encouraged to consider working abroad.

Travel portal gapyear.com recently highlighted the positive impact living overseas may have on CVs.

Tom Griffiths, founder of the site, stated his belief that Brits who are facing redundancy can improve their job prospects by seeking international work, which may interest those who are keen to exchange money to fund trips abroad.

The role of British embassies has been clarified by the Foreign Office following a recent study.

Brits who may use foreign exchange services to finance their visits to international destinations are being encouraged to approach consulates only when necessary.