Pure FX Blog

Best US Dollar to Pound Exchange Rate in 7 Weeks, Could Rise Further

by Peter Lavelle The buck soars! It’s the best time to exchange US dollars for pounds in 7 weeks today, or since April 4th, as the exchange rate hits a record 0.663. By contrast, the greenback was at just 0.6408 … Read more

Euro Hits 1-Month High Against Sterling, as UK Inflation Falls to 2.4%

by Peter Lavelle The common currency leaps! The euro has hit a 1-month high against sterling today, the best exchange rate since April 25th, at 0.853. Why? Because UK inflation fell to 2.4% in April, which opens the door for … Read more

The US Dollar Could Fall Tomorrow, If Bernanke Signals More Stimulus

by Peter Lavelle The US dollar could fall tomorrow, if chairman of the Federal Reserve Ben Bernanke signals he will continue to add monetary stimulus. Mr. Bernanke is due to appear before Congress, where he could say the US economy … Read more

Best Time to Exchange US Dollars for Euros Since April 4th, or 6 Weeks

by Peter Lavelle It’s the best time to exchange US dollars for euros since April 4th today, or more than 6 weeks, as the exchange rate hits a record 0.7813. To put this into context, the US dollar was as … Read more

The Pound Could Bounce Back Against The US Dollar in The 2nd Half of May

by Peter Lavelle Sterling could rebound! The pound has shed 4 cents against the US dollar since the start of May, falling as low as 1.5174. However, the odds are rising that sterling will soon rebound against the greenback. Here … Read more

Sterling Has Gained Against The Euro This Week, And Could Keep Gaining

by Peter Lavelle The pound jumps! Sterling has gained against the euro all this week, rising from 1.1775 on Monday to 1.1875 today, a full cent. Furthermore, the pound could continue to rise. Here’s 2 reasons why: 1. The Eurozone … Read more

Pound Hits Fresh 2013 High Against Aussie Dollar, as Australia Slows

by Peter Lavelle The Aussie plummets! Sterling has hit a fresh 2013 high against the Australian dollar today, its highest exchange rate since January 2nd, at 1.5655. Why? Because of growing signs that Australia’s economy is now slowing down. To … Read more

Best Time to Transfer Money from The UK to Australia Since January 2nd

by Peter Lavelle Sterling continues to rise! It’s the best time to transfer money from the UK to Australia since January 2nd today, as the exchange rate hits a record 1.5504. To put this into context, the pound was as … Read more

US Dollar Hits Fresh 6-Week High Against Euro, as Eurozone Contracts

by Peter Lavelle The buck touches a fresh high! The US dollar has hit a fresh 6-week high against the euro today, its highest exchange rate since April 4th, at 0.7785. By contrast, the greenback was at just 0.7551 against … Read more

US Dollar Hits 6-Week High Against Sterling, Looks Set to Climb Higher

by Peter Lavelle The greenback jumps! The US dollar has hit its highest point against the pound in 6 weeks today, or since April 4th, at 0.6588. By contrast, the buck was at just 0.6408 against sterling on May 1st. … Read more