The values of foreign currency can change considerably over a short period of time and although we cannot give you specific advice as to when to buy or sell currency we can arm you with information so you are able to make more informed decisions.Our currency dealers write a monthly market commentary. This offers a summary of the latest currency headlines and why foreign exchange rates have moved, as well as information on forthcoming data releases which could influence the currency market.
Latest news headlines
29 July 2010
"Sluggish growth" expected from US economy
by Chris Alexander, head of investment strategy, BNP Paribas Wealth Management The Fed Beige Book provided a more mixed assessment of the US economy in the regions - perhaps best described as more 'sluggish growth'. The comment is in line with our view... Read more29 July 2010
House Prices Decrease as Concerns about Recession Increase
Economists have forecast that prices may fall a further 20 per cent should confidence in the market not pick up. Average values fell 0.5 per cent in July, lowering the annual rate of decline to 6.6 per cent from 8.7 per cent the previous month, so the... Read more29 July 2010
INFLATION COULD HELP UK RECOVERY SAYS ANALYST
The UK’s relatively high levels of inflation could help economic recovery, according to James Penn, an analyst at Thomas Miller Investment. Writing in the latest edition of Thomas Miller Investment’s quarterly Investment Newsletter, James Penn,... Read more29 July 2010
House Prices Fall As Fears Of Recession Grow >
The average price of a UK property fell by 0.5% to £169,347 between the months of June and July, according to the Nationwide Building Society. Householder numbers dropped due to concerns about chancellor George Osborne's spending cuts. Nationwide said... Read more29 July 2010
King predicts interest rates must stay low
Interest rates will have to be kept at record low levels while Britain's economic recovery still hangs in the balance, Bank of England governor Mervyn King warned. Warning: Mervyn King says rates will stay low for another four years WANT TO KNOW MORE?... Read more29 July 2010
Recovery not inflation is priority - King
Filed under: Company , Debt , Economy , Budget 2010 , Banking , Creative industries Bank of England governor Mervyn King says he's more concerned about the strength of the recovery than keeping inflation low. There's also been another nod to keeping... Read more29 July 2010
Bank of England's Mervyn King warns Britons to brace themselves for inflation next year
Comments Mervyn King conceded to a panel of MPs that the Bank was unlikely to meet its 2pc inflation target for the foreseeable future and there was no guarantee that economic recovery could be sustained. UK prices have consistently remained above the... Read more29 July 2010
UK's Osborne says no deal with King on rates
George Osborne, arrives to speak at a news conference at the Treasury, in London July 20, 2010. Credit: Reuters/Anthony Devlin/Pool/Files Thu Jul 29, 2010 11:03am IST (Adds quotes, background) "There is no tacit agreement at all. He is absolutely... Read more29 July 2010
Osborne says no deal with King on rates
Chancellor of the Exchequer George Osborne poses with a bronze replica of a bull during his visit to the Bombay Stock Exchange (BSE) building in Mumbai July 28, 2010. "There is no tacit agreement at all. He is absolutely independent, as is his (Monetary... Read more29 July 2010
Osborne says no deal with Bank's King on low rates
NEW DELHI (Reuters) - Chancellor George Osborne on Thursday said there was no tacit agreement with the Bank of England's governor Mervyn King on keeping interest rates low.... Read moreOur market commentary
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