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US new home sales figures were released yesterday, showing a 7.6% drop. This raised further doubts over the recovery of the US housing market and in turn GBP USD exchange rates have increased. This movement has continued into this morning’s trading, with the price of buying Dollars going down by 0.55%.

If you have a requirement to send money to America or just to buy Dollars, then feel free to submit an enquiry today and one of our award winning currency brokers will be in touch shortly to explain the most cost effective way.