Archive for January, 2010

Buying Dollars

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Good news for anyone who may be looking at buying Canadian dollars or US dollars this morning as we have seen the Pound strengthen, all be it by a small amount, but still a positive movement. This seems to be on the bank of NIESR GDP estimates for December that were released yesterday, showing potentially the UK out of recession.

Sterling exchange rates fall

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The cost of sending money overseas increased during the first day of 2010’s trading, and this trend has continued into this morning so far. So far today, we have seen GBPUSD exchange rates fall 0.3% and GBPCAD exchange rates fall 0.5% making buying Dollars slightly more expensive.

If you have a requirement to send money overseas, or specifically buy Dollars then feel free to submit an enquiry and one of our award winning currency brokers will be in touch to explain all of the options available to you.