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Do you have a requirement to send money to America? Or to buy American Dollars? If you do then the movements witnessed on the markets this morning has been a positive one, with GBPUSD exchange rates increasing 0.5% so far today.

This, I believe, was due to UK house price data released overnight showing the average price of a house in the UK had risen 0.4% against a predicted contraction of 2.2% expected. As the news came out much better than expected, we have seen Sterling exchange rates improve. If you need to buy US Dollars or Canadian Dollars then why not submit an enquiry here and one of our experienced currency brokers will be in touch shortly to explain the options available to you to obtain the best exchange rate.