For all press enquiries please contact:
Adam Powell
Bell Pottinger
0207 861 2514
+44 (0)7753 832 916
APowell@Bell-Pottinger.co.uk
Stuart Disbrey
Bell Pottinger
020 7861 2495
+44 (0)7789 500465
SDisbrey@Bell-Pottinger.co.uk
v\:* {behavior:u ... more
more
more
FX-MM: “Bickering at the FOMC” The highlight overnight was the release of the minutes from the August 10th Federal Reserve Open Market Committee meeting. ... more
REUTERS : “Liquidity moves to the skies” Global markets are in the doldrums and with decreased trading volumes and a lack of positive data ... more
more
REUTERS : “Nerves continue to haunt the market” Gilts opened lower and Sterling remained on the back foot on Thursday morning ahead of UK ... more
INTERACTIVE INVESTOR : “Economic data provides boost to sterling”
more
more
REUTERS : “China becomes No.2” Friday was a busy day on the economic data front. First up, we saw figures released showing that the ... more
more
CNBC.com | August 10, 2010 Following some downbeat comments from the San Francisco Federal Reserve, there are expectations that the Federal Open Market Committee could ... more
The pound is heading for a fourth weekly gain against the Dollar and Euro after BoE left rates unchanged at 0.5% and kept the asset ... more
Will I save using a prepaid currency card? Ask an Expert I travel to France to visit my parents several times a year. Would I ... more
The dollar sank to a 2010 low against the yen on Friday but firmed against the euro amid concern over the prospects for the world's ... more
You could be £104 worse off buying euros last minute rather than shopping around and ordering in advance before travelling abroad, according to research by ... more
Banks gain on the Stockholm stocks exchange after Friday's verdict – but the exams might not be tough enough to restore confidence. Europe's main stock ... more
Seven of the 91 European banks that underwent stress tests have failed the healthchecks, the Committee of European Banking Supervisors (CEBS) has said. They include ... more
more
Story by: Donia O'Loughlin Stress tests are unlikely to solve confidence problems plaguing the European banking sector, according to Mark O’Sullivan, director of dealing at ... more
Sterling found itself skating on thin ice on Tuesday following an unexpected rise in UK public borrowing in June. Public sector net debt stood at ... more
World stock markets fell Friday after another drop in U.S. inflation and a big slide in consumer sentiment reinforced fears that the U.S. economic recovery ... more
The recent Euro surge finally ran into resistance on Friday, EURUSD briefly traded above 1.30 before falling back and now sits in the mid 1.29. ... more
The euro has gained 10 cents against the Amercian dollar (USD) to 1.30 today (16 July) after hitting a four-year low in June. Mark O'Sullivan, ... more
The euro gave back some its gains against the dollar Friday as fears for the health of the US recovery led investors to seek out ... more
The euro has today gained over 10 cents against the USD, taking it to 1.2986. The rise follows the euro hitting a 4 year low ... more
Sterling soared to a 10-week high against the dollar on Thursday after stronger than expected results from US investment bank JPMorgan Chase. A vote ... more
The dollar dropped against the euro and yen on Thursday, hit by weak US economic data and a worsening outlook for the world's biggest economy, ... more
The recent Sterling and Euro rallies finally ran out of steam at the weekend. The Euro hit a two month high against the Dollar before ... more
Today sees announcements from the Eurozone and UK on the future path of monetary policy. Whilst it is expected that there will be no change ... more
STOCK markets steadied yesterday, following the previous day’s heavy falls, on hopes that the eurozone banking sector may not be as fragile as previously thought. ... more
The end of the funding programme will pose problems for the single currency. IT IS crunch time for the European Central Bank (ECB) and the ... more
Towards the end of last week concerns over debt crept back into the market psyche. It marked a disappointing end to the week which started ... more
George Osborne will today unveil the Conservatives plans for cutting the UK’s deficit with a "tough, but fair" emergency budget. The announcement will set the ... more
By Rory Gallivan The City has reacted positively to Chancellor George Osborne’s first budget, which included a series of tax rises but emphasised cutting spending ... more
Another very quiet session to round off the week in Asia. We saw a bit of risk-averse trading early in the session, which has been ... more
Last night, in the Chancellors annual speech at the Mansion house, George Osborne outlined his widely expected plans to abolish the FSA. Mr Osborne believes ... more
By Neil Dennis Sterling climbed on Monday after comments from a Bank of England official over the weekend highlighted concerns that inflation could stay higher ... more
This morning the Office of Budget Responsibility delivers its first independent assessment of the outlook for the British economy and the budget deficit. This has ... more
The Bank of England and the European Central Bank are announcing interest rates today with both decisions expected to be no change. BoE Governor Mervyn ... more
Currency stung by market jitters amid debt contagion concerns By Symon Ross Fears of a double dip recession have pushed the euro to a new ... more
Currency stung by market jitters amid debt contagion concerns FEARS of a double dip recession have pushed the euro to a new four-year low against ... more
OIL prices slumped to nearly $70 a barrel as Friday's downbeat jobs data from the United States raised fresh doubts about the sustainability of the ... more
"The Euro will be dead in five years"- the startling view from an interview with 25 leading city economists in Sunday newspaper this weekend. The ... more
US non-farm payrolls are one of the most important data releases in the currency markets, since jobs (preferably good ones at that!) are the lifeblood ... more
The euro has slumped to another four-year low against the US dollar after more negative economic news from the eurozone. The single currency has slumped ... more
LONDON'S top flight fought back from hefty falls yesterday, but oil giant BP remained deep in the red after it again failed to block the ... more
Sterling hit a one-and-a-half-year high against the struggling euro as fears over bad debts held in eurozone banks dealt the single currency a further blow. ... more
Currency experts today warned that a fresh wave of selling could be on the cards if the euro falls under the psychological level of $1.20. ... more
The euro has slumped to another four-year low against the US dollar after more negative economic news from the eurozone. The single currency has slumped ... more
After the markets closed on Friday, Spain ’s debt ra ... more
Report by Tim Lewis at Currencies Direct: PIGS Going To The Chop This morning brought a surge of Euro strength to the markets as traders ... more
Spain’s parliament is to vote on government’s plans to cut €15 bln off the budget deficit today. Expectations are that the government will see it’s ... more
La intervención de Cajasur ha vuelto a poner el sistema financiero español en el punto de mira de los analistas internacionales. Y su opinión no ... more
Angela Merkel’s announcement of a ban on short selling any sovereign bonds, credit default swaps and shares in Germany’s top ten financial institution was supposed ... more
Expats who paid too much tax on their Spanish property sale may be entitled to a rebate, according to foreign exchange firm Currencies Direct . ... more
In the face of today's drop in the value of the euro against the dollar to a four month low of € 1.2233, a City ... more
NEW YORK: The dollar was down against the euro on Friday after inflicting heavy losses on the single European currency that echoed across markets throughout ... more
David Cameron finally entered Downing Street on Tuesday night after days of behind the scenes deal making. Mr Clegg has secured the deputy prime minister ... more
AS THE polls suggested, there was no clear victor from Thursday's general election, and the parties will have to do deals if Britain is to ... more
HONG KONG -- Fears of a contagion caused by Greece's debt crisis sent Asian stock markets into a tailspin Wednesday while the euro sank to ... more
Nearly half of all British expatriates in Spain have said they will be voting for the Conservatives in today’s general election, according to a poll ... more
HONG KONG- Fears of a contagion caused by Greece's debt crisis sent Asian stock markets into a tailspin Wednesday while the euro sank to a ... more
European equities dived and the euro hit a new one-year dollar low on Tuesday, failing to win support after eurozone finance ministers agreed a €110-billion-Greek ... more
HONG KONG: Fears of a contagion caused by Greece's debt crisis sent Asian stock markets into a tailspin Wednesday while the euro sank to a ... more
Economic trauma across the euro zone could stall Britain's recovering real estate sector if that currency continues to lose ground against the pound, damaging the ... more
NEW YORK (AFP) - Stock markets worldwide suffered heavy losses Tuesday amid fresh fears that a massive Greek bailout will not be enough to stop ... more
MADRID: The Spanish government yesterday insisted that Standard & Poor’s (S&P) had underestimated Spain’s growth prospects a day after the ratings agency downgraded the country’s ... more
THE full extent of the Greece debt crisis is yet to unfold with the risk of contagion to other weak euro economies, a City expert ... more
Economic trauma across the euro zone could stall Britain's recovering real estate sector if that currency continues to lose ground against sterling, damaging the purchasing ... more
The full extent of the Greece debt crisis is yet to unfold with the risk of contagion to other weak euro economies, a City expert ... more
MADRID (AFP) - The Spanish government appealed for calm from investors on Wednesday following a downgrade in its credit rating, a day after similar downgrades ... more
There were no surprises yesterday as Bank of England minutes indicated the Monetary Policy Committee voted unanimously to keep interest rates at 0.50% and to ... more
As sterling moves higher on the latest Consumer Price Index data - a welcome change from the falls seen recently on the back of renewed ... more
As sterling moves higher on better than expected Consumer Price Index data - a welcome change from the falls seen recently on the back of ... more
Economic fundamentals driving Pound exchange rates. The Pound Euro exchange rate is 0.231% higher with 1 GBP = 1.1393 EUR at 3pm. The Pound Dollar ... more
Tonight's historic televised leaders' debate could provide a boost to sterling according to a City expert. Mark O'Sullivan, director of dealing at leading foreign exchange ... more
Taking your euros abroad has been made easier and more secure with the release of the new prepaid Euro MasterCard from Currencies Direct. The new ... more
A city expert has warned that the euro is “not out of the woods” after European leaders and the International Monetary Fund promised to contribute ... more
Sterling had a topsy-turvy day on the foreign exchange markets, rising on the dollar but falling from a seven-week peak against a stronger euro after ... more
A city expert has warned that the euro is "not out of the woods" after European leaders and the International Monetary Fund promised to contribute ... more
The 30 billion euro (£26.4 billion) bail-out on the table for the struggling Greek economy boosted the single currency against the pound and the dollar. ... more
A RESURGENT pound hit a five-week high against the euro yesterday to give British holidaymakers heading abroad for Easter a welcome spending boost. Thousands of ... more
A very good morning for Sterling this morning as the pound hits a one month high against the euro to 1.1268 and it is also ... more
Last week, a deal was reached to help Greece manage its debt crisis, following the two-day EU summit, which was held in Brussels. The news ... more
BRITISH holidaymakers were dealt a blow yesterday as the pound tumbled to an 11-month low against the dollar. With sterling also falling against the euro, ... more
A LACKLUSTRE end to the week left the FTSE 100 teetering on the cusp of 5,700 last night despite European leaders agreeing an aid package ... more
The US dollar lost some of its recent gains against the euro on Friday, as traders coyly welcomed an EU deal to provide Greece with ... more
Greece and the EU which led to USD buying. This morning the pound has staged a recovery following much better than expected retail sales data ... more
The agreement of a Franco-German proposal involving the IMF to assist Greece has lifted the euro, which has risen from an overnight low of 1.3270 ... more
LONDON: The Budget had no noticeable impact on sterling, but its impact on Labour's chances in the election is being closely watched by the financial ... more
A weak pound does not necessarily lead to export-led growth As sterling wobbled in recent weeks, some commentators declared it to be good for export-led ... more
Market Commentary 17th March 2010 ... And it came in the form of the unemployment numbers…the number of Britons claiming unemployment benefits in the UK fell ... more
17:01 - London markets closed a poor day's trading in the red as mining stocks weighed amid fears that efforts to tighten monetary policy in ... more
HOLIDAYMAKERS were dealt a crippling blow yesterday after the pound tumbled sharply amid warnings it could get worse over the next few months. Families planning ... more
The euro lost ground against the dollar Tuesday on revived concern for the financial fate of Greece and other eurozone members and resistance to a ... more
Holidaymakers, as well as regular shoppers, were caught in surprise as the British pound fell into its 10 month low. Experts also warned that the ... more
Whatever the path for UK monetary policy, sterling is expected to decline against the dollar EVER since Dubai plunged into crisis last November, the question ... more
Fears that Britain is heading for a hung Parliament have seen the pound crash to a ten-month low against the dollar. Sterling remained below 1.50 ... more
Sterling is in a bad way right now. While it's not quite in intensive care yet, it is need of a heavy dose of morphine ... more
Britain’s economic problems deepened last night as fears of a hung parliament sent the pound plunging against the dollar and the euro. A new poll ... more
The pound showed little sign of a revival today after fears over political uncertainty hammered the currency yesterday. Sterling remained below 1.50 against the dollar ... more
The pound slumped to a 10-month low against the dollar amid worries that plans to slash the UK’s soaring deficit could be delayed by political ... more
The pound plummeted to a 10-month low today over fears of a possible hung parliament in the forthcoming election. Sterling lost 1.6% and dipped below ... more
Hedge funds and other speculators are attacking the pound on the foreign exchange markets as concern grows in the City that the results of the ... more
The UK economy has officially emerged from deep recession, but can we really expect smooth sailing from now on? Mervyn King has indicated that he ... more
Labour is set to stay in power after the next general election, as a new poll cut the Conservative lead to five points. Gordon Brown’s ... more
Sterling was down more than a cent against the dollar at $1.4867 in early trading on Tuesday after tumbling by almost 3 cents on Monday. ... more
It was political rather than purely economic concerns that pushed sterling to a 10-month low against the US dollar yesterday. Polls over the weekend strongly ... more
Sterling fell by almost 3 cents, ending the day below $1.50 for the first time in nearly a year amid fears that Britain will be ... more
The pound hit a nine-month low against the dollar as fears over a hung parliament sparked a sterling sell-off. The currency fell sharply to as ... more
The pound has fallen sharply against the dollar over fears of a possible hung parliament after the General Election and Prudential's £23bn takeover in Asia. ... more
Sterling hit a new nine-month low against the dollar today as fears mount that the next parliament could have no single party in control. The ... more
Sterling hit a new nine-month low against the dollar today as fears mount that the next parliament could have no single party in control. The ... more
The pound has fallen sharply against the dollar amid fears of a possible hung parliament after the general election and Prudential's £23bn takeover in Asia. ... more
Londres, 1 mar (EFECOM).- La libra esterlina se desploma hoy en los mercados por la incertidumbre creada por encuestas recientes sobre intención de voto, que ... more
FACED with the lowest interest rates in the G10, even the Japanese are abandoning the yen. In search of higher yields and better growth prospects, ... more
Bargain hunters are returning to the Spanish market as news emerges that thousands of illegally built homes will not be razed News that thousands of ... more
Both Labour and the Conservatives need to spell out more clearly their plans for economic recovery, says Phil McHugh in an opinion piece for The ... more
As concern grows for the UK’s fiscal position, sterling is starting to look like a wounded animal. The severity of the situation was underlined by ... more
Exiting recession Britain has barely limped out of recession, failing to hit its 0.4% growth target but exiting technical recession by growing 0.1% between October ... more
A City expert has warned of the potential impact on the UK's sovereign credit rating of woeful public finance data released today, showing UK Public ... more
UK Jobless claims were up 23,500 against the expectation of a fall of 10,000 so not good feedback for the employment sector. This data for ... more
The euro slid close to a nine-month low against the dollar yesterday as investors became increasingly nervous over reports that Greece used derivatives to disguise ... more
The euro fell against the dollar on Monday as ministers met in Brussels for keenly-awaited talks on what to do about Greece's debt troubles and ... more
IT is a love affair that has seen one of the biggest exoduses in European history. Attracted by the climate, the lifestyle and the prospect ... more
LONDON — The euro fell against the dollar on Monday as ministers met in Brussels for keenly-awaited talks on what to do about Greece's debt ... more
A City expert has warned that the pound could be in for ‘a good hiding' from the currency markets as fears around problems in the ... more
Feb. 8 (Bloomberg) -- Stort Chemicals Ltd. Chairman Ken Gilkes joined 62 executives who endorsed former Prime Minister Tony Blair’s Labour Party in a letter ... more
NEW YORK: The US dollar firmed against the euro on Monday as the embattled European single currency remained under pressure from worries about sovereign debts ... more
A City expert has warned that the pound could be in for ‘a good hiding’ from the currency markets as fears around problems in the ... more
Support for Labour among business leaders has slipped away during the recession and the run-up to the election but David Cameron is struggling to persuade ... more
The dollar firmed against the euro on Monday as the embattled European single currency remained under pressure from worries about sovereign debts piled up by ... more
The Bank of England (BoE) is misguided in relying on a weak pound to boost the economy, according to City experts... Mark O'Sullivan, director of ... more
Not too much to report today in relation to economic data with the focus looking forward to tomorrows interest rate decisions from the Bank Of ... more
Brits are becoming more cautious about investing in French vacations, as the economic crisis is changing tourism around the world. The pound's collapse is making ... more
Prudent financial management is the mantra for British expats in 2010 despite a recent strengthening in the pound, a new survey has revealed. A survey ... more
Sterling continues a roller coaster ride with the euro and US dollar. Traders are watching the crucial support level of 1.15. June’s public sector net ... more
Sterling has slumped to $1.585 and €1.137 in early morning trading following the results of the European elections which have heaped more pressure on the ... more
Mike Walsh The steadily rising pound against the euro has got more than Spain’s ex-pat community licking their lips in anticipation. The UK’s property speculators ... more
Brits are becoming more cautious about investing in French vacations, as the economic crisis is changing tourism around the world. The pound's collapse is making ... more
Recession fears are affecting people’s New Year resolutions, with three times as many people focusing on just keeping their job in 2009 rather than aiming ... more
Firms doing business abroad can now improve their profit margins using I-PAYFX, a new online service from Currencies Direct, the UK’s leading foreign exchange company. ... more
France Would Be a Fine Thing Mark O’Sullivan, director dealing at foreign exchange specialist Currencies Direct, talks through some of the options when it ... more
High Street Banks Exploit Customers on International Money Transfer
more
How to... Avoid Financial Pitfalls Finding that dream property in the sun should be an enjoyable and exciting process. However it is absolutely crucial ... more
Britons looking for overseas property are focusing on a new favourite - but health experts have warned them to be well covered in case ill ... more
Older people from the UK are continuing to set up home in Spain, new research has revealed. According to a study by currency exchange specialist ... more
The opening gambit to any good article should always set the scene and provide context for the ensuing discussion. However, when it comes to the ... more
Increasing numbers of British buyers are taking advantage of Singapore ’s prope ... more
Currencies Direct, the UK's number one non-bank provider of international payment services and commercial foreign exchange , has released its latest Global Money Movers league ... more
We are pleased to announce that leading business magazine, Management Today, has released it's annual ranking ... more