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TheMoveChannel.com | Australian Features
Welcome to TheMoveChannel.com Australia Features Page, where you can read all of our latest editorial features on a whole host of topics relating to Australia property, travel, money, the real estate industry and much more.Feature Australian Articles
This week's foreign exchange news
As the UK economy slowly crawled out of recession last week, the Pound performed reasonably well - although the 0.1% growth in GDP was much less than many analysts had expected. A stronger figure would have been likely to give exchange rates a further boost......
This week's exchange rate news
After a quiet week in terms of UK financial news last week, we have a busy week on the calendar which is likely to cause some volatility in foreign exchange markets, whether you are sending money overseas or repatriating it to the UK......
This week's exchange rate news
Last week's revision of UK GDP showed that we are still deep in recession - which has not helped sterling's performance in foreign exchange markets. The UK certainly appears to be lagging behind other economies in Europe as well as the USA and Australia - which is a worry for anybody sending money abroad in the coming months......
This week's exchange rate news
The Bank of England last week voted to inject an extra £25bn into the economy in the form of an extension to quantitative easing. The decision could have been worse for the Pound (if the figure had been £50bn) or better (no extension at all) and in the end there was little effect on exchange rates. Analysts expect that this could be the last extra money to be pumped into the economy, which is a positive sign......
November Best Currency Report
Foreign Exchange Specialists Currency Index look at how the Pound is performing against other major currencies as economic conditions change around the world......
This week's exchange rate news
There was some good news at last for those of you making money transfers in Euros or US Dollars last week - the Pound found some strength after the Bank of England's decision on Thursday not to extent their programme of quantitative easing beyond £175 million......
This week's exchange rate news
Another bad week for sterling last week saw a fall in value against most major currencies. Although UK inflation figures on Tuesday and retail sales numbers on Thursday were positive, worrying public borrowing figures, along with some good news in Germany and the USA, meant that GBP struggled to make any gains at all......
A Week of Two Halves - Currency News
Last week saw the pound testing higher mid-market levels against both the Euro (€1.18) and US Dollar ($1.70) after better than expected news in the UK from Monday to Wednesday......
This week's exchange rate news
Last week's poor UK GDP data was the main news for sterling - the economy contracted by 0.8 per cent between April and June, more than double the figure that analysts were expecting......
