To keep track of the Pound / US Dollar exchange rate please visit our live foreign exchange rate page.
The monthly average for Sterling against the Dollar is 1.5677 and rates have failed to budge too much either side of this over the past four weeks. We have seen just over 1% movement from high to low for the Pound against the Dollar and I feel we are waiting with baited breath for a stronger indication on interest rate change from the Fed.
Personally my thoughts are that rates will remain in this range and the only risk is to the downside for anyone looking to sell US Dollars as there is every chance the Federal Reserve may delay interest rate change further and the Dollar may find a little weakness should this happen.
One to watch out for tomorrow afternoon is U.S consumer confidence figures released at 15:00pm. Much like Sterling the Dollar has limited economic data out during the early part of week but this is the first main point of note that may lead to Dollar volatility so be sure to have a keen eye on Dollar exchange rates during this release.
If you have a US Dollar requirement I would be very happy to assist you, you can contact me directly at email@example.com.
Top currency broker. Fantastic Daniel Wright was really helpful. I have now changed my currency broker I have been with for 10 years to yourselves.
The whole process was simple by Daniel Wright. He described the various stages to the process very clearly & was always available to talk to. A very knowledgeable & friendly person! I highly recommend Foreign Currency Direct.
Superb none better. Impeccable service. So so efficient. Absolutely delighted with the way this company works and especially Daniel.
Would always recommend them. They have their fingers on the pulse and could not be more helpful. Have dealt with Daniel Wright every time who is polite, patient and charming.
We spoke with Daniel for only a few minutes and the funds were in our Spanish Bank Account later that day at the best exchange rate one could get on the day. We would never use anyone else to transfer our funds abroad.