• Sterling hit a three-week low against the dollar on Wednesday as the dollar strengthened after stronger-than-expected U.S. jobs data, while the pound remained under pressure due to fears about the UK economy

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• Sterling hit a two-week low on Tuesday after weak retail sales data added to fears about the health of the economy.

• The dollar gained against the pound and other major currencies after strong US consumer confidence figures.

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• Sterling weakened against the dollar and euro on Monday after UK house prices fell in July for the 10th month running.

• House prices in England and Wales fell 1.2 percent in July, Hometrack said, giving an annual fall of 4.4 percent, the biggest annual fall since the survey began in 2001.

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• Sterling weakened against the euro and the dollar on Friday after poor data on Thursday showing the biggest slump in UK retail sales in over two decades which strengthened the case for the Bank of England to cut interest rates.

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• The previous day, news that Bank of England policy member Timothy Besley had voted for a rate rise this month, boosted sterling, even as policy member David Blanchflower had as expected called for a cut from the current 5 percent.

• The pound dropped versus the dollar on Thursday as investors looked to retail sales data for clues on the likely direction of the next move from the Bank of England.

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• Sterling gained on Wednesday after minutes released from the Bank of England’s policy meeting showed a split between board members on interest rates.

• Minutes of the July 9-10 policy meeting showed member Timothy Besley wanting an immediate quarter-point rise to 5.25 percent and policy member David Blanchflower arguing a cut was needed to prevent a recession.

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Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.

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• Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account.

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n.b these are just indication rates as of 8.30am on Tuesday 22nd July 2008

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.

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• Sterling dropped against the the dollar and euro on Monday as more bad news worsened Britain’s economic outlook.
  

• Rightmove said prices for homes in England and Wales fell 2 percent year-on-year in July, the first annual fall since the series began six years ago.

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n.b these are just indication rates as of 8.30am on Monday 21st July 2008

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• The pound dropped against the euro on Thursday as UK inflation data and jobless figures released earlier this week added to the gloom surrounding the UK economy.

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n.b these are just indication rates as of 8.30am on Friday 18th July 2008

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.

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• The pound dropped against the euro on Thursday as UK inflation data and jobless figures released earlier this week added to the gloom surrounding the UK economy.

• Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account.