Transfer Money Abroad At Better Exchange Rates Than The Banks - Simply A Better Deal

We're now open 24/7

Plus, we guarantee your rate before any money is exchanged.

Register now and enjoy better exchange rates than the banks.

£0 transfer fee – for all!

Our flat rate transfer fee is now a thing of the past.

UKForex customers can enjoy worldwide money transfers with a £0 transfer fee. No gimmicks, no catch.

Register now and join the many others taking advantage of this great offer!

You can now use your debit card to pay UKForex!

We are pleased to announce that you can now use your debit card to send GBP (£) with UKForex.

Simply log in and book a transfer like you usually would –  and a ‘pay by Debit card’ button will appear.

 

My FX Dashboard

Full Rates & Charts

Interbank Market rate - GBP/USD

Bid Ask
10:55
1.3310 / 1.3314
Low High
24h 1.3220 - 1.3493
Week 1.3142 - 1.3908
For information purposes onlyFor informational purposes only. Please read Terms of Use for further information.

More Near real time rates - Not to be used for trading purposes.

Daily Commentary

Friday, 01 July 2016

Andrew Atkins

United States Dollar:

The GBP was trading within its new normal ranges as it has been most the week and then Carney came out confirming that the worst is still unseen. We were reminded of the far reaching consequences of Brexit and the GBP fell considerably. The most notable comment came from the confirmation that an interest rate cut may be on the cards for summer. The most likely date appears to be August the 4th when the MPC meets. Whilst this was not much of a surprise it hit the pound hard and further depreciation was seen. The GBP fell to 1.1940 against the EUR. The drop in currency turbocharged the FTSE 100 and pushed gilt yields to record lows. Further political announcements shocked the market with the announcement that Michael Gove had failed to inform Boris Johnson of his decision to stand for PM. Some are calling it “midnight treachery” and “political assassination”. George Osbourne has been named as co-conspirator though the claim has been ... read more


Currency Converter


Market Rate For information purposes only. Terms of Use
For details, see My FX Dashboard

For UKForex’s customer rate
Log In or Register Now
Rate: 1.3314
=
Rate: 0.7511
=

Register Free

Send money overseas at better rates than the banks.


Get our Free Commentary



RSS Follow Facebook Twitter Follow on LinkedIn Google Plus Follow on YouTube

Get free rate alerts

/
 
Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

NOTE: These rates are for informational purposes only

UKForex is rated 4.5 stars by Trustpilot based on 125 reviews.

IMPORTANT: Use of this website is subject to the Website Terms. Use of the Services of the UKForex Limited is subject to the Client Agreement. Nothing on this website constitutes or should be construed as financial advice. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites.

UKForex is registered in England and Wales (company no. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA.

DISCLAIMER: UKForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

UKForex provides international money transfer services to individual clients and business customers. Use our free currency calculator, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.

UKForex is authorised by the Financial Conduct Authority (FRN: 521566) for the provision of payment services. 

Money Laundering Regulation Number (MSB): 12219180. Issued by HM Revenue & Customs (HMRC)
Read our Money Laundering Statement

Privacy Policy

ofx.com