Convert Pounds to Dollars

The Concept of Short / Long on Forex

The calculation of foreign exchange position allows measuring the exposure to currency risk for an investor.   The currency position is qualified long, since the assets held by an investor are greater commitments that it may have in that currency. Because of its position, the investor anticipates the increased valuation of the currency held. The […]

Currency Conversion

Transactions of currencies Convert Pounds to Dollars has launched the Currencies equivalence feature to facilitate payments between its users outside the United States. It is pleased to offer advantageous conversion rate compared to other service users.   The latest information on the exchange rates is based on “interbank rate base.” Base rates are established in […]

The Impact of Changes in Foreign Currency

The key points   The main aspects of foreign operations: • Accounting for transactions denominated or settled in foreign currency.   • The conversion of financial statements of foreign incorporated into account the consolidating parent company.   Gains and losses on foreign exchange transactions should be recognized as income or expense of the year (except […]

GBP / USD: Trading the Ratio of Retail Sales in the UK

Retail sales in the UK are expected to increase another 0.1% in December and the recovery in private consumption should support the pound by reducing the scope of the Bank of England to further expand its balance sheet. While the BoE sees inflation above the target on the political horizon, continuous improvement in household spending […]