Recent content by Foremost

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    Importing goods from china what are the costs?

    Hi - I'd love to help but not my area of expertise I'm afraid! We help many business's with the foreign exchange when importing from China; converting pounds to dollars to pay for shipments, but we purely deal in the FX side of things.
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    the UK is finished

    The IMF have said the UK will be the worst performing out of all the major economies this year, and thats because of the way the government are trying to handle the problem with Quantitive Easing. I agree that the UK economy and therfore Sterling will perform worse than other currencies...
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    Outlook for the Sterling

    If it does ever get back to $2 to 1, its not going to be any time in the next 5 years. Sterling was overvalued, and the decline in the currency is simply a correction in the price. It will probably get back to $1.50/$1.60 and the Euro will level out at €1.30m but not this year. The UK economy...
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    uk pound vs euro

    I have a blog that looks at exchange rate predictions so feel free to look at it. its foremostcurrencygroup.blogspot.com
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    Importing goods from china what are the costs?

    One thing to consider that's often overlooked is the currency side of things. Usually goods from China will have to be paid for in US Dollars, and currency fluctuations and of course the appalling rates offered by banks can have a big impact. I help many business's pay for their goods imported...
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