EURO/GBP – 1.1985
US$/GBP – 1.5660
CHF/GBP – 1.4638
CAN$/GBP - 1.5965
AUS$/GBP – 1.5414
ZAR/GBP – 12.7560
JPY/GBP – 121.80
HKD/GBP – 12.1790
NZD/GBP – 2.0246
SEK/GBP – 10.7262
AED/GBP - 5.753
US$/EURO - 1.3064

To request a up-to-the minute quotation, call 0845 638 0571 or (+44 207 898 0500 from outside the UK) or fill out our quote form: http://www.smartcurrencybusiness.com/quote1.htm

A quiet day on the currency markets yesterday as we enjoyed an extended Christmas break. The City of London is the largest currency market in the world and as such trading elsewhere was fairly muted. There was little movement between the major currencies.

At the end of last week, worries about the UK economy came to the fore and the increased probability of further quantitative easing. It is unlikely the post Christmas retail sales have helped much as it seemed that significant price cuts were needed to convince shoppers to part with their cash.

This week we have the Italian government making a debt issuance. The markets will be watching very closely to see how successful it all is. A poor take up of the debt issuance will be negative for the euro.

We are open for business this week so if you need some help with your currency needs please get in touch. We will be delighted to help.

Exchange rates change every second - call Smart Currency Exchange for a live up-to-the-minute quote on: 0845 638 0571 (or +44 (0)207 898 0500 from outside the UK) or fill out our online quote form at: SmartCurrencyBusiness.com/quote1.htm