EURO/GBP - 1.1962
US$/GBP – 1.5761
CHF/GBP – 1.4434
CAN$/GBP - 1.5699
AUS$/GBP – 1.4855
ZAR/GBP – 11.9387
JPY/GBP – 128.227
HKD/GBP – 12.2384
NZD/GBP – 1.9201
SEK/GBP – 10.6750
AED/GBP – 5.7874
US$/EURO - 1.3168
INR/GBP - 79.09

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

Sterling traded in a fairly tight range against both the US dollar and the euro yesterday as markets fears subsided and risk appetite began to drive the market. Today at midday, the UK’s main release will reveal if the Bank of England has decided to further expand the asset purchase program with another round of Quantitative Easing beyond the £50 billion increase last month. The rate decision and the statement that follows have caused significant movements in sterling’s relative strength in the past so call in now for the latest update and the latest news and to avoid any downside shocks.

The euro stayed fairly stable yesterday as confidence surrounding the Greek debt-swap grew. 58% of Greek bond holders have now agreed to the swap with many major banks participating. Four Greek pension funds have refused to join and the other bond holders have until Thursday night to decide and unless the participation rate reaches 75% the expectation is for a disorderly default. As well as the news surrounding the debt-swap expected today, the European Central Bank will also announce its rate decision meaning that there is the potential for a lot of volatility in the markets so call in now for the latest update and the latest news.

The US dollar lost its momentum from Tuesday staying fairly flat against most currencies and weakening against some as risk appetite increased following the news suggesting the Greek debt-swap should be secured today. Non-farm employment change figures were better than expected and unemployment claims data released today will look to further boost the positive sentiment of US economic recovery; however, nothing is certain in this market so call in now for the latest update and the latest news.

Elsewhere, data released in Australia showed that whilst GDP rose, it fell short of the markets estimates leading to the Australian dollar coming under pressure in the early hours before recovering with the markets increased risk appetite. Much worse than expected building permits data released in Canada quashed the positivity from yesterdays figures; but, had little bearing on the Canadian dollar's strength. Call in now for the latest update and the latest news.

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