EURO/GBP - 1.2014
US$/GBP – 1.5675
CHF/GBP – 1.4530
CAN$/GBP - 1.5542
AUS$/GBP – 1.4908
ZAR/GBP – 11.851
JPY/GBP – 130.53
HKD/GBP – 12.1701
NZD/GBP – 1.9182
SEK/GBP – 10.653
AED/GBP – 5.7568
US$/EURO - 1.3048
INR/GBP - 78.26

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 had a strong day yesterday strengthening against the majority of currencies and rising more than one cent against the euro to around €1.20/£1 interbank. Figures released showed that the UK’s trade balance deficit has narrowed in January. Today’s main release is the change in the number of people claiming unemployment benefits which will give a strong indication of the state of the labour market in the country so call in now for the latest update and the latest news as the figures can cause significant volatility.

The euro had a poor day weakening against the majority of currencies despite fairly upbeat news out of the region. The German and euro-wide economic sentiment indices came in better than expected and the Greek bailout is expected to be formally approved today. Furthermore, Fitch (one of the three biggest credit rating agency) actually raised Greece’s credit rating up four levels from restricted default to B-. Despite the more positive rhetoric from Europe, the euro weakened as investors took little notice and looked for reassurances that Spain would not be the new Greece. The economic stability of the region remains unclear so call in now for the latest update and the latest news.

The US dollar performed well yesterday as Wall Street hit the highest levels since June 2008 and figures depicting the best retail sales figures in 5 months were released. Comments from the Federal bank also took a more upbeat tone on the US economy suggesting that the strains in global markets "have eased". The central bank will leave rates unchanged at 0.25% until late 2014 and made no suggestion of implementing further quantitative easing. The US recovery appears to be on track; but, the market remains extremely volatile so call in now for the latest update and the latest news.

Elsewhere, Japan decided against expanding its asset-purchase facility; but, announced it will expand a loan scheme, by 2 trillion yen, to 5.5 trillion yen. 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