EURO/GBP - 1.1949
US$/GBP – 1.5950
CHF/GBP – 1.4424
CAN$/GBP - 1.5880
AUS$/GBP – 1.5295
ZAR/GBP – 12.156
JPY/GBP – 131.86
HKD/GBP – 12.3728
NZD/GBP – 1.9468
SEK/GBP – 10.639
AED/GBP – 5.8516
US$/EURO - 1.3324
INR/GBP - 81.15

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 hit a four and a half month high against the US dollar today before losing ground and ending the day where it started. Sterling traded in a similar pattern against the majority of currencies strengthening in the morning before retracing in the late afternoon. One of the members of the Bank of England suggested that the central banks interest rates could be raised sooner than initially anticipated; but, the markets still expect the Bank of England to keep to its wait-and-see approach for quite a time yet. Trade balance figures and the final quarters GDP for 2011 will be released today which provide are a good indicator of the state of the UK’s economy so call in now for the latest update and a live quote.

The euro weakened off against sterling, the US dollar and the Swiss franc yesterday; but strengthened against the majority of commodity backed currencies. A weak Spanish bond auction and poor German consumer climate figures released yesterday did little to boost confidence in the Eurozone. There is not much data release in the Eurozone today as the markets look elsewhere for influence so call in now for the latest update and the latest news.

The US dollar strengthened against the majority of currencies yesterday; but, ended the day fairly flat against sterling as the Federal Reserve Bank suggested that it would keep monetary policy loose. On the data front, the Conference Board (CB) index representing consumer confidence came out as the markets had anticipated. The main data released today is the Core Durable Goods Orders figures which is expected to show a 1.6% increase in the total value of new purchase orders placed with manufacturers for durable goods; any variation from the expected values could create volatility in the market so call in now for the latest update and the latest news.

Elsewhere, the Japanese yen had another weak day yesterday. The Chinese yuan also strengthened to a record high against the US dollar following the Chinese president stating that he will look to "let the market play a greater role” in determining the yuan’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