EURO/GBP - 1.2235
US$/GBP – 1.6189
CHF/GBP – 1.4706
CAN$/GBP - 1.5902
AUS$/GBP – 1.5597
ZAR/GBP – 12.5230
JPY/GBP – 131.43
HKD/GBP – 12.5621
NZD/GBP – 1.9804
SEK/GBP – 10.8680
AED/GBP – 5.9421
US$/EURO - 1.3229
INR/GBP - 84.95
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 weakened off against the majority of currencies yesterday morning as quarterly GDP figures released showed that the UK is now technically back in recession; the first double dip recession since the 1970’s. The news that the UK is now back in recession has prompted a call for further quantitative easing from certain sectors of the market; however, the asset purchase program is still expected to be kept on hold next month. There is very little market data out of the UK today except mortgage approval figures; as a result, the market will look elsewhere for influence so call in now for a live quote and the latest news.
The euro had a mixed day yesterday strengthening against sterling in the morning following the poor GDP figures released in the UK; but, came under pressure against the majority of currencies as the day progressed. Yesterday, the ECB president called for a “growth compact” as the measures currently employed are not having the desired effect. The German Chancellor backed this idea stating that “structural reforms” need to be implemented. The Eurozone still remains on a knife edge, and any news could cause a lot of volatility so call in now for a live update and a live quote.
In the US, durable goods orders dropped sharply yesterday with the worst fall seen since 2009; but, the big news was the Federal Open Market Committee (FOMC) improving its forecasts for the US economy; furthermore, there was a distinct lack of mention for further quantitative easing which calmed the markets. Unemployment claims figures and the monthly change in the number of homes under contract to be sold are the main releases on the agenda today. Call in now for the latest news and a live quote.
Elsewhere, the commodity backed currencies performed well yesterday with the Canadian and Australian dollars recovering fairly well from earlier in the week. Late last night, the Reserve Bank of New Zealand’s official cash rate decision was announced and the governor of the Bank of Canada was also speaking. Call in now the latest news and a live quote.
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
US$/GBP – 1.6189
CHF/GBP – 1.4706
CAN$/GBP - 1.5902
AUS$/GBP – 1.5597
ZAR/GBP – 12.5230
JPY/GBP – 131.43
HKD/GBP – 12.5621
NZD/GBP – 1.9804
SEK/GBP – 10.8680
AED/GBP – 5.9421
US$/EURO - 1.3229
INR/GBP - 84.95
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 weakened off against the majority of currencies yesterday morning as quarterly GDP figures released showed that the UK is now technically back in recession; the first double dip recession since the 1970’s. The news that the UK is now back in recession has prompted a call for further quantitative easing from certain sectors of the market; however, the asset purchase program is still expected to be kept on hold next month. There is very little market data out of the UK today except mortgage approval figures; as a result, the market will look elsewhere for influence so call in now for a live quote and the latest news.
The euro had a mixed day yesterday strengthening against sterling in the morning following the poor GDP figures released in the UK; but, came under pressure against the majority of currencies as the day progressed. Yesterday, the ECB president called for a “growth compact” as the measures currently employed are not having the desired effect. The German Chancellor backed this idea stating that “structural reforms” need to be implemented. The Eurozone still remains on a knife edge, and any news could cause a lot of volatility so call in now for a live update and a live quote.
In the US, durable goods orders dropped sharply yesterday with the worst fall seen since 2009; but, the big news was the Federal Open Market Committee (FOMC) improving its forecasts for the US economy; furthermore, there was a distinct lack of mention for further quantitative easing which calmed the markets. Unemployment claims figures and the monthly change in the number of homes under contract to be sold are the main releases on the agenda today. Call in now for the latest news and a live quote.
Elsewhere, the commodity backed currencies performed well yesterday with the Canadian and Australian dollars recovering fairly well from earlier in the week. Late last night, the Reserve Bank of New Zealand’s official cash rate decision was announced and the governor of the Bank of Canada was also speaking. Call in now the latest news and a live quote.
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
