EURO/GBP - 1.2118
US$/GBP – 1.5882
CHF/GBP – 1.4568
CAN$/GBP - 1.5826
AUS$/GBP – 1.5436
ZAR/GBP – 12.492
JPY/GBP – 129.12
HKD/GBP – 12.3278
NZD/GBP – 1.9357
SEK/GBP – 10.732
AED/GBP – 5.8324
US$/EURO - 1.3092
INR/GBP - 81.30

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 against the US dollar and rallied to a two and a half month high against the euro on Thursday as fears surrounding Spain dominated the markets. The Bank of England left rates unchanged at 0.5% and kept the asset purchasing program on hold as widely expected. On Friday and Monday, sterling’s rallies continued against the euro reaching fresh highs whilst strengthening against the US dollar. This week, there is not a great deal of data out except the Producer Price Index (PPI) figures for goods bought and sold by manufactures. Call in now for the latest update and a live quote.

The euro had a particularly poor day on Thursday as worries about Spain were at the forefront of traders’ minds. The euro recovered somewhat on Friday and Monday following the poor unemployment data released from the US and due to thin trading due to the bank holidays followed across much of the world. There is not a great deal of significant data out of Europe this week; but, the markets will look to the ongoing developments in Spain for influence so call now for a live quote and the latest news.

The US dollar was strong against the euro and sterling on Thursday as fears surrounding Spain drove the market. Poor employment data released on Friday weakening the US dollar against the majority of currencies; moreover, the US dollar continued to be sold off throughout most of yesterday. Monthly PPI figures, Consumer Price Index (CPI) data, trade balance data and yet more unemployment data is on the agenda this week so call in now for a live update and the latest news.

Elsewhere, Thursday saw the release of strong unemployment data from Canada. The €1.20/Chf1 peg was momentarily breached on Friday, but, a member of the Swiss National Bank said it is willing to buy foreign currencies in "unlimited quantities” to enforce the peg. Yesterday, trade balance data from Japan beat the market’s expectations; moreover, figures released showed that Chinese inflation accelerated more than initially anticipated. This week the other main releases includes the official call rate from Japan and its monetary policy statement, Chinese GDP and Trade Balance data, Canadian trade balance data and unemployment data from Australian. With a raft of data out this week it is essential to call in 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