EURO/GBP - 1.2465
US$/GBP – 1.6079
CHF/GBP – 1.4982
CAN$/GBP - 1.6094
AUS$/GBP – 1.6054
ZAR/GBP – 13.1121
JPY/GBP – 128.69
HKD/GBP – 12.4832
NZD/GBP – 2.0581
SEK/GBP – 11.202
AED/GBP – 5.8974
US$/EURO - 1.2892
INR/GBP - 86.22
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 briefly broke through the 1.2500 level against the euro on Friday morning; before weakening off against the majority of currencies as Nationwide consumer confidence figures released were worse than expected and the change in the price of goods and raw materials purchased by manufacturers dropped by a lot more than anticipated. The Bank of England inflation report will be the main focus this week as investors will look for signs that further quantitative easing could be implemented in the upcoming months. Other data released includes the change in the number of people claiming unemployment benefits and there is also a benchmark 10 year bond auction. We will have to see if sterling can maintain its 3.5 year high against the euro this week. Call in now for a live update and a live quote.
The euro had a mixed day on Friday as Spain demanded that its banks hold more capital to guard against “toxic debts” whilst Greece continues to try and form a government. Spanish bond yields have risen once more as fears surrounding the country continue to escalate. Euro zone GDP data is released this week; benchmark 10 year bond auctions in Italy, Germany and Spain; and economic sentiment figures from Germany. Whilst the market will keep an eye on the data released, any news from Greece has the potential to cause a lot of volatility; so call in now for the latest news and a live quote.
The US dollar was relatively strong again on Friday driven by investors seeking a “safe haven” for their money. On the data front, figures released showed that the change in the price of finished goods and services sold by producers dropped by more than expected; but, consumer confidence was better than the markets had predicted. The main releases this week includes growth and inflation data; retail sales figures and unemployment claims; so, call in now for the latest news and a live quote.
Elsewhere, the Canadian dollar was one of the best performing currencies as unemployment data released was much better than expected. Disappointing data from China caused yet more fear in the global markets as the world’s second largest economy seems to be struggling once more. The Reserve Bank of Australia meeting minutes are released this week and any further indication that interest rates could be cut in the short term could cause the Australian dollar to weaken off again. The other main releases include inflation data from Canada, data showing the change in the price of goods and raw materials purchased by manufacturers in New Zealand and Japanese GDP figures. Call in now for 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$/GBP – 1.6079
CHF/GBP – 1.4982
CAN$/GBP - 1.6094
AUS$/GBP – 1.6054
ZAR/GBP – 13.1121
JPY/GBP – 128.69
HKD/GBP – 12.4832
NZD/GBP – 2.0581
SEK/GBP – 11.202
AED/GBP – 5.8974
US$/EURO - 1.2892
INR/GBP - 86.22
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 briefly broke through the 1.2500 level against the euro on Friday morning; before weakening off against the majority of currencies as Nationwide consumer confidence figures released were worse than expected and the change in the price of goods and raw materials purchased by manufacturers dropped by a lot more than anticipated. The Bank of England inflation report will be the main focus this week as investors will look for signs that further quantitative easing could be implemented in the upcoming months. Other data released includes the change in the number of people claiming unemployment benefits and there is also a benchmark 10 year bond auction. We will have to see if sterling can maintain its 3.5 year high against the euro this week. Call in now for a live update and a live quote.
The euro had a mixed day on Friday as Spain demanded that its banks hold more capital to guard against “toxic debts” whilst Greece continues to try and form a government. Spanish bond yields have risen once more as fears surrounding the country continue to escalate. Euro zone GDP data is released this week; benchmark 10 year bond auctions in Italy, Germany and Spain; and economic sentiment figures from Germany. Whilst the market will keep an eye on the data released, any news from Greece has the potential to cause a lot of volatility; so call in now for the latest news and a live quote.
The US dollar was relatively strong again on Friday driven by investors seeking a “safe haven” for their money. On the data front, figures released showed that the change in the price of finished goods and services sold by producers dropped by more than expected; but, consumer confidence was better than the markets had predicted. The main releases this week includes growth and inflation data; retail sales figures and unemployment claims; so, call in now for the latest news and a live quote.
Elsewhere, the Canadian dollar was one of the best performing currencies as unemployment data released was much better than expected. Disappointing data from China caused yet more fear in the global markets as the world’s second largest economy seems to be struggling once more. The Reserve Bank of Australia meeting minutes are released this week and any further indication that interest rates could be cut in the short term could cause the Australian dollar to weaken off again. The other main releases include inflation data from Canada, data showing the change in the price of goods and raw materials purchased by manufacturers in New Zealand and Japanese GDP figures. Call in now for 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
