EURO/GBP - 1.2461
US$/GBP – 1.5682
CHF/GBP – 1.4972
CAN$/GBP - 1.6078
AUS$/GBP – 1.6062
ZAR/GBP – 13.151
JPY/GBP – 124.67
HKD/GBP – 12.175
NZD/GBP – 2.0843
SEK/GBP – 11.231
AED/GBP – 5.7614
US$/EURO - 1.2579
INR/GBP - 88.15
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 strengthened against the euro and the commodity backed currencies; but, weakened against the US dollar and Japanese yen as risk aversion drove the market. Data released yesterday showed a sharp drop in retail sales figures to -2.3% when only a -0.8% figure was expected. The Bank of England’s policy meeting minutes revealed that the MPC members voted 8-1 to keep quantitative easing unchanged despite the deterioration of the Eurozone. Revised GDP data released today could cause a lot of volatility if the figures differ significantly from the widely disputed preliminary figures that showed the UK was back in a technical recession; so, call in now for the latest news and a live quote.
The euro was extremely weak yesterday reaching a 22 month low against the US dollar as fears that Greece could soon leave the euro were reaching fever pitch as rumours started to circulate that EU policy makers have now started to put contingency plans in place. German bond yields (treaded as a safe haven) have also reached an all-time low reaffirming the markets fear for the so called "Grexit” (Greek exit). German and Euro wide manufacturing Purchasing Managers' Index (PMI) figures are released today; furthermore, German business climate data will go some way to show the state of the Eurozone economy; however, expect any news from Greece to have a much bigger impact on the market. Call in now for the latest news and a live quote.
The US dollar performed well yesterday driven by investors seeking “safer havens” following the on-going developments in Europe. On the data front, new home sales figures released yesterday came in above markets expectations. Out today, the main news on the agenda is the weekly change in unemployment claims and figures showing the change in the total value of new purchase orders placed with manufacturers for durable goods. With the fears over the Eurozone continuing to dominate investor’s minds, we will have to see how long this strong dollar trend continues; call in now for the latest news and a live quote.
Elsewhere; like the US dollar, the Japanese yen performed well today due to its safe haven status and following the Japanese central banks decision to not do anything at its monetary policy meeting. The annual budget for New Zealand was released first thing this morning; furthermore, Chinese PMI was also released. 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$/GBP – 1.5682
CHF/GBP – 1.4972
CAN$/GBP - 1.6078
AUS$/GBP – 1.6062
ZAR/GBP – 13.151
JPY/GBP – 124.67
HKD/GBP – 12.175
NZD/GBP – 2.0843
SEK/GBP – 11.231
AED/GBP – 5.7614
US$/EURO - 1.2579
INR/GBP - 88.15
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 strengthened against the euro and the commodity backed currencies; but, weakened against the US dollar and Japanese yen as risk aversion drove the market. Data released yesterday showed a sharp drop in retail sales figures to -2.3% when only a -0.8% figure was expected. The Bank of England’s policy meeting minutes revealed that the MPC members voted 8-1 to keep quantitative easing unchanged despite the deterioration of the Eurozone. Revised GDP data released today could cause a lot of volatility if the figures differ significantly from the widely disputed preliminary figures that showed the UK was back in a technical recession; so, call in now for the latest news and a live quote.
The euro was extremely weak yesterday reaching a 22 month low against the US dollar as fears that Greece could soon leave the euro were reaching fever pitch as rumours started to circulate that EU policy makers have now started to put contingency plans in place. German bond yields (treaded as a safe haven) have also reached an all-time low reaffirming the markets fear for the so called "Grexit” (Greek exit). German and Euro wide manufacturing Purchasing Managers' Index (PMI) figures are released today; furthermore, German business climate data will go some way to show the state of the Eurozone economy; however, expect any news from Greece to have a much bigger impact on the market. Call in now for the latest news and a live quote.
The US dollar performed well yesterday driven by investors seeking “safer havens” following the on-going developments in Europe. On the data front, new home sales figures released yesterday came in above markets expectations. Out today, the main news on the agenda is the weekly change in unemployment claims and figures showing the change in the total value of new purchase orders placed with manufacturers for durable goods. With the fears over the Eurozone continuing to dominate investor’s minds, we will have to see how long this strong dollar trend continues; call in now for the latest news and a live quote.
Elsewhere; like the US dollar, the Japanese yen performed well today due to its safe haven status and following the Japanese central banks decision to not do anything at its monetary policy meeting. The annual budget for New Zealand was released first thing this morning; furthermore, Chinese PMI was also released. 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
