EURO/GBP - 1.2362
US$/GBP – 1.5692
CHF/GBP – 1.4853
CAN$/GBP - 1.6010
AUS$/GBP – 1.5526
ZAR/GBP – 12.9612
JPY/GBP – 124.32
HKD/GBP – 12.1718
NZD/GBP – 1.9784
SEK/GBP – 10.9313
AED/GBP – 5.7689
US$/EURO - 1.2682
INR/GBP - 87.34
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 was fairly range bound on Friday as the markets were fairly quiet due to traders taking a cautious stance in the run up to Sunday’s Greek election. The G 20 meeting on Monday and Tuesday is expected to provide more information about increasing liquidity in the financial markets, similar to the way that the Bank of England announced its credit easing measures last week. An important week of data in the UK includes the MPC meeting minutes which will show how MPC members voted with regards to an interest rate change and further quantitative easing. Expectations are that it was a close vote with regard to increasing quantitative easing from £325bn - any increase is usually negative for sterling. Other releases include inflation data, retail sales data and the change in the number of people claiming unemployment benefits. Call in now for the latest news and a live quote.
The euro had a mixed day on Friday with investors nervous about what effect Sunday’s Greek elections could have on the make-up of the single currency going forwards. The euro strengthened on Sunday evening after exit polls from the Greek election showed that a pro-bailout coalition could form a parliamentary majority therefore suggesting that Greece would remain in the euro at present. However, at present the complete picture is still unknown and the underlining problems in Greece still remain. The most influential figures on the agenda this week are expected to be the German economic sentiment and business climate figures; whilst services and manufacturing Purchasing Managers' Index (PMI) across Europe could also have an impact. The markets will keep a close eye on the developments in the aftermath of the Greek elections; as well as looking to news from Spain and Italy for influence; so, call in now for the latest news and a live quote.
The US dollar struggled on Friday as a string of bad data was released including consumer sentiment figures missing expectations, the empire state manufacturing index dropping and a worse than expected change in industrial production. The Federal Open Market Committee (FOMC) press conference, economic projections and monetary policy statement will take centre stage mid-week by providing insight on the state of the economy in the US. Other data out this week includes building permits and existing home sales data; as well as figures showing the change in the number of people claiming unemployment benefits. Call in now for the latest update and a live quote.
Elsewhere, the Japanese yen performed well on Friday following the Bank of Japans decision to leave rates unchanged. A busy week of data head includes the minutes from the latest Australian monetary policy meeting; quarterly GDP data and trade balance figures from New Zealand; Chinese manufacturing (PMI); and retail sales and inflation data from Canada. 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$/GBP – 1.5692
CHF/GBP – 1.4853
CAN$/GBP - 1.6010
AUS$/GBP – 1.5526
ZAR/GBP – 12.9612
JPY/GBP – 124.32
HKD/GBP – 12.1718
NZD/GBP – 1.9784
SEK/GBP – 10.9313
AED/GBP – 5.7689
US$/EURO - 1.2682
INR/GBP - 87.34
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 was fairly range bound on Friday as the markets were fairly quiet due to traders taking a cautious stance in the run up to Sunday’s Greek election. The G 20 meeting on Monday and Tuesday is expected to provide more information about increasing liquidity in the financial markets, similar to the way that the Bank of England announced its credit easing measures last week. An important week of data in the UK includes the MPC meeting minutes which will show how MPC members voted with regards to an interest rate change and further quantitative easing. Expectations are that it was a close vote with regard to increasing quantitative easing from £325bn - any increase is usually negative for sterling. Other releases include inflation data, retail sales data and the change in the number of people claiming unemployment benefits. Call in now for the latest news and a live quote.
The euro had a mixed day on Friday with investors nervous about what effect Sunday’s Greek elections could have on the make-up of the single currency going forwards. The euro strengthened on Sunday evening after exit polls from the Greek election showed that a pro-bailout coalition could form a parliamentary majority therefore suggesting that Greece would remain in the euro at present. However, at present the complete picture is still unknown and the underlining problems in Greece still remain. The most influential figures on the agenda this week are expected to be the German economic sentiment and business climate figures; whilst services and manufacturing Purchasing Managers' Index (PMI) across Europe could also have an impact. The markets will keep a close eye on the developments in the aftermath of the Greek elections; as well as looking to news from Spain and Italy for influence; so, call in now for the latest news and a live quote.
The US dollar struggled on Friday as a string of bad data was released including consumer sentiment figures missing expectations, the empire state manufacturing index dropping and a worse than expected change in industrial production. The Federal Open Market Committee (FOMC) press conference, economic projections and monetary policy statement will take centre stage mid-week by providing insight on the state of the economy in the US. Other data out this week includes building permits and existing home sales data; as well as figures showing the change in the number of people claiming unemployment benefits. Call in now for the latest update and a live quote.
Elsewhere, the Japanese yen performed well on Friday following the Bank of Japans decision to leave rates unchanged. A busy week of data head includes the minutes from the latest Australian monetary policy meeting; quarterly GDP data and trade balance figures from New Zealand; Chinese manufacturing (PMI); and retail sales and inflation data from Canada. 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
