EURO/GBP - 1.2742
US$/GBP – 1.5639
CHF/GBP – 1.5322
CAN$/GBP - 1.5485
AUS$/GBP – 1.4926
ZAR/GBP – 12.9172
JPY/GBP – 123.94
HKD/GBP – 12.1359
NZD/GBP – 1.9402
SEK/GBP – 10.4826
AED/GBP – 5.7445
US$/EURO - 1.2265
INR/GBP - 87.54
 

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 reached the highest price against the euro this month following the news that the change in the number of new people claiming unemployment benefits has dropped by much more than expected with the monthly figures showing 5,900 less people are claiming benefits when an increase by just over 6,000 had been anticipated. Other employment data released showed that the overall unemployment rate had also dropped by 46,000 people in the three months to June. Whilst these unemployment figures make for better reading, it is important to bear in mind the impact the Olympics would have had on employment numbers and GDP figures in the short term. In other news, the Bank of England’s latest meeting minutes revealed that all the members of the Monetary Policy Committee (MPC) voted to keep the asset purchase facility and interest rates on hold which was as expected. Monthly retails sales figures released today will be the main news on the agenda with economists predicting marginal growth at 0.1%. Call in now for the latest rates.

The euro had a very poor day yesterday as news was released that the Greek Prime minister would be meeting with the leaders of Germany, France and Luxembourg to try and renegotiate the austerity measures that are currently in place; however, Germany remain steadfast that the package is non-negotiable. It will be another relatively quiet day for data in Europe today, with the main release being the Europe area wide Consumer Price Index (CPI) inflation data. Call in now for the latest news.

The US dollar had a mixed day yesterday after Consumer Price Index (CPI) figures came in slightly below estimates showing that inflation had only risen by 0.1%; which, alongside the better than expected retail sales figures from Monday makes the probability of another round of quantitative easing less likely . A busy US economic calendar today includes data showing the number of new residential building permits granted, the number of new people claiming unemployment benefits and figures from the Philly manufacturing index. Get the latest news by calling in.

Elsewhere, the Japanese yen performed relatively well yesterday recovering from its lows on Tuesday. Australian inflation expectation figures were released overnight and a diffusion index outlining Switzerland economic expectations will be announced this morning. Later today, data from Canada including manufacturing sales figures and statistics depicting the overseas demand for Canadian security securities will be announced. 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