GBP/EUR - 1.2466
GBP/USD - 1.6101
EUR/USD - 1.2910
GBP/AED - 5.9058
GBP/AUS - 1.5421
GBP/CAN - 1.5738
GBP/CHF - 1.5088
GBP/HKD - 12.4831
GBP/INR - 89.31
GBP/JPY - 125.16
GBP/NZD - 1.9632
GBP/SEK - 10.5810
GBP/ZAR - 13.4951
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 had a good day against the US dollar yesterday reaching 1.6125 and lost a little bit of ground against the euro following news surrounding the European Stability Mechanism (ESM) from Germany and in anticipation of today’s Federal Open Market Committee (FOMC) announcement. Data released yesterday showed that the number of people claiming unemployment benefits for last month had dropped by 15,000 which was positive, but, the overall unemployment rate had risen by 0.1%. With very little data out of the UK today, sterling’s relative strength will take its lead from news produced elsewhere and in particular the US. Call in now for the latest rates.
The euro performed well yesterday reaching fresh four month highs of 1.2930 against the US dollar following the news that the German Federal Constitutional Court had ruled in favour of the €500 billion support fund known as the European Stability Mechanism (ESM). However, as expected the court did implement conditions on this ruling where by it limited the Germans liability to €190 billion. Furthermore, it was only a preliminary ruling where the final decision is expected to be approved in December. It is due to be quiet day for economic data in Europe today; but, the chance for volatility remains high as the markets look to the US for influence, whilst continuing to attempt to digest what all the news of the past week actually means for the future of the Eurozone. Call in now for the latest news.
The US dollar continued to weaken against the euro and sterling yesterday in anticipation of FOMC announcement today, whilst absorbing news from Europe. Today’s announcement from the Federal Reserve is expected to bring another round of quantitative easing to help the struggling labour market, whilst committing to keep interest rates at an all-time low until 2015. In an extremely busy day for the US, we will also hear economic projections and the Federal budget balance from the FOMC, whilst inflation data and figures showing the change in the number of people claiming unemployment benefits will also be announced. Lots happening, so get the latest update by calling in.
Elsewhere, the South African rand was by far the worst performing currency yesterday as investors lost confidence in the currency due to the unrest that is evident in the mining industry. The Swiss National Bank (SNB) meets today and this will be watched closely by investors as the Swiss franc has slowly started to weaken against the euro; furthermore, there have been rumours that the peg at EUR/CHF 1.20 may be raised to the 1.22 mark. Call in now for the latest news and a live quote.
xchange 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
GBP/USD - 1.6101
EUR/USD - 1.2910
GBP/AED - 5.9058
GBP/AUS - 1.5421
GBP/CAN - 1.5738
GBP/CHF - 1.5088
GBP/HKD - 12.4831
GBP/INR - 89.31
GBP/JPY - 125.16
GBP/NZD - 1.9632
GBP/SEK - 10.5810
GBP/ZAR - 13.4951
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 had a good day against the US dollar yesterday reaching 1.6125 and lost a little bit of ground against the euro following news surrounding the European Stability Mechanism (ESM) from Germany and in anticipation of today’s Federal Open Market Committee (FOMC) announcement. Data released yesterday showed that the number of people claiming unemployment benefits for last month had dropped by 15,000 which was positive, but, the overall unemployment rate had risen by 0.1%. With very little data out of the UK today, sterling’s relative strength will take its lead from news produced elsewhere and in particular the US. Call in now for the latest rates.
The euro performed well yesterday reaching fresh four month highs of 1.2930 against the US dollar following the news that the German Federal Constitutional Court had ruled in favour of the €500 billion support fund known as the European Stability Mechanism (ESM). However, as expected the court did implement conditions on this ruling where by it limited the Germans liability to €190 billion. Furthermore, it was only a preliminary ruling where the final decision is expected to be approved in December. It is due to be quiet day for economic data in Europe today; but, the chance for volatility remains high as the markets look to the US for influence, whilst continuing to attempt to digest what all the news of the past week actually means for the future of the Eurozone. Call in now for the latest news.
The US dollar continued to weaken against the euro and sterling yesterday in anticipation of FOMC announcement today, whilst absorbing news from Europe. Today’s announcement from the Federal Reserve is expected to bring another round of quantitative easing to help the struggling labour market, whilst committing to keep interest rates at an all-time low until 2015. In an extremely busy day for the US, we will also hear economic projections and the Federal budget balance from the FOMC, whilst inflation data and figures showing the change in the number of people claiming unemployment benefits will also be announced. Lots happening, so get the latest update by calling in.
Elsewhere, the South African rand was by far the worst performing currency yesterday as investors lost confidence in the currency due to the unrest that is evident in the mining industry. The Swiss National Bank (SNB) meets today and this will be watched closely by investors as the Swiss franc has slowly started to weaken against the euro; furthermore, there have been rumours that the peg at EUR/CHF 1.20 may be raised to the 1.22 mark. Call in now for the latest news and a live quote.
xchange 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
