GBP/EUR - 1.2363
GBP/USD - 1.6216
EUR/USD - 1.3117
GBP/AED - 5.9574
GBP/AUD - 1.5412
GBP/CAD - 1.5750
GBP/CHF - 1.5024
GBP/HKD - 12.5741
GBP/INR – 87.60
GBP/JPY – 127.00
GBP/NZD - 1.9586
GBP/SEK - 10.6603
GBP/ZAR - 13.3867
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
On Friday risk sentiment remained largely unchanged and sterling continued to follow its weekly trend weakening against the euro, dropping as low as 1.2325 at one stage, and strengthening against the US dollar peaking at 1.6250. This week the main release will be the Monetary Policy Committee (MPC) meeting minutes on Wednesday as investors look for clues to see if and when the central bank may look to loosen monetary policy further. Data to be released includes retails sales figures, public sector net borrowing statistics and the Bank of England inflation letter will also be published. Call in now for the latest rates.
The euro continued to perform well on Friday reaching 1.3125 against the US dollar as investors confidence has grown for the single currency following last week’s news that the German Federal Constitutional Court had ruled in favour of the €500 billion support fund. Inflation data released on Friday was slightly lower than anticipated and then the focus moved to the Economic and Financial Affairs Council (ECOFIN) and Europgroup meetings on Friday and Saturday respectively where the amount of financial aide to be given to Cyprus was one of the main topics on the agenda. This week, some of the main releases are the German economic confidence figures and the euro-area wide manufacturing and services Purchasing Managers' Index (PMI) figures. There is also a Spanish 10 year Bond Auction and the President of the European Central Bank (ECB) is also speaking. So a busy week - call in now for the latest news.
The US dollar continued to weaken against the majority of currencies on Friday as risk appetite drove the market following the announcement of a third round of quantitative easing from the Federal Open Market Committee (FOMC) on Thursday. Retail sales figures released were better than expected as was consumer confidence; but, the level of inflation was marginally lower than economists originally anticipated. Out this week we have two sets of significant housing data, the change in the number of new people claiming unemployment benefits and economic confidence from the manufacturing sector will also be announced. Get the latest news by calling in.
Elsewhere, the Japanese yen struggled on Friday as investors start to speculate that this week’s Bank of Japan’s monetary policy statement may include additional central bank intervention in an attempt to shore up the state of the economy. In addition, the latest monetary policy meeting minutes from the Reserve Bank of Australia (RBA) will be announced, trade balance data and GDP figures from New Zealand will be released and Chinese manufacturing PMI is also on the agenda. 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
GBP/USD - 1.6216
EUR/USD - 1.3117
GBP/AED - 5.9574
GBP/AUD - 1.5412
GBP/CAD - 1.5750
GBP/CHF - 1.5024
GBP/HKD - 12.5741
GBP/INR – 87.60
GBP/JPY – 127.00
GBP/NZD - 1.9586
GBP/SEK - 10.6603
GBP/ZAR - 13.3867
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
On Friday risk sentiment remained largely unchanged and sterling continued to follow its weekly trend weakening against the euro, dropping as low as 1.2325 at one stage, and strengthening against the US dollar peaking at 1.6250. This week the main release will be the Monetary Policy Committee (MPC) meeting minutes on Wednesday as investors look for clues to see if and when the central bank may look to loosen monetary policy further. Data to be released includes retails sales figures, public sector net borrowing statistics and the Bank of England inflation letter will also be published. Call in now for the latest rates.
The euro continued to perform well on Friday reaching 1.3125 against the US dollar as investors confidence has grown for the single currency following last week’s news that the German Federal Constitutional Court had ruled in favour of the €500 billion support fund. Inflation data released on Friday was slightly lower than anticipated and then the focus moved to the Economic and Financial Affairs Council (ECOFIN) and Europgroup meetings on Friday and Saturday respectively where the amount of financial aide to be given to Cyprus was one of the main topics on the agenda. This week, some of the main releases are the German economic confidence figures and the euro-area wide manufacturing and services Purchasing Managers' Index (PMI) figures. There is also a Spanish 10 year Bond Auction and the President of the European Central Bank (ECB) is also speaking. So a busy week - call in now for the latest news.
The US dollar continued to weaken against the majority of currencies on Friday as risk appetite drove the market following the announcement of a third round of quantitative easing from the Federal Open Market Committee (FOMC) on Thursday. Retail sales figures released were better than expected as was consumer confidence; but, the level of inflation was marginally lower than economists originally anticipated. Out this week we have two sets of significant housing data, the change in the number of new people claiming unemployment benefits and economic confidence from the manufacturing sector will also be announced. Get the latest news by calling in.
Elsewhere, the Japanese yen struggled on Friday as investors start to speculate that this week’s Bank of Japan’s monetary policy statement may include additional central bank intervention in an attempt to shore up the state of the economy. In addition, the latest monetary policy meeting minutes from the Reserve Bank of Australia (RBA) will be announced, trade balance data and GDP figures from New Zealand will be released and Chinese manufacturing PMI is also on the agenda. 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
