GBP/EUR - 1.2409
GBP/USD - 1.6243
EUR/USD - 1.3089
GBP/AED - 5.9668
GBP/AUD - 1.5541
GBP/CAD - 1.5836
GBP/CHF - 1.5063
GBP/HKD - 12.5920
GBP/INR – 87.99
GBP/JPY – 127.73
GBP/NZD - 1.9645
GBP/SEK - 10.7139
GBP/ZAR - 13.4092
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 one of the best performing currencies yesterday, steadily recovering from its 2 month low versus the euro on Friday and reaching fresh highs of 1.6270 against the US dollar. This favourable movement for sterling came despite house pricing data being released which showed the average price of homes for sale was 0.6% less than last month. Inflation data released this morning will be closely watched by investors and is expected to show that the price of good and services has increased by 2.5% from last year. The markets continue to be unsettled so call in now for the latest rates.
The euro performed relatively well yesterday and sterling was the only major currency it lost ground to despite Spanish bond yield pushing back towards the 6% level. Ministers across Europe yesterday were trying to come to an agreement with regards to the make-up of the proposed banking union, but, it appears that the Germans and French disagree on which banks should be under supervision. Euro zone trade balance and current account figures released missed market expectations showing the trade surplus had narrowed by more than anticipated. German and other euro zone economic confidence figures will be the main release on the agenda today on what is otherwise expected to be a relatively quiet day; so, call in now for the latest news
The US dollar slowly started to recover from its sharp sell off last week and strengthened against most major currencies yesterday, but, it traded flat against the euro and lost ground against sterling. On the data front, the US empire state manufacturing index showed economic conditions had worsened by much more than initially predicted highlighting why the Federal Reserve had put in place its rolling program of quantitative easing. Current account figures and statistics depicting the overseas demand for US securities are announced today. Get the latest news by calling in.
Elsewhere, the Japanese yen continued to be sold off in advance of the central bank meeting on Wednesday, whilst the Polish zloty, Hungarian forint and Czech koruna were also particularly weak. Overnight, the Reserve Bank of Australia (RBA) released its latest monetary policy meeting minutes which investors pay close attention to in the hope of finding clues to what course of action the central bank may look to take next. Throughout the rest of the day there is not a great deal of significant data released; but, late this evening current account figures from New Zealand 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
GBP/USD - 1.6243
EUR/USD - 1.3089
GBP/AED - 5.9668
GBP/AUD - 1.5541
GBP/CAD - 1.5836
GBP/CHF - 1.5063
GBP/HKD - 12.5920
GBP/INR – 87.99
GBP/JPY – 127.73
GBP/NZD - 1.9645
GBP/SEK - 10.7139
GBP/ZAR - 13.4092
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 one of the best performing currencies yesterday, steadily recovering from its 2 month low versus the euro on Friday and reaching fresh highs of 1.6270 against the US dollar. This favourable movement for sterling came despite house pricing data being released which showed the average price of homes for sale was 0.6% less than last month. Inflation data released this morning will be closely watched by investors and is expected to show that the price of good and services has increased by 2.5% from last year. The markets continue to be unsettled so call in now for the latest rates.
The euro performed relatively well yesterday and sterling was the only major currency it lost ground to despite Spanish bond yield pushing back towards the 6% level. Ministers across Europe yesterday were trying to come to an agreement with regards to the make-up of the proposed banking union, but, it appears that the Germans and French disagree on which banks should be under supervision. Euro zone trade balance and current account figures released missed market expectations showing the trade surplus had narrowed by more than anticipated. German and other euro zone economic confidence figures will be the main release on the agenda today on what is otherwise expected to be a relatively quiet day; so, call in now for the latest news
The US dollar slowly started to recover from its sharp sell off last week and strengthened against most major currencies yesterday, but, it traded flat against the euro and lost ground against sterling. On the data front, the US empire state manufacturing index showed economic conditions had worsened by much more than initially predicted highlighting why the Federal Reserve had put in place its rolling program of quantitative easing. Current account figures and statistics depicting the overseas demand for US securities are announced today. Get the latest news by calling in.
Elsewhere, the Japanese yen continued to be sold off in advance of the central bank meeting on Wednesday, whilst the Polish zloty, Hungarian forint and Czech koruna were also particularly weak. Overnight, the Reserve Bank of Australia (RBA) released its latest monetary policy meeting minutes which investors pay close attention to in the hope of finding clues to what course of action the central bank may look to take next. Throughout the rest of the day there is not a great deal of significant data released; but, late this evening current account figures from New Zealand 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
