GBP/EUR - 1.2429
GBP/USD - 1.5982
EUR/GBP - 0.8048
EUR/USD - 1.2851
GBP/AED - 5.8712
GBP/AUD - 1.5642
GBP/CAD - 1.5651
GBP/CHF - 1.5049
GBP/HKD - 12.3962
GBP/INR - 84.78
GBP/JPY - 125.12
GBP/NZD - 1.9588
GBP/SEK - 10.7251
GBP/ZAR - 13.9534
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 has a mixed day yesterday, struggling against the safe haven currencies but performing fairly well elsewhere including nearly a one cent gain against the euro. The manufacturing industry took another blow as data released showed that production had fallen by 1.2%, a much bigger drop than the 0.7% fall that had been predicted. More negativity came as trade balance data released showed that the trade gap had widened by more than expected. On a more positive note, the National Institute of Economic and Social Research (NIESR) said that in the third quarter the UK had grown by 0.8% and suggested it would continue to grow but at a slower pace; however, this opinion differs from the International Monetary Fund (IMF) growth forecasts for the UK who now say the economy will shrink by 0.4% in 2012. There is very little data out of the UK today; but, with so much to digest over the last couple of days and the G7 meetings on Thursday the markets are expected to be on edge, so please call in now for the latest news and rates.
The euro was one of the worst performers yesterday as the President of the European Central Bank mirrored comments by the IMF suggesting that growth in Europe would be extremely sluggish. The German Chancellor also piled pressure on the Greek Prime Minister to meet the austerity measures it must adhere to for it to receive the next tranche of its bailout fund. It is a fairly quiet day in Europe today with the two main releases being the monthly change in industrial production for France and Italy, so call in now for the latest news and changes in the euro rate.
The US dollar was one of the best performing currencies yesterday, strengthening against most of its major counterparts except the Japanese yen which is another safe haven currency. Another relatively quiet day in the US with the exception of a benchmark 10-year bond auction and the Beige Book release which will reveal the state of the local economies from all 12 Federal Reserve Banks. Please call in now for the latest news and a live update.
Elsewhere, the South African rand was the best performing currency yesterday after some unions brought an end to their strikes. The Japanese yen also performed well as a safe haven currency. Overnight we had the release of consumer sentiment figures from Australia and early this morning the President of the Swiss National Bank was speaking and his words are always closely analysed by investors. 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 - 1.5982
EUR/GBP - 0.8048
EUR/USD - 1.2851
GBP/AED - 5.8712
GBP/AUD - 1.5642
GBP/CAD - 1.5651
GBP/CHF - 1.5049
GBP/HKD - 12.3962
GBP/INR - 84.78
GBP/JPY - 125.12
GBP/NZD - 1.9588
GBP/SEK - 10.7251
GBP/ZAR - 13.9534
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 has a mixed day yesterday, struggling against the safe haven currencies but performing fairly well elsewhere including nearly a one cent gain against the euro. The manufacturing industry took another blow as data released showed that production had fallen by 1.2%, a much bigger drop than the 0.7% fall that had been predicted. More negativity came as trade balance data released showed that the trade gap had widened by more than expected. On a more positive note, the National Institute of Economic and Social Research (NIESR) said that in the third quarter the UK had grown by 0.8% and suggested it would continue to grow but at a slower pace; however, this opinion differs from the International Monetary Fund (IMF) growth forecasts for the UK who now say the economy will shrink by 0.4% in 2012. There is very little data out of the UK today; but, with so much to digest over the last couple of days and the G7 meetings on Thursday the markets are expected to be on edge, so please call in now for the latest news and rates.
The euro was one of the worst performers yesterday as the President of the European Central Bank mirrored comments by the IMF suggesting that growth in Europe would be extremely sluggish. The German Chancellor also piled pressure on the Greek Prime Minister to meet the austerity measures it must adhere to for it to receive the next tranche of its bailout fund. It is a fairly quiet day in Europe today with the two main releases being the monthly change in industrial production for France and Italy, so call in now for the latest news and changes in the euro rate.
The US dollar was one of the best performing currencies yesterday, strengthening against most of its major counterparts except the Japanese yen which is another safe haven currency. Another relatively quiet day in the US with the exception of a benchmark 10-year bond auction and the Beige Book release which will reveal the state of the local economies from all 12 Federal Reserve Banks. Please call in now for the latest news and a live update.
Elsewhere, the South African rand was the best performing currency yesterday after some unions brought an end to their strikes. The Japanese yen also performed well as a safe haven currency. Overnight we had the release of consumer sentiment figures from Australia and early this morning the President of the Swiss National Bank was speaking and his words are always closely analysed by investors. 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
