GBP/EUR
- 1.2272
GBP/USD
- 1.6014
EUR/GBP
- 0.8140
EUR/USD
- 1.3034
GBP/AED
- 5.8761
GBP/AUD
- 1.5524
GBP/CAD
- 1.5902
GBP/CHF
- 1.4861
GBP/HKD
- 12.4098
GBP/INR
- 85.78
GBP/JPY
- 127.88
GBP/NZD
- 1.9602
GBP/SEK
- 10.5596
GBP/ZAR
- 13.8771
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
dropped to a six month low of 1.2245 against
the euro yesterday with increasing
confidence in the Eurozone following the regional Spanish elections. Against the US dollar sterling strengthened in
the morning only to weaken off in the afternoon. Data showing the number of new
UK mortgage approvals
in the last month will be released first thing this morning. The main focus though
will be on the speech given by the Governor of the Bank of England this evening
as investors look for indication of future monetary policy decisions from the
Bank of England. So please call in for a price and to discuss the markets with
your trader.
The
euro performed strongly across the board yesterday as a better than expected
result for the incumbent Prime Minister in Spanish local elections added some certainty to Spain's presence in the Eurozone, and investors reacted
accordingly. Sentiment was boosted further as the French President announced
that he and the German Chancellor consider Ireland to be a special case and are
seeking a deal on its bank debt, compounding the effect of this weekend's
announcement on a single bank supervisor. There is very little data out in
Europe today except business climate figures from Belgium. Expect the markets to remain jittery in the lead
up to Wednesday’s busy agenda which includes the ECB President’s speech and
manufacturing and services Purchasing Managers' Index (PMI) figures. Call in
now for the latest news and changes in the euro rate.
The
US dollar has a mixed day yesterday, remaining fairly range bound against
sterling and the euro as risk appetite increased. There is very little out in
the way of data in the US today; but, as always the US dollar will fluctuate
due to its safe haven status as risk sentiment changes in the global market.
Please call in now for the latest news and a live update.
Elsewhere,
the big mover yesterday was the Japanese yen, losing ground against all of its
major trading partners. The Japanese currency slid on the back of the weakest
exports since 2011, with the economic minister suggesting that more Central
Bank stimulus may be required to boost the economy. The Canadian Dollar
continued to struggle, and much focus will be on today's policy meeting, where
the Bank of Canada are expected to place less emphasis on a potential rise in
interest rates. Other data released from Canada this week includes retail sales
figures, whilst the Bank of Canada will release its report on monetary policy
as well as giving a press conference. There was better news for the South
African rand yesterday, gaining versus all of its major peers, as foreign
investors resumed the purchase of the country's bonds. 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
