GBP/EUR - 1.2304
GBP/USD - 1.5983
EUR/GBP - 0.8126
EUR/USD - 1.2991
GBP/AED - 5.867
GBP/AUD - 1.5492
GBP/CAD - 1.5838
GBP/CHF - 1.4891
GBP/HKD - 12.3881
GBP/INR - 86.49
GBP/JPY - 127.56
GBP/NZD - 1.9652
GBP/SEK - 10.617
GBP/ZAR - 13.964
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 mixed day yesterday, strengthening against a range of currencies due to its status as a safer haven than the “riskier” high yielding currencies; but, weakened off against the more traditional safe haven assets of the US dollar and Japanese yen. Sterling’s drop against the US dollar took it down to a six week low to of 1.5925 in the lead up to the US election and with so much continued uncertainty surrounding Europe. It is another quiet day on the data front for the UK; but, with so much data released across the rest of the world the probability for volatility remains high. So please call in for a price and to discuss the markets with your trader.
The euro struggled across the board yesterday as Monday's positive sentiment ebbed away following the news that Moody's (one of the big three credit rating agencies) downgraded five of Spain's regions, including Catalonia, due to a lack of funds in the local governments. Furthermore, the Bank of Spain said that the Governments budget plans for 2012 were ambitious given that the Spanish economy had contracted by 0.4% in the last quarter and for the fifth quarter in a row. French and German manufacturing and services data released this morning are key indicators of economic health, and strong results, particularly for Germany, should boost the euro. Later, we could see more volatility as the markets wait on a speech from the European Central Bank President where traders will react to any hints to future monetary policy. Call in now for the latest news and changes in the euro rate.
The US dollar was one of the stand out performers yesterday, strengthening against most of the other majors as risk aversion drove the market, in part as a result of companies releasing financial reports below analyst estimates, highlighting the US dollar's safe haven status. The markets hope to see some strong data coming out of the US today with the new home sales figures being released and a statement from the Federal Open Market Committee (FOMC) regarding the vote on interest rates and commentary about economic conditions. Please call in now for the latest news and a live update.
Elsewhere, for a second consecutive day, the big mover was the Japanese yen; rebounding strongly against most major counterparts as the release of weaker than expected global economic data sapped risk appetite. Elsewhere, the Canadian dollar also rallied, as the Bank of Canada's policy statement suggested that an interest rate hike is becoming increasingly likely. Today sees the Bank of Canada release the monetary policy report, followed by a press conference which should give clearer indication on potential future monetary policy. The South African rand had a less favourable day, weakening to a one-week low against the US dollar as declining metal prices dampened the nation's expected income from exports. Overnight, we saw the release of key inflation data from Australia and Chinese manufacturing data. 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 - 1.5983
EUR/GBP - 0.8126
EUR/USD - 1.2991
GBP/AED - 5.867
GBP/AUD - 1.5492
GBP/CAD - 1.5838
GBP/CHF - 1.4891
GBP/HKD - 12.3881
GBP/INR - 86.49
GBP/JPY - 127.56
GBP/NZD - 1.9652
GBP/SEK - 10.617
GBP/ZAR - 13.964
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 mixed day yesterday, strengthening against a range of currencies due to its status as a safer haven than the “riskier” high yielding currencies; but, weakened off against the more traditional safe haven assets of the US dollar and Japanese yen. Sterling’s drop against the US dollar took it down to a six week low to of 1.5925 in the lead up to the US election and with so much continued uncertainty surrounding Europe. It is another quiet day on the data front for the UK; but, with so much data released across the rest of the world the probability for volatility remains high. So please call in for a price and to discuss the markets with your trader.
The euro struggled across the board yesterday as Monday's positive sentiment ebbed away following the news that Moody's (one of the big three credit rating agencies) downgraded five of Spain's regions, including Catalonia, due to a lack of funds in the local governments. Furthermore, the Bank of Spain said that the Governments budget plans for 2012 were ambitious given that the Spanish economy had contracted by 0.4% in the last quarter and for the fifth quarter in a row. French and German manufacturing and services data released this morning are key indicators of economic health, and strong results, particularly for Germany, should boost the euro. Later, we could see more volatility as the markets wait on a speech from the European Central Bank President where traders will react to any hints to future monetary policy. Call in now for the latest news and changes in the euro rate.
The US dollar was one of the stand out performers yesterday, strengthening against most of the other majors as risk aversion drove the market, in part as a result of companies releasing financial reports below analyst estimates, highlighting the US dollar's safe haven status. The markets hope to see some strong data coming out of the US today with the new home sales figures being released and a statement from the Federal Open Market Committee (FOMC) regarding the vote on interest rates and commentary about economic conditions. Please call in now for the latest news and a live update.
Elsewhere, for a second consecutive day, the big mover was the Japanese yen; rebounding strongly against most major counterparts as the release of weaker than expected global economic data sapped risk appetite. Elsewhere, the Canadian dollar also rallied, as the Bank of Canada's policy statement suggested that an interest rate hike is becoming increasingly likely. Today sees the Bank of Canada release the monetary policy report, followed by a press conference which should give clearer indication on potential future monetary policy. The South African rand had a less favourable day, weakening to a one-week low against the US dollar as declining metal prices dampened the nation's expected income from exports. Overnight, we saw the release of key inflation data from Australia and Chinese manufacturing data. 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
