GBP/EUR - 1.2401
GBP/USD - 1.6042
EUR/GBP - 0.8061
EUR/USD - 1.2936
GBP/AED - 5.8924
GBP/AUD - 1.5480
GBP/CAD - 1.6057
GBP/CHF - 1.4996
GBP/HKD - 12.4372
GBP/INR - 86.63
GBP/JPY - 127.42
GBP/NZD - 1.9530
GBP/SEK - 10.7112
GBP/ZAR - 13.9235
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
Sterling struggled yesterday following comments from the Bank of England's chief economist who suggested that the UK’s fourth quarter GDP figures would be significantly lower than the previous quarter, citing the Olympics as the leading factor in the third quarter’s positive release. The UK Consumer Price Index (CPI) inflation data will be released today and is expected to reinforce the UK's status as a semi-safe haven currency, potentially strengthening its position against the euro. Please call in for the latest rates and to discuss your requirements with your trader.
The euro struggled today as markets sought to correct risk; traders heading for safer havens of the Japanese yen and US dollar. The euro touched a three week low against the US dollar as fresh questions were posed about a Spanish bailout as the Spanish Prime Minister met his Italian counterpart, and as the German Finance Minister rejected further debt restructuring for Greece. Furthermore, Spanish retails sales data that was released showed a sharp drop which pushed the euro weaker still. The President of the European Central Bank’s is due to speak again today and his comments often cause volatility and create sharp swings in price if any comments of significance are made. Also today we have a benchmark 10-year Italian bond auction. Call in now for the latest news and changes in the euro rate.
The US dollar strengthened yesterday as risk aversion drove the market following the news that the New York Stock Exchange (NYSE) had shut for the first time since the 9/11 attack due to the fast approaching hurricane Sandy. The impact of the so called 'Frankenstorm storm' has been predicted to affect the lives of 50 million Americans and inflict billions of dollars' worth of damage. Moreover, the bad weather is expected to have an effect on the US Presidential elections with 35% of undecided voters saying that bad weather will impact their decision to head to the polls. Consumer confidence figures released today is expected to be the only major announcement in the US and with the NYSE shut you can expect trading volumes to be much lower than normal. Get the latest news by calling in.
Elsewhere, the Hungarian forint was the worst performing currency yesterday as negotiations stalled between Hungary’s chief negotiator and the Troika with regards to a potential bail out. The Japanese yen also performed well yesterday in a risk adverse market and in anticipation of this morning’s central bank announcement. 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
GBP/USD - 1.6042
EUR/GBP - 0.8061
EUR/USD - 1.2936
GBP/AED - 5.8924
GBP/AUD - 1.5480
GBP/CAD - 1.6057
GBP/CHF - 1.4996
GBP/HKD - 12.4372
GBP/INR - 86.63
GBP/JPY - 127.42
GBP/NZD - 1.9530
GBP/SEK - 10.7112
GBP/ZAR - 13.9235
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
Sterling struggled yesterday following comments from the Bank of England's chief economist who suggested that the UK’s fourth quarter GDP figures would be significantly lower than the previous quarter, citing the Olympics as the leading factor in the third quarter’s positive release. The UK Consumer Price Index (CPI) inflation data will be released today and is expected to reinforce the UK's status as a semi-safe haven currency, potentially strengthening its position against the euro. Please call in for the latest rates and to discuss your requirements with your trader.
The euro struggled today as markets sought to correct risk; traders heading for safer havens of the Japanese yen and US dollar. The euro touched a three week low against the US dollar as fresh questions were posed about a Spanish bailout as the Spanish Prime Minister met his Italian counterpart, and as the German Finance Minister rejected further debt restructuring for Greece. Furthermore, Spanish retails sales data that was released showed a sharp drop which pushed the euro weaker still. The President of the European Central Bank’s is due to speak again today and his comments often cause volatility and create sharp swings in price if any comments of significance are made. Also today we have a benchmark 10-year Italian bond auction. Call in now for the latest news and changes in the euro rate.
The US dollar strengthened yesterday as risk aversion drove the market following the news that the New York Stock Exchange (NYSE) had shut for the first time since the 9/11 attack due to the fast approaching hurricane Sandy. The impact of the so called 'Frankenstorm storm' has been predicted to affect the lives of 50 million Americans and inflict billions of dollars' worth of damage. Moreover, the bad weather is expected to have an effect on the US Presidential elections with 35% of undecided voters saying that bad weather will impact their decision to head to the polls. Consumer confidence figures released today is expected to be the only major announcement in the US and with the NYSE shut you can expect trading volumes to be much lower than normal. Get the latest news by calling in.
Elsewhere, the Hungarian forint was the worst performing currency yesterday as negotiations stalled between Hungary’s chief negotiator and the Troika with regards to a potential bail out. The Japanese yen also performed well yesterday in a risk adverse market and in anticipation of this morning’s central bank announcement. 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
