GBP/EUR 1.1832
GBP/USD 1.5479
EUR/GBP 0.8446
EUR/USD 1.308
GBP/AED 5.6854
GBP/AUD 1.4944
GBP/CAD 1.5658
GBP/CHF 1.4513
GBP/CNY 9.5436
GBP/HKD 12.0145
GBP/HUF 354.48
GBP/INR 83.961
GBP/JPY 151.4
GBP/NZD 1.8079
GBP/RUB 48.09
GBP/SEK 10.1537
GBP/THB 45.479
GBP/ZAR 13.92
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 had a strong start to the day, rising to a ten-week high against the US dollar as an industry report showed UK house prices to have increased for the first time to levels last seen before the recession. Come the afternoon and overnight sterling lost ground. Sterling still remains supported from last Thursday’s growth figures, a dampened expectation that the Bank of England will boost stimulus measures and a renewed optimism for small businesses to take advantage of the revamped Funding for Lending scheme. However the benefits have been short lived and sterling has lost short term momentum. Data released today includes the net lending levels to individuals and mortgage approvals figures. Call in now to see how sterling reacts and for a live price from the market.
The euro bounced back yesterday as Italy finally formed a new government and swore in new Prime Minister Enrico Letta – ending a nine week deadlock. Indeed a successful Italian 10-year bonds auction confirmed investors’ confidence in the new appointment. Though the prolonged recession across the Eurozone is likely to undermine the new government’s ability to implement effective reform as other countries become increasingly reliant on monetary support. Today’s main release is expected to show unemployment in the Eurozone has reached record high and will put further impetus on the ECB to cut interest rates at Thursdays meeting in order to give the Eurozone a well needed boost. Other notable releases today include Spanish GDP figures and German retail sales data, so be in touch to see if fixing a price now could help you hedge against price levels slipping.
The US dollar struggled yesterday as the markets anticipate that the Federal Bank will remain on its current monetary stimulus program come Thursdays central bank meeting. Data released yesterday showed a better than expected reading for the number of homes pending sale; however, Februarys figure was revised downwards painting a mixed picture in the housing market. Other reports yesterday showed personal spending slowing last month – in line with a recent slew of weak data coming from the US, as incomes increased less than forecast and inflation cooled to the lowest level in more than three years. Today sees the release of consumer confidence data which is expected to provide some better news at last. The US dollar remains weak after the disappointing first quarter GDP figures; but with a busy week ahead, the potential for volatility remains high. Call in for the latest developments and prices.
Elsewhere, the Polish zloty saw its best gains in three weeks ahead of the European Central Bank’s interest rate decision, indeed commodity backed currencies performed well yesterday with the South African rand and New Zealand particularly strong as the chances of an interest rate cut in Europe gathered pace and as analysts remain confident the US will maintain its stimulus program. The Canadian dollar rose to its highest level in two weeks yesterday against its US counterpart; buoyed by increasing prices for crude oil, the country’s largest export. Overnight we saw the release of business confidence data from New Zealand and later on today we have GDP data released from Canada which is currently expected to show growth of just 0.2%. Call in for feedback on market reactions and up-to-the second price levels.
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 quote form
GBP/USD 1.5479
EUR/GBP 0.8446
EUR/USD 1.308
GBP/AED 5.6854
GBP/AUD 1.4944
GBP/CAD 1.5658
GBP/CHF 1.4513
GBP/CNY 9.5436
GBP/HKD 12.0145
GBP/HUF 354.48
GBP/INR 83.961
GBP/JPY 151.4
GBP/NZD 1.8079
GBP/RUB 48.09
GBP/SEK 10.1537
GBP/THB 45.479
GBP/ZAR 13.92
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 had a strong start to the day, rising to a ten-week high against the US dollar as an industry report showed UK house prices to have increased for the first time to levels last seen before the recession. Come the afternoon and overnight sterling lost ground. Sterling still remains supported from last Thursday’s growth figures, a dampened expectation that the Bank of England will boost stimulus measures and a renewed optimism for small businesses to take advantage of the revamped Funding for Lending scheme. However the benefits have been short lived and sterling has lost short term momentum. Data released today includes the net lending levels to individuals and mortgage approvals figures. Call in now to see how sterling reacts and for a live price from the market.
The euro bounced back yesterday as Italy finally formed a new government and swore in new Prime Minister Enrico Letta – ending a nine week deadlock. Indeed a successful Italian 10-year bonds auction confirmed investors’ confidence in the new appointment. Though the prolonged recession across the Eurozone is likely to undermine the new government’s ability to implement effective reform as other countries become increasingly reliant on monetary support. Today’s main release is expected to show unemployment in the Eurozone has reached record high and will put further impetus on the ECB to cut interest rates at Thursdays meeting in order to give the Eurozone a well needed boost. Other notable releases today include Spanish GDP figures and German retail sales data, so be in touch to see if fixing a price now could help you hedge against price levels slipping.
The US dollar struggled yesterday as the markets anticipate that the Federal Bank will remain on its current monetary stimulus program come Thursdays central bank meeting. Data released yesterday showed a better than expected reading for the number of homes pending sale; however, Februarys figure was revised downwards painting a mixed picture in the housing market. Other reports yesterday showed personal spending slowing last month – in line with a recent slew of weak data coming from the US, as incomes increased less than forecast and inflation cooled to the lowest level in more than three years. Today sees the release of consumer confidence data which is expected to provide some better news at last. The US dollar remains weak after the disappointing first quarter GDP figures; but with a busy week ahead, the potential for volatility remains high. Call in for the latest developments and prices.
Elsewhere, the Polish zloty saw its best gains in three weeks ahead of the European Central Bank’s interest rate decision, indeed commodity backed currencies performed well yesterday with the South African rand and New Zealand particularly strong as the chances of an interest rate cut in Europe gathered pace and as analysts remain confident the US will maintain its stimulus program. The Canadian dollar rose to its highest level in two weeks yesterday against its US counterpart; buoyed by increasing prices for crude oil, the country’s largest export. Overnight we saw the release of business confidence data from New Zealand and later on today we have GDP data released from Canada which is currently expected to show growth of just 0.2%. Call in for feedback on market reactions and up-to-the second price levels.
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 quote form
