GBP/EUR - 1.1687
GBP/USD - 1.5142
EUR/GBP - 0.8555
EUR/USD - 1.2948
GBP/AED - 5.5581
GBP/AUD - 1.5662
GBP/CAD - 1.5682
GBP/CHF - 1.4536
GBP/CNY - 9.28
GBP/HKD – 11.7482
GBP/HUF – 338.80
GBP/INR – 84.96
GBP/JPY – 152.38
GBP/NZD - 1.8678
GBP/RUB – 47.84
GBP/SEK – 10.0672
GBP/ZAR – 14.8421
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 mixed performance in currency market yesterday; weakening against European currencies and the Japanese yen but gained ground against the US dollar. The UK currency rose by around a cent against its stateside counterpart despite a release from the Confederation of British Industry detailing that retail sales had fallen at their fastest rate in 13 months in May. The UK economy continues to struggle with realised retail sales dropping markedly from -1 to -11 points against an expected gain of 4 points. Consumers seem to still be wary of using up expendable income and without public confidence and spending increasing the economy will find it difficult to recover. Call in today to monitor sterling's progress and price levels as markets anticipate the Bank of England's policy meeting next week.
Euro prices were characteristically volatile throughout yesterday, though the single currency saw strong gains against a weak US dollar – gaining around a cent. This was despite German unemployment figures emerging considerably worse than expected, though this was tempered by inflation figures exceeding expectations – good news for Europe's economic powerhouse after consumer confidence and manufacturing data has been positive for the country over recent weeks. Today is a relatively quiet day for the seventeen-nation currency, with only an Italian 10 year bond auction having any real potential to make an impact directly on price levels. The day is likely to be dominated by events elsewhere as the Eurozone continues to stall in its quest for economic recovery. Call in now to stay up to date with market movements and for a live quote.
The US dollar relinquished much of the ground it had made in the wake of Tuesday's strong Consumer Confidence news as it fell against most major counterparts throughout yesterday's trading. The US currency has risen 4% against the Japanese yen this month, and yesterday investors felt prompted to cash in on their profits; selling dollar for yen as a safe haven from weakness in equity markets and pressuring dollar value into a downward trajectory against most major currencies. The discussion over how soon the Federal Reserve will taper back their asset purchase programme however will be the key driver for dollar prices this week. Unemployment Claims reports from the US will be important tomorrow with its potential influence over monetary policy, along with preliminary growth figures for the US economy and Pending Home Sales data. With today carrying significant weight for economic news emanating from the US, call immediately for your trader's feedback on how the markets could react.
Elsewhere, the Japanese yen was a notably strong performer over yesterday's trading; rising against all of its major currency partners alongside a statement from the Governor of the Bank of Japan declaring that a stable financial grounding is vital for the country as the central bank pumps an unprecedented amount of stimulus into the economy. The government appears to be ready to do whatever it takes to get back on the road to growth, and yesterday investors flocked to the currency as refuge from a dip in equity markets and the US dollar being sold off. Elsewhere, the South African rand crumbled to four-year lows on speculation of US stimulus measures being reduced in the near future. The country's economy continues to suffer with worker protests and unrest at a local level causing a prolonged slump in the South African economy. Call in and speak to Smart today for the latest news and price levels in your currency pair.
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 - 1.5142
EUR/GBP - 0.8555
EUR/USD - 1.2948
GBP/AED - 5.5581
GBP/AUD - 1.5662
GBP/CAD - 1.5682
GBP/CHF - 1.4536
GBP/CNY - 9.28
GBP/HKD – 11.7482
GBP/HUF – 338.80
GBP/INR – 84.96
GBP/JPY – 152.38
GBP/NZD - 1.8678
GBP/RUB – 47.84
GBP/SEK – 10.0672
GBP/ZAR – 14.8421
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 mixed performance in currency market yesterday; weakening against European currencies and the Japanese yen but gained ground against the US dollar. The UK currency rose by around a cent against its stateside counterpart despite a release from the Confederation of British Industry detailing that retail sales had fallen at their fastest rate in 13 months in May. The UK economy continues to struggle with realised retail sales dropping markedly from -1 to -11 points against an expected gain of 4 points. Consumers seem to still be wary of using up expendable income and without public confidence and spending increasing the economy will find it difficult to recover. Call in today to monitor sterling's progress and price levels as markets anticipate the Bank of England's policy meeting next week.
Euro prices were characteristically volatile throughout yesterday, though the single currency saw strong gains against a weak US dollar – gaining around a cent. This was despite German unemployment figures emerging considerably worse than expected, though this was tempered by inflation figures exceeding expectations – good news for Europe's economic powerhouse after consumer confidence and manufacturing data has been positive for the country over recent weeks. Today is a relatively quiet day for the seventeen-nation currency, with only an Italian 10 year bond auction having any real potential to make an impact directly on price levels. The day is likely to be dominated by events elsewhere as the Eurozone continues to stall in its quest for economic recovery. Call in now to stay up to date with market movements and for a live quote.
The US dollar relinquished much of the ground it had made in the wake of Tuesday's strong Consumer Confidence news as it fell against most major counterparts throughout yesterday's trading. The US currency has risen 4% against the Japanese yen this month, and yesterday investors felt prompted to cash in on their profits; selling dollar for yen as a safe haven from weakness in equity markets and pressuring dollar value into a downward trajectory against most major currencies. The discussion over how soon the Federal Reserve will taper back their asset purchase programme however will be the key driver for dollar prices this week. Unemployment Claims reports from the US will be important tomorrow with its potential influence over monetary policy, along with preliminary growth figures for the US economy and Pending Home Sales data. With today carrying significant weight for economic news emanating from the US, call immediately for your trader's feedback on how the markets could react.
Elsewhere, the Japanese yen was a notably strong performer over yesterday's trading; rising against all of its major currency partners alongside a statement from the Governor of the Bank of Japan declaring that a stable financial grounding is vital for the country as the central bank pumps an unprecedented amount of stimulus into the economy. The government appears to be ready to do whatever it takes to get back on the road to growth, and yesterday investors flocked to the currency as refuge from a dip in equity markets and the US dollar being sold off. Elsewhere, the South African rand crumbled to four-year lows on speculation of US stimulus measures being reduced in the near future. The country's economy continues to suffer with worker protests and unrest at a local level causing a prolonged slump in the South African economy. Call in and speak to Smart today for the latest news and price levels in your currency pair.
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
