GBP/EUR - 1.1711
GBP/USD - 1.5666
EUR/GBP - 0.8537
EUR/USD - 1.3377
GBP/AED - 5.7538
GBP/AUD - 1.651
GBP/CAD - 1.599
GBP/CHF - 1.4332
GBP/CNY - 9.6197
GBP/HKD - 12.165
GBP/HUF - 347.83
GBP/INR - 91.427
GBP/JPY - 147.54
GBP/NZD - 1.9705
GBP/RUB - 50.7155
GBP/SEK - 10.19
GBP/THB - 48.415
GBP/ZAR - 15.8
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
A day of two halves for sterling yesterday, gaining nearly half a cent in the first two hours of trading as employment figures exceeded expectations. Markets reacted positively to the news, driving sterling briefly through the 1.18 mark against the euro. The momentum remained with sterling through the day against the US dollar, but it couldn't hold on to its gains against the euro, slipping back to the 1.175 levels. Today the excitement will come from elsewhere in the world as little news is expected from the UK. The key question will be, can sterling keep climbing against the US dollar - call your trader now to find out.
The euro experienced greater volatility yesterday in what was one of the more eventful days of the week. Following the better than expected UK employment data the euro weakened initially against sterling but pulled back later in the day. By the end of the day the single currency had marginally strengthened against the US dollar, despite a more shaky performance early in the day. The seventeen-nation currency may have been given a boost following the release of better than expected Eurozone industrial production figures, which showed a modest increase. The ECB monthly bulletin, which reveals the statistical basis of the Central Bank's most recent interest rate decision, is released today and may give some further insight into the economic state of the Eurozone. Call in now to stay up to date with market news and for a live rate.
The US dollar had a bad day losing ground across the board. For emerging market currencies such as the South African rand and the Indian rupee this seems to have been a “correction” following the significant gains made by the US dollar over the previous two days. Worries over when the Federal Reserve will discontinue their bond buying programme were the driver for the previous day’s gains. Elsewhere there was a continuance of the short term trend of US dollar weakness. Today we have the release of US retail sales figures which should give further insight into the state of the US economy and the likelihood of a reduction in the bond buying programme. Call in to see how the US dollar is faring today.
Elsewhere, the South African Rand had a very poor day yesterday against sterling. After having been weakening fairly consistently over previous months due to a variety of global factors, the strong employment data out of the UK exacerbated the rand weakness, resulting in the lowest levels rand has seen against the pound since 2008. Yesterday we also saw the Australian dollar rebound from the 3-year lows we saw on Monday. The gains were down to better-than-forecast consumer confidence data showing a slight recovery in June. The Japanese yen had a difficult start to the day, falling against all of its 16 major counterparts amid rumours of further monetary stimulus from the Bank of Japan; however, we did see the yen recover slightly against the US dollar towards the end of the day. In New Zealand interest rates were kept on hold and the expectation is that they will be kept on hold for the rest of the year. Get in touch to see how the markets respond.
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 - 1.5666
EUR/GBP - 0.8537
EUR/USD - 1.3377
GBP/AED - 5.7538
GBP/AUD - 1.651
GBP/CAD - 1.599
GBP/CHF - 1.4332
GBP/CNY - 9.6197
GBP/HKD - 12.165
GBP/HUF - 347.83
GBP/INR - 91.427
GBP/JPY - 147.54
GBP/NZD - 1.9705
GBP/RUB - 50.7155
GBP/SEK - 10.19
GBP/THB - 48.415
GBP/ZAR - 15.8
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
A day of two halves for sterling yesterday, gaining nearly half a cent in the first two hours of trading as employment figures exceeded expectations. Markets reacted positively to the news, driving sterling briefly through the 1.18 mark against the euro. The momentum remained with sterling through the day against the US dollar, but it couldn't hold on to its gains against the euro, slipping back to the 1.175 levels. Today the excitement will come from elsewhere in the world as little news is expected from the UK. The key question will be, can sterling keep climbing against the US dollar - call your trader now to find out.
The euro experienced greater volatility yesterday in what was one of the more eventful days of the week. Following the better than expected UK employment data the euro weakened initially against sterling but pulled back later in the day. By the end of the day the single currency had marginally strengthened against the US dollar, despite a more shaky performance early in the day. The seventeen-nation currency may have been given a boost following the release of better than expected Eurozone industrial production figures, which showed a modest increase. The ECB monthly bulletin, which reveals the statistical basis of the Central Bank's most recent interest rate decision, is released today and may give some further insight into the economic state of the Eurozone. Call in now to stay up to date with market news and for a live rate.
The US dollar had a bad day losing ground across the board. For emerging market currencies such as the South African rand and the Indian rupee this seems to have been a “correction” following the significant gains made by the US dollar over the previous two days. Worries over when the Federal Reserve will discontinue their bond buying programme were the driver for the previous day’s gains. Elsewhere there was a continuance of the short term trend of US dollar weakness. Today we have the release of US retail sales figures which should give further insight into the state of the US economy and the likelihood of a reduction in the bond buying programme. Call in to see how the US dollar is faring today.
Elsewhere, the South African Rand had a very poor day yesterday against sterling. After having been weakening fairly consistently over previous months due to a variety of global factors, the strong employment data out of the UK exacerbated the rand weakness, resulting in the lowest levels rand has seen against the pound since 2008. Yesterday we also saw the Australian dollar rebound from the 3-year lows we saw on Monday. The gains were down to better-than-forecast consumer confidence data showing a slight recovery in June. The Japanese yen had a difficult start to the day, falling against all of its 16 major counterparts amid rumours of further monetary stimulus from the Bank of Japan; however, we did see the yen recover slightly against the US dollar towards the end of the day. In New Zealand interest rates were kept on hold and the expectation is that they will be kept on hold for the rest of the year. Get in touch to see how the markets respond.
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
