Posted February 22nd, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1914
US$/GBP – 1.57708
CHF/GBP – 1.4387
CAN$/GBP – 1.5721
AUS$/GBP – 1.4795
ZAR/GBP – 12.1883
JPY/GBP – 126.431
HKD/GBP – 12.2298
NZD/GBP – 1.8930
SEK/GBP – 10.481
AED/GBP – 5.7923
US$/EURO – 1.3231
INR/GBP – 77.62
To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form
Yesterday, the markets sought to digest the news that the €130 billion bailout for Greece had finally been signed. The deal which was confirmed early on Tuesday morning resulted in a fairly volatile day with sterling finishing the day weaker against the euro. The UK’s public sector net borrowing figures came in better than the markets had anticipated showing the biggest budget surplus in four years. The surplus was a result of higher than expected tax receipts in January and the suggestion is that the UK will beat its own targets to cut the national deficit. Out today the Bank of England monetary policy committee meeting minutes will provide details on how the members voted on both the interest rate decision and the asset purchase facility which resulted in the injection of another £50 billion into the UK’s economy. Call in now for the latest update and the latest news.
Following the announcement that the Euro zone had agreed the second Greek bail out there was knee jerk reaction in favour of the euro; however, the trend lost momentum throughout the day. Some important points from the deal include the requirement for Greece to reduce its debt to 120.5% of GDP by 2020 from over 164% where it currently stan ds. Private sector investors were also expected to occur loses of 53.5% on the Greek bonds they held. Moreover, the 3 year loan package of €130 billion is dependent on the conditions set out being met on an on-going basis otherwise later tranches will be withheld. This saga is far from over. With regards to actual data releases yesterday, the Euro zone consumer confidence figures came in as expected. Out today the main data released is the French, German and Euro-wide manufacturing and services Purchasing Managers Index (PMI). Call in now for the latest update and the latest news.
There was very little data out in the US yesterday; but, US equities were buoyed by the announcement that Greece had signed its second bailout package .The main release today is the existing home sales which is expected to show a slight increase in the number of residential buildings that were sold during the previous month. Call in now for the latest update and the latest news.
Elsew here, the Australian dollar fell shortly after the central bank released its minutes which included the suggestion that the bank would still consider cutting interest rates if demand conditions weakened. Switzerland’s trade balance figures were announced yesterday which were worse than expected. Moreover, Canada’s retail sales were also lower than anticipated. The main release today is the Purchasing Managers Index (PMI) data from China released first thing in the morning. Call in now for the latest update and the latest news.
To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form
Topic: Currency Exchange, Currency Rates, Euro, Pound, Smart Currency Exchange, Sterling, US Dollar, USD, euro zone
Posted February 21st, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1965 US$/GBP – 1.5858 CHF/GBP – 1.4444 CAN$/GBP – 1.5754 AUS$/GBP – 1.4794 ZAR/GBP – 12.1499 JPY/GBP – 126.585 HKD/GBP – 12.2972 NZD/GBP – 1.8940 SEK/GBP – 10.551 AED/GBP – 5.8243 US$/EURO – 1.3238 INR/GBP – 78.00 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 20th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.2015 US$/GBP – 1.5850 CHF/GBP – 1.4520 CAN$/GBP – 1.5754 AUS$/GBP – 1.4742 ZAR/GBP – 12.2028 JPY/GBP – 125.810 HKD/GBP – 12.2896 NZD/GBP – 1.8920 SEK/GBP – 10.625 AED/GBP – 5.8214 US$/EURO – 1.3185 INR/GBP – 78.12 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 17th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.2026 US$/GBP – 1.5810 CHF/GBP – 1.4523 CAN$/GBP – 1.5740 AUS$/GBP – 1.4679 ZAR/GBP – 12.2689 JPY/GBP – 124.99 HKD/GBP – 12.2530 NZD/GBP – 1.8895 SEK/GBP – 10.6090 AED/GBP – 5.8040 US$/EURO – 1.3138 INR/GBP – 77.69 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 16th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.2040 US$/GBP – 1.5688 CHF/GBP – 1.4538 CAN$/GBP – 1.5712 AUS$/GBP – 1.4678 ZAR/GBP – 12.2076 JPY/GBP – 123.259 HKD/GBP – 12.1646 NZD/GBP – 1.8945 SEK/GBP – 10.5664 AED/GBP – 5.7589 US$/EURO – 1.3024 INR/GBP – 77.43 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 15th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1936 US$/GBP – 1.5721 CHF/GBP – 1.4414 CAN$/GBP – 1.5648 AUS$/GBP – 1.4636 ZAR/GBP – 12.0868 JPY/GBP – 123.36 HKD/GBP – 12.1874 NZD/GBP – 1.8762 SEK/GBP – 10.4795 AED/GBP – 5.7712 US$/EURO – 1.3160 INR/GBP – 77.45 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 14th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1951 US$/GBP – 1.5716 CHF/GBP – 1.4443 CAN$/GBP – 1.5741 AUS$/GBP – 1.4716 ZAR/GBP – 12.1588 JPY/GBP – 122.54 HKD/GBP – 12.1912 NZD/GBP – 1.8939 SEK/GBP – 10.5028 AED/GBP – 5.7734 US$/EURO – 1.3152 INR/GBP – 77.46 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 13th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1918 US$/GBP – 1.5802 CHF/GBP – 1.4410 CAN$/GBP – 1.5780 AUS$/GBP – 1.4691 ZAR/GBP – 12.1086 JPY/GBP – 122.76 HKD/GBP – 12.2518 NZD/GBP – 1.8901 SEK/GBP – 10.4895 AED/GBP – 5.8034 US$/EURO – 1.3256 INR/GBP – 77.68 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 10th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1916 US$/GBP – 1.5808 CHF/GBP – 1.4426 CAN$/GBP – 1.5784 AUS$/GBP – 1.4792 ZAR/GBP – 12.1420 JPY/GBP – 122.68 HKD/GBP – 12.2576 NZD/GBP – 1.9075 SEK/GBP – 10.521 AED/GBP – 5.8014 US$/EURO – 1.3252 INR/GBP – 78.51 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted February 9th, 2012 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1924 US$/GBP – 1.5842 CHF/GBP – 1.4432 CAN$/GBP – 1.5767 AUS$/GBP – 1.4654 ZAR/GBP – 11.991 JPY/GBP – 122.28 HKD/GBP – 12.2834 NZD/GBP – 1.8945 SEK/GBP – 10.5321 AED/GBP – 5.8116 US$/EURO – 1.3280 INR/GBP – 78.12 For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
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