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Posted October 16th, 2009 by Charles Purdy

Smart Daily Currency Note – 16th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 16th October 2009
 

Currency

Rate

EURO

1.091

US$

1.628

CHF

1.655

CAN$

1.682

AUS$

1.767

Comments: A better day for sterling. Recent comments from members of the Bank of England monetary policy committee have been positive towards the effectiveness of their quantitative easing programme. They also acknowledged the need to remove this huge stimulus before it leads to inflation exceeding the 2% target. In the US the consumer price index showed neither inflation of deflation were current risks – all things being equal neutral result at this stage is a “good” result.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 



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Posted October 15th, 2009 by Charles Purdy

Smart Daily Currency Note – 15th Ocotber 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 15th October 2009
 

Currency

Rate

EURO

1.078

US$

1.611

CHF

1.633

CAN$

1.647

AUS$

1.749

Comments: Unemployment in the UK fell for the first time in eighteen months. This was a surprise and clearly positive. One of the factors that has helped in keeping joblessness from rising too quickly is the Bank of England’s action in pumping billions into the UK economy. In the US we had positive company results from Intel and JP Morgan. In the world of commodities we had increasing imports into China and the report of increasing commodity prices. This was negative for the US$ as in times of positive news it loses its safe haven status. We also had the minutes of the last Federal Reserve meeting released which confirmed that interest rates will be kept low for a while.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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Posted October 14th, 2009 by Charles Purdy

Smart Daily Currency Note – 14th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 14th October 2009
 

Currency

Rate

EURO

1.071

US$

1.595

CHF

1.626

CAN$

1.640

AUS$

1.744

Comments: Due to lower than expected utility and food costs, UK inflation came in at 1.1% for September which was slightly lower than expected. I must admit I am still surprised it is in positive territory but sterling’s weakness means that the cost of imports have gone up and as we import so much this is sure to have an affect. But given the huge amount of spare production capacity and rising unemployment I cannot see there being much upward pressure on UK costs for quite a while. Therefore the expectation is for UK interest rates to be kept at there current low levels for quite a while and quite possibly into 2011. In Germany there was a surprise when the investor sentiment index fell especially as it had risen for the last three months and given the recent election of the conservative-liber al alliance. This highlights how any recovery is not going to be in a straight line.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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Posted October 13th, 2009 by Charles Purdy

Smart Daily Currency Note – 13th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 13th October 2009
 

Currency

Rate

EURO

1.065

US$

1.575

CHF

1.616

CAN$

1.630

AUS$

1.739

Comments: Sterling lost ground following the report from the Centre for Economics and Business Research which forecast that UK interest rates would stay at current levels until 2011 and below 2% until 2014. This would mean that sterling was the lowest yielding major currency at a time when interest rates are more than likely rising elsewhere. I think their view is supported by the fact that the Bank of England is still using quantitative easing to help liquidity while other states are reducing their stimulus packages. Does this mean further weakness for sterling and perhaps even parity with the euro? It certainly isn’t helpful and the trend is downwards for sterling so we will have to wait and see.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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Posted October 9th, 2009 by Charles Purdy

Smarts Weekly Currency Note – 9th October 2009

 
  Smart Currency Exchange – Weekly Currency Rates  
Weekly Currency Interbank Exchange Rates 9th October 2009
 

Currency
Rate Last
Week
Rate This
Week
 
EURO
1.088
1.081
US$
1.589
1.587
CAN$
1.722
1.659
AUS$
1.836
1.759
NZD
2.216
2.170
AED
5.835
5.832

CHF

1.643
1.642

ZAR(Rand)

12.174
11.778

Charles’s Thoughts: One of those weeks where a lot seemed to be happening but sterling marked time against the US$ and the €. But not when compared to the commodity backed currencies against which sterling lost significant ground. The Bank of England met on Thursday. This was against the background of poor industrial data for August and disappointing purchasing managers index for September, although the corresponding service managers index was positive. In the event they kept UK interest rates on hold and made no announcement on increasing the quantitative easing programme from its current level of £175bn [they have used £162bn so far]. The moment of truth will be their next meeting in early November when they will have further information on the UK economy and its recovery an d whether or not they will need to increase the quantitative easing programme. I suspect they will have to and this will more than likely to be sterling negative.

In the US we had improving retail sales, a stronger than expected fall in jobless claims and good trading results from Alcoa, the US aluminium company. All positive, but by default, given the US$’s safe haven status, US$ negative which has slipped to a 14 month low on a trade weighted basis against a basket of the major currencies. During the week the Chairman of the Federal Reserve confirmed that low interest will be here for a while. No real surprise there. The results season for US corporates has now started and will set the scene for how the recovery is progressing in the US.

The euro is still top of the pile. The European Central Bank met this week and kept interest rates on hold. However the ECB would like the euro to weaken as its strength is making exports too expensive. And as a consequence they expect the current deflation to take a while to turn to inflation. Will sterling hit parity against the euro? Very difficult to tell but there seems little UK news to turn the current trend around.

The Australian Reserve Bank increased their interest rate this week which was earlier than expected and also acted as a trigger for the re rating of most commodity/high yield currencies.

Why is Currency Management So Important? Using a bank could cost you £3-4,000 per £100,000 transferred. Buying at the “wrong” time could cost you many £’000’s more as rates can move as much as 3% in a very short period of time. Then add in transfer costs that the banks charge for sending and receiving funds and you could be looking at additional costs of £10,000 per £100,000 transferred. By developing a currency strategy and by working with a specialist currency broker these losses could be minimised if not eliminated.

Smart Client Testimonial: “Thank you for making our transactions go so smoothly. As promised, our account was opened within hours. Your traders were pleasant and efficient, and each transaction was very much at the exchange rate I expected…ie not a million miles away from the inter-bank rates and certainly much better than my high street bank could quote. All in all, an easy experience and we will have absolutely no hesitation in recommending your services to any of our friends buying property abroad.” Ian Pritchard If you haven’t opened a Smart account yet, call me on freephone 0808 163 0102 (+44 0207 898 0541) or fill out our online Account Form at: http://www.SmartCurrencyExchange.com/application.htm

How much will a Property Cost? To estimate the cost of a property simply DIVIDE the price of the property by the appropriate rate noted above. But note this is based on the inter bank rate so the actual cost will be slightly more.

Charles Purdy
Charles Purdy


Smart Resources

Currency Strategy Worksheet
Need help creating a Currency Strategy? Download our Currency Strategy Worksheet:
http://www.smartcurrencyexchange.com/downloads/CurrencyStrategyWorksheet.pdf

Currency Report
Have your read our 10-page Currency Report that outlines the top 3 mistakes that overseas buyers make when exchanging and transferring their money overseas? Get the report here:
http://www.SmartCurrencyExchange.com/downloads/ThreeMistakes.pdf

Currency Quotation
Are you interested in a currency rate for Euros, US$’s, CYP, NZD, or any other currency, please fill out our Smart quotation form at: http://www.SmartCurrencyExchange.com/smartquotation.htm


Smart Currency Exchange Limited

email: Charles@SmartCurrencyExchange.com
free phone: 0808 163 0102 (if calling from outside the UK, please use +44 0207 898 0541)

   


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are the interbank rates and valid at a moment in time. The interbank rate is the rate at which the banks deal with each other in the foreign exchange markets. Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we suggest that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum trouble!

 


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Posted October 9th, 2009 by Charles Purdy

Smart Daily Currency Note – 9th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 9th October 2009
 

Currency

Rate

EURO

1.085

US$

1.598

CHF

1.648

CAN$

1.658

AUS$

1.796

Comments: No news seems to have been [relatively] good news following the Bank of England meeting yesterday. They kept UK interest rates on hold and made no announcement on increasing the quantitative easing programme. Sterling didn’t gain any ground but did avoid losing ground which seems to be a good result in the current climate. The European Central Bank also met. The main problem they seem to have at the moment is the strength of the € against every other currency which of course makes their exports expensive. The head of the ECB made noises about government intervention in minimising currency volatility. The market took this with a pinch of salt and the € continued to appreciate. In the US we had improving retail sales, stronger than expected fall in jobless claims and good res ults from Alcoa the US aluminium company. This all led to in increase in risk taking in the markets and therefore a negative for the US$ as it fell to a 14 month low on a trade weighted basis against a basket of the major currencies.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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Posted October 8th, 2009 by Charles Purdy

Smart Daily Currency Note – 8th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 8th October 2009
 

Currency

Rate

EURO

1.087

US$

1.605

CHF

1.648

CAN$

1.692

AUS$

1.776

Comments: Today the Bank of England meet. The market has been marking time waiting for the outcome of this meeting. Ever since the August meeting when the market was surprised by the increase in the quantitative easing programme to £175bn sterling has been in a downward trend. The UK economic news this week has been poor with industrial production figures for August showing a slump and corporate profitability has deteriorated for a five consecutive quarter. So we wait to see how the BoE reacts to this bad news. Will they increase the quantitative easing programme and undermine sterling further?

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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GB

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Posted October 7th, 2009 by Charles Purdy

Smart Daily Currency Note – 7th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 7th October 2009
 

Currency

Rate

EURO

1.079

US$

1.588

CHF

1.634

CAN$

1.679

AUS$

1.781

Comments: UK manufacturing data for August came in worse than expected. This has led to a rethink in the UK economy returning to growth in the third quarter. Needless to say sterling lost ground against most currencies. In Australia their central bank raised interest rates, the first of the advanced countries central bank to do so. Not a huge surprise as the expectation was for them to increase interest rates by the end of the year but perhaps not quite this soon. Apparently there is concern about a house price boom in Australia following the huge financial stimulus undertaken by the Australian government and the aim is to try and stop this becoming a bubble.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


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GB

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Posted October 6th, 2009 by Charles Purdy

Smart Daily Currency Note – 6th October 2009

 

Smart Currency Exchange – Daily Currency Rates

 

 
Daily Inter Bank Currency Exchange Rates 6th October 2009
 

Currency

Rate

EURO

1.086

US$

1.597

CHF

1.640

CAN$

1.705

AUS$

1.802

Comments: A quiet day for sterling as it drifted slightly lower against the € and the US$. This Thursday we have the Bank of England meeting which is what the market is waiting for before making any real decision on where to next for sterling.. The Australian dollar gained ground on the increasing belief that the Australian Central Bank will be the first one to increase.

Note:  All rates are mid market inter bank and indicative at the point of publication. 

To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.

Free phone: 0808 163 0102
(Outside the UK +44 0207 898 0541)

email: Charles@SmartCurrencyExchange.com
web: http://www.SmartCurrencyExchange.com

To get a live Better-than-Bank exchange rate go to: http://www.smartCurrencyExchange.com/smartquotation.htm
or call Smart on 08081 630 102 or from overseas, please call +44 0207 898 0541.


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

 

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are valid at a moment in time.
Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we recommend that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum pain!

 


SCE/OGC

1 Lyric Square
London, London
W6 0NB
GB

If you no longer wish to receive communication from us:
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Posted October 2nd, 2009 by Charles Purdy

Smarts Weekly Currency Note – 2nd October 2009

 
  Smart Currency Exchange – Weekly Currency Rates  
Weekly Currency Interbank Exchange Rates 2nd October 2009
 

Currency
Rate Last
Week
Rate This
Week
 
EURO
1.087
1.088
US$
1.595
1.589
CAN$
1.743
1.722
AUS$
1.845
1.836
NZD
2.226
2.216
AED
5.862
5.835

CHF

1.642
1.643

ZAR(Rand)

11.855
12.174

Charles’s Thoughts: A quiet week for sterling. No statements from the Governor of the Bank of England or negative economic data to undermine sterling. In fact the economic news was on the whole positive with improving house prices, retail sales and industrial sentiment. However this improvement is only gradual and similar to that enjoyed being elsewhere in the world. This worried the market as it supports the view that the UK economy has stabilised but that the road to recovery is going to be slow rather than rapid. I suspect this is what most of us already knew but the stock markets were over optimistic and pulled back. As a result risk appetite fell and safe haven assets benefited.

A similar story for the US and the US$. Unemployment figures released today were slightly worse than expected but economic data showed that the economy had stabilised and that it was moving forward gradually. Again no great surprise but the US$ does benefit from its safe haven status so when investors realised they were being too optimistic the US$ gained ground.

The euro continues to be the most favoured currency. Similar economic data to that of the UK and the US showed that the euro lands economies were improving gradually. The European Central Bank carried out its second funding auction. The first one in June ended up with the ECB lending banks over €440bn. The second auction resulted in the ECB only lending €75bn which was half of what was forecast. This indicated that liquidity in the market place was much improved and lent further support to the euro.

Continued strength for the high-yield/commodity backed currencies. In Australia retails sales had a higher than expected rise which increases the expectation that the Australian Reserve Bank will be the first to start increasing interest rates. This helped the Australian dollar.

Why is Currency Management So Important? Using a bank could cost you £3-4,000 per £100,000 transferred. Buying at the “wrong” time could cost you many £’000’s more as rates can move as much as 3% in a very short period of time. Then add in transfer costs that the banks charge for sending and receiving funds and you could be looking at additional costs of £10,000 per £100,000 transferred. By developing a currency strategy and by working with a specialist currency broker these losses could be minimised if not eliminated.

Smart Client Testimonial: “Thank you for making our transactions go so smoothly. As promised, our account was opened within hours. Your traders were pleasant and efficient, and each transaction was very much at the exchange rate I expected…ie not a million miles away from the inter-bank rates and certainly much better than my high street bank could quote. All in all, an easy experience and we will have absolutely no hesitation in recommending your services to any of our friends buying property abroad.” Ian Pritchard If you haven’t opened a Smart account yet, call me on freephone 0808 163 0102 (+44 0207 898 0541) or fill out our online Account Form at: http://www.SmartCurrencyExchange.com/application.htm

How much will a Property Cost? To estimate the cost of a property simply DIVIDE the price of the property by the appropriate rate noted above. But note this is based on the inter bank rate so the actual cost will be slightly more.

Charles Purdy
Charles Purdy


Smart Resources

Currency Strategy Worksheet
Need help creating a Currency Strategy? Download our Currency Strategy Worksheet:
http://www.smartcurrencyexchange.com/downloads/CurrencyStrategyWorksheet.pdf

Currency Report
Have your read our 10-page Currency Report that outlines the top 3 mistakes that overseas buyers make when exchanging and transferring their money overseas? Get the report here:
http://www.SmartCurrencyExchange.com/downloads/ThreeMistakes.pdf

Currency Quotation
Are you interested in a currency rate for Euros, US$’s, CYP, NZD, or any other currency, please fill out our Smart quotation form at: http://www.SmartCurrencyExchange.com/smartquotation.htm


Smart Currency Exchange Limited

email: Charles@SmartCurrencyExchange.com
free phone: 0808 163 0102 (if calling from outside the UK, please use +44 0207 898 0541)

   


Smart Currency Exchange | 1 Lyric Square | Hammersmith | London | W6 0NB | UK

© 2005-2009 Copyright  Smart Currency Exchange Ltd

THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).

Disclaimer

Exchange rates can move very quickly. The above rates are the interbank rates and valid at a moment in time. The interbank rate is the rate at which the banks deal with each other in the foreign exchange markets. Suggestions should not be taken as advice or fact. The market does what it wants to do.  We have no crystal ball and as ever we suggest that if an exchange rate works for your budget then don’t try and wait for an even better exchange rate, as Murphy’s Law says the rate will go against you and cause you maximum trouble!

 


SCE/OGC

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London, London
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GB

If you no longer wish to receive communication from us:
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To update your contact information:
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