Posted December 30th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP - 1.1919
US$/GBP - 1.5427
CHF/GBP - 1.4503
CAN$/GBP - 1.5753
AUS$/GBP – 1.5194
ZAR/GBP – 12.5323
JPY/GBP – 119.63
HKD/GBP – 11.9870
NZD/GBP – 1.9968
SEK/GBP – 10.6614
AED/GBP – 5.667
US$/EURO - 1.2944
INR/GBP - 82.14
For more information on Smart Currency Exchange, please call our freephone: 0808 163 0102 (+44 (0)207 898 0541 from outside the UK) or visit our website at: SmartCurrencyExchange.com
So 2011 is coming to a close and for most is best forgotten. A strange year as it started with the expectation that the UK economy would continue to move forward albeit at a low rate of growth. But as the year comes to a close, the hope is that we will avoid another recession in 2012. The likelihood of any increases in UK interest rates also seems remote as the banks need to restore their balance sheets before allowing funds to be lent to fund economic growth.
This week sterling has lost ground across the board. Post Christmas retail sales went better than expected but there is no doubt margins were significantly reduced as the retailers made a dash for cash. The fear is that further quantitative easing will be required in early 2012 to help boost the UK economy.
Two Italian debt issuances were completed this week. Both were successful although the interest rate was close to 7% for the longer dated bonds. This is the interest rate which is viewed as the tipping point between the debt being affordable or it being unsustainable. These successful debt issuance helped the euro pull back from its 11 month low against sterling. The US$ had a good week benefitting from its safe haven status and an economy that is moving forward at a quicker rate than in Europe.
From all of us here at Smart we wish you all the very best for 2012 and hope that you have the best of health and a highly prosperous year as well.
To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx
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Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted December 29th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1960 US$/GBP – 1.5470 CHF/GBP – 1.4587 CAN$/GBP – 1.5834 AUS$/GBP – 1.5325 ZAR/GBP – 12.5900 JPY/GBP – 120.15 HKD/GBP – 12.0244 NZD/GBP – 2.0102 SEK/GBP – 10.7057 AED/GBP – 5.681 US$/EURO – 1.2925 INR/GBP – 82.40 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Still in the Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted December 28th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1985 US$/GBP – 1.5660 CHF/GBP – 1.4638 CAN$/GBP – 1.5965 AUS$/GBP – 1.5414 ZAR/GBP – 12.7560 JPY/GBP – 121.80 HKD/GBP – 12.1790 NZD/GBP – 2.0246 SEK/GBP – 10.7262 AED/GBP – 5.753 US$/EURO – 1.3064 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx A quiet day on the currency Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted December 23rd, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP-1.1990 US$/GBP- 1.5690 CHF/GBP- 1.4660 CAN$/GBP- 1.6001 AUS$/GBP- 1.5435 ZAR/GBP- 12.8002 JPY/GBP-122.50 HKD/GBP- 12.2125 NZD/GBP- 2.0250 SEK/GBP- 10.7545 AED/GBP- 5.767 US$/EURO- 1.3082 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Markets are quiet in the Continue Reading…
Topic: Currency Exchange, Currency Rates, Euro, Smart Currency Exchange, US Dollar, Uncategorized
Posted December 22nd, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP –1.2002 US$/GBP – 1.5674 CHF/GBP – 1.4665 CAN$/GBP –- 1.6094 AUS$/GBP – 1.5530 ZAR/GBP – 12.8982 JPY/GBP – 122.45 HKD/GBP – 12.1998 NZD/GBP – 2.0375 SEK/GBP – 10.7842 AED/GBP– 5.76 US$/EURO –1.3065 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling hit the highest level against the euro Continue Reading…
Topic: Currency Exchange, Currency Rates, Euro, Smart Currency Exchange, US Dollar, Uncategorized
Posted December 21st, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1968 US$/GBP – 1.5704 CHF/GBP – 1.4586 CAN$/GBP – 1.6081 AUS$/GBP – 1.5417 ZAR/GBP – 12.7462 JPY/GBP – 122.15 HKD/GBP – 12.2231 NZD/GBP – 2.0256 SEK/GBP – 10.7314 AED/GBP – 5.771 US$/EURO – 1.3120 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling jumped to an Continue Reading…
Topic: Currency Exchange, Currency Rates, Euro, Smart Currency Exchange, US Dollar, Uncategorized
Posted December 20th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP - 1.1934 US$/GBP – 1.5552 CHF/GBP – 1.4579 CAN$/GBP – 1.6119 AUS$/GBP – 1.5639 ZAR/GBP – 12.9782 JPY/GBP – 121.21 HKD/GBP – 12.0995 NZD/GBP – 2.0468 SEK/GBP – 10.7532 AED/GBP – 5.71 US$/EURO – 1.3006 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling continued to hover around a Continue Reading…
Topic: Currency Exchange, Currency Rates, Euro, Smart Currency Exchange, US Dollar, Uncategorized
Posted December 19th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP - 1.1910 US$/GBP – 1.5526 CHF/GBP – 1.4536 CAN$/GBP – 1.6092 AUS$/GBP – 1.5594 ZAR/GBP – 12.9528 JPY/GBP – 120.85 HKD/GBP – 12.0769 NZD/GBP – 2.0390 SEK/GBP – 10.7435 AED/GBP – 5.698 US$/EURO – 1.3020 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling has had a strong week Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar, Uncategorized
Posted December 16th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP – 1.1906 US$/GBP – 1.5508 CHF/GBP – 1.4594 CAN$/GBP - 1.6002 AUS$/GBP – 1.5531 ZAR/GBP – 12.9772 JPY/GBP – 120.84 HKD/GBP – 12.0741 NZD/GBP – 2.0409 SEK/GBP – 10.7912 AED/GBP – 5.696 US$/EURO – 1.3010 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling has had Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
Posted December 15th, 2011 by Charles Purdy
Daily Currency Note
EURO/GBP - 1.1874 US$/GBP – 1.5475 CHF/GBP – 1.4675 CAN$/GBP – 1.6041 AUS$/GBP – 1.5603 ZAR/GBP – 12.9498 JPY/GBP – 120.6 HKD/GBP – 12.0418 NZD/GBP – 2.0628 SEK/GBP – 10.7992 AED/GBP – 5.683 US$/EURO – 1.3015 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form:http://www.smartcurrencyexchange.com/quote.aspx Sterling hit the highest level against Continue Reading…
Topic: Currency Rates, Euro, Smart Currency Exchange, US Dollar
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