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Posted April 16th, 2010 by Charles Purdy

Currency Rates

EURO/GBP – 1.139

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 strengthened against the euro yesterday and breached the 1.14/ £1 barrier as the pound rose by 0.7% as a new opinion poll showed that the conservatives would win an overall majority. This negated the relatively poor consumer confidence survey by the Nationwide that showed that concerns over the election had caused confidence in the UK to suffer. The pound stayed relatively steady against the US dollar. However, in early trading this morning the pound suffered as last night’s first election debate sent shockwaves through the markets as fresh concerns over a hung parliament were raised by Nick Clegg’s strong performance for the Liberal Democrats. This raised fresh concerns that neither Labour nor the Conservatives would win a clear majority. There is no data out today so expect the pound to continue to trade on sentiment. Get in touch now for a quote.

In the Euro zone, there is a relatively busy day on the calendar. Euro zone consumer inflation is expected to show stay at 1.5% and core consumer inflation is expected to improve marginally. In addition, the Euro zone trade balance is expected to narrow by around 2bn. There is likely to be a large amount of movement today off the back of the UK election debate. Call in now to avoid missing out.

Call in now for a price. Have a great weekend!Call 0808 163 0102 or +44 (0) 207 898 0541 from outside the UKor fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx

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Posted April 15th, 2010 by Charles Purdy

Currency RatesEURO/GBP – 1.139 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 gained and hit a 7 week high against the US dollar in the wake of Tuesday’s better than expected trade balance data and strong retail sales data. The pound reached $1.5492/ £1 against  Continue Reading…

Posted April 14th, 2010 by Charles Purdy

Currency RatesEURO/GBP – 1.131 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 strengthened marginally against the euro yesterday as data showed that the UK’s trade deficit had narrowed to £6.18bn – better than the forecast figure of £7.35bn and the smallest budget deficit since June  Continue Reading…

Posted April 13th, 2010 by Charles Purdy

Currency Rates EURO/GBP – 1.129 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 fell against the euro yesterday after EU ministers announced details of a standby bail out package to help debt-ridden Greece. The pound dropped almost 0.8% to a low of 1.1311/ £1 as  Continue Reading…

Posted April 12th, 2010 by Charles Purdy

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Posted April 12th, 2010 by Charles Purdy

Currency Rates EURO/GBP – 1.134 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx How rapidly things can change. Up to midday on Friday sterling seemed to be building up a head of steam against the euro but the announcement of the rescue packaged for Greece by  Continue Reading…

Posted April 9th, 2010 by Charles Purdy

Currency Rates EURO/GBP – 1.145 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 seems to be enjoying some time in the sun gaining ground against most currencies over the last 24 hours. The Bank of England met and did nothing which was as expected. So  Continue Reading…

Posted April 8th, 2010 by Charles Purdy

Currency Rates EURO/GBP – 1.141 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx Even though the UK purchasing managers indices for the services sector came in worse than expected sterling held steady. The index was still in positive territory which indicates that the UK economy is  Continue Reading…

Posted April 7th, 2010 by Charles Purdy

Currency RatesEURO/GBP – 1.139 To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx So the UK general election is set for the 6th May 2010. This at least removes one uncertainty and after an initial loss of ground for sterling against the euro and the US$ it  Continue Reading…

Posted April 6th, 2010 by Charles Purdy

Currency RatesEURO/GBP – 1.132 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 enjoyed a strong run up to Easter and has opened the post Easter period strongly moving up through 1.13/£$1 for the first time in a while. Positive economic data has been one of  Continue Reading…

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