Buy Euros Best currency rates

Hi All

Thursday 19/8/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5635

POUNDS TO EUROS 1.2191

POUNDS TO AUSTRALIAN DOLLARS 1.7374

EUROS TO US DOLLARS 1.2850

EUROS TO POUNDS 0.8202

EUROS TO AUSTRALIAN DOLLARS 1.4251


Pound Headlines

• Sterling reversed its recent decline against the Euro yesterday, edging
  higher following the release of the minutes to the MPC's latest meeting. The
  minutes revealed a vote of eight to one in favour of keeping rates at 0.5%


• Spotlight falls on UK Public Finance and Retail Sales Data this morning


• The Pound came off its three week lows against the US Dollar yesterday
  but lacked momentum to sustain its gains

Euro Headlines

• The euro originally rose against the Dollar yesterday following a run of
  successful bond auctions, but the positive sentiment proved short-lived.
  
• The euro is now vulnerable to dipping below $1.28 as concerns build;
  namely about Greek austerity, Irish banking, and French credit ratings


• Germany PPI m/m came in at 0.5%, slightly higher than expected

US Dollar Headlines

• In the past few months the dollar's safe haven status has been
  undermined by the continuous stream of disappointing figures and the threat
  of a double-dip recession. This allowed the other leading haven currency,
  the Japanese yen, to soar


• Bank of Japan is now considering taking steps to curb the yen's strength
  due to its negative impact on exports. This has put the dollar back in focus
  as a risk adverse currency and it is rallying this morning


• Jobless Data from US today

If you need to buy, sell or make an international payment today then please call me for a free quote

Kris Charalambides

FX Broker

kris@imsfx.co.uk

www.imsfx.co.uk