Buy Euros

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5649
Pounds to Euros 1.1972
Pounds to Australian Dollars 1.7345

Euros to US Dollars 1.3071
Euros to Pounds 0.8352
Euros to Australian Dollars 1.4487

Pound Headlines

• British pound looks for direction as comments by governor Mervyn King raises concerns of stagflation
• UK mortgage approvals (Jun) come in at 47.6k missing expectations of 48.8k and falling from the previous reading of 49.5k
• It didn’t take sterling bulls long to shake off the recent round of weak UK data as Cable turns higher again

Euro Headlines

• Euro tumbles against most major currencies as bank lending remains tight, Euribor pushes higher
• EURUSD – Breaks above the this weeks high to reach 1.3060 as the dollar collapses

US Dollar Headlines

• Dollar continues lacklustre performance amid disappointing US data

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Buying Euros
Tel: +44 207 183 2790

Buying Euros

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5475
Pounds to Euros 1.1966
Pounds to Australian Dollars 1.7369

Euros to US Dollars 1.3014
Euros to Pounds 0.8356
Euros to Australian Dollars 1.4515

Pound Headlines

• British pound rallies after retail sales support positive growth trends into 3^rd quarter
• Sterling moves higher against USD, sideways against Euro
• UK CBI report shows fastest growth in 3 years

Euro Headlines

• Euro rallies against the Swiss Franc and Japanese Yen as consumer lending conditions improve
• Euro run continues as bond auction passes with out incident
  

US Dollar Headlines

• Dollar climbs for the first time in 4 days but underlying sentiment trends are still flat
• Dollar remains offered as equities regain positive territory for 2010
  

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Buying Euros
Tel: +44 207 183 2790

Pounds to Australian Dollars

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5478
Pounds to Euros 1.1902
Pounds to Australian Dollars 1.7168

Euros to US Dollars 1.2982
Euros to Pounds 0.8387
Euros to Australian Dollars 1.4357

Pound Headlines

• British pound weathers a cooling in Housing prices, turns to retail activity
• Sterling benefits from risk appetite improvement
• GBPUSD – The $1.55 level has been broken and a 5 month high of $1.5528 was posted this morning
  

Euro Headlines

• Euro seemingly unfazed by stress test results, though one slip could trigger fear
• Euro trades higher – ECB’s Trichet found stress test execution impressive

US Dollar Headlines

• Dollar slips to a fresh 2-month low as speculators ignore Fridays questionable fundamentals
• Higher yielding currencies such as Aussie, Kiwi and CAD dollar rally

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Buying Euros
Tel: +44 207 183 2790

Pounds to Euros

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5485
Pounds to Euros 1.2006
Pounds to Australian Dollars 1.7268

Euros to US Dollars 1.2904
Euros to Pounds 0.8331
Euros to Australian Dollars 1.4385

Pound Headlines

• British pound surges (within risk defined bounds) on strong GDP results
• GBPUSD – posts a new 3 month high as opening trades in Europe just touch 1.5500
• UK houses prices see first fall in 15 months according to Hometrack

Euro Headlines

• Euro seems to take the stress test results well but the details leave much to be desired
• Swiss Franc follows Euro but individual stress tests paint a better picture
• 91 banks assessed on how they would cope with another recession – 7 banks fail test
  

US Dollar Headlines

• Economists expect a government report this week to show new home sales increased 13% in June
• Oil slightly higher on banks stress test and a US storm threat ease
  

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Buying Euros
Tel: +44 207 183 2790

Pounds to US Dollars

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5417
Pounds to Euros 1.1919
Pounds to Australian Dollars 1.7268

Euros to US Dollars 1.2935
Euros to Pounds 0.8389
Euros to Australian Dollars 1.4487

Pound Headlines

• GDP figures show economy grew 1.1% in 3 months
• UK retail sales unexpectedly advances
• GBPUSD explodes higher on the much better than expected UK GDP

Euro Headlines

• Euro in focus as EU stress test results take centre stage (results published at 5pm)
• Euro moving higher as the dollar and yen weaken after very strong German IFO
• Euro, GBP rally as economic developments reinforce improved outlook for future growth

US Dollar Headlines

• Dollar gains unwound as volatility ahead of EU stress test keeps currency within congestion

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Buying Euros
Tel: +44 207 183 2790

best exchange rates

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5269
Pounds to Euros 1.1906
Pounds to Australian Dollars 1.7284

Euros to US Dollars 1.2824
Euros to Pounds 0.8398
Euros to Australian Dollars 1.4517

Pound Headlines

• GBP tumbles after BOE minutes show members discuss expanding stimulus
• GDP data tomorrow should give a better outlook on which way rates will move
  

Euro Headlines

• Euro traders respond to unexpected German funding troubles
• Swiss franc unfazed by SNB’s losses in failed attempt at intervention
• Euro weakened in anticipation of the banks stress tests due tomorrow
  

US Dollar Headlines

• Dollar climbs for a third day as risk aversion leveraged by Bernanke’s concerns
• USD bounces despite standstill in other markets

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790

Buying Pounds

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5283
Pounds to Euros 1.1879
Pounds to Australian Dollars 1.7262

Euros to US Dollars 1.2866
Euros to Pounds 0.8418
Euros to Australian Dollars 1.4531

Pound Headlines

• British pound recovers from tumble following Government borrowing numbers
• Bank of England minutes reveal members voted 7 to 1 to keep interest rates on hold

Euro Headlines

• Euro anchored by Fridays stress tests but volatility still wide open on Bond Auctions
• Ireland sustains a painful downgrade to its credit rating, whilst talks over an emergency bailout for Hungary unexpectedly collapsed

US Dollar Headlines

• Dollar climbs as Euro weakness steps in for an unstable bearing for risk appetite
• MBA mortgage applications is released by the mortgage bankers association

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790

Euro gains momentum against most currencies

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5233
Pounds to Euros 1.1740
Pounds to Australian Dollars 1.7325

Euros to US Dollars 1.2975
Euros to Pounds 0.8517
Euros to Australian Dollars 1.4756

Pound Headlines

• BOE minutes released 21/7 could provide boost to sterling – pound positive
• British pound traders await a fundamental wave the Begins the UK’s fiscal health – pound neutral
• Sterling fell to its lowest level in nearly 2 months yesterday as the Euro gained against most major currencies – pound negative

Euro Headlines

• Euro gains momentum against most currencies – Euro positive
• Euro little moved in the face of a positive EU stress test failure, Ireland downgrade – Should be euro negative

US Dollar Headlines

• Dollar holds steady despite clear threats to financial stability and the Euro – dollar neutral
• USD and JPY declined as against their major counterparts as stocks advanced in Asian Trade – dollar negative

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790

British pound tumbles

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5320
Pounds to Euros 1.1813
Pounds to Australian Dollars 1.7585

Euros to US Dollars 1.2968
Euros to Pounds 0.8464
Euros to Australian Dollars 1.4888

Pound Headlines

• British pound tumbles ahead of week loaded with growth, Interest rate and financial health updates – Pound neutral
• GBP/USD pulls back from 1.5470, consolidating around 1.5300 – Pound supportive

Euro Headlines

• Euro Eases off its Risk Course but the EU Stress Test Results Next Week Will Determine its Bearing – Euro positive
• EUR/USD returns to 1.3000 risk area, risk appetite is back – Euro positive
• EU current account widens deficit – Euro negative

US Dollar Headlines

Dollar Finally Gains Traction as sentiment plunges but fundamental catalysts undermine advance – Dollar positive

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790

Goldman Sachs raise target for the EURUSD to 1.2200

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5321
Pounds to Euros 1.1982
Pounds to Australian Dollars 1.7391

Euros to US Dollars 1.2784
Euros to Pounds 0.8342
Euros to Australian Dollars 1.4507

Pound Headlines

Pound trades above 1.5450 and now targets 1.5500 - pound positive
BP seals hole in the US - Pound positive
Pounds to Euros stabilises at 1.1900 but will remain very shaky if Euro strength continues - Pound negative

Euro Headlines

Euro again well supported today and looks to trade above 1.3000 after closing above the 100 day moving average - Euro Positive
Talk of hedge and pension funds opening “new long Euro” positions - euro positive
Goldman Sachs raise target for the EURUSD to 1.2200 in the short term - euro Positive

US Dollar Headlines

China data not as strong as first thought, signs of a slowdown – dollar negative
USDJPY looks below 87.00 and would be a signal for further USD selling – dollar negative

If you need to buy or sell currency today please contact me for a free quote!


Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790

Best FX Broker

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5321
Pounds to Euros 1.1982
Pounds to Australian Dollars 1.7391

Euros to US Dollars 1.2784
Euros to Pounds 0.8342
Euros to Australian Dollars 1.4507

Pound Headlines

Unemployment numbers surprise but large rise in part-time workers – pound positive
Bank of England Sentence suggest that QE needs to be withdrawn and interest rates to rise as economy stabilises – Pound positive

Euro Headlines

Euro again well supported and carves out fresh highs today after well received Spanish Bond Auction – Euro positive
View that sovereign risk is over done – euro positive
Traders targeting 1.2920 today

US Dollar Headlines

China data inline with expectation and supporting “risk on” – dollar negative
FOMC continue to see lower rates for the foreseeable future – dollar negative

If you need to buy or sell currency today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790