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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Bank of England Sentence suggest that QE needs to be withdrawn and interest rates to rise as economy stabilises – Pound positive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