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