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