Thursday 29 July 2010

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

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