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