Thursday 29 July 2010

Pounds to US Dollars

Hi All,

Today’s Interbank rates as of 10 am:

Pounds to US dollars 1.5417
Pounds to Euros 1.1919
Pounds to Australian Dollars 1.7268

Euros to US Dollars 1.2935
Euros to Pounds 0.8389
Euros to Australian Dollars 1.4487

Pound Headlines

  • GDP figures show economy grew 1.1% in 3 months
  • UK retail sales unexpectedly advances
  • GBPUSD explodes higher on the much better than expected UK GDP

Euro Headlines

  • Euro in focus as EU stress test results take centre stage (results published at 5pm)
  • Euro moving higher as the dollar and yen weaken after very strong German IFO
  • Euro, GBP rally as economic developments reinforce improved outlook for future growth

US Dollar Headlines

  • Dollar gains unwound as volatility ahead of EU stress test keeps currency within congestion

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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