CURRENCY FOREIGN EXCHANGE REPORT 31/08/2010

Hi All

Tuesday 31/08/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5415
POUNDS TO EUROS 1.2158
POUNDS TO AUSTRALIAN DOLLARS 1.7335
EUROS TO US DOLLARS 1.2677
EUROS TO POUNDS 0.8224
EUROS TO AUSTRALIAN DOLLARS 1.4256

POUND HEADLINES:

• The bank holiday weekend has not resulted in any dramatic movements
  between Sterling and the Euro with the pair continuing to hover around the
  1.2160 - 1.2200 mark
• There's growing confidence that the UK will recover at a faster pace
  than other European economies that are struggling to contain their budget
  deficits
• It is quite a busy week for the economic calendar and we expect to see
  sterling on top as concerns about the weaker countries in the Eurozone
  linger

EURO HEADLINES:

• The single currency lost ground to the Dollar yesterday, reversing gains
  enjoyed at the end of last week with the price now back below $1.27
• Eurozone interest rate decision this Thursday followed by ECB Press
  conference which provides an in-depth insight into the economic conditions
  and future outlook of the Eurozone
• Eurozone unemployment rate (July) comes in as forecast at 10.0%

US DOLLAR HEADLINES:

• The Pound has turned lower against the USD yesterday and is maintaining
  its downward course this morning with the price nearing a 6 week low.
  Outlook for the week remains bearish ahead of the US non-farm payroll
  figures on Friday
• Minutes of Fed's latest policy meeting will be in focus later this
  evening with the report likely to highlight the slowing economic recovery,
  the riskier pound is likely to struggle in the near term
• Federal Reserve Chairman Ben S. Bernanke said over the weekend that
  growth has been "too slow" and unemployment "too high", triggering further
  speculation that the Fed will extend easing measures at their policy meeting
  later this month

If you need to buy, sell or make an international payment today then please
call me for a free quote.

Kris Charalambides

FX Broker

kris@imsfx.co.uk

www.imsfx.co.uk

Tel: 0207 183 2790

CURRENCY EXCHANGE REPORT

Hi All

Tuesday 25/08/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5431
POUNDS TO EUROS 1.2157
POUNDS TO AUSTRALIAN DOLLARS 1.7391
EUROS TO US DOLLARS 1.2691
EUROS TO POUNDS 0.8224
EUROS TO AUSTRALIAN DOLLARS 1.4303

POUND HEADLINES:

• The Pound spent the day on the back foot yesterday after the new BOE
  member Martin Weale warned that the UK risks falling back into recession.
• GBPEUR - sterling below 1.22 but looking ahead the price is expected to
  turn higher as focus returns to the Eurozone
• Sterling hit a one-month low yesterday against the dollar yesterday,
  dropping below $1.54 following comments from a Bank of England policy maker

EURO HEADLINES:

• A measure of business conditions in Germany is the only piece of data
  due from the Eurozone today and is expected to show a slight dip in
  confidence.
• The single currency extended its six-week low against the dollar
  yesterday, falling further after housing data from the US spurred a risk
  sell-off
• As the Financial markets continue to grapple with the idea that the
  global economic recovery is now running out of steam we expect that the Euro
  has further to fall in the near term.

US DOLLAR HEADLINES:

• New Home sales figures are due from the US this afternoon and another
  disappointing figure is likely to lead the price lower this afternoon
• Data from US housing industry this afternoon is expected to show another
  dip in existing home sales, reinforcing the slowdown in the economic
  recovery
• A key gauge of conditions in the US will come on Friday where data is
  expected to reveal a downward revision to second quarter economic growth,
  further evidence of the problems ahead
  

If you need to buy, sell or make an international payment today then please
call me for a free quote.

Kris Charalambides
FX Broker
kris@imsfx.co.uk
www.imsfx.co.uk

Currency Exchange Report

Hi All

Tuesday 24/08/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5411
POUNDS TO EUROS 1.2211
POUNDS TO AUSTRALIAN DOLLARS 1.7430
EUROS TO US DOLLARS 1.2620
EUROS TO POUNDS 0.8188
EUROS TO AUSTRALIAN DOLLARS 1.4273

POUND HEADLINES:

• British pound starts to crack under Persistent Fundamental Pressure
• Sterling hit a near 8-week high against the Euro yesterday as concerns
  about a fragile Eurozone economy hit the single currency
• However, sterling relinquished its gains this morning and dropped back
  to 1.22 following comments from a Bank of England policy member

EURO HEADLINES:

• Euro slips below key support as PMI Data undermines expectations of
  Economic Strength
• Focus now appears to have decisively shifted back to the Eurozone and
  away from the US economy as Euro slips nearly 5% in the last fortnight
• Data from UBS AG showed a drop in net investment flows into the Eurozone
  for a third consecutive week, adding to the Euro woes

US DOLLAR HEADLINES:

• The US dollar has begun the new week on stable footing as the
  trade-weighted index put in for its forth consecutive daily advance
• Data from US housing industry this afternoon is expected to show another
  dip in existing home sales, reinforcing the slowdown in the economic
  recovery
• The problems facing the US recovery remained in focus following on from
  the disappointing labour market figures seen at the end of lat week

If you need to buy, sell or make an international payment today then please
call me for a free quote.

Kris Charalambides

FX Broker

kris@imsfx.co.uk

http://www.imsfx.co.uk/

Currency Exchange Report 23/08/2010

Hi All

Monday 23/08/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5544
POUNDS TO EUROS 1.2237
POUNDS TO AUSTRALIAN DOLLARS 1.7346
EUROS TO US DOLLARS 1.2704
EUROS TO POUNDS 0.8171
EUROS TO AUSTRALIAN DOLLARS 1.4174

POUND HEADLINES:

• Sterling hits 8 week high against the Euro pushing above 1.2200
• GDP data from UK and USA this Friday will show if the economy is growing
  along with forecasts which will almost certainly have an impact on exchange
  rates going into the weekend
• British pound traders fixated on growth, interest rates, deficits and
  1.55 on GBPUSD

EURO HEADLINES:

• Euro Fundamental strength could be undermined should data show growth to
  temper
• The pressure on the single currency also saw the Euro falter against
  sterling, as EURGBP fell below the 0.8150 level for the first time since the
  end of June
• Gross domestic Product from Germany is released tomorrow

US DOLLAR HEADLINES:

• Dollar forges a 4 week high to end the week but follow through up to
  risk trends next week
• Greenback still supported by risk aversion mood in global markets
• Concerns about a double dip recession in the US continue to dominate
  market sentiment, and last weeks poor US economic data didn't help change
  this view

If you need to buy, sell or make an international payment today then please
call me for a free quote.

Kris Charalambides

FX Broker
kris@imsfx.co.uk

www.imsfx.co.uk

IMS Foreign Exchange: Buy Euros Best currency rates

IMS Foreign Exchange: Buy Euros Best currency rates: "Hi All Thursday 19/8/2010. Interbank rates as follows - POUNDS TO US DOLLARS 1.5635 POUNDS TO EUROS 1.2191 POUNDS TO AUSTRALIAN DOLLARS ..."

Buy Euros Best currency rates

Hi All

Thursday 19/8/2010. Interbank rates as follows -

POUNDS TO US DOLLARS 1.5635

POUNDS TO EUROS 1.2191

POUNDS TO AUSTRALIAN DOLLARS 1.7374

EUROS TO US DOLLARS 1.2850

EUROS TO POUNDS 0.8202

EUROS TO AUSTRALIAN DOLLARS 1.4251


Pound Headlines

• Sterling reversed its recent decline against the Euro yesterday, edging
  higher following the release of the minutes to the MPC's latest meeting. The
  minutes revealed a vote of eight to one in favour of keeping rates at 0.5%


• Spotlight falls on UK Public Finance and Retail Sales Data this morning


• The Pound came off its three week lows against the US Dollar yesterday
  but lacked momentum to sustain its gains

Euro Headlines

• The euro originally rose against the Dollar yesterday following a run of
  successful bond auctions, but the positive sentiment proved short-lived.
  
• The euro is now vulnerable to dipping below $1.28 as concerns build;
  namely about Greek austerity, Irish banking, and French credit ratings


• Germany PPI m/m came in at 0.5%, slightly higher than expected

US Dollar Headlines

• In the past few months the dollar's safe haven status has been
  undermined by the continuous stream of disappointing figures and the threat
  of a double-dip recession. This allowed the other leading haven currency,
  the Japanese yen, to soar


• Bank of Japan is now considering taking steps to curb the yen's strength
  due to its negative impact on exports. This has put the dollar back in focus
  as a risk adverse currency and it is rallying this morning


• Jobless Data from US today

If you need to buy, sell or make an international payment today then please call me for a free quote

Kris Charalambides

FX Broker

kris@imsfx.co.uk

www.imsfx.co.uk

IMS Foreign Exchange: Corperate Foreign Exchange

IMS Foreign Exchange: Corperate Foreign Exchange: "Hi All,Today’s Interbank rates as of 11amPounds to US dollars 1.5665Pounds to Euros..."

Corporate Foreign Exchange

Hi All,

Today’s Interbank rates as of 11am

Pounds to US dollars 1.5665

Pounds to Euros 1.2146

Pounds to Australian Dollars 1.7381

Euros to US Dollars 1.2897

Euros to Pounds 0.8233

Euros to Australian Dollars 1.4307

Pound Headlines

• Inflation in July dipped to 3.1% from 3.2% which is in line with BOE’s outlook and warranted little attention from the markets


• MPC minutes will be released this morning. If downbeat could have an effect on sterling value


• Sterling took a turn lower against the USD yesterday, dropping nearly a cent as rumours circulated about further monetary easing in the UK

Euro Headlines

• Encouraging news for the Euro as both Spain and Ireland enjoyed solid demand at their respective debt auctions
• The euro continued to rally against the USD yesterday but having failed to breach $1.29, the price is slipping in trading this morning

US Dollar Headlines

• Dollar takes back losses after Asian stock markets close lower


• USD/JPY watched closely by investors for possible Japanese intervention

If you need to buy, sell currency or make an International Payment today please contact me for a free quote!

Kris Charalambides
FX Broker
kris@imsfx.co.uk
http://www.imsfx.co.uk/

Tel: +44 207 183 2790

Fax: +1920 898 041

Currency Exchange

Hi All,

Today’s Interbank rates this morning -

Pounds to US dollars 1.5645
Pounds to Euros 1.2140
Pounds to Australian Dollars 1.7338
Euros to US Dollars 1.2887
Euros to Pounds 0.8236
Euros to Australian Dollars 1.4281

Pound Headlines

GBPEUR recovered its losses to close virtually unchanged on the day just above 1.2200
Inflation data for July expected this morning to have fallen but still above target
GBPUSD has seen little change this morning with the price holding around 1.5650

Euro Headlines

The only major release from the Eurozone today is the German ZEW economic sentiment survey
Euro struggles for ground despite improved sentiment, Higher Inflation Reading
Swiss franc rallies as safe haven capital diverted from the Japanese Yen

US Dollar Headlines

US Housing data this afternoon
Dollar puts in for its first loss in 6 days as tempered risk trends ease safety demand

If you need to buy, sell currency or make an International Payment today please contact me for a free quote!

Kris Charalambides
FX Currency Broker
kris@imsfx.co.uk
www.imsfx.co.uk
Tel: +44 207 183 2790
Fax: +1920 898 041