Tuesday 17 August 2010

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

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