Currency Rates
US$/GBP – 1.502
To request a up-to-the minute quotation, call 0808 163 0102 or fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx
Sterling started poorly yesterday against the euro and US dollar, but recovered ground as the euro lost out as concerns over Greece took centre stage. The pound was up 0.4% against the US dollar at $1.5089/ £1 and 0.3% up against the euro at 1.1140/ £1 at the end of the day. Governor of the Bank of England Mervyn King spoke yesterday and reiterated that, despite improving growth forecasts, levels of economic activity were likely to remain weak for a considerable period. Despite this, he did expect recent GDP figures to be amended upwards again. Inflation data for February is published today, which is expected to show a drop from January’s 14 month high of 3.5%. This is a key piece of data which can cause volatility if the figure is not expected. Get in touch now for a quote.
In the USA, the US dollar traded on risk sentiment yesterday with volatility still high against sterling. Existing home sales data is released later today and the number of homes sold is expected to drop further due to adverse weather and the expiry of tax benefits which caused a jump in sales at the end of last year. In addition, a member of the Federal Reserve speaks this afternoon. The USA has stayed out of the spotlight over the last few weeks as markets focus on the pound and euro – get in touch now as the chance of volatility is high.
Call 0808 163 0102 or +44 (0) 207 898 0541 from outside the UKor fill out our quote form: http://www.smartcurrencyexchange.com/quote.aspx
Tuesday, 23 March 2010
Subscribe to:
Post Comments (Atom)
Weekly Update on GBP, EUR, USD & Commodity-Backed Currencies
Smart Resources
SMART RESOURCES FOR INDIVIDUALS
Free Reports - Make sure to collect your copy!
For overseas property buyers: "Why Overseas Property Buyers Lose Money... and how YOU can avoid it" Get the report here!
For anyone relocating from the UK to another country: "How you could save £20,000 when relocating from the UK to any overseas location!" Get the report here!
Currency Quotation
Are you interested in a currency rate for euros, US dollars or any other currency? If so, please fill out our Smart quotation form.
Smart Articles (For Clients & Press)
Read recent articles published in a variety of publications or request information on our Smart Press page.
Main Smart Currency Exchange Website (for individuals)
Get information on all the Smart services, educational resources and access to our FAQ's plus much more! Visit main website here.
SMART RESOURCES FOR COMPANIES
Currency Report
Have you read our 10-page Currency Report 'Why UK businesses unknowingly lose £££'s on making and receiving international payments...And what they can do to avoid it!" Get the report here!
Currency Quotation
Are you interested in a currency rate for euros, US dollars or any other currency? If so, please call 0808 163 0102 fill out our Smart quotation form.
Smart Articles (For Clients & Press)
Read recent articles published in a variety of publications or request information on our Smart Media page.
Main Smart Currency Business Website
Get information on all the Smart services, educational resources and access to our FAQ's plus much more! Visit main website here.
Disclaimer
Exchange rates can move very quickly. The above rates are valid at a moment in time. We have no crystal ball and we recommend that if an exchange rate works for your budget then don’t wait for an even better exchange rate - Murphy’s Law says the rate will go against you and cause you maximum pain! Suggestions should not be taken as advice or fact.
© 2005-2010 Copyright Smart Currency Exchange Ltd THIS PUBLICATION DOES NOT CONSTITUTE ADVICE WITHIN THE TERMS OF THE FINANCIAL SERVICES ACT (OR ANY SUBSEQUENT REVISIONS, ADDITIONS, OR AMENDMENTS).
No comments:
Post a Comment