Currencies - Cross Rates

 GBPEURUSDAUDAEDJPY
GBP11.211.593361.533595.85389128.80365
EUR0.8264511.316831.267434.83793106.4493
USD0.62760.759410.962483.6739280.8376
AUD0.652070.7891.0389813.8171383.9885
AED0.170830.20670.272190.26198122.00307
JPY0.007760.009390.012370.011910.045451
Other Currencies

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Foreign Exchange News Monday 13th June, 2011

Fx- Foreign Currency Exchange News: Monday 13th June, 2011

Overnight New Zealand has been hit by a 5.5 magnitude earthquake which was felt as far as Dunedin. It was said to be just as powerful as the last earthquake on February 22nd but not as long in duration. This has immediately dragged the New Zealand dollar lower as productivity concerns pending damage shattered the confidence in the economy.

Overnight in Asia the USD is slightly firmer against the JPY but is it highly likely that the USD and the Euro will be pressured lower this week as the global slowdown concerns and Greek debt problems encourage investors to head for safe haven funds.

The Euro stabilized after the single currency posted its heavies one day sell off in a month on Friday as investors headed for the safe haven dollar as the fear continue about the Greek debt crisis.

Following the losses on Wall Street on Friday and in the Asian markets the European stock markets are expected to open slightly lower. There are still ongoing worries about the global economic recovery

EURO Trading overnight has been very quiet early in the session and conditions reported as thin. President Trichet is expected to speak at 1.00 today

GBP The UK pound was at USD 1.6227 from USD 1.6223.

USD The USD/CHF is climbing for the third day and the next resistance will be at 0.8540.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Global Foreign Exchange News Monday 13th June, 2011

Fx- Foreign Currency Exchange News: Monday 13th June, 2011

Overnight New Zealand has been hit by a 5.5 magnitude earthquake which was felt as far as Dunedin. It was said to be just as powerful as the last earthquake on February 22nd but not as long in duration. This has immediately dragged the New Zealand dollar lower as productivity concerns pending damage shattered the confidence in the economy.

Overnight in Asia the USD is slightly firmer against the JPY but is it highly likely that the USD and the Euro will be pressured lower this week as the global slowdown concerns and Greek debt problems encourage investors to head for safe haven funds.

The Euro stabilized after the single currency posted its heavies one day sell off in a month on Friday as investors headed for the safe haven dollar as the fear continue about the Greek debt crisis.

Following the losses on Wall Street on Friday and in the Asian markets the European stock markets are expected to open slightly lower. There are still ongoing worries about the global economic recovery

EURO: Trading overnight has been very quiet early in the session and conditions reported as thin. President Trichet is expected to speak at 1.00 today

GBP: The UK pound was at USD 1.6227 from USD 1.6223.

USD The USD/CHF is climbing for the third day and the next resistance will be at 0.8540.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Foreign Exchange News Monday 6th June, 2011

Fx- Foreign Currency Exchange News:  Monday 6th June, 2011

FX currency dealers watched on Friday the US employment data was released and was unfortunately was very disappointing and struggled to create even 50,000 new jobs and certainly not the 150,000 – 180,000 that had been expected.  The unemployment rate also jumped back to 9.1%.

Overnight the USD has held steady against the Euro and the YEN in Asia amid the thinning trade with several of the Asian markets closed today for holidays.  There are few signs of the USD having a rebound after the falls on Friday on the back of the dreadful US jobs data.

This morning the Pound Sterling is unchanged against the USD but has continued to fall against the Euro after British Services expanded at a far slower pace than was expected.

FX-traders are expecting the European stocks to open slightly lower this morning due to the recent weak economic data weighing heavy.  Foreign Exchange traders are hoping that the losses will be limited by the news that Greece’s talks with the European Union ended positively on Friday.

<strong>EURO: </strong> The EUR/USD trade remained subdued and with little on the European horizon it looks likely to continue.

<strong>GBP</strong> The GBP/USD opened the Asian trading at 1.6413 and went onto advance into the 1.6460 where it met with some resistance and is now pulling back as we write.

<strong>USD</strong> The Dollar was at CHF 0.8347 after dipping briefly to a fresh low of CHF 0.8328.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best <a href=”../../category/currency-exchange-news/”>global currency exchange</a> rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-<a href=”../../category/currency-exchange-news”>currency exchange</a> cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Foreign Exchange News Monday 23rd May, 2011

Fx- Foreign Currency Exchange News: Monday 23rd May, 2011

The Euro has started the week as if finished – Under Pressure! It has fallen to a record low against the Swiss Franc and many FX-traders are expecting fresh negative news with regard to the Euro zones debt problems.

FX-Traders and FX market analysts have also commented that the JPY could also weaken further against the USD this week if the Japanese trade data continues to highlight a further slump in exports after the major earthquake and tsunami of March 11th. They have also seen a decline for the first time in 16 months in Exports and economists expert a large deficit in the trade balance for April.

This week Market Traders will be watching the US interest rates as they could be moved this week by sales figures for residential sales and the advance report on durable goods which is due on Wednesday.

The Australian Dollar also plummeted whilst trading in Asia and this was largely due to the concern about ongoing debt issues in Europe and the weak reading of China’s manufacturing industry,

EURO: The Euro has started this new week as badly as it ended last week as the sentiment continues to deteriorate around the EMU. The EUR/USD has broken its intra day low at 1.4095 and is currently trading at 1.4080.

GBP This morning the GBP is lower against the USD but higher than the Euro. FX- traders expect that the gap between GBP and EUR yields will widen this year.

USDThe USD/JPY opened Asian trade at 81.75 and pulled back to levels of 81.60. It then recovered its losses and at time of writing is recovering its losses and going into 82.00.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our specialty is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here Buy and sell currency at the best global currency exchange rates available today through FX-ForeignExchange,0044 (01480) 458400 or 07525 984456. This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-currency exchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.