FX-Currency Exchange Rates Tuesday 1st March, 2011

Fx- Foreign Currency Exchange News: 1st March, 2011

Yesterday, Global FX-market traders saw the Euro trade to a fresh three week high against the USD and this was due to the strong expectations that the euro zone economic data could reinforce the growing view that European Central Bank will raise its interest rates earlier than the US.

The Australian Dollar weakened against the USD after the Reserve Bank of Australia made the announcement that it was unlikely that it would raise interest rates in the coming months.

We expect to see the European stocks are expected to open higher this morning but with eyes still firmly on the violence in the Middle East and the price of oil any gains will take some working at.

We also saw the Canadian Dollar rally to its highest level in more than three years and this was due to stronger than expected growth data

Euro:

GBP The GBP/JPY was approaching resistance at 1.3365.

USD The USD/JPY is currently extending it’s over night climb in Europe to 82.25

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 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 24th February, 2011

Global Fx- Foreign Currency Exchange News: 24th February, 2011

Yesterday, FX market traders saw the Euro set a new three week high against the USD and this was largely due to the report that stated that the US had stronger than expected US house sales and we saw the Euro go as high as USD 1.3775.

Global FX market traders also saw the dollar slide against the Swiss franc as continued worries about the Middle East turmoil buoyed the Swiss franc against the USD. The USD/CHF has reached a fresh low of 0.9275 overnight.

This morning the Swiss Franc is still the currency of choice and has gained momentum during the Asian Session as rumors are being spread that the UK may have to use military force to rescues the British citizens from Libya.

Euro: The Euro has remained the same with a firm footing and was trading at USD 1.3775 earlier this morning.

GBP The GBP/USD has just slipped back to trade at 1.6210 as write this morning.

USD The USD/JPY is falling for the 6th time in less than 7 days as we see the USD tumble across the stock markets as traders find safety in the JPY.

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 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

Daily Global Fx- Foreign Currency Exchange News: 31st  January, 2011

FX Traders watched as the Euro has fallen against the USD and the JPY on Monday in Asia and this was largely due to the fact that investors have been dropping the risk sensitive currency due to the ongoing turmoil in Egypt and the fear that it could spread to its Arabian neighbors.

We have also seen the GBP being sold strongly too fresh day lows as we saw Wall Street slump due to the concerns in Egypt.

Market Traders are expecting to see stocks opening lower on Monday in the European Market and this follows the US and Asia amid the worried about political stability in Egypt as well as many of the other Middle Eastern and North African nations.

Euro: The EUR/USD has managed to erase all of it’s losses during the Asian session and has recovered the 1.3600 after falling to a week low at 1.3569 after worries about the political turmoil in Egypt.

Pound: The GBP/USD is also erasing its previous losses after reaching a weekly low of 1.5819. The USD failed to lower the price and the pair has bounced back to its opening value of around 1.5865.

USD The USD was at JPY82.03 from JPY 82.10.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our speciality 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

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-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

Daily FX Global Currency News

Daily Global Fx- Foreign Currency Exchange News: 27th January, 2011

FX Traders saw the USD change very little in Asian trade after it fell earlier in the day after the outcome of the US Fed meeting. Although all of the decisions were what we all expected some market traders expect the USD to get a lift. Investors are watching the US economic indicators closely today as weekly jobless claims, and home sales reports to name a couple are due. If theses indicators are stronger than expected it could prompt investors to buy back the USD.

As we write the USD/CHF is trying to consolidate above 0.9400 but I will need to climb above 0.9568 to remove the current downside pressure.

Euro: At the time of writing the EUR/USD is trading quietly ahead of the German DPI due later in the European trading session

Pound: The GBP/USD spent most of the ssession between 1,5897 and 1.5930 and at the time of writing the GBP/USD is trading at the 1.5915 zone.

USD The USD was at JPY 82.22 against the yen and this compared with JPY 82.25.

We report on the current global currency exchange movements and offer our clients the very best currency exchange rates available. Our speciality 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

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-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.