1Casa Daily Currency News

Euro gains on fears over US growth The single currency has a volatile five sessions but manages to rise against the dollar, which is suffering after disappointing data and due to an increase in risk appetite US Treasury says China not manipulating currency China is not a currency manipulator but its real exchange rate 'remains substantially undervalued', the US Treasury said in its semi-annual currency report to Congress Euro climbs on strong Asia interest in bail-out bonds Currency at one-week high against the dollar after report that continent's investors are expected to buy large chunk of eurozone's €440bn Portuguese rescue fund next month Hong Kong tests banks' ability to survive outflows The de facto central bank of the Chinese territory wants commercial banks to slow lending amid concerns about rapid credit growth and soaring property prices Fresh eurozone tensions unsettle equities Further signs of an economic slowdown in the US and a heightening of tensions over Greece keep up pressure on equity and commodity markets.  Cristina Sanchez info@1casa.com 1casa.com  Call us from UK on 0843 207 86 32  From Spain 952 49 5509 CURRENCY EXCHANGE RATES CURRENCIES MID PRICE GBP-EUR 1.1530 GBP-USD 1.6509 GBP-AED 6.0620 GBP-AUD 1.5412 GBP-EGP 9.8211 GBP-BRL 2.6403 GBP-KWD 0.4568 GBP-NZD 0.7643 EUR-USD 1.4318 EUR-AED 5.2576 EUR-BRL 2.2899 USD-AED 3.6719 AUD-AED 0.2542 NZD-AUD 0.7643 NZD-USD 0.7643 NZD-EUR 0.5718 Indication Rates on Sunday 29th of May 2011