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Tuesday, 31 May 2011

Daily Currency News

Daily Currency News

Today's Updates

New Zealand dollar hits record high
New Zealand's dollar rose to its highest free-float level against its US counterpart after the country's trade surplus widened to record levels in April

Euro: franc view of a troubled currency
In recent weeks the euro has touched all-time lows against the Swiss franc, a clear indication of worries about the viability of the currency

Overview: Quiet trade with Greek debt concerns
Trade subdued by reports that European Union leaders were considering imposing harsh conditions on Athens in order for it to secure further assistance

The Philippines: a silent dollar run
Workers are electing to earn in currencies that stand a chance of keeping pace with the peso. Markets are full of abstract examples of dollar flight, this is a very real one

Low rates pressure US money market funds
US money market funds are struggling to make returns after short-term interest rates fell to record lows in the wake of regulatory changes and a big decline in Treasury bill issuance. 

Cristina Sanchez

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GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES MID PRICE
GBP-EUR 1.1458
GBP-USD 1.6520
GBP-AED 6.0656
GBP-AUD 1.5427
GBP-EGP 9.8183
GBP-BRL 2.6232
GBP-KWD 0.4532
GBP-NZD 0.7703
EUR-USD 1.4418
EUR-AED 5.2938
EUR-BRL 2.2894
USD-AED 3.6718
AUD-AED 0.2543
NZD-AUD 0.7703
NZD-USD 0.7703
NZD-EUR 0.5721
Indication Rates on Tuesday 31st of May 2011

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