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Wednesday, 8 June 2011

1Casa Daily Currency News

Daily Currency News

Today's Updates

US recovery concerns hit dollar
The greenback weakens to a one-month low as a recent batch of weak economic data raise concerns over the strength of the world's largest economy

Chinese official warns on dollar assets
The head of the international payments department in the State Administration of Foreign Exchange hints that US could devalue currency

Overview: Bernanke comments rein in equities
Wall Street turned negative and the 10-year Treasury yield dipped below 3 per cent after Fed chief's remarks on US economy

Asian shares mixed after Bernanke comments
Asian shares fluctuated on Wednesday as investors digested bearish comments from US Federal Reserve Chairman Ben Bernanke, which increased fears about the global economic slowdown

Peru poll shock shakes EM complacency
The victory in Peru's presidential election by Ollanta Humala is a sharp reminder of the persistence of political risk in emerging markets

GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES MID PRICE
GBP-EUR 1.1171
GBP-USD 1.6385
GBP-AED 6.0156
GBP-AUD 1.5389
GBP-EGP 9.7393
GBP-BRL 2.5895
GBP-KWD 0.4490
GBP-NZD 0.7659
EUR-USD 1.4667
EUR-AED 5.3850
EUR-BRL 2.3180
USD-AED 3.6715
AUD-AED 0.2558
NZD-AUD 0.7659
NZD-USD 0.7659
NZD-EUR 0.5560
Indication Rates on Wednesday 8th of June 2011

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