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Friday, 10 June 2011

1Casa Daily Currency News

Daily Currency News

Today's Updates

Euro gives back early gains
The euro failed to hold on to initial gains after Jean-Claude Trichet, president of the European Central Bank, signalled that eurozone interest rates would rise next month

Strong exports help Asian shares break losing streak
Asian shares gained ground on Friday, breaking a six-day losing streak, after Wall Street rose for the first time this month on improving consumer confidence and stronger-than-expected exports data.

European Central Bank: pushing back
The view that the bank's bite is worse than its bark seems to have been borne out after Thursday's monetary policy statement sparked a euro sell-off

Hungary shows how to cut a budget deficit
Forint breaks higher as Budapest wins market plaudits, writes Jamie Chisholm


Sterling falls on warning over triple A rating
Pound drops to one-month low against the euro after Moody's warned the UK could lose its top-tier credit rating if growth continued to slow
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GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES MID PRICE
GBP-EUR 1.1260
GBP-USD 1.6274
GBP-AED 5.9798
GBP-AUD 1.5347
GBP-EGP 9.6735
GBP-BRL 2.5767
GBP-KWD 0.4465
GBP-NZD 0.7766
EUR-USD 1.4453
EUR-AED 5.3107
EUR-BRL 2.2883
USD-AED 3.6745
AUD-AED 0.2566
NZD-AUD 0.7766
NZD-USD 0.7766
NZD-EUR 0.5698
Indication Rates on Friday 10th of June 2011

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