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Monday, 13 June 2011

1Casa Daily Currency News

Daily Currency News

Today's Updates

Eastern Europe pushes back euro adoption
Romania insists it still intends to join in 2015 but most other central and eastern states are quietly pushing back their likely entry dates

Investment: The Fed flood slows to a trickle
Global markets for the past nine months have experienced their version of a sugar high. Assets from commodities to equities have been boosted by the second round of so-called quantitative easing by the Federal Reserve, writes Richard Milne


Eurozone v ECB: bust-up looms
The fight investors really need to watch is the one between Frankfurt and Berlin and it will shape the resolution of the eurozone crisis

Poland says it is committed to euro
Warswa is confident the single currency will survive despite the turmoil shaking the eurozone, says Poland's central bank governor

'Home bias' still exists in the US market
Recently published reports show home bias still exists and such an investment style may even outperform, but managers remain skeptical

GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES MID PRICE
GBP-EUR 1.1334
GBP-USD 1.6275
GBP-AED 5.9810
GBP-AUD 1.5406
GBP-EGP 9.6789
GBP-BRL 2.5989
GBP-KWD 0.4471
GBP-NZD 0.7715
EUR-USD 1.4360
EUR-AED 5.2770
EUR-BRL 2.2931
USD-AED 3.6749
AUD-AED 0.2576
NZD-AUD 0.7715
NZD-USD 0.7715
NZD-EUR 0.5676
Indication Rates on Monday 13th of June 2011

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