1Casa Daily Currency News

Daily Currency News Today's Updates China figures bolster Aussie China's robust industrial production and retail sales figures help allay fears about a global economic slowdown Bulls buy 'oversold' stocks following China and US data Hopes that the world's second biggest economy can navigate between combating inflation and growth are boosting stocks Draghi stands firm on Greek default In a combative tone over inflation curbs, the ECB candidate says Athens' challenges are not as great as those faced by Italy in the 1990s Euro crisis takes toll on debt flows Demand for government debt issued by Paris and Berlin dried up at the height of fears about Greece's ability to remain in the euro UK inflation The song remains the same, the figure, yet again in May, is more than double its official target' while short-term inflation forecasts continue to rise GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR 1.1380 GBP-USD 1.6360 GBP-AED 6.0084 GBP-AUD 1.5285 GBP-EGP 9.7182 GBP-BRL 2.5887 GBP-KWD 0.4491 GBP-NZD 0.4986 EUR-USD 1.4376 EUR-AED 5.2798 EUR-BRL 2.2748 USD-AED 3.6727 AUD-AED 0.2544 NZD-AUD 0.7621 NZD-USD 0.8157 NZD-EUR 0.5674 Please note the above are indication rates between the buy and sell side of the market at 7am on Wednesday 15th of June 2011