1Casa Daily Currency News

Daily Currency News Today's Updates Beasts and boutiques squeeze middle players Among the winners are Legal & General Investment Management, which has come to dominate the world of passive management, and BlackRock Commodities out of favour Commodities have fallen sharply out of favour among institutional investors in the past three months, according to a Barclays Capital survey Overview: Turbulent week for eurozone Fears of a Greek sovereign debt default, and the resulting contagion through the rest of the eurozone's periphery, dominated price action Fragile Greek relief rally under threat A volatile euro confirms that traders remain anxious about prospects for a tidy Greek solution and contagion fears weigh on major indices Contagion fears send euro to record low against Swiss franc The euro rallied from a three-week low against the dollar on speculation that Greece was set to receive a fresh rescue package GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR 1.1361 GBP-USD 1.6145 GBP-AED 5.9295 GBP-AUD 1.5365 GBP-EGP 9.6036 GBP-BRL 2.5803 GBP-KWD 0.4444 GBP-NZD 0.4988 EUR-USD 1.4211 EUR-AED 5.2192 EUR-BRL 2.2712 USD-AED 3.6728 AUD-AED 0.2591 NZD-AUD 0.7664 NZD-USD 0.8053 NZD-EUR 0.5667 Please note the above are indication rates between the buy and sell side of the market at 7am on Monday 20th of June 2011