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Saturday, 25 June 2011

1Casa Daily Currency News


Today's Updates

German business confidence brightens
Munich-based Ifo Institute reports a rise in its business climate index for the first time since February as companies shrug off worries about Greek debt crisis

HK to set daily renminbi rate against dollar
Market participants have been pushing for a daily benchmark since last summer when the Chinese currency became freely tradable in Hong Kong

Euro falls after ECB warns on eurozone stability
Single currency sold after Jean-Claude Trichet warns the Greek debt crisis is threatening the stability of the eurozone

Greece's euro exit can now only be a matter of time
A Greek debt default, however it is disguised, is a foregone conclusion but of more interest is the fate of the euro, writes Samuel Brittan


Overview: Recovery and debt fears take toll
Sharp rise in risk aversion boosts the dollar and US and German government bonds, while equities, gold and copper decline. 

Cristina Sanchez

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GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES Mid Price
GBP-EUR
1.1247
GBP-USD
1.5960
GBP-AED
5.8609
GBP-AUD
1.5211
GBP-EGP
9.5314
GBP-BRL
2.5475
GBP-KWD
0.4392
GBP-NZD
0.5084
EUR-USD
1.4190
EUR-AED
5.2110
EUR-BRL
2.2650
USD-AED
3.6722
AUD-AED
0.2595
NZD-AUD
0.7733
NZD-USD
0.8114
NZD-EUR
0.5718
Please note the above are indication rates between the buy and sell side
of the market at 7am on
Saturday 25th of June 2011


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