1casa Daily Currency News

Today's Updates Sterling falls as consumers lose heart Pound drops to a 16-month low against the euro as concerns over the UK's fragile recovery intensify after weak data and public sector strikes Investors follow herd in volatile quarter In a climate of uncertainty, a 'risk on, risk off' pattern has defined trading, challenging investors slow to alter their asset positions Euro advances after Greece passes crisis measures Single currency builds on its gains, lifted as the Greek parliament passed the bill to tackle the country's debt crisis Overview: risk assets resume their upward march Equities pushed to within a whisker of their best performance in more than two months and the euro reclaimed the $1.44 level Sri Lanka backs renminbi bank deals Move underscores the growing internationalisation of the Chinese currency as well as the close ties between the two countries GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR 1.1075 GBP-USD 1.6065 GBP-AED 5.9035 GBP-AUD 1.5005 GBP-EGP 9.5971 GBP-BRL 2.5096 GBP-KWD 0.4404 GBP-NZD 0.5143 EUR-USD 1.4505 EUR-AED 5.3305 EUR-BRL 2.2660 USD-AED 3.6748 AUD-AED 0.2542 NZD-AUD 0.7717 NZD-USD 0.8262 NZD-EUR 0.5696 Please note the above are indication rates between the buy and sell side of the market at 7am on Friday 1st of July 2011