Daily Currency News** 1Casa Rate for the £/Euro for our clients this Month 15.99784

Euro stabilises after slide on contagion fear The euro drops to a four-month low against the dollar and a record trough against the Swiss franc as eurozone debt crisis escalates Sovereign debt crisis sends equities tumbling Concerns about sovereign debt on both sides of the Atlantic and nerves over European bank 'stress tests' drove equity prices sharply lower Buy into the gold rush as metals go mainstream I'm getting an unusual number of e-mails about gold, asking how to go about buying it Swiss franc's record run ends The Swiss franc moves to new records against the euro and dollar but falls back after Fed plays down easing speculation Finding refuge in Japanese assets The move into yen may be linked to a fall in the opportunity cost of holding it as yield differentials have contracted GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR 1.1401 GBP-USD 1.6135 GBP-AED 1.1391 GBP-AUD 1.5165 GBP-EGP 9.6049 GBP-BRL 2.5398 GBP-KWD 1.1394 GBP-NZD 0.5234 EUR-USD 1.4152 EUR-AED 0.9991 EUR-BRL 2.2277 USD-AED 0.7060 AUD-AED 1.3313 NZD-AUD 0.7937 NZD-USD 0.8445 NZD-EUR 0.5967 Please note the above are indication rates between the buy and sell side of the market at 7am on Saturday 16th of July 2011