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Monday, 4 July 2011

Daily Currency News

Today's Updates

Economic Outlook: Focus returns to US jobs
Markets will switch attention back to the US economy this week and particularly its payroll figures for June after the weak reading in May

Eurozone finance ministers set to approve Greek aid
Eurozone finance ministers set to approve next tranche of emergency aid for Greece and discuss a second three-year financing plan for Athens, say officials

Greek budget deal gives boost to euro
The euro surged higher after the Greek government was successful in passing its austerity plans through parliament

Currency war fears reignite in Brazil
The relentless strengthening to its strongest level since just after it was first floated in 1999 is a serious headache for the administration

Investors poles apart in time of doom and boom
Both the recent fear and subsequent rally in global markers were understandable if overdone, but a deeper disorder underlies the moves

GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES Mid Price
GBP-EUR
1.1092
GBP-USD
1.6122
GBP-AED
5.9157
GBP-AUD
1.5005
GBP-EGP
9.6035
GBP-BRL
2.5089
GBP-KWD
0.4434
GBP-NZD
0.5149
EUR-USD
1.4535
EUR-AED
5.3333
EUR-BRL
2.2619
USD-AED
3.6693
AUD-AED
0.2537
NZD-AUD
0.7726
NZD-USD
0.8301
NZD-EUR
0.5711
Please note the above are indication rates between the buy and sell side
of the market at 7am on
Monday 4th of July 2011

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