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Monday, 18 July 2011

Daily Currency News



Asian stocks off to a weak start
Markets hobbled by concerns over whether European bank stress tests were tough enough and US debt ceiling negotiations

Eurozone exit could restore Greek competitiveness
Policymakers insist that a Greek departure from euro is not under consideration because the consequences would be so severe

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



CURRENCY EXCHANGE RATES
CURRENCIESMid Price
GBP-EUR
1.1464
GBP-USD
1.6097
GBP-AED
5.9123
GBP-AUD
1.5186
GBP-EGP
9.5853
GBP-BRL
2.5357
GBP-KWD
0.4427
GBP-NZD
0.5240
EUR-USD
1.4041
EUR-AED
5.1573
EUR-BRL
2.2119
USD-AED
3.6730
AUD-AED
0.2569
NZD-AUD
0.7957
NZD-USD
0.8434
NZD-EUR
0.6007
Please note the above are indication rates between the buy and sell side 
of the market at 7am on 
Monday 18th of July 2011

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