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 TODAY'S EXCHANGE RATES CURRENCIES Mid 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