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Euro to Dollar with Currency Today

Currency Today are a UK based FX currency broker specializing in money Transfer and the Euro to Dollar for corporate and domestic clients. Contact us for the very best exchange rates for Euro to Dollar Transfer needs.

Interbank foreign exchange rates:

These rates are for indication purposes only and are not applicable for holiday money. Holiday money rates click here

Updated: 02-07-2009

British Pound to US Dollar
GB Pounds to Euro
Euros to Pounds
Euro to US Dollar
GB Pound to Japanese Yen
Pounds to Australian Dollars
Pounds to New Zealand Dollars
GBP/ZAR
GBP/CHF
GB Pound / Canadian Dollar
GBP/SGD
GBP/THB
GBP/HKD
GBP/TRY
1.6359
1.1598
0.8622
1.4095
157.80
2.0386
2.5701
12.711
1.7631
1.8797
2.3679
55.46
12.665
2.4964

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Why Currency Today for your Euro to Dollar Transfer?

Our competitive exchange rates, levels of service and ground breaking technology apply to all our clients.

Competitive - Executing millions of pounds worth of transactions a year provides clients access to a range of suppliers including banks and liquidity providers
Transparency - We deliver our products and services with simplicity to all our clients surrounding their Euro to Dollar Transfer and associated costs
Knowledgeable - The Currency Today team are trained to the highest standards on foreign exchange markets, payments, settlements and banking
Communication - We believe in maintaining the highest standard of communication
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Efficiency - We provide our clients with the most efficient service throughout. This is achieved through our knowledge, expertise and technology.
Teamwork - Our employees and departments work hard to ensure your buying Euro to Dollar experience is as smooth and hassle free
Quality - Currency Today works on the highest industry standards and client satisfaction
Innovative - Currency Today continues to use technology to be at the forefront of foreign exchange brokering

To enquire about today's exchange rate please click the following link Euro to Dollar

Monday 30/04/2007

• Poor GDP figures put the dollar under pressure
• US dollar pulls back on Eastern buying yet again
• MPC should hike by 0.5% this quarter according to NIESR
• German retail sales data puts Euro on the back foot this morning
• Turkish lira drops 4% on political instability
• Oil rises on geo-political tensions

US Dollar:

A very volatile session on Friday for the dollar. Following sharp rallies the previous day, the dollar always
looked susceptible to a sell-off which materialised quickly on Friday morning. The dollar didn’t get any help
from GDP figures which were fairly weak. Euro-dollar set new all-time highs before paring gains on a bounce
back from the highs which saw the dollar rally across the board. The Fed’s Yellen did see a possible economic
downturn whilst the FT sees the US sliding towards stagflation.
This morning the dollar is looking firm on the back of rumours of large Euro dollar sales on behalf of a distressed
hedge fund. PCE data is due this afternoon forecast to come in lower.

Pound:

A good start on Friday for the pound after heavy pressure on Thursday. The main beneficiary was cable which
rallied almost a cent with no real macro-data moving the market. This inched the pound up against the Euro
hitting a peak of 1.4678 before paring gains on dollar strength.
This morning the National Institute of Economic and Social Research (NIESR) released a report hinting that
the MPC should raise rates by 0.5% this quarter to combat inflation. Elsewhere a Hometrack housing survey
showed that prices rose by 6.8% annually however the Sunday Express reported that outside of London,
housing markets were beginning to show signs of a slowdown. GFK consumer confidence is the UK figure of
choice today which is due to show a slight improvement.

Euro:

All time highs for Euro dollar on Friday pushing up to a record of 1.3680. The Euro has lost ground this morning
on the back of hedge fund rumours and very poor German retail sales which were released on the open,
the drop possibly due to a pinch from the German VAT hike at the start of the year. European bonds have
rallied this morning pushing the currency lower.

General News:

• Carry traders flattened some of their more aggressive positions in early trade following the decision by
China to raise Reserve Requirement to 11% in an attempt to cool growth. Higher yielding currencies
such as the Aussie, Kiwi and Rand have posted large losses as a result.
• The Turkish lira dropped 4% on the back of political tensions and the sell off of carry trade positions
explained above.
• Asian markets are set for a patchy week as there are bank holidays throughout.
• Oil rallied on Friday and in early trade as a plot to attack oil facilities in Saudi were foiled. This morning
oil is trading $66.28.

Interbank foreign exchange rates:
Updated 30th April
G BRITISH POUND / US DOLLAR 1.9954
GB POUNDS / EURO 1.4658
EURO / US DOLLAR 1.3614
GB POUND / JAPANESE YEN 238.43
GBP/AUD 2.4121
GBP/NZD 2.7009
GBP/ZAR 14.2032
GBP/CHF 2.4096
GBP/CAD 2.2327
GBP/SGD 3.0314
GBP/THB 64.001
GBP/HKD 15.6044

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