Purchasing Euros


Purchasing Euros With Currency Today


Purchasing Euros with Currency Today

Currency Today are a UK based FX currency broker specializing in Purchase Euros for corporate and domestic clients. Contact us for the very best exchange rates for all your Purchase Euros needs.

 

Interbank foreign exchange rates:


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Updated Monday 12th May 2008

EURO / GB POUND 0.7909
GB POUNDS / EURO  1.2643
BRITISH POUND / US DOLLAR 1.9469
EURO / US DOLLAR   1.5390
GB POUND / JAPANESE YEN 201.56
GBP/AUD 2.0710
GBP/NZD 2.5401
GBP/ZAR 14.8936
GBP/CHF 2.0404
GBP/CAD 1.9629
GBP/SGD 2.6679
GBP/THB 62.32
GBP/HKD 15.1769

 

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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
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  • Knowledgeable - The Currency Today team are trained to the highest standards on foreign exchange markets, payments, settlements and banking
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  • Teamwork - Our employees and departments work hard to ensure we offer the best exchange rate to Purchase Euros and the  experience is as smooth and hassle free
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Tuesday 15/05/2007


• Sterling suffers against the US Dollar & Euros
• German GDP shows surprising strength
• UK RICS house price inflation jumps again
• Nikkei suffers on poor machinery orders
• Oil ticks up on US supply concerns

US Dollar: US CPI & Real Earnings 13:30

Attention will also focus on US CPI data due this afternoon. We are also looking at comments by US Federal
Reserve officials for clues as to the likely path of US interest rates, Now lower than the UK. The market within 2007 is expected the US to cut interest rates to help boost the slowing economy. Inflation remains a problem, being higher than expected, forcing the market to be unclear on any timings.

Pound: UK CPI & RPI 09:30

Sterling slipped back against both the US D & EURO yesterday after weaker than expected UK input price inflation data. This weak data reduced the chance of further interest rate hikes. The USD rate was below 1.9800 and fell to 8 week lows against the Euro at 1.4600. Input price rose by only 0.7% expected at 1.0% and
1.2% in March. Leading on to today’s big UK release CPI data yesterday’s release lowered expectation of a
high figure as we saw last month at 3.1%. That helped push the USD over 2.0000. Even more important tomorrow will be the BoE inflation report detailing important info on the underlying pricing pressures including
house prices. Today’s CPI release could see sterling weaken further.

Euro: Q1 GDPA 10:00

Today’s data release may provide a bit of a lift with the first estimate of Q1 Eurozone GDP expected to show
the economy operating well above trend. Preliminary German GDP data released this morning point to upside
surprise, showing growth of 0.5% on the quarter compared to forecasts for a 0.3% rise. With weaker UK CPI
expected we could see the Euro continue to strengthen against Sterling moving the rate into 1.4500 area.

General News:

• Overnight Japanese machinery orders were down massively against expectations and the Nikkei suffered
as a result closing almost a percentage point off. The yen is still struggling on the back of heavy
carry trade activity.
• People’s Bank of China advisor Fan Gang commented that it would be better to let the yuan appreciate
sooner rather than later and that the economy is not yet overheating.
• Oil ticked up overnight as expectations that the return of US refineries from maintenance will spur demand
in the coming summer months. Oil trades $62.60.

Interbank foreign exchange rates:
Updated 15th May
G BRITISH POUND / US DOLLAR 1.9794
GB POUNDS / EURO    1.4622
EURO / US DOLLAR    1.3538
GB POUND / JAPANESE YEN  237.90
GBP/NZD 2.6899
GBP/ZAR 13.8049
GBP/CHF 2.4105
GBP/CAD 2.1909
GBP/SGD 3.0019
GBP/THB 65.121
GBP/HKD 15.4676

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