­­­

 

 

 

 

 

 

 

 

 

GBP-EUR

1.1756

 

GBP-USD

1.5185

 

GBP-AED

5.57

 

GBP-JPY

145.95

 

GBP-CAD

1.5540

 

GBP-CHF

1.4350

 

GBP-HUF

358.70

 

GBP-TRY

2.7670

 

GBP-AUD

1.4610

 

GBP-ZAR

14.12

 

GBP-NZD

1.8275

 

GBP-SGD

 

1.9010

 

 

 

 

 

 

GBP-PLN

4.91

 

GBP-HKD

11.78

 

GBP-THB

44.27

 

GBP-MYR

 

4.84

 

EUR-USD

1.2915

 

EUR-AED

4.7385

 

EUR-TRY

2.3520

 

EUR-AUD

1.2415

 

USD-CAD

1.0235

 

USD-JPY

95.42

 

USD-NZD

1.2050

 

 

 

 

 

 

 

(Please note these rates were taken at 10:55am today, rates do fluctuate every 2 – 3 seconds and your rate will depend on the amount you wish to exchange. Please call or e-mail with the amount you wish to purchase to get an exact exchange rate)

 

 

 

 

If you wish to see any other exchange rates above then please don’t hesitate to contact me.

 

 

 

 

 

 

 

 

 

 

The pound rose to a three-week high against the dollar after a government report showed retail sales increased more in February than economists forecast.

Sterling appreciated versus all except two of its 16 major counterparts as the data damped speculation the Bank of England will need to increase monetary stimulus that tends to debase a currency. The pound climbed to the strongest in five weeks against the euro as a contraction in German manufacturing and an impasse over a bailout for Cyprus sapped demand for the single currency. U.K. government bonds declined.

“It’s certainly good news for the pound bulls,” said Kathleen Brooks, research director in London at Forex.com, a unit of online currency-trading company Gain Capital Holdings Inc. “The retail sales were much better than expected. It really was very positive.”

Sterling may encounter “another big wave of resistance” at $1.5280 should it climb above $1.5220, Forex.com’s Brooks said. Resistance refers to an area on a chart where sell orders may be clustered.

Retail sales including fuel jumped 2.1 percent from January, the Office for National Statistics said, exceeding the 0.4 percent median forecast of economists in a Bloomberg News survey. The U.K. had its smallest February budget deficit since 2008, a separate government report showed.

Sterling is still 4.4 percent weaker this year, the second- worst performance after the yen, according to Bloomberg Correlation-Weighted Indexes, which track 10 developed-nation currencies. The euro gained 0.7 percent and the dollar advanced 3.2 percent.

 

 

 

 

 

 

 

 

 

 

 

 

Today’s report was
brought to you by

Excel Currencies

 

 

 

 

 

 

The contents of this report are for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. The author(s) cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

 

 

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-mail: ian.daly@excelcurrencies.com