Market Comment - Currency Exchange
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The British Pound sterling rates today versus other currencies including AED Dirham of Dubai and Abu Dhabi, euros, USD, Canadian and Australian dollars together with Japanese Yen can be bought and sold through our global currency exchange network at the best currency exchange rates available today. Below is our currency cross rates table. The figures quoted are the mid rates ( Interbank) between the buying and selling rates. For a quote to buy, or sell, your foreign currency, please contact us.
Currencies - Cross Rates
| AUD | EUR | GBP | USD | CHF | AED | |
|---|---|---|---|---|---|---|
| AUD | 1 | 0.7316 | 0.63085 | 0.98492 | 0.90433 | 3.62178 |
| EUR | 1.36687 | 1 | 0.86229 | 1.34626 | 1.23609 | 4.9505 |
| GBP | 1.58516 | 1.1597 | 1 | 1.56125 | 1.4335 | 5.74109 |
| USD | 1.01531 | 0.7428 | 0.64051 | 1 | 0.91817 | 3.67723 |
| CHF | 1.1058 | 0.809 | 0.69759 | 1.08912 | 1 | 4.00495 |
| AED | 0.27611 | 0.202 | 0.17418 | 0.27194 | 0.24969 | 1 |
| Other Currencies |
Currency Market Comment today:
Daily Foreign Currency Exchange News: 27th September, 2010
Is now a good time to Buy or Sell the US Dollar?
US Dollar: Talk in the foreign exchange commnity sees the Dollar at risk of further declines as there’s strong suggestion from the Fed that Quantitative Easing may be on the way. View our currency converter to compare the dollar against your currency.
Euro: The euro is suspiciously high, according to some foreign exchange analysts. As European Members report ever-greater debts, investors continue to ignore the facts before them. In some cases, we’re at 4-month highs. Questions are now beginning to surface about just how long the euro can continue this rally. The Eur/usd is now just below the 1.3500 level. This is a significant level. If the euro breaks through, and holds above, 1.35, we may see some speculators leave the currency on a grand scale.
Australian Dollar: Trends indicate that the aud will go higher against the usd this week. After a climb of 2.36 percent, the Australian Dollar is beginning to top-out, some believe.
GBP/USD: The Pound Stirling has moved little against the USD this morning. As mentioned on Friday, the pair have remained trading within a tight band, and just above 1.5800.
GBP/JPY: The Pound has remained steady against the Yen, despite the Bank of Japan’s second intervention last week. They remain at around 133.30.
USD/JPY: A significant differnce between the Dollar and the pound, is the fact that the usd/jpy has reached a fresh low of 84.18. Friday’s sell-off from 85.40 to 84.12, suggests a decline.
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With the currency rates altering as quickly as they are, we suggest you choose from the following:
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If the rate suits you now, make that exchange. It may go a bit more in your favour, but it’s just as likely to go against you.
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