Best time to Sell the USD, Dollar?
Daily Foreign Currency Exchange News: 27th September, 2010
Is now the best time for Buying or Selling the US Dollar?
US Dollar: Chatter in the global currency 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 global currency 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.
We report on the current foreign exchange movements and offer our clients the very best currency exchange rates available. Our speciality is the ability to offer competitive time option forward currency contract rates. If this is not the most recent daily currency exchange news report, view the most recent news here
Buy and sell currency at the best foreign exchange rates available today through FX-ForeignExchange
This daily global currency exchange report is for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. FX-ForeignExchange cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.
Dollar has started to strengthen
The US Dollar has just started to gain in value against other major currencies. Time for action, if you are looking to buy Dollars at some point soon.
If you have USD, this could be the time to buy dollars and sell GBP, Pounds Sterling, or Euros.
GBP: USD. In May 2010, the USD was worth $1.43 to £1. It was trading this morning a £1.5970 to £1.
However, the Dollar has started to gain back already.
Here is a chart showing the recent performance of the Pound against the dollar. This demonstartes the recent trend, but the dollar has now turned, and is strengthening. Catch it while you can.
.
EUR:USD. In december 2009 you could buy €1.50 for every $1. during 2010, the EUR strenghened against the Dollar to around €1.21 to every $1. Recently, the dollar has strenghened against the euro to around €1.32 to $1.
Today, it looks like the dollar is strengthening. Here is a chart demonstrating the recent downturn in value of the dollar against the euro. What has happened today, is an about-turn, and the dollar is rising.
The main message?
- If you have a large amount of Dollars… do something! If you want to buy your currency ahead of time, you can. With just a 10% deposit, you can fix the usd rate now, and pay the balance at a fixed point in future but keeping the current rate.
- If you want to buy Dollars, talk to one of our currency dealers and they will set a rate at which they will contact you so that you can buy your Dollars at the best price possible.
The easiest way to look at this is; if you need to change your money at some point and you need to achieve a certain amount, then you have these options:
- Exchange all of your Dollars at today’s rate. This is called a SPOT Contract. It ensures that you fix the rate today and you get your money transferred, to where it needs to be, in good time.
- Exchange some of your Dollars and risk the exchange rates going in your favour by the time you need to have the rest of the money changed. This is HEDGING in its simplest form. It does mean you can sleep at night, safe in the knowledge that you’ve made sure you don’t lose too much if the rates don’t go your way.
- Exchange your Dollars, at today’s exchange rate, with just 10% deposit. Then pay the balance when you need the money in the future. This is called a FORWARD Contract. This is the way that most of my clients are now exchanging their money. By paying just a 10% deposit, our clients can relax, safe in the knowledge that they have the right amount of money for their property purchase.
Of course, this doesn’t just apply to Dollars. It applies to any tradeable currencies.
If yo have any questions on exchanging your currency, please email me, or call 0044 (1)480 458400
Is Now a Good Time to Buy USD, US Dollars?
Buy and Sell USD, Dollars, as the rates are good at the moment.
Ask about our “Buy now - Pay Later” time option forward contract which allows you to put down just 10% deposit, with the balance payable in the future. This fixes the exchange rate now, while the rates are good.
Here are 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.
The exchange rates for currency, London pound sterling, GBP, for the morning of 3rd December 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham |
AED |
0.1638 |
6.1106 |
| Australian Dollar |
AUD |
0.5572 |
1.7952 |
| Canadian Dollar |
CAD |
0.5747 |
1.7406 |
| Swiss Franc |
CHF |
0.6016 |
1.6628 |
| Egyptian Pound |
EGP |
0.1108 |
9.1577 |
| Euro |
EUR |
0.9067 |
1.103 |
| Hong Kong Dollar |
HKD |
0.07759 |
12.8901 |
| Indian Rupee |
INR |
0.01301 |
77.026 |
| Japanese Yen |
JPY |
0.006905 |
144.859 |
| New Zealand Dollar |
NZD |
0.4368 |
2.2903 |
| Polish Zloty |
PLN |
0.2209 |
4.5394 |
| Russian Rouble |
RUB |
0.02058 |
48.6166 |
| Swedish Krona |
SEK |
0.08746 |
11.4497 |
| Thai Baht |
THB |
0.01817 |
55.241 |
| US Dollar |
USD |
0.6013 |
1.6632 |
| East Caribbean Dollar |
XCD |
0.2252 |
4.4906 |
| South African Rand |
ZAR |
0.08231 |
12.1733 |
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.
Best Exchange Rates, 0% Commission, NO Fees
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 |
To view the exchange rates on the date that this post was published, view below.
We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.
Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE
Buy and Sell foreign currency at the best rates available today.
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.
The exchange rates for currency, London pound sterling, GBP, for the morning of 19th November 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1622 | 6.1694 |
| Australian Dollar | AUD | 0.554 | 1.8057 |
| Brazilian Real | BRL | 0.3486 | 2.8762 |
| Canadian Dollar | CAD | 0.5666 | 1.7657 |
| Swiss Franc | CHF | 0.588 | 1.7012 |
| Egyptian Pound | EGP | 0.1098 | 9.2203 |
| Euro | EUR | 0.8885 | 1.1256 |
| Hong Kong Dollar | HKD | 0.07685 | 13.0144 |
| Indian Rupee | INR | 0.0129 | 77.7103 |
| Japanese Yen | JPY | 0.006674 | 149.873 |
| New Zealand Dollar | NZD | 0.4443 | 2.2519 |
| Polish Zloty | PLN | 0.2174 | 4.6122 |
| Russian Rouble | RUB | 0.02075 | 48.2224 |
| Swedish Krona | SEK | 0.08711 | 11.495 |
| Thai Baht | THB | 0.01799 | 55.8211 |
| US Dollar | USD | 0.5956 | 1.6792 |
| East Caribbean Dollar | XCD | 0.2231 | 4.5339 |
| South African Rand | ZAR | 0.08004 | 12.5153 |
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.
Best currency Rates today GBP, Pound
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 |
To view the exchange rates on the date that this post was published, view below.
We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.
Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE
Buy and Sell foreign currency at the best rates available today.
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.
The exchange rates for currency, London pound sterling, GBP, for the morning of 21st October 2009 are shown below. For LIVE CURRENCY RATES use the button on the right and take advantage of the most efficient currency exchange service available.
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1661 | 6.026 |
| Australian Dollar | AUD | 0.5649 | 1.7708 |
| Brazilian Real | BRL | 0.3515 | 2.8543 |
| Canadian Dollar | CAD | 0.589 | 1.6989 |
| Swiss Franc | CHF | 0.603 | 1.659 |
| Egyptian Pound | EGP | 0.1122 | 9.0194 |
| Euro | EUR | 0.9121 | 1.0966 |
| Hong Kong Dollar | HKD | 0.07868 | 12.7116 |
| Indian Rupee | INR | 0.0132 | 76.0286 |
| Japanese Yen | JPY | 0.006738 | 148.457 |
| New Zealand Dollar | NZD | 0.4589 | 2.1801 |
| Polish Zloty | PLN | 0.2191 | 4.5751 |
| Russian Rouble | RUB | 0.02089 | 47.9011 |
| Swedish Krona | SEK | 0.08787 | 11.3934 |
| Thai Baht | THB | 0.01831 | 54.8564 |
| US Dollar | USD | 0.6098 | 1.6402 |
| East Caribbean Dollar | XCD | 0.2267 | 4.4612 |
| South African Rand | ZAR | 0.08327 | 12.046 |
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates.
Best Foreign Exchange rates today
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 |
To view the exchange rates on the date that this post was published, view below.
We buy and sell many more currencies that the ones shown. To find out what the current exchange rates are for other currencies, just use our currency converter tool, or click “Other currencies” below the table. No commission and No transfer fees.
Is it safe? See our Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE
- Sterling had little moved on Monday, Hanging near a 2 year low versus the dollar with growing expectations that a struggling economy would result in a UK interest rate cut.
- With Bank of England’s future rate cut expected, such a move would trim the pound’s rate advantage against other currencies, which analysts said would reduce the appeal of UK investments and keep sterling weak.
- If you have US Dollars, and wish to buy GB Pounds call us today for the best currency exchange rate
GLOBAL CURRENCY EXCHANGE NETWORK - Best foreign Exchange rates today
|
CURRENCIES |
HIGH |
LOW |
|
GBP-EUR |
1.2701 |
1.2365 |
|
GBP-USD |
1.8723 |
1.839 |
|
GBP-AED |
6.8725 |
6.7614 |
|
GBP-BRL |
3.0613 |
3.0181 |
|
GBP-EGP |
9.9244 |
9.6389 |
|
GBP-TRY |
2.2155 |
2.1641 |
|
EUR-USD |
1.4767 | 1.4412 |
|
EUR-BRL |
2.416 |
2.3673 |
| EUR-AED |
5.4184 |
5.2514 |
|
USD-AED |
3.6721 |
3.671 |
| USD-EGP | 5.3083 | 5.1513 |
n.b these are just indication rates as of 8.30am on Monday 18th August
- Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.
