Axia FX Sterling Update 07/12/09

Good Morning,     Please find below the current interbank market mid rates*.       GBP/EUR  1.1045 GBP/USD  1.6364 GBP/AUD  1.7983 EUR/USD  1.4810 EUR/GBP  0.9052 GBP/CHF  1.67 GBP/ILS    6.2211   *Please note that these are indicative interbank mid market rates. Please call Axia FX for a live tradable rate.   I hope that you [...]

Axia FX Sterling update 26/10/09

A bumpy ride for the pound………….                                 GBPEUR weekly movement; 2.7%                             GBPUSD weekly movement, 2.8%     Well, last week saw sterling mimicking a short distance runner. We started the week of in a fairly lack lustre position but with some positive comments out of the BOE, Quantative Easing is working, perhaps [...]

Axia FX Sterling update 22/10/09

Please find below the opening interbank market mid rates*. The outlook for the Pound remains positive after the Bank of England minutes seemed to indicate further investment into the Quantative Easing programme would be put on hold for the forseeable future. GBP/EUR  1.1075 GBP/USD  1.6570 GBP/AUD  1.8006 EUR/USD  1.4960 GBP/ILS    6.1242 *Please note that these are [...]

Axia Fx Sterling Update 20/10/09

Good Morning, Please find below the opening interbank market mid rates*. The outlook for the Pound is very negative at the moment. GBP/EUR  1.0967 GBP/USD  1.6410 GBP/AUD  1.7709 EUR/USD  1.4964 GBP/ILS    6.0704 *Please note that these are indicative interbank mid market rates. Please call Axia FX for a live tradable rate. I hope all is [...]

UK Exchange rates for 15/10/09

Please find below the opening interbank market mid rates*. The Pound has bounced back against a basket of currencies following on from the better than expected unemployment figures published yesterday. GBP/EUR  1.0793 GBP/USD  1.6121 GBP/AUD  1.7502 EUR/USD  1.4932 GBP/ILS    5.9691 GBP/CAD  1.6486 *Please note that these are indicative interbank mid market rates. Please call Axia [...]

Axia FX Sterling update 14/10/09

The current plight of sterling remains rooted in UK PLC’s inability to shrug of weak data, projected low interest rates through 2010 and further Quantative Easing (printing money to buy UK debt). Doomsayers are predicting parity, or even below 1-1 on GBPEUR, with further weakness against the US dollar. In fact sterling has hit a [...]

UK Exchange Rates for 13/10/2009

Please find below the opening interbank market mid rates*. The outlook for the Pound is very negative at the moment. GBP/EUR  1.0683 GBP/USD  1.5779 GBP/AUD  1.7429 EUR/USD  1.4768 GBP/ILS    5.8719 *Please note that these are indicative interbank mid market rates. Please call Axia FX for a live tradable rate. I hope all is well, and [...]

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