INTEREST RATES
UK BASE RATE: 0.50%
US FED FUNDS: 0.25%
EURO: 0.50%
Monday 20th May 2013
Good morning
All focus last week was on the continued strength of the dollar where it has come to almost a 3 year high against other currencies. This has been driven by optimism that the US will start to reduce Quantative Easing over the next few months.
Consequently GBP/USD is trading around 1.52 this morning while EUR/USD is down around 1.2855.
GBP/EUR remains just over 1.18 on the open this morning.
Have a good week and enjoy the long Bank Holiday w/e (also a US holiday next Monday).
ECONOMIC DIARY
Click Here
CHANGE OF BANKING
IMPORTANT NOTICE
All Segregated Client Accounts have been transferred to Barclays Bank PLC from Tuesday 26th March 2013.
Please contact the office for updated bank details for any transfers you will be making to us. Thank you for your continued support.
EUR-USD
GBP-AUD
GBP-CAD
GBP-CHF
GBP-EUR
GBP-NZD
GBP-USD
GBP-ZAR
1.2875
1.5505
1.5615
1.4728
1.1795
1.8589
1.5128
14.3885
* Rates shown are market rates within the last 24 hours, are indicative and for example purposes only. The actual rate will depend on the market rate at the time of dealing.
INTEREST RATES
Monday 20th May 2013
ECONOMIC DIARY
CHANGE OF BANKING
