GBP/EUR trading above 1.39 – Compare & Book
Quote of the day: “Small daily improvements are the key to staggering long term results”
October 26th: Highlights
- Sterling pushes to two month Euro highs on Friday
- GBPEUR currently trading over 1.39
- US dollar takes strength from ECB talks
- China executes sixth interest cut for the year
Sterling Comment
With GBP/EUR trading above 1.39, log in to compare live quotes today.
Following a mostly range bound trading for GBP/USD last week, last Friday mostly followed suit with little volatility. Again, the opening of the US acted as a catalyst for Cable volatility, with the British Pound falling just over 1% on the day, to hit two week low of 1.5341, where it is currently trading.
If you are looking to buy or sell US Dollars, log in to compare live quotes today.
Global Highlights
|
EUR/USD fell a full 1.1 % to a two and a half month low of 1.1017. This depreciation was heavily influenced by the ECB conference which weighs on investor confidence in the single currency |
|
|
Canadian core CPI came in lower than forecast for the first time since December last year. GBP/CAD gained 1% on the news, hitting highs of 2.0263. The pair is now trading back at 2.0166 |
|
|
The Aussie housing market isn’t performing well, leading to investor speculation that an interest rate cut is on the horizon. GBP/AUD is currently trading at 2.1158 |
|
|
GBP/THB is currently trading around 54.40. Data released this morning showed a large reduction in imports and export contraction. |
Have a great day!
Morning mid-market rates – The majors
GBP > USD 
= 
= 
= 
= 
= 85% savings. Job Done. So, what is the secret sauce of the CurrencyTransfer.com marketplace?
How are we innovating?
Well, we are not an expensive bank costing you up to £1,500 on every £50,000 trade. Neither do you ever need to ring around multiple brokers and speak to sales guys. Pretty inaccurate way of shopping around. We help you maximise the value of each transfer. Quite simply, you are in control. Foreign exchange companies compete in a LIVE marketplace to win your business.
You win!
Got a question? We’d be delighted to help!
Paul Plewman
Director of Sales & Operations
t: +44 (0) 20 7096 1036
e: paul@currencytransfer.com
