Will the Euro weaken further?
May 19, 2010 $ Dollars, Aed Dirhams, Currency News, £ GB Pounds
Wednesday 19th May, 2010, Global Currency Exchange market comment
Buying, or selling, euros? Now could be the time to make a move.
Most people believe the euro has further to slide against the dollar and the aed of Dubai and Abu Dhabi. If you HAVE to sell euros soon, for dollars or aed, then you may want to talk to us about setting a rate, or just buy now!
EURO to USD / AED: The Euro slid again yesterday against the US Dollar, dropping to below $1.22. This had a great deal to do with Germany’s announcementthat they wish to ban “short selling” of shares and euro government bonds among its 10 most important financial institutions. This was the lowest figure against the dollar since April 2006.
POUND TO EURO: The pound continues to hold at over 1.15, with some good news coming from the Bank of England. It looks likely that the Bank will maintain interest rates at the current low level. British businesses can take advantage of the situation, with the lowest period of borrowing at this level for some considerable time. This, in turn, will help the economy to recover at a faster rate than Europe.
POUND to US DOLLAR: With some good news coming out of the UK economy, the Pound has slowed it’s decline, but sits at an uncomfortable $1.42. Most economists believe, Sterling will go lower against the USD.
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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If the rate doesn’t suit you, contact us here, and let us know what rate you need. We will put you on our “Rate watch” list and contact you as soon as your rate is achieved.
Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.
Tags: aed, australian, buy euros, canadian, dhms, dirhams, dollars, dubai, pounds, sell euros
Global Currency Market update
May 17, 2010 $ Dollars, Aed Dirhams, Currency News, £ GB Pounds
Monday 17th May, 2010, Global Currency Exchange market comment
There seems to be no end to the current institutional need to buy US Dollars, and sell Euros and Pounds. This “herd mentality” seems to be growing, rather than abating, as everyone heads for the perceived safety of the USD and Gold. Is this a good time to sell Euros or Pounds in favour of US Dollars? Maybe. The current situation does seem very similar to Autumn 2008 where the USD was bought to the virtual exclusion of any other financial asset.
EUR: USD. The Euro has now dipped below the $1.25 level and seems to be headed towards $1.20. The market is clearly concerned about the Eurozone’s ability to cope with the austerity packages and bail-outs. Combine this with the perceived ability of the US to outperform Europe, despite its fiscal issues. email us to set a rate to sell your euros at.
GBP:USD. Pound sterling has today fallen to around $1.44. This would seem to be following the same pattern as the Euro against the USD. However, The Bank of England may be getting ready to back what they call a “very strong and powerful agreement” between the the new Conservative-Liberal government. Expect some decisive action from the new chancellor in the up-coming “emergency budget”.
GBP:EUR. It would seem that, if the markets are forced to choose between the EURO and the POUND, they prefer to invest in the pound. GBP:EUR is still above 1.15
Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.
Tags: aed, australian, dhms, dirhams, dollar, euro, global arab, global currency, pound, sterling, usd
Best Rates for the US Dollars
Jun 8, 2009 $ Dollars
The USD, American Dollar, rates today versus other currencies including British Pound Sterling, AED Dirham of Dubai and Abu Dhabi, euros, Canadian and Australian dollars together with Japanese Yen. These can be bought and sold through our global currency exchange network at the best currency exchange rates available today.
Register here for free. There is no obligation to use the most efficient currency transfer service and no charge to open an account.
The exchange rates for currency, USD, American Dollars, for the morning of 8th June 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 | USD/1 Unit | Units/1 USD |
| Utd. Arab Emir. Dirham | AED | 0.2724 | 3.6733 |
| Australian Dollar | AUD | 0.7939 | 1.2612 |
| Brazilian Real | BRL | 0.5204 | 2.0039 |
| Canadian Dollar | CAD | 0.894 | 1.1195 |
| Swiss Franc | CHF | 0.9215 | 1.0862 |
| Egyptian Pound | EGP | 0.1821 | 5.5625 |
| Euro | EUR | 1.3973 | 0.7162 |
| British Pound | GBP | 1.5984 | 0.626 |
| Hong Kong Dollar | HKD | 0.129 | 7.7533 |
| Indian Rupee | INR | 0.02132 | 47.905 |
| Japanese Yen | JPY | 0.010141 | 98.7124 |
| Polish Zloty | PLN | 0.314 | 3.2459 |
| Russian Rouble | RUB | 0.03251 | 31.2685 |
| Thai Baht | THB | 0.02966 | 34.72 |
| East Caribbean Dollar | XCD | 0.3817 | 2.721 |
| South African Rand | ZAR | 0.1249 | 8.1081 |
Call 0044 1480 458 400 for the best commercial foreign exchange rates.
Get …. LIVE CURRENCY RATES HERE …..
Tags: australian, canadian, dollar, dollars, euro, new zealand, pound, sterling, usa
5.659
1.198