Foreign Exchange Rate GBP/EUR

Published on in Foreign Exchange News by

Foreign Exchange Rate EUR/USD 1.3089-1.3142

Foreign Exchange Rate GBP/USD 1.5861-1.5915

Foreign Exchange Rate GBP/EUR 1.2102-1.2122

Stronger retail sales data out of the U.S. has seen a lift in global stocks which in turn has resulted in a weakened USD and some recovery for the Euro.

Further aiding this recovery was Japan’s overnight announcement that they will contribute $60 billion to the IMF boosting the firewall against Europe’s debt crisis. This helped the Euro to establish above $ 1.3100 level as did the fact that the Spanish government is taking steps to oversee total control over its regional finances. Should other nations such as China and Brazil follow Japan’s IMF contribution, it would give short term moral support to the Euro.

Sterling is a little weaker against the Euro after testing the highest levels seen since September 2010 (1.2180).

Foreign Exchange Rate EUR/USD currently 1.3130. Support 1.3000, resistance 1.3300.

Foreign Exchange Rate GBP/USD currently 1.5905. Support 1.5700, resistance 1.6000.

Foreign Exchange Rate GBP/EUR currently 1.2113. Support 1.2100, resistance 1.2400

Recent Posts

» «

Comments are closed.

Live Currency Calculators

1 GBP = 1.13724 EUR

1 EUR = 0.8793 GBP

Change Currencies

Free Currency Calculators Mobile App

Best iTunes currency converter mobile app

Free iTunes Mobile AppiTunes currency calculator mobile app for free. Find live currency exchange rates for your iPhone or iPad.

Best Google Play currency converter mobile app

Free Google Play Mobile AppGoogle Play currency calculators mobile app for Android phone. Free on google play getting live interbank exchange rates.

© 2018 Currency Calculators : All Rights Reserved : Google Currency Calculators - Bing Currency Converter- Yahoo Currency Calculators