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June Currency UpdateJuly Currency Update
Currency News
The team at Your Global Agents is pleased to bring you latest currency news. We know that fluctuations in the exchange rate can have a big impact on your plans to purchase a new property, maintain an existing home or emigrate to another country, so we have partnered with our friends at
Moneycorp
to keep you up to date with latest market trends.
For more information on how you can be sure to achieve the best possible exchange rate, please contact Stella Giudicelli at
Stella.Giudicelli@moneycorp.com
or call her on +1 863 255 9081 or
visit this site.
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July Currency Update 14 July 2010 |
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2010 NAR Report
28% of realtors report having an international client... Full report |
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Indicative Rates
GBP/USD 1.5216
EUR/USD 1.2719
CAD/USD 0.9670 |
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Upcoming News
July 16th
US Long Term Security Purchases
July 20th
Bank of Canada Rate Statement
July 21st
UK MPC Minutes
July 22nd
US Existing Home Sales
July 23rd
UK Prelim Q/Q GDP
July 30th
US Advance Q/Q GDP
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Dear Your Global Agents Client,
The team at Your Global Agents is pleased to bring you the latest currency news. We know that fluctuations in the exchange rate can have a big impact on your plans to purchase a new property, maintain an existing home or emigrate to the USA, so we have partnered with our friends at Moneycorp to keep you up to date with the latest market trends.
It pays to use the experts. |
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The international buyer and currency exchange - a predictable trend?
The anticipated report 'The 2010 NAR Profile of International Home Buying Activity' has just been released and provides interesting reading. Anyone involved in the real estate market over the past couple of years... Read more |
GBP/USD Recent Trading Range: 1.4650 - 1.5248
The Pound has seen a steady appreciation against both the Euro and the US Dollar throughout the last month. UK Chancellor George Osborne laid out his plans in one of the most severe budgets in recent memory. The new coalition government's plans to cut public spending and raise taxes, most notably VAT (sales tax) that will rise from 17.5% to 20% in January 2011. The severity of this budget caused a drop in UK share prices as concern grew that future business profits would be harmed by the increase. For the UK's currency however most traders backed the Pound, sending it on its steadily ascending path to $1.50. Read more |
EUR/USD Recent Trading Range: 1.2158 - 1.2735
Equities markets fell both in the US and in Europe as the European Central Bank's loan repayment deadline fast approached on June 29th. Euro banks had to repay low interest rate loans that they had taken a year ago to help them through the financial crisis. The ECB, not wanting any further liquidity issues, stated it would make 132 Billion Euros available for 3 months, easing the pressure on banks struggling to find funding after the 12 month ECB loan program expired. Read more |
CAD/USD Recent Trading Range: 0.9361 - 0.9862
The CAD$ has perhaps seen the most volatility of our chosen pairs over the last month. Bumpy commodity prices have hindered the Loonie. It has still benefited strongly from last months interest rate increase, attracting traders seeking higher yields. Read more |
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Please contact Moneycorp today. You have a local team that is here to help. Let us help you get the best exchange rate!
Sincerely,
Laura McLoughlin
Regional Manager Moneycorp, Inc. |
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+1 863 370 3176 +1 407 744 8674
+1 863 255 9081 +1 407 552 2318
+1 407 744 8608 +1 407 552 9926 |
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Moneycorp, Inc. | 7380 Sand Lake Road |
Suite 410 | Orlando | FL | 32819 |
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