Sponsored By:
Currency  Rates
Base  currency is GBP. Rates as of 2011-05-04 19:09:00 UTC (GMT).
| Top 10 Currencies By popularity | ||||
|   Currency  Unit  |    GBP  per Unit  |    Units  per GBP  |  ||
|   USD  United States Dollars  |    0.6057398577  |    1.6508736999  |  ||
|   EUR  Euro  |    0.8987272177  |    1.1126846726  |  ||
|   GBP  United Kingdom Pounds  |    1.0000000000  |    1.0000000000  |  ||
|   CAD  Canada Dollars  |    0.6322098900  |    1.5817531738  |  ||
|   AUD  Australia Dollars  |    0.6507216180  |    1.5367554608  |  ||
|   JPY  Japan Yen  |    0.0075152352  |    133.0630351495  |  ||
|   INR  India Rupees  |    0.0135784754  |    73.6459708351  |  ||
|   NZD  New Zealand Dollars  |    0.4782284432  |    2.0910508652  |  ||
|   CHF  Switzerland Francs  |    0.7038429244  |    1.4207715463  |  ||
|   ZAR  South Africa Rand  |    0.0909487969  |    10.9951976775  | ||
UK Data Disappoints (Why the pound is crashing)
In the UK, there was a slew of data released but none of it was terribly GBP supportive. First off, the Nationwide HPI, which highlights house price changes on a monthly basis, dropped 0.2% versus expectations of a 0.3% rise. Second, the construction PMI underperformed, coming in at 53.3 from last month’s 56.4 and less than the expected 55.6. Finally, net lending to individuals was calculated at 0.5B on the month, which is much less than the 1.7B expected and last. Obviously the UK economy is sputtering and as such, the currency has underperformed the EUR today due to the divergence in news reports. That being said, the risk environment and correlation to Europe have actually helped the pound to gain against the US dollar.
Current Conditions
More Information
17°C9:06 AMPARTLY SUNNY
RealFeel®21°C
WindsCalm
Relative Humidity73%
Dew Point12°C
Barometric Pressure1018 mb
Pressure TendencyRising
Visibility11 km
Sunrise6:58 AM
Sunset8:56 PM
Three-Day Forecast


ThursdaySome sunshine with a couple of showers
RealFeel®: 26°C
High Temperature: 21°C
Low Temperature: 15°C
Details | Hour-By-HourFridayIntervals of clouds and sunshine
RealFeel®: 20°C
High Temperature: 20°C
Low Temperature: 16°C
Details | Hour-By-HourSaturdayConsiderable clouds with a couple of showers
RealFeel®: 25°C
High Temperature: 23°C
Low Temperature: 15°C
Details | Hour-By-Hour
No comments:
Post a Comment