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£ - €
Range of the week: 1.2442 – 1.2531`
Variance on £10k = €89
Variance on £1,000pm = €8.90


Although Spain has been the main news story this week, GBP/EUR has stayed flat forcing most to accept that a lot of the recent news has been priced in.

In real terms it must be noted that although Europe has been getting all the headlines over the last 2 months GBP/EUR has had the tightest trading range of our major pairs due to our close links.

GBP/NZD 9.9% (1.9151-2.1052)
GBP/ZAR 9.9% (12.17 – 13.38)
GBP/JPY 8.4% (122.91-133.25)
GBP/AUD 6.3% (1.5251-1.6185)
GBP/USD 5.2% (1.5561-1.6377)
GBP/EUR 5.1% (1.1959-1.2577)


£ - $
Range of the week: 1.5549 – 1.5716
Variance on £10k = $167
Variance on £1,000pm = $16.70


As there was a bank holiday on Monday in the US there hasn’t been any major data yet this week In the US or globally however the US was given a boost yesterday with house prices coming out slightly better than expected.


£ - AUD
Range of the week: 1.5867 – 1.5972
Variance on £10k = $105
Variance on £1,000pm = $10.50


No data / news


£ - NZD
Range of the week: 2.0474- 2.0658
Variance on £10k = $184
Variance on £1,000pm = $18.40


No data / news


£ - ZAR
Range of the week: 12.994 – 13.2210
Variance on £10k = ZAR 2,270
Variance on £1,000pm = ZAR 227


No data / news


£ - CAD
Range of the week: 1.6027 – 1.6073
Variance on £10k = $46
Variance on £1,000pm = $4.60


No Data / News
 
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