{"id":3049,"date":"2013-07-26T22:00:40","date_gmt":"2013-07-26T22:00:40","guid":{"rendered":"http:\/\/www.mycurrencytransfer.com\/blog\/?p=3049"},"modified":"2013-07-27T19:15:57","modified_gmt":"2013-07-27T19:15:57","slug":"gbpusd-puts-up-modest-show-to-close-the-week","status":"publish","type":"post","link":"https:\/\/www.mycurrencytransfer.com\/blog\/gbpusd-puts-up-modest-show-to-close-the-week\/","title":{"rendered":"GBP\/USD puts up modest show to close the week"},"content":{"rendered":"<p><a href=\"https:\/\/plus.google.com\/111687047260609547765\/posts\"><b>Sinduja Venkat<\/b><\/a><\/p>\n<p>Good morning and welcome to today\u2019s\u00a0foreign exchange market commentary on 26th\u00a0of July.<b>\u00a0<\/b><\/p>\n<p><b>Here are MyCurrencyTransfer.com\u2019s top 5 currency highlights:<\/b><\/p>\n<ul>\n<li>GBP\/USD puts up modest show to close the week<\/li>\n<li>Analyst views on Euro suggest vulnerability to continue<\/li>\n<li>US equities close week on positive note<\/li>\n<li>USD\/JPY back at sub-100<\/li>\n<li>USD\/CAD does good business boosted by greenback<\/li>\n<\/ul>\n<p><b>CURRENCY RATES OVERVIEW\u00a0<\/b><\/p>\n<p><b>GBP\/EURO \u2013\u00a0<\/b>1.1587<br \/>\n<b>GBP\/USD \u2013\u00a0<\/b>1.5365<br \/>\n<b>GBP\/CHF \u2013\u00a0<\/b>1.4281<br \/>\n<b>GBP\/CAD \u2013\u00a0<\/b>1.5816<br \/>\n<b>GBP\/AUD \u2013\u00a0<\/b>1.6629<br \/>\n<b>GBP\/ZAR \u2013\u00a0<\/b>15.0484<br \/>\n<b>GBP\/JPY \u2013\u00a0<\/b>150.9844<br \/>\n<b>GBP\/HKD \u2013\u00a0<\/b>11.9197<br \/>\n<b>GBP\/NZD \u2013\u00a0<\/b>1.904059<br \/>\n<b>GBP\/SEK \u2013\u00a0<\/b>9.9547<\/p>\n<p><i>Mid-market rates as of 2013-07-26 16:00 UTC<\/i><\/p>\n<p><b>Key releases in the next 24 hours that may affect currency date:<\/b><\/p>\n<p><b>Australia:\u00a0<\/b>No Data<br \/>\n<b>Europe:\u00a0<\/b>EUR German Import Price Index (MoM) (JUN), EUR German Import Price Index (YoY) (JUN), EUR German Import Price Index (MoM) (JUN), EUR German Import Price Index (YoY) (JUN), EUR German Import Price Index (YoY) (JUN), EUR ECB Announces 3-Year LTRO Repayment<br \/>\n<b>United Kingdom:\u00a0<\/b>No Data<br \/>\n<b>New Zealand: <\/b>No Data<br \/>\n<b>United States of America:\u00a0<\/b>USD U. of Michigan Confidence (JUL F)<br \/>\n<b>China:<\/b> CNY MNI July Business Sentiment Indicator, CNY Industrial Profits YTD (YoY) (JUN)<br \/>\n<b>Canada:<\/b> No Data<br \/>\n<b>Japan:\u00a0<\/b>No Data<\/p>\n<p><b>GBP\/USD puts up modest show to close the week<\/b><\/p>\n<p>GBP\/USD, pair was found to hover between 1.5373 and 1.5418 at the end of the week up ahead of the US markets open. GBP\/USD rallied on Thursday in NY to gain back lost ground after the release of UK GDP when the pound initially dropped a big figure. Markets are not particularly supporting the pound on positive data and with that number coming in line with expectations.<\/p>\n<p><b>Analyst views on Euro suggest vulnerability to continue<\/b><\/p>\n<p>Analysts have indicated their views on the long-term outlook of the EUR as it concerns the bourgeoning string of political crises across the European continent. Key opinions suggest that several major economies will continue to remain vulnerable if rates rise sharply in the quarters ahead, but it is widely believed that the Euro Area currently has one of the lower thresholds for pain in this regard.<\/p>\n<p><b>US equities close week on positive note<\/b><\/p>\n<p>The US stocks market closed positive on Friday after recovering big losses in the previous session. The Dow Jones advanced by 3.22 points or 0.02% to finish the day at 15,558.83. On the week, the DJIA performed its fifth positive week in row after rising 0.1% since the last Friday&#8217;s close. The S&amp;P 500 added 1.40 pts or 0.08% to 1,691.65. The INX declined 0.03% in the week. The Nasdaq rose 7.97 pts or 0.22% to close the week at 3,613.16. The Composite was 0.71% up on the weekly basis.<\/p>\n<p><b>USD\/JPY back at sub-100<\/b><\/p>\n<p>The USD\/JPY foreign exchange rate has recovered off of earlier lows that briefly touched below the 98.00 level during US trading Friday. At the time of writing the pair briefly rallied over this level<\/p>\n<p><b>USD\/CAD does good business boosted by greenback<\/b><\/p>\n<p>USD\/CAD touched solid grounds as price was held within 1.0270 and 1.0280 levels. The pair rallied on the back of a stronger greenback.<\/p>\n<p><i>Going on holiday? Compare travel money deals with our sister site mytravelmoney.co.uk<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sinduja Venkat Good morning and welcome to today\u2019s\u00a0foreign exchange market commentary on 26th\u00a0of July.\u00a0 Here are MyCurrencyTransfer.com\u2019s top 5 currency highlights: GBP\/USD puts up modest show to close the week Analyst views on Euro suggest vulnerability to continue US equities close week on positive note USD\/JPY back at sub-100 USD\/CAD does good business boosted by greenback CURRENCY RATES OVERVIEW\u00a0 GBP\/EURO [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[110,3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/3049"}],"collection":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/comments?post=3049"}],"version-history":[{"count":1,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/3049\/revisions"}],"predecessor-version":[{"id":3050,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/3049\/revisions\/3050"}],"wp:attachment":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/media?parent=3049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/categories?post=3049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/tags?post=3049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}