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Thread: What's the current exchange rate in Tenerife?

  1. #1521
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    Re: What's the current exchange rate in Tenerife?

    1.122 in outlet near FADOS. Couldn't be bothered to walk up to Admiral Travel - too hot !

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    Re: What's the current exchange rate in Tenerife?

    That's a lot better than the 92 cents I saw back end of last week at Birmingham airport!!! Buyback was at 1.33.

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    Re: What's the current exchange rate in Tenerife?

    .
    CaxtonFX are currently (10:45) offering €1.1198 to the £ when you load their Euro Debit Card.

    The rate above is the same rate as you would expect to get at a Tenerife money exchange shop.


    Yesterday's Market Highlights

    Sterling remained vulnerable ahead of Thursday's election. While a Conservative win is still expected by many investors, markets have become less confident in the outcome as the Tory lead in polls narrowed. Of note will be not just whether the Conservatives win, but by what margin they do so.

    The pound reversed initial gains to ease lower over the course of the day. Sterling-dollar met a nearly two-week high around 1.2950 before falling below 1.2900. Sterling-euro briefly tested 1.1500 before falling towards 1.1420.

    Euro-dollar continued to trade above 1.1200. The dollar lost its morning gains against the euro during its afternoon session. The pound lost ground against the commodity currencies as well.


    Today's Market Highlights

    The calendar is fairly quiet today. Releases out this afternoon include Canadian Building Permits (13:30 BST) and weekly Crude Oil Inventories (15:30 BST).

    Markets may trade cautiously today as investors await a busy Thursday. Former FBI director James Comey testifies, the ECB is expected to keep monetary policy on hold but strike a dovish tone, and the UK holds its highly anticipated election.
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