FX Currency conversion AUD-USD-EUR-GBP-CAD

Discussion in 'Currencies' started by knightrous, May 11, 2015.

  1. knightrous

    knightrous New Member

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    Hi Guys,

    I would not ordinarily do this but I have seen a few people asking about help/assistance with currency conversion,I havent been around much lately due to focusing on work (as an Fx broker) I would like to offer all fellow stackers preferential FX rates as a way of giving back to forum that has given me so much in the past.

    Drop me a pm if you need any assistance!
     
  2. yennus

    yennus Well-Known Member Silver Stacker

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    Can you do BRL to $AUD?
     
  3. knightrous

    knightrous New Member

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    Hi Yennus,

    Unfortunately I cannot provide liquidity for that pairing,due to there being certain sanctions with converting Brazilian Real.In most cases clients will donvert USD to AUD instead as that is considered a second tier currency over there.
     
  4. yennus

    yennus Well-Known Member Silver Stacker

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    Could you do BRL to $USD?
     
  5. petey

    petey Active Member Silver Stacker

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    AUD to HKD?
     
  6. knightrous

    knightrous New Member

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    Hi Petey,Yes I can provide liquidity for AUD to HKD...Drop me a PM in regards to the volume you are looking at converting!
     
  7. knightrous

    knightrous New Member

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    Any views and commentary in this communication (together, "Views") are general, short-term views of the JN-FX Trading and/or Distribution desks (the "Authors") and is not research produced by the JN-FX Research Department. The Views are given as the date hereof for information purposes only, are subject to change without notice and are not binding. The Views are not objective or independent of the interests of the Authors or other JN-FX Trading and/or Distribution desks, who are active participants in the markets, investments or strategies referred to herein.



    Good morning. In today's report:
    UK retail sales printed at 1.2% (market consensus 0.4%) to push sterling higher
    US manufacturing PMI's surprise to the downside
    Draghi, Carney and Yellen all giving speeches today

    FX RATES
    GBPUSD = 1.5674
    GBPEUR = 1.4041
    EURUSD = 1.1163
    GBPAUD = 1.9816
    EURGBP = 0.7122

    GBPUSD GBPEUR




    Forex Mid Market Rates Majors Forex Mid Market Rates Exotics
    USD GBP USD GBP
    USD N/A 1.5674 CNY 6.1988 9.7160
    EUR 1.1163 1.4041 HKD 7.7517 12.1500
    JPY 120.74 189.25 IDR 13146 20604
    CHF 0.9337 1.4635 INR 63.52 99.55
    SEK 8.2781 12.9735 MYR 3.5860 5.6207
    DKK 6.6789 10.4684 SGD 1.3300 2.0847
    NOK 7.5145 11.7784 THB 33.40 52.35
    AUD 0.7910 1.9816 TRY 2.6017 4.0779
    CAD 1.2187 1.9106 ZAR 11.8172 18.5223

    Central Bank and LIBOR Rates Other Indices
    GBP USD EUR Last Change % Change
    Base 0.50 0.25 0.05 FTSE 100 7040.67 34.23 0.49
    1 month 0.51 0.18 -0.07 Spot Gold ($) 1213.84 3.64 0.30
    3 months 0.57 0.28 -0.01 WTI Crude ($) 60.15 1.24 2.10
    6 months 0.71 0.42 0.05
    12 months 1.00 0.74 0.17 Forecasts Spot Q3 2015 Q4 2015 Q1 2016
    GBPUSD 1.55 1.43 1.42 1.40
    GBPEUR 1.40 1.43 1.45 1.47
    EURGBP 0.71 0.70 0.69 0.68
    EURUSD 1.11 1.00 0.98 0.95


    UK retail sales recovery surprises market
    In the UK, the main focus of yesterday was the retail sales figures for April, which printed well above market consensus at 1.2% m/m (Consensus: 0.4%, JN-FX's research: 1.8%) and recorded its highest growth rate since November last year. The ONS reported that textile, clothing & footwear sales jumped 5.2% m/m, possibly due to warmer than expected weather. The announcement pushed sterling higher against most major currencies, seeing it jump from an open price of around 1.5540 against the dollar to close near 1.5680.

    In the US, a couple of poor data prints helped push the dollar down. Manufacturing PMI's in particular provided an unwelcome shock, to lead the global manufacturing confidence index lower. The US figure for May printed at 53.8 compared to a consensus forecast of 54.5 and a previous month's figure of 54.1. Existing home sales also printed below forecast at 5.04M against a consensus of 5.24M.

    The EU had an equally poor day of data releases. German services and manufacturing PMI data came in under the market consensus, leading the overall EU composite figure to also come in under forecast at 53.4 against a forecast of 53.8. Meanwhile, headline roulette continued surrounding Greece's situation, with a German newspaper reporting that some European officials are now looking into extending the bailout program over the summer to avoid a 'Grexit by accident'. Varoufakis was quick to dismiss the story however. EURUSD traded flat on the day edging up from around 1.1130 to 1.1135.

    Today see's speeches from the heads of all 3 major central banks (Draghi, ECB 09:00BST, Carney, BoE 14:30BST and Yellen, Fed 18:00BST), where investors will be keen to try and learn more about the possibility and timing of future rate hikes. At 09:30BST UK public sector net borrowing figures are released with the market forecasting a jump from 6.7Bn to 8.0Bn, whilst our research team forecast a far smaller increase to just 6.8Bn. Finally, this afternoon at 13:30BST US CPI data is released for April, with the market expecting a slight decrease on last month's rate of 0.2% m/m to 0.1% and our economists forecasting a flat figure of 0.0%. Have a good bank holiday weekend!

    Please call your regular contact or our FX enquiries line on 020 7496 3350

    The Views are not a personal recommendation or any type of advice, including as to product suitability, to any investor and independent professional advice should be obtained before investing or transacting. JN-FX is not liable for information stated to be obtained or derived from third party sources and does not represent or warrant any third party information is accurate and complete. JN-FX will not be liable for any use made of information in this communication. Past performance (including back-testing) is not indicative of future performance and JN-FX makes no representation as to the accuracy, completeness or reasonableness of performance data, modelling or scenario analysis. Any pricing is indicative. JN-FX is not offering to sell or seeking offers to buy any Product. No part of this document may be reproduced, distributed or transmitted without JN-FX' prior written permission. JN-FX Ltd is authorised and regulated by the Financial Conduct Authority. JN-FX Ltd. Registered in England 06365196 Registered office 41 New Broad Street London EC2M 1JD.





    All telephone calls may be recorded between yourself and JNFX Ltd for training and monitoring purposes. If you are not the named or intended recipient, please inform the sender immediately by reply transmission and delete this e-mail, including any attachments, without opening or copying it. In addition, in this event, you are hereby notified that any disclosure, reading, reproduction, dissemination, distribution or any other use of this e-mail, including any attachments, is strictly prohibited. Always scan attachments before opening them. JNFX Ltd makes no warranty or representation as to the accuracy and completeness of any information and does not assume whatever commitment hereby. This material is by a representative of JNFX Ltd and is for information purposes only for market counterparties or intermediate customers and should not be construed as a solicitation or offer to buy or sell any financial related products. Legally binding obligation can only arise for, or be entered into on behalf of, JNFX Ltd by means of a written instrument, signed by a duly authorised representative. JNFX Ltd excludes any liability whatsoever for any direct or consequential loss arising from the use, or reliance on, this e-mail or its contents
     
  8. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Where were you 6 months ago! :) I got some usd at spot here but I was going to buy a pile when we were at 0.90, I even opened a foreign currency account to hold it (don't ask me why I didn't just buy CFD's).

    I'm any case it's very cool of you to help out, I occasionally have to make payments in USD so it might come in very handy if your still available to do it over the next year.

    Out of interest, what was your path to becoming an fx broker? Are you trading at all or broking for large companies and traders or doing retail? I'm an international studies student and I'm always fascinated watching world events play out on the fx markets, very interesting work.
     
  9. knightrous

    knightrous New Member

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    Any views and commentary in this communication (together, "Views") are general, short-term views of the JN-FX Trading and/or Distribution desks (the "Authors") and is not research produced by the JN-FX Research Department. The Views are given as the date hereof for information purposes only, are subject to change without notice and are not binding. The Views are not objective or independent of the interests of the Authors or other JN-FX Trading and/or Distribution desks, who are active participants in the markets, investments or strategies referred to herein.

    Good morning, in today's report:

    The Greek political saga remains in the spotlight, weighing on EUR as 5 June deadline for payments to the IMF approaches
    Japan's trade deficit came in smaller than expected for April
    Spain's regional andf municipal elections (24 May) delivered a highly fragmented political landscape
    Market News:

    The EUR is under pressure in the run up to the 5 June deadline for Greece's next payment to the IMF
    o Peripheral European equities sold off yesterday, with Greece equities down c.3%
    o Our economists think the policy commitments needed for a Greek program may be achieved only after some form of government crisis serves as a catalyst for political change
    Japan's trade deficit was smaller than expected. Japan's April trade data showed that export volume continues to trend up to the US and Europe, but is still weighed down by the sluggish trend to Asia
    o In light of Bank of Japan's upgraded economic assessment, our economists have pushed back their call for further easing to April 2016 from July 2015
    Spain's regional and municipal elections on Sunday resulted in a highly fragmented political outcome, where minority governments or coalition governments will be the norm for almost all of the regions
    Equities continue to surge in China, with the CSI 300 index crossing 5000 for the first time since 2008 after China and Hong Kong approved cross-border sales of mutual funds from 1 July, a move that is likely to fuel equity inflows

    What to Watch for Today and the Week Ahead:

    Today at 15.00 we get US new home sales (JN-FX's Forecast: 510. Consensus: 500)
    On Wednesday we watch for the Queen's speech in the UK and the Canadian Interest Rate announcement in the afternoon. On Thursday morning UK GDP is released followed by euro area industrial confidence and 'final' consumer confidence. Overnight on Thursday we get Japanese CPI. On Friday we get euro area M3 and loans to private sector and US GDP

    For enquiries, please call your regular contact or phone us on 0207 496 3350
    Data
    FX RATES
    GBPUSD = 1.5408
    GBPEUR = 1.4147
    EURUSD = 1.0891
    GBPAUD = 1.9766
    EURGBP = 0.7069


    GBPUSD GBPEUR




    Forex Mid Market Rates Majors Forex Mid Market Rates Exotics
    USD GBP USD GBP
    USD N/A 1.5408 CNY 6.2066 9.5628
    EUR 1.0891 1.4147 HKD 7.7522 11.9442
    JPY 122.65 188.94 IDR 13205 20346
    CHF 0.9514 1.4656 INR 63.86 98.39
    SEK 8.4696 13.0491 MYR 3.6275 5.5891
    DKK 6.8457 10.5479 SGD 1.3489 2.0783
    NOK 7.7006 11.8630 THB 33.79 52.05
    AUD 0.7797 1.9766 TRY 2.6250 4.0445
    CAD 1.2340 1.9010 ZAR 11.9995 18.4883

    Central Bank and LIBOR Rates Other Indices
    GBP USD EUR Last Change % Change
    Base 0.50 0.25 0.05 FTSE 100 7031.72 -8.95 -0.13
    1 month 0.51 0.18 -0.07 Spot Gold ($) 1196.16 -17.68 -1.46
    3 months 0.57 0.28 -0.01 WTI Crude ($) 58.85 -1.3 -2.16
    6 months 0.71 0.42 0.05
    12 months 1.00 0.74 0.17
    Forecasts
    Spot Q3
    2015 Q4
    2015 Q1
    2015
    GBPUSD 1.5408 1.43 1.42 1.40
    GBPEUR 1.4147 1.43 1.45 1.47
    EURGBP 0.7069 0.70 0.69 0.68
    EURUSD 1.0891 1.00 0.98 0.95



    The Views are not a personal recommendation or any type of advice, including as to product suitability, to any investor and independent professional advice should be obtained before investing or transacting. JN-FX is not liable for information stated to be obtained or derived from third party sources and does not represent or warrant any third party information is accurate and complete. JN-FX will not be liable for any use made of information in this communication. Past performance (including back-testing) is not indicative of future performance and JN-FX makes no representation as to the accuracy, completeness or reasonableness of performance data, modelling or scenario analysis. Any pricing is indicative. JN-FX is not offering to sell or seeking offers to buy any Product. No part of this document may be reproduced, distributed or transmitted without JN-FX' prior written permission. JN-FX Ltd is authorised and regulated by the Financial Conduct Authority. JN-FX Ltd. Registered in England 06365196 Registered office 41 New Broad Street London EC2M 1JD.
     
  10. knightrous

    knightrous New Member

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    Hi Phrenzy,

    we actually have a sister company that are a advisory firm(JNF capital) for trading CFD's!!! you should have definetly been in contact 6 months ago!

    I do physical delivery trading so essentially am a dealer on the trading floor here and my aim is to offer you rate that gets you as close to spot as possible.

    I always had an interest in Forex Markets and preffered the physical delivery aspect of trading to the speculative side of things and that is obviously where JNF capital come into the arena next to us.

    You can think of me similar to your local bullion dealer you want AU AG at as close as possible to spot I aim to offer that on the Fiat side of things.
     
  11. Altima

    Altima Well-Known Member Silver Stacker

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    Hi knightrous, curious if this FX service is only available for stackers in Australia.

    I'm currently in Canada, but would be interested in swapping CAD <--> SGD
     
  12. knightrous

    knightrous New Member

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    Hi Altima,
    I am in London so I can provide the service to you in Canada,No worries at all.

    Drop me a PM and I will give you my work Email to discuss the Exchange rates that I can offer you :)
     
  13. knightrous

    knightrous New Member

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    Any views and commentary in this communication (together, "Views") are general, short-term views of the JN-FX Trading and/or Distribution desks (the "Authors") and is not research produced by the JN-FX Research Department. The Views are given as the date hereof for information purposes only, are subject to change without notice and are not binding. The Views are not objective or independent of the interests of the Authors or other JN-FX Trading and/or Distribution desks, who are active participants in the markets, investments or strategies referred to herein.


    Good morning, in today's report:

    USD index near one-month high, with USDJPY breaking 123.0 and EURUSD below 1.09
    Strong macro indicators from the US yesterday
    In the UK, the Queen's Speech will likely attract attention today
    Market News:

    The USD index is near a one-month high, with the JPY close to its weakest level since 2007 as USDJPY broke through 123.0, the upper bound of its trading range in the past six months
    o EURUSD fell below 1.09 as the prospect of tighter Fed policy contrasts with lower bund yields and increased concerns about Greece
    o Discussions on the Greek bailout programme continue to gain focus and weigh on the EUR as the 5 June deadline for payments to the IMF approaches
    In the US, a stronger than expected rebound in equipment investment boosted our economists' Q2 real GDP tracking estimate two-tenths to 2.7%, while US consumer confidence rose to 95.4 in May. US new home sales increased a strong 6.8% in April, reversing most of the previous month's decline, and home prices maintained solid momentum
    In the UK, the Queen's Speech may attract attention today
    o This sets out the legislative agenda for the new government. For markets, any announcements on a potential EU membership referendum will likely be the most interesting feature of the speech

    What to Watch for Today:

    Today we watch for the Queen's speech in the UK and the Canadian Interest Rate announcement in the afternoon at 15:00

    For enquiries, please call your regular contact or phone us on 0207 496 3350
    Data:
    FX RATES
    GBPUSD = 1.5401
    GBPEUR = 1.4114
    EURUSD = 1.0911
    GBPAUD = 1.9865
    EURGBP = 0.7085


    GBPUSD GBPEUR




    Forex Mid Market Rates Majors Forex Mid Market Rates Exotics
    USD GBP USD GBP
    USD N/A 1.5401 CNY 6.2043 9.5550
    EUR 1.0911 1.4114 HKD 7.7524 11.9391
    JPY 123.08 189.57 IDR 13208 20340
    CHF 0.9486 1.4609 INR 63.98 98.53
    SEK 8.4508 13.0090 MYR 3.6350 5.5981
    DKK 6.8318 10.5210 SGD 1.3484 2.0766
    NOK 7.7196 11.8895 THB 33.78 52.02
    AUD 0.7753 1.9865 TRY 2.6380 4.0627
    CAD 1.2411 1.9113 ZAR 12.0420 18.5453

    Central Bank and LIBOR Rates Other Indices
    GBP USD EUR Last Change % Change
    Base 0.50 0.25 0.05 FTSE 100 6948.99 -82.73 -1.18
    1 month 0.51 0.19 -0.07 Spot Gold ($) 1188.6 -7.56 -0.63
    3 months 0.57 0.29 -0.01 WTI Crude ($) 57.24 -1.61 -2.7
    6 months 0.71 0.43 0.05
    12 months 1.00 0.76 0.17
    Forecasts
    Spot Q3
    2015 Q4
    2015 Q1
    2016
    GBPUSD 1.5401 1.43 1.42 1.40
    GBPEUR 1.4114 1.43 1.45 1.47
    EURGBP 0.7085 0.70 0.69 0.68
    EURUSD 1.0911 1.00 0.98 0.95



    . The Views are not a personal recommendation or any type of advice, including as to product suitability, to any investor and independent professional advice should be obtained before investing or transacting. JN-FX is not liable for information stated to be obtained or derived from third party sources and does not represent or warrant any third party information is accurate and complete. JN-FX will not be liable for any use made of information in this communication. Past performance (including back-testing) is not indicative of future performance and JN-FX makes no representation as to the accuracy, completeness or reasonableness of performance data, modelling or scenario analysis. Any pricing is indicative. JN-FX is not offering to sell or seeking offers to buy any Product. No part of this document may be reproduced, distributed or transmitted without JN-FX' prior written permission. JN-FX Ltd is authorised and regulated by the Financial Conduct Authority. JN-FX Ltd. Registered in England 06365196 Registered office 41 New Broad Street London EC2M 1JD.

    All telephone calls may be recorded between yourself and JNFX Ltd for training and monitoring purposes. If you are not the named or intended recipient, please inform the sender immediately by reply transmission and delete this e-mail, including any attachments, without opening or copying it. In addition, in this event, you are hereby notified that any disclosure, reading, reproduction, dissemination, distribution or any other use of this e-mail, including any attachments, is strictly prohibited. Always scan attachments before opening them. JNFX Ltd makes no warranty or representation as to the accuracy and completeness of any information and does not assume whatever commitment hereby. This material is by a representative of JNFX Ltd and is for information purposes only for market counterparties or intermediate customers and should not be construed as a solicitation or offer to buy or sell any financial related products. Legally binding obligation can only arise for, or be entered into on behalf of, JNFX Ltd by means of a written instrument, signed by a duly authorised representative. JNFX Ltd excludes any liability whatsoever for any direct or consequential loss arising from the use, or reliance on, this e-mail or its contents.
     

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