P509 ORACLE 509 Sat25 Apr C4 2101:01  BARCLAYS BANK GTS Foreign Exchange  CLOSING MARKET RATES STG/USD 1.7710/20 USD/DEM 1.6505/15 STG/DEM 2.9250/60 USD/JPY 134.50/60 STG/ECU 1.4255/65 STG/JPY 238.25/35 TRADER'S VIEW 17.00hrs 24/4/1992 As a result of a 4% rise in German GNP the market today saw a push into DEM buying.The USD came under some pressure,but found support at 1.6460DM There was profit taking in sterling today after its gains of this week,prompted during early morning trading as chart points were broken in a round of heavy selling. Member of IMRO BARCLAYS - THE DEFINITIVE SERVICE City Reports Newsfile Units Your Money
P509 ORACLE 509 Sat25 Apr C4 2101:11  BARCLAYS BANK GTS Foreign Exchange  CLOSING MARKET RATES ECONOMIC REPORT 24/4/1992 The pound ended the week at 2.9256DEM and 1.7715 USD,surviving strong demand for Marks,after sharp growth in German money supply had analysts scrambling to delay projected UK base rate cuts.The outlook is probably for German(and UK,via ERM link)interest rates to fall from August onwards as German inflation subsides:the high"real" rate would stay constant to reward savers and prevent dependance on foreign borrowing. PLEASE SEE DETAILS OF TAG SYSTEM. Member of IMRO BARCLAYS - THE DEFINITIVE SERVICE City Reports Newsfile Units Your Money
P509 ORACLE 509 Sat25 Apr C4 2101:01  BARCLAYS BANK GTS FOREX MADE EASY!  Barclays is pleased to announce the launch of its Tied Auto dealing Gateway-TAG-which gives access to real-time dealing rates,via a computer link. Designed in particular for the company which has to process a regular number of transactions up to £250,000 in value, the TAG system will help reduce time and improve efficiency. For further information call: London-Robert Crotty-071 696 2599 Southern-Spencer Wilcox-0276 692220 Midlands-Andy Hutchinson-0604 32994 Northern-Helen Lidgard-0924 870900. London-Paul Crouch-071-283-0909. BARCLAYS-THE LEADING EDGE IN FOREX City Reports Newsfile Units Your Money