March 2014 currency news archive

Exchange rate developments and the events behind them. Each report is dated so you can see when it was published.

These reports were published in March 2014. For current indicative exchange rates, use the currency converter.

EUR set to weaken further on inflation data

Pound Sterling The Pound was trading above the 1.21 level against the Euro over the weekend as data showed that UK house prices made their longest run of increases in close to seven-years. The…

EUR/GBP At Three Week Low, AUD/USD At Four Month High

Pound Sterling GBP/USD – Trading in the Region of 1.6622 The Pound closed the week in a stronger position against many of its most traded currency counterparts. The British asset was supported against its…

GBP Climbs After Retail Sales, ZAR Holding Steady

Pound Sterling GBP/USD – Trading in the Region of 1.6621 Over the course of European trading, the Pound extended gains against its rivals. Sterling broadly strengthened following the release of unexpectedly upbeat UK retail…

ZAR Climbs, EUR Falters, GBP Recovers, AUD Rebounds

Pound Sterling GBP/USD – Trading in the Region of 1.6542 Pound movement was a little stilted ahead of the publication of UK retail sales figures, but the British asset was able to edge slightly…

GBP Weaker After Inflation Data, EUR Also Declines

Pound Sterling GBP/USD – Trading in the Region of 1.6508 Sterling slumped beyond a six week low against the US Dollar as UK CPI data confirmed that domestic inflation slowed to its lowest level…

AUD Dips After China PMI, EUR Fluctuates, GBP Weakens

Pound Sterling GBP/USD – Trading in the Region of 1.6486 The diverging fiscal policy being adopted by the Bank of England and US Federal Reserve pushed the Pound lower against its US counterpart. Sterling…

USD Stronger, GBP Softer, AUD Recovers Before Weekend

Pound Sterling GBP/USD – Trading in the Region of 1.6511 As local trading progressed on Friday the Pound stumbled as a report revealed that the UK’s budget deficit unexpectedly increased last month. Further Sterling…

FOMC Announcement Triggers US Dollar Surge, USD/GBP USD/EUR

Pound Sterling GBP/USD – Trading in the Region of 1.6491 On Thursday the Pound continued trading lower against the US Dollar and pushing the 1.20 boundary against the Euro. The currency could fluctuate before…

CAD Drops, AUD Weaker, GBP And USD Gain

Pound Sterling GBP/USD – Trading in the Region of 1.6638 During European trading the Pound advanced on its rivals following the release of UK employment figures. Further Sterling movement could follow Chancellor of the…

Euro Declines After Inflation Data, Pound Static

Pound Sterling GBP/USD – Trading in the Region of 1.6630 As a Rightmove report showed that UK property asking prices climbed to a record high in March, the Pound was little-changed against peers like…

AUD Trims Gains, USD And Yen Higher

Pound Sterling GBP/USD – Trading in the Region of 1.6612 Although UK trade data showed that the nation’s trade deficit widened in January the Pound was supported by upbeat domestic construction output news and…