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 2015. For current indicative exchange rates, use the currency converter.
Pound Sterling Yesterday’s below-forecast Industrial Production report for the UK weighed heavily on the Pound, but as today’s domestic trade data revealed a sharp narrowing in the nation’s deficit, Sterling is likely to recover…
Pound Sterling Although today’s UK Industrial/Manufacturing Production reports for the UK came in below forecast levels, the Pound remained trading above 1.41 against a struggling Euro. Declines against the US Dollar were also limited…
Pound Sterling Today’s British Retail Sales Like-for-Like sales report had little impact on Sterling trading. The data came in at 0.2% year-on-year in Feb, unchanged from January’s annual reading. Economists had expected an increase…
Pound Sterling The Bank of England kept interest rates and the asset purchase target unchanged on Thursday, as economists expected. The decision had little impact on the Pound and the British asset remained trading…
Pound Sterling Yesterday’s below-forecast UK Services PMI caused a slight softening in the Pound, and the British asset extended losses against the US Dollar thanks to upbeat ecostats for the world’s largest economy. Today’s…
Pound Sterling This week’s manufacturing and construction PMI’s for the UK printed above expected levels, but the nation’s services index failed to continue the trend. As expansion in the UK services sector was shown…
Pound Sterling After the UK’s Construction PMI was shown to have risen from 59.1 to 60.1 in February, rather than falling to 59.0 as expected, the Pound advanced on several of its peers. Sterling…
Pound Sterling The Pound drifted lower against the Euro and US Dollar on Monday as soft UK house price and mortgage approvals data outweighed the impact of the nation’s improved manufacturing PMI. However, if…