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 April 2013. For current indicative exchange rates, use the currency converter.
The Chinese Yuan is heading for its biggest gain since January 2012 on expectations that the Chinese currency will appreciate as it becomes more widely used in trade and global investment. According to the…
Pound Sterling GBP/USD – Little Changed After hitting a two-month high against the US Dollar yesterday, the Pound was little changed this morning despite an unexpected slide in UK consumer confidence. UK net consumer…
Pound Sterling GBP/USD – Trading Higher The Pound continued to gain on the US Dollar this morning, strengthening to 1.5523 US Dollars, after UK housing data showed that house prices increased this month. Average…
Pound Sterling GBP/USD – Trading Higher Sterling broadly strengthened yesterday as better-than-anticipated first quarter GDP brightened the UK’s prospects. The British currency posted significant gains against the US Dollar and Euro and is now…
According to the Swedish central bank, the Krona’s recent rally, which has seen the currency gain by 6 per cent against the Euro in the last year, is coming to an end. The Krona’s…
Pound Sterling GBP/EUR – Trading Higher The Pound is likely to experience upward movement in the hours ahead following the release of first quarter GDP data for the UK. Although economists forecast that GDP…
After a report compiled by the US Commerce Department revealed that orders for goods designed to last for over three years decreased by more than economists forecast, the currencies of nations who rely heavily…
Pound Sterling GBP/USD – Little Changed Although the UK’s budget deficit was shown to have narrowed by more than expected in March, the Pound declined against the safe-haven US Dollar yesterday as the latter…
Last week news that China’s economy expanded at a slower rate than anticipated in the first quarter of this year dented the global outlook and raised fresh concerns regarding a slowdown in the Asian…
Pound Sterling GBP/USD – Trading Lower Ahead of the release of public finance figures for the UK the Pound slid against the US Dollar, brushing its lowest level against the safe-haven currency for two-weeks.…
Thailand’s currency the Baht has reached a 16-year high against the US Dollar after policy makers signalled that they will not curb capital inflows into the nation, inflows that have been the main driver…
Pound Sterling GBP/EUR – Trading Lower After top ratings agency Fitch slashed the UK’s credit rating from AAA to AA+ the Pound weakened against several of its most traded peers. Fitch is now the…