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 May 2013. For current indicative exchange rates, use the currency converter.
The Thai Baht declined to its lowest level in a week over speculation that the nation’s Central Bank will cut interest rates after Finance Minister Kittiratt Na-Ranong announced that he would meet the central…
Pound Sterling GBP/USD – Trading Lower, 1.5435 Sterling slipped against a bullish US Dollar as the European session began. The British currency also lost ground against the Euro ahead of the release of UK…
Earlier this week Graeme Wheeler, Governor of the Reserve Bank of New Zealand, intimated that the central bank had intervened in order to lower the ‘Kiwi’s export-damaging exchange rate strength. Now Sweden’s Finance Minister…
Pound Sterling GBP/USD – Trading Prior to the release of UK manufacturing and industrial production figures the Pound was trading in the region of a three-month high against the US Dollar, and with the…
Brent Oil Decline Results In Russia’s Ruble Falling In the wake of dipping oil prices the Ruble slipped against Bank Rossii’s target basket of currencies. The Russian currency, which also fell yesterday, dropped to…
Pound Sterling GBP/EUR – Trading Lower With German factory order data exceeding expectations yesterday and UK retail sales figures failing to meet predictions today the Pound slipped against the Euro, despite UK house prices…
India's Rupee After declining against the US Dollar for the past three days the Indian Rupee enjoyed a modest rebound today. Yesterday the Rupee slumped to an almost 7-day low as demand for the…
Pound Sterling GBP/EUR – Little Changed Although an index of UK employment confidence rose from minus 45 to minus 41 in April, the highest reading since October last year, the Pound was little changed…
Less-than-impressive US data has put pressure on the Mexican Peso over the past month, but with US unemployment falling to a four year low of 7.5 per cent the Peso climbed on its North…
Pound Sterling GBP/USD – Little Changed Prior to the publication of UK services PMI Sterling was little changed against its American counterpart. The British currency advanced yesterday after UK construction was shown to have…
After Swedbank AB released its manufacturing index the Krona dropped against the US Dollar. Although economists had anticipated that the index would decline, their median forecast was for a drop from 52.1 to 51.2.…
Pound Sterling GBP/EUR – Fluctuations Likely As European markets opened the Pound was trading within touching distance of an 11-week high against the US Dollar, but the British currency softened slightly against several of…