May 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 May 2014. For current indicative exchange rates, use the currency converter.

Pound Recovers, Euro Static, Aussie Ends Week Higher

Pound Sterling GBP/USD – Trading in the Region of 1.6752 The Pound posted modest gains on Friday as investors responded to surprisingly upbeat UK confidence and house price data. Sterling’s strength also came from…

US Dollar (USD) Fluctuates Before GDP Data, Pound Softer

Pound Sterling GBP/USD – Trading in the Region of 1.6724 After striking a six-week low against the US Dollar yesterday the Pound was little changed against its major currency counterparts. A lack of UK…

Pound Struggling, Euro Fluctuating, Rand At Three Week Low

Pound Sterling GBP/USD – Trading in the Region of 1.6722 On Wednesday the Pound consolidated recent declines against its major rivals as the Confederation of British Industry reported a slowing in sales growth. The…

GBP Ends Week Stronger, EUR/GBP At 17-Month Low

Pound Sterling GBP/USD – Trading in the Region of 1.6833 While the Pound pared its advance against the US Dollar following the release of UK GDP figures and US manufacturing data, the British currency…

AUD Softer After RBA Minutes, GBP/EUR At 16-Month High

Pound Sterling GBP/USD – Trading in the Region of 1.6842 On Tuesday Sterling strengthened across the board thanks to a larger-than-forecast gain in UK consumer price inflation. However, if the Bank of England meeting…

Currency News: GBP/EUR Weaker After Carney Comments

Pound Sterling GBP/USD – Trading in the Region of 1.6832 The Pound edged lower against the Euro on Monday as investors considered Bank of England Governor Mark Carney’s comments regarding the economic risk posed…

Euro (EUR) Drops After GDP Reports, US Dollar Fluctuates

Pound Sterling GBP/USD – Trading in the Region of 1.6751 The Pound held declines against the US Dollar on Thursday as investors dwelt on the Bank of England’s dovish rhetoric. However, disappointing news from…