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 2015. For current indicative exchange rates, use the currency converter.
Pound (GBP) The Pound softened against a host of other peers on Friday after UK Consumer Confidence took a dive. The sentiment index slipped from 4 in April to only 1 in May, despite…
Pound Sterling (GBP) In the aftermath of the Queen’s speech, which reiterated the Conservatives plan to hold an in/out referendum on Britain’s membership in the European Union, the Pound softened versus most of its…
Pound Sterling (GBP) After having registered better-than-expected retail sales in May, the Confederation of British Industry (CBI) now expects British sales to reach a 26-year high over the coming month. This is based on…
Pound Sterling (GBP) The Pound is generally holding steady versus the majors on Tuesday as traders await British sales data. A fractional depreciation can be linked to ongoing dears surrounding the impending European Union…
Pound Sterling (GBP) Having rallied significantly in response to relatively hawkish minutes from the Bank of England’s (BoE) most recent policy meeting, the Pound has steadied on Thursday. Monetary Policy Committee (MPC) minutes showed…
Pound Sterling (GBP) After the UK dipped into deflation fir the first time since 1960, the Pound softened versus the majority of its most traded currency peers. The declination was somewhat slowed, however, given…
Pound Sterling (GBP) The Pound softened versus many of its major peers over the weekend after the recent advance opened up some attractive selling positions, prompting many traders to lock in profits. The initial…
Pound Sterling (GBP) As traders await Construction Output data, due for publication later on Thursday morning, the Pound is generally trading statically versus the majority of its most traded currency rivals. A slight appreciation…
Pound Sterling (GBP) The Sterling election rally was capped on Tuesday after the Bank of England (BoE) Inflation Report stripped the year’s growth forecast from 2.9% to 2.5%. However, the dovish report was accompanied…
Pound Sterling (GBP) Amid mounting speculation that the Conservatives will hold a referendum on European Union membership by 2016, the Pound edged lower versus many of its most traded currency rivals. Wednesday has seen…
Pound Sterling (GBP) After having rallied significantly on the Conservative victory in the general election, the Pound edged lower versus many of its major peers on Tuesday morning. This can be attributed to the…
Pound Sterling (GBP) Having seen significant losses in response to election jitters and political uncertainty, the Pound strengthened considerably after the Conservative majority victory. With a strong ethos regarding economic prosperity, and with the…