May 2015 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 2015. For current indicative exchange rates, use the currency converter.

GBP Lower as UK Election Dawns, EUR Stronger, USD Fluctuates

Pound Sterling (GBP) Softens on Political Uncertainty Given that the general election has been described as the most closely contested in modern political history, investor confidence dampened considerably amid political uncertainty. This weighed on…

Pound Recovers Losses before Construction PMI

Pound Sterling Ahead of the release of the UK’s latest Construction PMI the Pound was trending in a stronger position against both the Euro and US Dollar. The GBP/EUR exchange rate advanced as the…

Exchange Rate Outlook: RBA Rate Bets Drag ?Aussie? Lower

Pound Sterling Sterling broadly softened on Friday as the UK’s Markit Manufacturing PMI provided cause for concern. The gauge of the nation’s manufacturing sector was shown to have fallen to 51.9 from 54.0, taking…