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 June 2013. For current indicative exchange rates, use the currency converter.
With the Federal Reserve’s approach to quantitative easing drawing funds away from emerging market economies, the Thai Baht has weakened considerably over the last three months. In fact, the currency’s 6.1 per cent quarterly…
Pound Sterling GBP/USD – Little Changed, 1.5261 As the European session got underway the Pound was little changed against the Euro and US Dollar. The British currency was unaffected by data showing that UK…
Despite the Indian central bank's efforts to tame volatility the Rupee weakened beyond the psychological level of 60 per Dollar, hitting a record low of 60.765. The Rupee’s weakness continued even after a report…
Pound Sterling GBP/USD – Trading Lower, 1.5326 The Pound may weaken against peers including the US Dollar and Euro as the European progresses following the publication of some mildly disappointing domestic growth data. Although…
Despite the latest data revealing that the US economy grew by less than expected in the first quarter of the year, the US Dollar broadly strengthened following yesterday’s stream of better-than-expected US news. Consequently,…
Pound Sterling GBP/USD – Trading Lower, 1.5413 Surprising strong US data caused the Pound to weaken modestly against the US Dollar during the local session. The British currency was little changed against the Euro…
The Thai Baht advanced to 31.02 Baht per Dollar, its strongest level for a week, after the Bank of Thailand continued to intimate that it will intervene in order to prevent the currency weakening…
Pound Sterling GBP/USD – Trading Higher, 1.5443 With the number of loans for house purchases far exceeding estimates in May, the Pound was slightly stronger ahead of a UK debt sale and Mervyn King’s…
With the appeal of higher-risk and emerging market currencies severely knocked by the expectation that positive US economic data could inspire the Federal Reserve to begin tapering easing in the months ahead, the Mexican…
Pound Sterling GBP/USD – Trading Lower, 1.5364 Sterling slipped to a more than two-week low against the US Dollar as the European session began. With the sale of UK government bonds looming the Pound…
Over the course of this week emerging-market and Asian currencies have been severely affected by US news. The Federal Reserve restating its commitment to bringing quantitative easing to an end sent higher-risk assets tumbling,…
Pound Sterling GBP/USD – Slightly Higher, 1.5485 The Pound benefited yesterday from the release of better-than-expected UK retail sales figures and may post modest additional gains today as the UK budget deficit was shown…