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.
Global markets were existing in a state of suspended animation prior to Federal Reserve Chairman Ben Bernanke’s fiscal policy speech. After he announced that the Fed would be tapering quantitative easing in line with…
Pound Sterling GBP/USD – Trading Lower, 1.5420 Although the Pound fell to a two-week low against the US Dollar following the Federal Reserve’s policy announcement, the British currency fluctuated slightly this morning as UK…
After a lack of interest resulted in the Finance Ministry scrapping plans for the sale of 15-year Ruble debt, the Russian currency tumbled by 0.8 per cent against the US Dollar, hitting 32.2525 Rubles…
Pound Sterling GBP/USD – Trading Lower, 1.5652 The Pound continued to edge away from the four-month high recorded against the US Dollar last week as UK inflation was shown to have accelerated by more…
Yesterday the Mexican Peso tumbled by 1.3 per cent against the US Dollar before extending its decline by 0.8 per cent during local trade. However, comments issued by Mexico’s President Enrique Pena Nieto during…
Pound Sterling GBP/USD – Trading Lower, 1.5696 Before UK CPI figures were published the Pound dipped against the ‘Greenback’. Economists expected today’s report to show that consumer price inflation accelerated in May. However, month-on-month…
After the People’s Bank of China opted to raise its reference rate to a fresh record of 6.15980, the Chinese Yuan climbed by the most for three weeks against the US Dollar. The PBOC…
Pound Sterling GBP/USD – Trading Higher, 1.5713 Last week the Pound hit a four-month high against the US Dollar and the British currency was able to consolidate recent gains this morning as an industry…
The Krone advanced to 7.6536 Krone per Euro this morning in response to assertions that Norway is prepared to increase stimulus if the slowdown in the Eurozone continues to have a negative impact on…
Pound Sterling GBP/USD – Trading Lower, 1.5664 The Pound briefly strengthened against the US Dollar as data showed that UK house prices rose to a record high last month. Although Sterling has since dropped…
Indian Inflation might be softening, and economic growth may have slumped to a decade low, but the Reserve Bank of India is unlikely to lower policy rates when it meets on Monday. Economists are…
Pound Sterling GBP/EUR – Trading Lower, 1.1737 Yesterday stronger than anticipated UK employment data allowed the Pound to turn bullish, and the British currency advanced on several of its main rivals. However, although Sterling…