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 2015. For current indicative exchange rates, use the currency converter.
Pound Sterling (GBP) Having broadly appreciated on Wednesday in response to the upwardly revised NIESR Gross Domestic Product Estimate, the Pound edged lower on Thursday. The depreciation can be attributed to the RICS House…
Pound Sterling (GBP) After Europe’s largest bank, HSBC, stated that they intend to cut 8,000 UK jobs and relocate their headquarters away from London, the Pound softened versus its major peers. The Pound continued…
Pound Sterling (GBP) After a report on Friday showed that Britons expected inflation to rise significantly within the next 12 months, the Pound strengthened versus many of its currency rivals. Sterling held gains over…
Pound Sterling (GBP) As traders await British trade balance data, due for publication later on Tuesday, the Pound softened versus many of its most traded currency rivals. The depreciation can be attributed to less-than-ideal…
Pound Sterling (GBP) After the Bank of England (BoE) opted to hold the cash rate, the Pound advanced as traders felt inaction was the best move at this juncture; particularly given recent poor results…
Pound Sterling (GBP) As traders await the Bank of England (BoE) interest rate decision, the Pound is generally holding steady versus its peers. But is there a decision to make? Given the recent lacklustre…
Pound Sterling (GBP) After gaining in response to Tuesday’s positive domestic data, the Pound is holding steady versus its major peers – despite the latest UK data being less inspiring. On the year, the…
Pound Sterling (GBP) After domestic data failed to impress on Monday, the Pound softened versus most of its currency rivals. Whilst the Manufacturing PMI showed output remained in growth territory, May’s seasonally-adjusted manufacturing output…
Pound Sterling (GBP) In expectation of a better-than-forecast British Manufacturing PMI, the Pound edged higher against many of its closest rivals on Monday morning. The Confederation of British Industry (CBI) stated that they believe…