Federal Reserve speculation returns
Pound Sterling The Pound recovered the losses it made against the US Dollar after the latest consumer confidence and house price data beat economist expectations. As a result Sterling is on track to make…
August 2013 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 August 2013. For current indicative exchange rates, use the currency converter.
Canadian Dollar to US Dollar (CAD/USD) Exchange Rate ? ?Loonie? falls on strong US data
The Canadian Dollar has weakened against the US Dollar after data out of the USA showed that economic growth in the world’s largest economy accelerated at a faster pace than forecast in the second…
Send Money News: Emerging Markets Recover as Syria Tensions Ease
Pound Sterling The Pound made a second day of gains against the Euro following yesterday’s speech to business leaders in Nottingham by Bank of England Governor Mark Carney’s. His comments failed to convince investors…
Indian Rupee plummets to new record low INR/USD
The Indian Rupee has spent most of Wednesday’s session battling to avoid falling further against the US Dollar after it fell by its biggest margin in two decades as oil prices surged and the…
Drums of war continue to bolster safe havens
Pound Sterling The Pound began the day weaker against both the US Dollar and Euro as investors waited to see whether Bank of England Governor Mark Carney would affirm his commitment to maintaining borrowing…
Turkish Lira TRY/USD falls to all-time low on Syrian tensions
The Turkish Lira has fallen to a record low of 2 to the US Dollar after speculation grows that Turkey may join a United States led coalition that is preparing to strike at Syria.…
US Dollar higher on safe-haven demand
Pound Sterling The Pound has softened against the Euro and US Dollar in early trading. Sterling lost ground against the ‘Greenback’ as speculation continues to build that the Federal Reserve could begin tapering its…
US Dollar Declines (USD/CAD, USD/EUR, USD/GBP) On Poor Housing Data
After the minutes of the latest Federal Open Market Committee meeting were published on Wednesday and showed that the majority of policy makers were backing the plan to begin tapering easing before the end…
Positive Outlook for GBP/EUR As UK GDP Beats Estimates
Pound Sterling GBP/EUR – Trading in the Region of 1.1698 Although the Pound began the day heading for a five-day decline against the Euro and US Dollar, the British currency is likely to strengthen…
Norwegian Krone At Nine Year Low, US Dollar Bullish
With interest rate concerns heating up in both Sweden and Norway, the Nordic country’s currencies have clashed. During European trading the Norwegian Krone sank to an almost nine-year low against its Swedish rival, weakening…
Fed Minutes Shake Things Up - USD Broadly Strengthens
Pound Sterling GBP/EUR – Trading in the Region of 1.1698 Ahead of tomorrow’s UK GDP report Sterling lost ground against the US Dollar and Euro as both assets were supported by home grown developments.…
Mexico's Peso Climbs (USD/MXN) And Rupee Stages Modest Rebound (USD/INR)
As lower-than-anticipated domestic growth increased the likelihood of the Mexican central bank cutting interest rates the Peso advanced on its US peer, surging 0.8 per cent to 12.9745 Peso per Dollar. The 1.5 per…