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 2015. For current indicative exchange rates, use the currency converter.
Pound Sterling A significant improvement on the UK Consumer Confidence Survey for August this morning, with the index rising to 7 rather than remaining static at 4, was ultimately of limited influence on Sterling…
Pound Sterling Nationwide Housing Prices for the UK this morning posted a smaller than anticipated contraction, coming in at 3.2% rather than the forecast 3.1%, to offer some encouragement over the state of the…
Pound Sterling A bit of positive data arrived for the Pound this morning, as the BBA Loans for House Purchase came in slightly stronger than expected to post an increase at 46,033. With the…
Pound Sterling Black Monday and global fears of an impending financial crisis were without a doubt the dominant influences on the currency, with the consequent 4.7% slump of the FTSE 100 weighing heavily on…
Pound Sterling With the boost from the unexpectedly positive UK Consumer Price Index all but gone this morning the Pound has been struck a serious blow by uninspiring Retail Sales data. Undermining any remaining…
Pound Sterling Although yesterday saw Sterling making strong gains across the board with a better than forecast UK Consumer Price Index, which showed inflation rising to 0.1% rather than remaining stagnant at 0%, the…
Pound Sterling Some good news for the Pound came this morning as the UK Consumer Price Index surpassed expectations, rising to 0.1% instead of remaining at 0%. Demonstrating that inflation is now on the…
Pound Sterling (GBP) In response to hawkish comments from Bank of England (BoE) Monetary Policy Committee (MPC) member Kristin Forbes hawkish comments, the Pound rallied versus its major peers. Forbes stated that she fears…
Pound Sterling (GBP) The British Pound softened versus many of its currency rivals during Friday’s European session. This can be attributed to June’s Construction Output Data which failed to meet with estimates on both…
Pound Sterling (GBP) The British Pound dived versus its peers on Wednesday in response to the second consecutive month of rising unemployment. However, Sterling recovered losses during Thursday’s European session amid speculation that the…
Pound Sterling (GBP) Wednesday’s British economic data produced mostly negative results, causing the Pound Sterling to decline versus many of its major peers. Of particular disappointment was British unemployment which grew by 25,000 between…
Pound Sterling (GBP) The British Pound dived versus the majority of its currency rivals after the bank of England (BoE) kept rates on hold. Although most analysts expected the Monetary Policy Committee (MPC) to…