August 2017 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 2017. For current indicative exchange rates, use the currency converter.

Pound Tumbles as UK Businesses Concerned over Impact of Brexit

Sterling The Pound (GBP) fell against the majority of its peers in trade today as the Recruitment & Employment Confederation (REC) released its latest employer confidence data. The report suggests that firms are increasingly…

Sterling (GBP) Demand Limited since UK Inflation Report

Pound Sterling (GBP) Last week’s UK Consumer Price Index (CPI) results from July continue to keep pressure on the Pound and leave the current unappealing. The report indicated that British inflation was slowing faster…

US Dollar Slides before Fed Minutes are Released

Pound Sterling (GBP) While the movement has not been universal, the Pound has nonetheless advanced against the Euro and US Dollar today. Elsewhere, however, Sterling has struggled due to the future implications for the…

US Dollar Unsettled by Lower-than-Forecast Inflation

Pound Sterling (GBP) The Pound has ended weekly trading in low demand, trading tightly against the US Dollar and declining against the Euro. This lacklustre movement is due to a lack of distinctive economic…