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 September 2013. For current indicative exchange rates, use the currency converter.
As the Fed’s deadline for reaching an agreement regarding the US budget approaches, concerns that a non-agreement could result in the first government shutdown in nearly twenty years saw investors turn from higher-risk assets…
Pound Sterling GBP/EUR – Trading in the Region of 1.1955 The Pound extended its advance on the Euro and strengthened against the US Dollar as UK house prices were shown to have jumped by…
Since taking on the role of Governor of the Reserve Bank of India, Raghuram Rajan certainly hasn’t been sitting on his laurels. After making some rather provoking statements regarding his policy intentions, Rajan shocked…
Pound Sterling GBP/EUR – Trading in the Region of 1.1912 As the weekend approached the Pound enjoyed a surge against the majority of its main rivals as Bank of England Governor Mark Carney asserted…
After gaining on the US Dollar throughout the week as Federal budget fears pushed investors towards safe-haven assets, the Yen snapped its bullish run. Speculation surrounding the likelihood of Japan’s government cutting corporate taxes…
Pound Sterling GBP/EUR – Trading in the Region of 1.1897 If today’s UK growth report confirms expansion of 0.7 per cent in the second quarter the Pound could consolidate gains against peers like the…
As the US is the world’s largest economy, any major developments trigger extensive volatility in the currency markets. Significant fluctuations occurred in response to fiscal cliff concerns and Federal Reserve tapering speculation, and now…
Pound Sterling GBP/EUR – Trading in the Region of 1.1859 With Bank of England officials asserting that the UK economy is still in the early stages of recovery, Sterling lost ground against peers like…
The US Dollar fluctuated today as Federal Reserve tapering speculation continued to dictate market movement, with the ‘Greenback’ alternately posting declines and gains. Yesterday, Fed officials lowered the odds of stimulus being trimmed next…
Pound Sterling With the expectation that Thursday’s UK growth data will show that the nation’s economy expanded by 0.7 per cent in the second quarter lending the Pound support, Sterling began the European session…
For the first time in several days Mexico’s Peso was able to post a notable gain on the US Dollar. The South American asset strengthened to 12.7936, ending a two-day losing streak, as Mexico’s…
Pound Sterling With UK news a little lacking for the first half of the week, Pound movement may be inspired by data from the US and Eurozone. While the German election result prompted declines…