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 2015. For current indicative exchange rates, use the currency converter.
Pound Sterling Somewhat surprisingly, the second quarter UK Gross Domestic Product was revised down today from 2.6% to 2.4%; this indicated that the recovery of the domestic economy has not been quite as robust…
Pound Sterling After yesterday’s disappointing UK Public Sector Net Borrowing figure the Pound has remained on a persistent downtrend across the board. Sterling must now look to tomorrow’s BBA Loans for House Purchase data…
Pound Sterling Those hopeful for the Bank of England (BoE) to begin the cycle of monetary tightening sooner rather than later in the coming months will have been disappointed this morning by the release…
Pound Sterling Hawkishness prompted by an unexpected improvement in the UK Unemployment Rate and Average Weekly Earnings data was not as long-lasting as investors might have hoped after today’s domestic Retail Sales proved disappointing.…
Pound Sterling Yesterday saw fresh disappointment for Sterling as the UK Consumer Price Index for August confirmed that domestic inflation had grown by 0% on the year. While this dip in growth had been…
Pound Sterling Domestic economic data is absent for the Pound today, with the much of its current movement being driven primarily by the activity of rivals. After Friday’s disappointing revision of the Bank of…
Pound Sterling Somewhat surprisingly the Pound has seen a distinct resurgence across the board today, in spite of a significantly weaker than anticipated BRC Like-for-Like Sales figure, as investors position themselves ahead of the…
Pound Sterling Although last week’s underperforming UK PMIs saw Sterling cede much ground to its major rivals, the prospects of the currency have started to improve somewhat today as the FTSE 100 began to…
Pound Sterling Yet more disappointment for Sterling during Thursday’s European session after the UK Services PMI continued the trend of shortfalls, decreasing markedly on the previous month’s figure of 57.4 to clock in at…
Things have not improved for the Pound today as the UK Construction PMI followed the lead of yesterday’s Manufacturing figure, falling short of forecast at 57.3 to demonstrate weaker-than-anticipated growth in the sector. Undermining…