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 October 2013. For current indicative exchange rates, use the currency converter.
After feeling the pressure in the three weeks since the US government entered a partial shutdown, hopes of political resolution have helped the US Dollar advance on peers like the Euro and Yen. While…
Pound Sterling GBP/EUR – Trading in the Region of 1.1780 The Pound experienced movement this morning as UK inflation increased by more than expected in September, rising 0.4 per cent month-on-month rather than the…
With the US political impasse entering a third week, industry experts are becoming increasingly concerned for the growth prospects of nations which rely heavily on the US for trade – including neighbouring Canada and…
Pound Sterling GBP/EUR – Trading in the Region of 1.1781 With this week’s retail sales and employment reports forecast to show improvement the Pound began local trade slightly stronger against the US Dollar, but…
In a bit of a mixed day for European currencies, Sweden’s Krona climbed against its US rival for the first time in several days, advanced on the Pound and posted a modest gain against…
Pound Sterling GBP/EUR – Trading in the Region of 1.1774 An unexpected drop in UK construction output saw the Pound soften against peers like the US Dollar and Euro this morning. Although the British…
With minutes from the most recent Federal Open Market Committee meeting indicating that US lawmakers were largely in favour of trimming easing before the end of the year the Yen softened against the ‘Greenback’.…
Pound Sterling GBP/EUR – Trading in the Region of 1.1805 While the Pound edged away from the three-week low recorded against the Euro yesterday ahead of the Bank of England policy meeting, the British…
For a few short weeks every piece of UK data seemed to surprise to the upside, and the nation’s economic outlook grew rosier by the day. However, today’s batch of UK figures reinforce the…
Pound Sterling GBP/EUR – Trading in the Region of 1.1853 Worse than anticipated industrial/manufacturing production and trade balance data saw the Pound extend recent declines against the Euro and US Dollar as the European…
While the Rupee began the local session having recovered 11 paise against the US Dollar, the emerging market asset went on to shed gains against its North American peer. Although President Barack Obama asserted…
Pound Sterling GBP/EUR – Trading in the Region of 1.1836 While the Pound began the European session trading above yesterday’s opening levels against the Euro, the GBP/EUR pairing remains under pressure ahead of this…