Theresa May spoke in Florence on Friday, outlining Britain’s stance on the divorce and ongoing relationship. She suggested a transition period of “around 2 years” – during which trade continues on current terms. She committed to the UK paying into EU… Read more

There was a calmer tone yesterday after the markets digested Wednesdays busy calendar. The main move of note was the dollar retreating slightly from its post-Fed gains falling back slightly against the euro and sterling. Read more

The dollar jumped as the Fed signalled a third rate hike this year is still in the cards and said it would start unwinding its balance sheet in October. As expected, it kept interest rates on hold. Softer inflation has weighed on rate hike expectatio… Read more

Sterling fell back lower as less-hawkish comments from BoE Governor Carney continued to weigh and the pound pushed through recent support levels. Political uncertainties came back into focus ahead of Friday’s speech from Prime Minister May in Florenc… Read more

The pound traded lower yesterday, first on profit-taking and then on Bank of England Governor Mark Carney’s comments that any rate hikes would be “gradual” and “limited”. Cable fell back below 1.3500 for the first time since Friday’s rally, but remai… Read more

Following Thursday's hawkish BoE meeting, additional hawkish comments from MPC Member Vlieghe on Friday saw sterling rally to new recent highs. Vlieghe said a rate hike may come in the following months and that more than one hike may be appropriate. Read more

Sterling rallied to new recent highs after the Bank of England struck a more hawkish tone than expected in its statement, indicating a rate hike could come in the “coming months”. As expected, the Bank kept interest rates on hold, and only two member… Read more

Sterling fell back from recent highs as wage growth disappointed. Cable lost further ground as the dollar gained on discussions of the US tax plan, details of which may come later this month. Sterling-dollar fell towards 1.3200, down from one-year hi… Read more

Sterling rallied yesterday after inflation accelerated more than expected to 2.9% in August, matching highs last seen in May. Retail and Producer Price Indices surprised to the upside as well. The gains reignited speculation that the Bank of England … Read more

Latest posts

Current exchange rates
(Interbank)

 Euro Updating
 US dollar Updating
 Canadian dollar Updating
 Australian dollar Updating
 New Zealand dollar Updating
 Czech Republic koruna Updating
 UAE dirham Updating
 Danish krone Updating
 Hungarian forint Updating
 Hong Kong dollar Updating
 Indian rupee Updating
 Israeli new sheqel Updating
 Japanese yen Updating
 Norwegian krone Updating
 Polish zloty Updating
 Saudi riyal Updating
 Singapore dollar Updating
 South African rand Updating
 Swedish krona Updating
 Swiss franc Updating
 Thai baht Updating
 Turkish lira Updating
 Chinese yuan Updating