A speech from US President Donald Trump yesterday evening provided much needed clarity on his proposed fiscal stimulus programme including an insight into his long-awaited tax reform policies. Despite the new-found clarity, there was minimal impact t… Read more

The US dollar rallied against a number of currencies yesterday at the prospect of Donald Trump’s speech on tax reform today. The end result saw cable changing hands below 1.34 for the first time in a fortnight. The next key resistance level will be 1… Read more

Markets were short of hard data to drive movement; however, the dollar has been somewhat firmer over the previous 24 hours, rising versus both sterling and euro. The yen was also lifted, and the environment remains broadly risk-off amid growing geopo… Read more

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

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