Indian Rupee
 
Chinese Yuan
 
Aus. Dollar
 
US Dollar
 
Euro
 
British Pound
 
TorFX
View All Exchange Rates
 
futures news

Euro Exchange Rate Weaker, As Data in The US Adds Pressure

On the foreign exchange market today, the Euro exchange rate retraced much of yesterday’s gains (+ 0.56%) after disappointing US statistics released. In a timely manner, right on the eve of the meeting of the ECB, the euro fell 0.31% to 1.0594 dollars, the low level of Friday night. The currency has also fallen against [...]

exchange rates news

Euro Exchange Rate Weaker, As Data in The US Adds Pressure

On the foreign exchange market today, the Euro exchange rate retraced much of yesterday’s gains (+ 0.56%) after disappointing US statistics released. In a timely manner, right on the eve of the meeting of the ECB, the euro fell 0.31% to 1.0594 dollars, the low level of Friday night. The currency has also fallen against [...]

Read the full news story

Posted in Currency NewsComments (0)

Pound Holding Steady Despite Concerns Over Steel Industry

As traders await British government spending data, the Pound is holding steady versus most of its major peers. A slight lean towards depreciation can be attributed to ongoing concern regarding the UK steel industry. With an influx of cheap steal from China pricing British manufacturers out of the market, as many as 1 in 6 [...]

Read the full news story

Posted in Currency NewsComments (0)

UK Unemployment Falls and Pound Responds

The surprising slide in the UK’s unemployment rate gave the Pound a notable boost on Wednesday and the British currency was able to carry these gains through to Thursday. Both the GBP/EUR and GBP/USD exchange rates were trending in a stronger position, with investors speculating that the erosion of slack in the UK’s labour market [...]

Read the full news story

Posted in Pound Exchange Rates NewsComments (0)

Euro Exchange Rates Pushes Higher Against Majors

After the UK’s latest Consumer Price Index showed that annual non-core inflation returned to negative territory in September the Pound plummeted across the board. The GBP/EUR exchange rate slumped to a five-month low, falling to trade in the 1.33 region, while GBP/USD hit 1.52. Sterling also shed earlier gains against peers like the Australian and [...]

Read the full news story

Posted in Currency NewsComments (0)

Pound Makes A Response To Production Figures

After trending in a weaker position against peers like the Euro and US Dollar at the beginning of the week, the Pound staged an impressive rebound on Wednesday following the publication of the UK’s latest Industrial and Manufacturing Production figures. Industrial Production was shown to have increased by 1.0% on the month, smashing forecasts for [...]

Read the full news story

Posted in Pound Exchange Rates NewsComments (0)

Demand For GBP Grows At Speculation of US Interest Rate Hike

As traders await the UK Markit Construction PMI (forecast to tick higher from 57.3 to 57.5) the Pound edged higher versus its major peers. The appreciation can be linked to predictions that the Federal Reserve will hike the benchmark interest rate within 2015 after policymaker John Williams backed comments made earlier by Chairwoman Janet Yellen. [...]

Read the full news story

Posted in Currency NewsComments (0)