The US Dollar and Japanese Yen pushed significantly higher overnight as equity markets witnessed a major sell off, boosting demand for the go-to safe haven currencies. Sterling / Euro and US Dollar exchange rates Sterling is currently holding above 1.2500 on interbank against the Euro, however has deteriorated rapidly against the US Dollar during trading [...]
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Pound to Euro, US Dollar exchange rate: Sterling is currently holding above 1.2500 on interbank against the Euro
Wednesday, May 16th, 2012NEWS FLASH: The Pound weakened from the highest level since November 2008 against the Euro
Tuesday, May 15th, 2012The Euro also rebounded from a four month low against the Dollar following the growth figures. Sterling / Euro and US Dollar exchange rates The Pound weakened from the highest level since November 2008 against the Euro this morning, while the single currency also made fleeting gains versus a number of currencies, after data showed [...]
Pound to Euro, US Dollar exchange rate: The Pound continued to advance to yearly highs against the Australian Dollar, New Zealand Dollar and South African Rand
Tuesday, May 15th, 2012The Pound continued to advance to yearly highs against the Australian Dollar, New Zealand Dollar and South African Rand Sterling / Euro and US Dollar exchange rates The Pound continued to advance to yearly highs against the Australian Dollar, New Zealand Dollar and South African Rand yesterday, as swings in global risk sentiment persisted and [...]
The Pound rallied to the strongest level against the Euro since November 2008
Friday, May 11th, 2012The Euro remained under the significant 1.30 level against the U.S Dollar yesterday, as markets lacked the impetus to break out from narrow ranges. Sterling / Euro and US Dollar exchange rates The Pound rallied to the strongest level against the Euro since November 2008 yesterday, while the UK currency also made gains versus the [...]
The Pound declined through 1.61 against the U.S Dollar
Thursday, May 10th, 2012The Pound declined through 1.61 against the U.S Dollar yesterday, after a report from the Confederation of British Industry showed that UK retail sales slumped in April. Sterling / Euro and US Dollar exchange rates The Pound declined through 1.61 against the U.S Dollar yesterday, after a report from the Confederation of British Industry showed [...]
The Pound declined from an 8 month high against the U.S Dollar
Wednesday, May 9th, 2012The Euro struggled to stem the losses yesterday and found a degree of support in the region of 1.30 against the U.S Dollar. Sterling / Euro and US Dollar exchange rates The Pound declined from an 8 month high against the U.S Dollar, trading back under pivotal support at 1.6170, after a report showed that [...]
The Pound declined for a fourth consecutive day against the U.S Dollar
Tuesday, May 8th, 2012The Euro encountered strong resistance close to the 1.3160 level ahead of the ECB meeting and drifted lower following Draghi’s comments. Sterling / Euro and US Dollar exchange rates Following on from last week, the Pound declined for a fourth consecutive day against the U.S Dollar on Thursday, as a report yesterday showed that growth [...]
The Pound declined for a fourth consecutive day against the U.S Dollar
Friday, May 4th, 2012The Euro encountered strong resistance close to the 1.3160 level ahead of the ECB meeting and drifted lower following Draghi’s comments. Sterling / Euro and US Dollar exchange rates The Pound declined for a fourth consecutive day against the U.S Dollar, as a report yesterday showed that growth in UK services industries slowed by more [...]
The Pound hit resistance in the region of 1.6230 against the Dollar and traded as low as 1.6160
Thursday, May 3rd, 2012The Euro was again subjected to heavy selling pressure yesterday due to a combination of fundamental and technical factors. Sterling / Euro and US Dollar exchange rates The Pound bounced back from the disappointment of the manufacturing PMI data on Tuesday to strengthen by the most in more than a week against the Euro, rising [...]
The Pound declined from a 22-month high against the Euro yesterday
Wednesday, May 2nd, 2012The Euro challenged resistance levels in the region of 1.3250 against the Dollar and pushed briefly to a one-month high before drifting weaker towards the close of trading in Europe last night. Sterling / Euro and US Dollar exchange rates The Pound declined from a 22-month high against the Euro yesterday, while the UK currency [...]
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