Currency News
Keep up to date with the latest currency-related news in our Currency News area. Latest currency news, facts and interesting items are posted on this page regularly so you can stay informed. Any reports or updates related to any currency topics will also be posted here.
Latest News
 The Pound Rises on Retail Sales Data22 July 2010 Currency Exchange UK The pound rose on Thursday, after better-than-expected retail sales figures were announced for the month of June. Read More >> |
 Euro Rises VS Currency Basket15 July 2010 Currency Exchange UK The euro rose on Thursday against a basket of currency majors after a successful sale of Spanish government bonds increased investor appetite. Read More >> |
 Euro Soars to 2 Week High VS the Pound06 July 2010 Currency Exchange UK On Tuesday the euro rose to a two week high against the pound, extending gains it made on Monday. It rose to 83 pence by mid morning on the London market. Read More >> |
 The Pound Drops Versus the Euro 30 June 2010 Currency Exchange UK The pound fell against the euro this Wednesday, as speculation on demand for euros for the latter half of the year increased. Read More >> |
 Euro Slumps Versus Dollar and Yen 24 June 2010 Currency Exchange UK The euro fell against the dollar and the yen on Thursday, as investors rushed to the relative safety of the latter currencies. The main cause for risk aversion in the market was renewed fears on the health of the global economy, plus another round of sovereign debt fears on Europe. Read More >> |
 Weak Dollar Buoys the Pound18 June 2010 Currency Exchange UK The pound rose to a one-month high against the US dollar this Friday, helped by a broadly weaker greenback and improved UK economic data. Read More >> |
 Euro Crisis Compared with US Subprime Mortgage Disaster14 June 2010 Currency Exchange UK The debt crisis in Europe has been compared with the subprime mortgage disaster in the US, by the Bank of International Settlements (BIS). Read More >> |
 Pound Sterling Reaches 19 Month High11 June 2010 Currency Exchange UK The pound reached its highest level in 19 months against the euro in this morning’s early trade on the London session. Against the US dollar it also gained. Read More >> |
 Euro Zone Concern Grows on Hungary Situation04 June 2010 Currency Exchange UK According to a government official in Hungary, the economy there is in a “very grave situation”. Peter Szijjarto, a spokesman for the leadership said that it was not an exaggeration to mention a default. Read More >> |
 Sterling Gains on US Housing Data03 June 2010 Currency Exchange UK The pound sterling and global stocks rose on Thursday after better-than-expected US housing data was released. Read More >> |
 Euro Falls Broadly on Dollar Funding Comments26 May 2010 Currency Exchange UK Wednesday on the London session and the euro has fallen broadly against a basket of currencies, after US Federal Reserve Chairman Ben Bernanke commented that dollar funding would not be a permanent fixture. Read More >> |
 Global Foreign Exchange Companies Announce Pre Tax Profits20 May 2010 Currency Exchange UK The latest pre-tax profit figures for the world’s top foreign exchange firms have been announced and show a mixed result. Read More >> |
 Sterling Slips after Early Gains18 May 2010 Currency Exchange UK The pound slipped after initial gains on Tuesday, as concerns arose that monetary tightening could take place as a result of better-than-expected UK inflation data. Read More >> |
 Sterling Falls on Dovish BoE Report12 May 2010 Currency Exchange UK An interesting day so far on the currency market, as the pound offset an initial rally with a decline on the back of a dovish Bank of England report on UK inflation. Read More >> |
 The Euro Surges on EU Emergency Fund10 May 2010 Currency Exchange UK EU ministers and central banks met over the weekend to decide on a way to provide security for the troubled Euro zone region. Read More >> |
 Sterling Falls on Euro Boost and UK GDP Data23 April 2010 Currency Exchange UK An interesting morning on the foreign exchange market this morning, as a number of factors caused movement for the pound and the euro. Read More >> |
 Euro Falls for Fifth Day on Fresh Greece Fears21 April 2010 Currency Exchange UK It may have seemed a couple of weeks back as though the problems of the euro were fading. After Eurozone leaders finally agreed on a large bailout package for Greece, totalling at around €61 billion, the euro had enjoyed a boost. Read More >> |
 Sterling Reaches 7 Week High Against USD15 April 2010 Currency Exchange UK The pound rose again this Thursday, hitting a seven-week high against the US dollar. The main reason for the pound’s increase was an opinion poll showing that the opposition Conservative party could win an overall majority at the UK general elections in May. Read More >> |
 Weaker Dollar pushes Sterling Up30 March 2010 Currency Exchange UK A broadly weaker US dollar pushed the pound up 0.3% to $1.5038 on Tuesday, although political uncertainty continues to weigh on sterling. Read More >> |
 Euro Strengthens on Greece Plan26 March 2010 Currency Exchange UK On Friday, the euro took strength against the pound and the US dollar after a bailout plan for Greece was finally agreed upon. Read More >> |
 Pound under Pressure pre Budget23 March 2010 Currency Exchange UK On Monday, the pound recouped some of its Friday losses against the US dollar but overall pressure on the currency remains noticeable as investors await the Budget announcement this week. Read More >> |
 Market Looking for Excuses to Sell Pound16 March 2010 Currency Exchange UK According to currency analysts, the market is currently looking for excuses to sell pound. Now, they have found the ideal channel thanks to a draft of a European Commission report which calls for the UK to do more to cut its deficit. Read More >> |
 Sterling Extends Losses 09 March 2010 Which Way to Pay Tuesday morning and in early trade in the London session, sterling extends losses after some worrying comments from rating agency Fitch. Read More >> |
 Sterling Gains after Strong UK Data Released03 March 2010 Currency Exchange UK After what has been a poor week for the pound, today it rose against the US dollar and the euro as positive data was released in the UK. Read More >> |
 Weaker Dollar gives Sterling a boost23 February 2010 Currency Exchange UK The broadly weaker US dollar at the start of this week is providing strength for the pound – it gained by 0.4 per cent to $1.5540 in this morning’s early trade. Read More >> |
 The Pound and Stocks Fall on Surprise Fed Decision19 February 2010 Currency Exchange UK Investors were taken by surprise late on Thursday as the US Federal Reserve decided to raise the base discount rate to 0.75% - up by 25 basis points. Read More >> |
 Sovereign Risk in Eurozone Weighs on EUR/GBP15 February 2010 Currency Exchange UK Concerns over the UK economy were outweighed in this morning’s currency trades, by continuing worries on Greece’s debt problem. This lead the pound to stray strong against the weak euro – by 9AM GMT the euro was trading at 86.75 pence. Read More >> |
 Sterling Gains against Euro12 February 2010 Currency Exchange UK On Friday, sterling rose against the euro after EU leaders made an uncertain response to their support of Greece. Read More >> |
 Pound Creeps up but Shaky Ground remains09 February 2010 Currency Exchange UK Monday saw a weak start to the week for the pound as it reached eight and-a-half month lows against the US dollar. Today in early trading it edged up 0.1 per cent to $1.5618 – but sentiment against the British currency remains nervy. Read More >> |
 Sterling falls to 8 month low against USD05 February 2010 Currency Exchange UK Against a basket of currencies, the US dollars extended gains on Friday as investors remained wary of the Eurozone. Fiscal problems in the region left many heading back to the dollar – it reached a seven-month high. Read More >> |
 Yen and US dollar Rise after RBA rate decision02 February 2010 Currency Exchange UK The Japanese yen and the US dollar rose after the Australian central bank decided to leave its interest rates frozen at their latest meeting. Read More >> |
 Euro remains Weak as Pound Rises28 January 2010 Currency Exchange UK The euro remains weak this Thursday, as concerns over Greece continue to weigh heavy on the single currency. Read More >> |
 Sterling Boost on Expectations of Recession Exit 26 January 2010 Currency Exchange UK Expectations that it will be announced later today that the United Kingdom is out of the recession has given a boost to the pound. Read More >> |
 The Pound retreats on Weak UK Data21 January 2010 Currency Exchange UK After having enjoyed a strong few days, the pound fell today against the US dollar after weak UK data was released. Read More >> |
 Greece weighs Heavy on Euro18 January 2010 Currency Exchange UK After a strong week for the pound sterling last week, gains were extended this morning with the euro sinking to four-month lows against the pound. Read More >> |
 Sterling reaches 4 Week Highs13 January 2010 Currency Exchange UK The pound sterling rose again today after positive data from the UK economy was released earlier this week. Read More >> |
 Pound Falls after Monday Gains05 January 2010 Currency Exchange UK After having risen on Monday against the US dollar, the pound fell against both the dollar and the euro in this morning’s early trading. Against the dollar, it was down to $1.6064, a retreat of 0.2 per cent and while the euro edged up to 89.76 pence. Read More >> |
 Sterling slips to Two Month Lows22 December 2009 Currency Exchange UK The pound continued its downward trend today, dropping to less than $1.60 – a two-month low against the US dollar. Against the euro, the pound reached a one-week low. The euro reached 89.45 pence. Read More >> |
 Dubai Bailout means Dollar Falls14 December 2009 Currency Exchange UK Investors welcomed news that Abu Dhabi will bail out ailing Dubai with funds of around $10 billion. In fact, the announcement led to higher risk-taking amongst currency traders, meaning the US dollar slipped on Monday. Read More >> |
 Dollar Extends Friday Gains07 December 2009 Currency Exchange UK Investors are hopeful of rise in US interest rates in the near future after better-than-expected data on US unemployment was released on Friday. Read More >> |
 Pound falls amid Dubai Fears30 November 2009 Currency Exchange UK The sterling fell this Monday morning, nearing a one-month low against the euro as latest data showed an unexpected decline in UK consumer confidence. Read More >> |
 Pound Up against US Dollar23 November 2009 Currency Exchange UK The British Pound was up against the US dollar by 0.7 per cent to $1.6638 on Monday. This proved to be a rebound after two-week lows last week and was largely down to higher risk appetite. Read More >> |
 Sterling struggles amidst Low Confidence20 November 2009 Currency Exchange UK The British pound fell in early trading against the US dollar as investors headed away from so-called risky currencies. Read More >> |
 US dollar close to 15 Month Lows12 November 2009 Currency Exchange UK The dollar has nearly reached 15-month lows as stocks weaken and the price of gold shoots up to beyond $1,120 an ounce. Read More >> |
 US dollar retreats ahead of Fed Announcement04 November 2009 Currency Exchange UK Despite being already generally on a weak trend, the US dollar fell against a basket of currencies today as the market awaits the latest decision on the base interest rate from the US Federal Reserve. Read More >> |
 Euro down and US dollar poised for Comeback27 October 2009 Currency Exchange UK Quiet trade and investor easing has caused the US dollar to retreat against the Euro after a strong Monday which had brought the Euro down from its 14-month highs. Read More >> |
 Euro close to $1.5020 October 2009 Currency Exchange UK The Euro skimmed close to $1.50 at $1.49 on Tuesday but was prevented from reaching the mark by options-related trading. Read More >> |
 GBP falls against the Euro13 October 2009 Currency Exchange UK The British pound sterling fell against the Euro after it was shown that UK consumer price inflation feel more than expected in September. Read More >> |
 Dollar Falls after G7 Meeting05 October 2009 Currency Exchange UK The US dollar fell today after the weekend G7 meeting failed to bring any surprises for the financial market. Read More >> |
 Yen reaches 8-month High against US Dollar28 September 2009 Currency Exchange UK Share prices for exporters from Japan have taken a knock as the Yen reached eight-month highs against the US dollar. Read More >> |
