£ GBP – Pound Sterling
The Pound jumped to a new seven-month against the US Dollar and was steady against the Euro after Bank of England Governor Mark Carney told parliament’s Treasury Select Committee that the UK economy is picking up speed as a result of the Central Bank’s stimulus programme.
The Pound Sterling/US Dollar Exchange Rate is currently in the region of: 1.5806
The Pound Sterling/Euro Exchange Rate is currently in the region of: 1.1884
€ EUR – Euro
The Euro spent most of the session down against the Pound and a number of its most traded peers after the publication of disappointing industrial production data weighed heavily upon investor hopes that the Eurozone is making a strong recovery. The data highlighted just how vulnerable the region is. The euro traded lower against the US Dollar after data showed that U.S. initial jobless claims fell sharply last week, dropping to the lowest level since 2006.
The Euro/US Dollar Exchange Rate is currently in the region of: 1.3300
The Euro/Pound Sterling Exchange Rate is currently in the region of: 0.8414
$USD – US Dollar
The ‘Greenback’ softened against the Euro as the session drew to a close as the markets were little impressed with the jobless claims data out of the US. Despite the figure showing improvement many investors dismissed the figures after it was revealed that the data could be inaccurate due to computer upgrades taking place in two states during the week in question.
The US Dollar/Pound Sterling Exchange Rate is currently in the region of: 0.6326
The US Dollar/Euro Exchange Rate is currently in the region of: 0.7518
$AUD – Australian Dollar
The ‘Aussie’ weakened against all of its most traded counterparts after data showed that unemployment in the country climbed to a four-year high. The surprising data caused the currency to tumble against the US Dollar and saw it retreat from its strongest level in two months.
The Australian Dollar/US Dollar Exchange Rate is currently in the region of: 0.9237
The Australian Dollar/Euro Exchange Rate is currently in the region of: 0.6945
The Australian Dollar/Pound Sterling Exchange Rate is currently in the region of: 0.5843
$NZD – New Zealand Dollar
The ‘Kiwi’ has advanced for a fifth day against the US Dollar and reached its highest level in more than three-weeks, after the nation’s Central Bank signalled that it may raise interest rates from a record low earlier than expected.
The New Zealand Dollar/US Dollar Exchange Rate is currently in the region of: 0.8131
The New Zealand Dollar /Euro Exchange Rate is currently in the region of: 0.6113
The New Zealand Dollar/Pound Sterling Exchange Rate is currently in the region of: 0.5144
$CAD – Canadian Dollar
The ‘Loonie’ made gains against the US Dollar after the Reserve Bank of New Zealand hinted that interest rates will be increased next year the odds of the Bank of Canada following suit increased and the ‘Loonie’ consequently climbed, which led the currency to come close to a one month-high against the US Dollar.
The Canadian Dollar/US Dollar Exchange Rate is currently in the region of: 0.9696
The Canadian Dollar /Euro Exchange Rate is currently in the region of: 0.7290
The Canadian Dollar/Pound Sterling Exchange Rate is currently in the region of: 0.6134
