Daily FX Commentary

25 November 2015 - Pound feels the pressure as Carney sounds dovish

By Alex Edwards
United States Dollar: GBP/USD fell steadily throughout the day yesterday. EUR/GBP was well bid in the early morning session which weighed on the currency pair. The pound came u... read more

24 November 2015 - Pound ranges steady as markets eye Inflation Report Hearings

By Alex Edwards
United States Dollar: GBP/USD started the day under 1.52 yesterday and was steady throughout most of the morning session. It spiked to 1.5180 come mid-afternoon and in response ... read more

23 November 2015 - Markets cautious ahead of BOE Inflation report

By James Mills
United States Dollar: The dollar opens on the front foot this morning as investors remain cautious ahead of this week’s Bank of England Quarterly inflation report. The end of... read more

19 November 2015 - Dollar weakens as investors left feeling flat on Fed minutes

By Alex Edwards
United States Dollar: GBP/USD climbed steadily throughout the day yesterday. It was supported early on by some fairly hawkish comments from the Bank of England’s Ben Broad... read more

18 November 2015 - Euro under more pressure as investors eye US FOMC Minutes

By Alex Edwards
United States Dollar: Headline UK CPI printed in line with market expectations yesterday at -0.1% y/y. The core number, which excludes food, energy and booze, was a bit stronger... read more

17 November 2015 - Inflation numbers in focus today as dollar and equities strengthen

By Alex Edwards
United States Dollar: Investors took a fairly cautious approach to trading on Monday following the terrorist attacks in Paris on Friday eve. The dollar initially firmed on safe ... read more

16 November 2015 - Stock markets fall after Paris terror attacks

By Jake Trask
United States Dollar: Friday saw American data underperform with Retail Sales, Core Retail Sales, PPI and Core PPI all miss forecast. Cable pushed higher in the immediate afterma... read more

13 November 2015 - Dollar weakens as Fed speakers take dovish stance

By Alex Edwards
United States Dollar: GBP/USD got a boost from increased selling in the EUR/GBP pair on Thursday, this coming off the back of various dovish comments from ECB President Draghi. ... read more

12 November 2015 - AUD smashes higher after positive overnight employment numbers

By Alex Edwards
United States Dollar: GBP/USD fell to a low of 1.5142 yesterday morning following the release of weaker than expected UK wage data. Jobs data, released at the same time, was pos... read more

11 November 2015 - Pound recovers ahead of wage growth data

By Jake Trask
United States Dollar: The pound has managed to recoup some of its losses after last week’s better than expected Non-Farm Payrolls from the States. After trading as low as 1... read more

10 November 2015 - Ranges steady ahead of central banker speeches later in the week

By Alex Edwards
United States Dollar: The dollar weakened yesterday and GBP/USD recovered. The pair traded to a high of 1.5125 by the end of the day on Monday and has held relatively steady thr... read more

09 November 2015 - Dollar soars after NFP beats forecast

By Jake Trask
United States Dollar: It was a good day for the dollar on Friday as the latest employment data from America beat estimates sending the dollar higher. Octobers Non-Farm Payroll ca... read more

06 November 2015 - ''Super Thursday was a Bad day for Sterling

By Dean Weller
United States Dollar: The Greenback remained broadly higher against most major currencies throughout Thursday’s session. The echoes of Yellens comments still ringing out of... read more

05 November 2015 - Remember Remember, it''s Super Thursday!

By Alex Edwards
United States Dollar: The USD strengthened again yesterday as US data including trade balance and ISM Non-Manufacturing PMI both beat market expectations. US ADP Non-Farm Employ... read more

04 November 2015 - GBP/EUR trades to 3 month highs as Asian stocks rally

By Alex Edwards
United States Dollar: The dollar continued to strengthen yesterday. GBP/USD fell to a low of 1.5365 but bounced back come the mid-afternoon as data showed that US factory orders... read more

03 November 2015 - Aussie dollar higher as RBA leave rates on hold

By Alex Edwards
United States Dollar: The pound got a boost from the release of better than expected UK manufacturing data on Monday. The index for October printed at 55.5 vs. expectations for ... read more

02 November 2015 - Big week for the pound & dollar as Super Thursday and US jobs data eyed

By Alex Edwards
United States Dollar: Month end selling of the USD kicked in on Friday and saw the dollar fall across the board, this despite the release of stronger than expected Chicago PMI re... read more

30 October 2015 - Dollar slips back as GDP numbers shrugged off

By Alex Edwards
United States Dollar: The dollar has given up some of its post FOMC gains and opens lower vs. both GBP and EUR. GBP/USD trades at 1.5340 this morning. It fell to a low of 1.524... read more

28 October 2015 - Aussie and kiwi fall as inflation data prints weaker than expected

By Alex Edwards
United States Dollar: Prelim GDP from the UK printed weaker than expectations on Tuesday. The data showed that GDP expanded 0.5% in the three months to September vs. forecasts f... read more

27 October 2015 - Dollar falls back as traders eye FOMC statement

By Alex Edwards
United States Dollar: The dollar weakened yesterday, retracing after a few days of solid gains. There wasn’t much to go on but New Home Sales from the US printed worse tha... read more

Currency Converter

Market Rate For information purposes only. Terms of Use
For details, see My FX Dashboard

For UKForex’s customer rate
Log In or Register Now
Rate: 1.5076
Rate: 0.6633

Register Free

Send money overseas at better rates than the banks.

Get our free commentary

RSS Follow Facebook Twitter Follow on LinkedIn Google Plus Follow on YouTube

Get free rate alerts

Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

NOTE: These rates are for informational purposes only

IMPORTANT: Use of this website is subject to the Website Terms. Use of the Services of the UKForex Limited is subject to the Client Agreement. Nothing on this website constitutes or should be construed as financial advice. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites.

UKForex is registered in England and Wales (company no. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA.

DISCLAIMER: UKForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

UKForex provides international money transfer services to individual clients and business customers. Use our free currency calculator, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.

UKForex is authorised by the Financial Conduct Authority (FRN: 521566) for the provision of payment services. 

Money Laundering Regulation Number (MSB): 12219180. Issued by HM Revenue & Customs (HMRC)
Read our Money Laundering Statement

Privacy Policy

We are moving to one global brand ofx.com