Blog


14/05/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 14, 2019
  • No Comments

Please see this morning’s exchange rates listed at the bottom of the article. The rates are there for indication purposes only. For live accurate prices please contact us.

Britain’s unemployment rate fell to its lowest level since the mid-1970s as a pre-Brexit hiring surge continued, but workers’ pay rose a bit less quickly in the first three months of 2019, official data showed this morning.

The unemployment rate stood at 3.8%, its lowest since early 1975 and down slightly from a previous reading of 3.9%, the Office for National Statistics said this morning.

Employment grew by 99,000, below the median forecast of 135,000 in a poll of economists.

In the January-March period, total earnings, including bonuses, rose by an annual 3.2%, slowing from 3.5% in the three months to February and weaker than a forecast of 3.4% in the poll.

The BoE this month said it expected wage growth of 3% at the end of this year.

The British currency is at a two-day low, also being dragged lower by the broader environment, with trade tensions between the United States and China hurting stocks earlier this week.

GBP/EUR 1.1505

GBP/USD 1.2936

GBP/AED 4.7444

GBP/AUD 1.8630

GBP/CHF 1.3034

GBP/CAD 1.7420

GBP/NZD 1.9655

EUR/USD 1.1232

GBP/ZAR 18.327

Leave a Reply

Your email address will not be published.

What's Going On?

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd Payment and Foreign Currency Exchange Services are provided by Currency Cloud Limited and Equals Connect Limited. Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. FCA registration number: 900199. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508). | Terms and Conditions | Privacy Statement | Careers