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21/02/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • February 21, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us.

So far this week the best performers have been Sterling and the US Dollar. Sterling gained yesterday after a rumour that the EU may be open to a deal after Brexit, whereas the Dollar gained from the recent lows we have seen.

Today is a busy day regarding economic data releases, we had the UK wage data, testimony from BoE MPC members, and the latest Fed minutes later this evening.

In terms of the UK employment data, the wage growth rose this morning. However, the unemployment rate was set to remain at 4.3%, its lowest level since the early 1970s, however, the data rose and come in at 4.4%.

The pound has dropped off slightly on the back of the release.

GBP/EUR 1.1296
GBP/USD 1.3921
GBP/AED 5.0185
GBP/AUD 1.7741
GBP/CHF 1.3045
GBP/CAD 1.7637
GBP/NZD 1.8965
EUR/USD 1.2312
GBP/ZAR 16.265

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