Blog


28/09/2017 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • September 28, 2017
  • No Comments

This morning’s exchange rates are listed at the bottom of this article. Please note that the rates are for indication purposes only. For live quotes please contact us.

Sterling was down against the Euro today after the Euro-area economic confidence surged more than economists forecast in September, giving European Central Bank policy makers more positive news to consider as they decide on the future of their bond-buying program.

The index of industry and consumer sentiment increased to 113 in September from 111.9 the previous month, the European Commission in Brussels said on Thursday. The reading — the highest in a decade — was well above the median estimate of 112 in a recent poll.

In the UK the BOE Governor was speaking this morning. In his speech Carney asserted the BOE’s right to continue weighing in on the issue (Brexit), saying “we will continue to assess and express our independent assessment of the risks associated with Brexit.”

The event comes as the BOE, which added stimulus in the wake of the Brexit vote, moves closer to increasing interest rates for the first time in more than a decade. Chief Economist Andy Haldane said in an interview with Sky News on Wednesday that a hike should be considered good news for the U.K., rather than a source of fear.

GBP/EUR 1.1379
GBP/USD 1.3380
GBP/AED 4.8309
GBP/AUD 1.7134
GBP/CAD 1.6721
GBP/CHF 1.3044
GBP/NZD 1.8638
EUR/USD 1.1770
GBP/ZAR 18.102

Leave a Reply

Your email address will not be published. Required fields are marked *

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, Equals Money and Ebury Partners UK 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. Equals Money is a trading style of FairFX PLC. FairFX PLC is authorised and regulated by the Financial Conduct Authority to provide payment services. (Financial Services Register No: 488396). Currencies 4 You Ltd is partnered with Ebury Parnters UK Limited as its Programme Mananger. Ebury Partners UK Limited are authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. (Reference Number 900797). Ebury Partners UK Ltd is registered with the information commissioners office with registration number: ZA345828. | Terms and Conditions | Privacy Statement | Careers