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29/12/2017 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • December 29, 2017
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The exchange rates are listed at the bottom of this article. Please note that the rates are for indication only. For live quotes please contact us via phone, email or SMS.

The dollar continued to fall against other major currencies on Friday, the last trading day of the year.

Trading volumes are expected to remain thin ahead of the New Year’s Day holiday weekend.

The US Dollar Index which measures the greenback’s strength against a trade-weighted basket of six major currencies was down 0.27%

The greenback fell for the fourth consecutive day and was at its lowest level since the end of September.

Some analysts think the weakness is due to sell-offs after President Donald Trump signed the tax bill into law. The index was down 0.9% year-to-date

Pound is slightly down against the Euro at 1.125

GBP/EUR 1.1252
GBP/USD 1.3485
GBP/AED 4.8564
GBP/AUD 1.7257
GBP/CHF 1.3147
GBP/CAD 1.6900
GBP/NZD 1.8945
EUR/USD 1.1967
GBP/ZAR 16.485

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