Currency Calculator by Send Money Home.

GBP Flag
1 GBP = 1.12777 EUR
EUR Flag
1 EUR = 0.8867 GBP

View Providers Switch Currencies

Greenback approaching 5 year high against the Yen

Send money home advert

Foreign currency exchange update

Pound Sterling

With UK news thin on the ground yesterday the Pound was trading in a fairly narrow range against the majority of its peers, although it was able to advance on the US Dollar before the close of local trading. Sterling was little changed ahead of the release of the UK consumer price index. The data is expected to show that inflation remained at a fourteen-month low last month.

US Dollar

Although yesterday’s US manufacturing/industrial output reports surprised to the upside the ‘Greenback’ faltered slightly against rivals like the Pound and Euro ahead of the Federal Open Market Committee’s policy meeting. The North American currency was able to approach a five-year high against the Yen however as investors focused on today’s US inflation figures.

The Euro

In the hours following the release of surprisingly strong manufacturing reports for Germany and the Eurozone the common currency posted widespread gains, ending the European session stronger against the ‘Buck’ and Pound. If today’s ZEW economic sentiment survey adds to the brightening picture of the Eurozone’s economic recovery, additional Euro advances are likely.

Australian Dollar

As Reserve Bank of Australia Governor Glenn Stevens prepares to testify to the nation’s economic committee the ‘Aussie’ is trading close to a five-year low against the ‘Kiwi’. Meanwhile, the South Pacific asset’s bearish relationship with the US Dollar continued overnight as the RBA minutes reiterated concerns regarding the strength of the local currency.

New Zealand Dollar

The New Zealand Dollar consolidated gains against its US counterpart overnight and extended its rally against the ‘Aussie’ ahead of the release of domestic current account, activity outlook and business confidence reports. If the data should make the divergence between the Australian and New Zealand economies even more apparent the ‘Kiwi’ could enjoy a further surge against its neighbouring rival.

Canadian Dollar

With the FOMC policy meeting looming and the prospect of the Fed tapering stimulus dominating market movement the Canadian Dollar is stumbling against the majority of its peers. The commodity-driven ‘Loonie’ is trading in the region of a three-year low against the ‘Greenback’ but could recover losses if today’s Canadian manufacturing shipments report shows improvement.

Pound Sterling

With UK news thin on the ground yesterday the Pound was trading in a fairly narrow range against the majority of its peers, although it was able to advance on the US Dollar before the close of local trading. Sterling was little changed ahead of the release of the UK consumer price index. The data is expected to show that inflation remained at a fourteen-month low last month.

US Dollar

Although yesterday’s US manufacturing/industrial output reports surprised to the upside the ‘Greenback’ faltered slightly against rivals like the Pound and Euro ahead of the Federal Open Market Committee’s policy meeting. The North American currency was able to approach a five-year high against the Yen however as investors focused on today’s US inflation figures.

The Euro

In the hours following the release of surprisingly strong manufacturing reports for Germany and the Eurozone the common currency posted widespread gains, ending the European session stronger against the ‘Buck’ and Pound. If today’s ZEW economic sentiment survey adds to the brightening picture of the Eurozone’s economic recovery, additional Euro advances are likely.

Australian Dollar

As Reserve Bank of Australia Governor Glenn Stevens prepares to testify to the nation’s economic committee the ‘Aussie’ is trading close to a five-year low against the ‘Kiwi’. Meanwhile, the South Pacific asset’s bearish relationship with the US Dollar continued overnight as the RBA minutes reiterated concerns regarding the strength of the local currency.

New Zealand Dollar

The New Zealand Dollar consolidated gains against its US counterpart overnight and extended its rally against the ‘Aussie’ ahead of the release of domestic current account, activity outlook and business confidence reports. If the data should make the divergence between the Australian and New Zealand economies even more apparent the ‘Kiwi’ could enjoy a further surge against its neighbouring rival.

Canadian Dollar

With the FOMC policy meeting looming and the prospect of the Fed tapering stimulus dominating market movement the Canadian Dollar is stumbling against the majority of its peers. The commodity-driven ‘Loonie’ is trading in the region of a three-year low against the ‘Greenback’ but could recover losses if today’s Canadian manufacturing shipments report shows improvement.

© 2017 : All Rights Reserved
Send Money Home Registered Office 334 Southend Road, Wickford Essex SS11 8QS. Trading Office 83 Ducie Street, Manchester M1 2JQ. +44 (0) 844 357 4755 - Email Us