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CCY - CCY Delayed Price. Currency in USD
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1.00000.0000 (0.0000%)
As of 02:00PM BST. Market open.
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Previous close1.0000
Day's range1.0000 - 1.0000
52-week range1.0000 - 1.0000
  • Yahoo Finance UK

    UK economy shrinks as stagflation looms

    GDP contracted 0.6% in June alone as Britain faces a prolonged recession and the worst inflationary crisis since the 1970s.


    Dollar Edges Higher; Sterling Weak After GDP Fall

    “In addition to the Russian threat from energy prices, the European manufacturing industry now has to contend with drought conditions and low water levels on the Rhine,” added ING. “That will challenge coal shipments, amongst other cargoes, and is keeping European natural gas prices bid near the highs. This factor remains an outright euro negative.”

  • Reuters

    Dollar set for weekly fall as markets reassess Fed rate hike bets

    U.S. inflation figures on Wednesday and Thursday were lower than expected, boosting riskier assets such as equities and weakening the dollar, as markets interpreted the data as indicating the Fed could be less aggressive in rate hikes. But Fed officials made clear they would continue to tighten monetary policy. San Francisco Federal Reserve Bank President Mary Daly said on Thursday she was open to the possibility of another 75 basis point (bp) hike in September to fight too-high inflation.