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Market Updates

BestExchangeRates daily currency market and foreign exchange updates keep our customers aware of the latest cross rates and trends for major currencies. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

United States Dollar – Tue Jan 24: USD Up vs GBP and Down vs EUR, CAD, AUD, MXN, JPY, INR & PHP.

The United States Dollar is today down -0.27% against the Euro, down -0.37% against the Canadian Dollar, even against the Australian Dollar, up 0.11% against the British Pound Sterling, down -0.54% against the Mexican Peso, down -0.47% against the Japanese Yen, down -0.14% against the Indian Rupee and down -0.3% against the Philippine Peso.
USD 1 Week Charts
Read on for the latest 1-week and 3-month USD cross rate fluctuations, charts and trends. View article >

Canadian Dollar – Tue Jan 24: CAD Up vs AUD & GBP and Down vs EUR, MXN & PHP.

The Canadian Dollar is today even against the United States Dollar, down -0.07% against the Euro, down -0.16% against the Mexican Peso, even against the Indian Rupee, up 0.13% against the Australian Dollar, up 0.2% against the British Pound Sterling and down -0.2% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Supreme Court Speculation Causes Uptick in Pound

Sterling

The Pound (GBP) rose against its peers yesterday ahead of the Supreme Court judgement on whether the government has the power to trigger Article 50. Most observers predict that the Court will rule against the government, forcing it to push through a vote in parliament before it is allowed to begin the ‘Brexit’ process. Some investors hope that opposition MPs may block the bill until Theresa May accepts a softer ‘Brexit’ than she outlined in her speech last week. View article >

Australian Dollar – Tue Jan 24: AUD Up vs USD, CNY & SGD and Down vs GBP, EUR, NZD & JPY.

The Australian Dollar is commodity-correlated and was weakened by a drop in iron ore prices overnight with the Chinese marketplace slowing down ahead of the New Year celebrations. Traders are likely to focus on Wednesday’s GDP report this week, with AUD potentially able to strengthen if the Australian economy sees positive growth. The AUD is today up 0.74% against the United States Dollar, down -0.84% against the British Pound Sterling, down -0.24% against the Euro, down -0.64% against the New Zealand Dollar, up 0.5% against the Chinese Yuan, down -1.43% against the Japanese Yen and up 0.47% against the Singapore Dollar. View article >

United States Dollar – Mon Jan 23: USD Down vs EUR, CAD, AUD, GBP, MXN, JPY & PHP.

The ‘Greenback’ weakened as Trump’s inauguration did little to dispel market uncertainty surrounding his policy plans, with an argument about the number of inauguration attendees apparently taking priority over the weekend. With Trump stating that his true day in office will begin later today, traders are hoping to finally learn about his ambitious stimulus policies and trade plans. The United States Dollar starts the week down -0.73% against the Euro, down -0.18% against the Canadian Dollar, down -0.53% against the Australian Dollar, down -1.11% against the British Pound Sterling, down -2.9% against the Mexican Peso, down -1.51% against the Japanese Yen, even against the Indian Rupee and even against the Philippine Peso. View article >

Canadian Dollar – Mon Jan 23: CAD Up vs USD, INR & PHP and Down vs EUR, MXN, AUD & GBP.

The Canadian Dollar starts the week up 0.28% against the United States Dollar, down -0.49% against the Euro, down -2.76% against the Mexican Peso, up 0.26% against the Indian Rupee, down -0.16% against the Australian Dollar, down -0.76% against the British Pound Sterling and up 0.2% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Stabilises as Markets Remain Wary Towards Trump

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) continued to trend relatively flatly against most of its peers this morning following an eventful session last week which saw Sterling recover from a two-month low after Prime Minister Theresa May outlined her plans for ‘Brexit’. Markets will likely be focusing on Tuesday’s Supreme Court ruling this week, with the Court set to deliver its judgement on whether the government will be able to trigger Article 50 without having to pass it through parliament. View article >

United States Dollar – Fri Jan 20: USD Up vs CAD, AUD, MXN, JPY & PHP and Down vs EUR, GBP & INR.

The United States Dollar is today down -0.58% against the Euro, up 0.26% against the Canadian Dollar, even against the Australian Dollar, down -0.15% against the British Pound Sterling, up 0.37% against the Mexican Peso, up 0.38% against the Japanese Yen, down -0.09% against the Indian Rupee and up 0.12% against the Philippine Peso.
USD 1 Week Charts
Read on for the latest 1-week and 3-month USD cross rate fluctuations, charts and trends. View article >

Canadian Dollar – Fri Jan 20: CAD Up vs MXN and Down vs USD, EUR, INR, GBP & PHP.

The Canadian Dollar is today down -0.32% against the United States Dollar, down -0.34% against the Euro, up 0.06% against the Mexican Peso, down -0.4% against the Indian Rupee, even against the Australian Dollar, down -0.58% against the British Pound Sterling and down -0.19% against the Philippine Peso.
CAD 1 Week Charts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Pound Sentiment Improves as Barclays Chief Remains Committed to London

Sterling

The Pound (GBP) put in a strong performance against its peers yesterday as the chief of a leading London bank said that he was confident that his bank could continue operating from the UK after ‘Brexit’. Barclays chief executive Jes Staley said that he believed that London would remain the ‘financial lungs of Europe’ even after the UK leaves the EU, helping to dispel some fears that the City was likely to lose its passporting rights, forcing banks to move to the continent. View article >

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