US Dollar Exchange Rate

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Mid-market rates at 1700 GMT:

Sterling – Euro = 1.1090
Sterling – US Dollar = 1.4233
Sterling – Australian Dollar = 2.1829
Sterling – New Zealand Dollar = 2.7275
Sterling – South African Rand = 14.3150
Sterling – Canadian Dollar = 1.7758

The Pound has followed yesterday’s dip with further losses against major currencies, with US Dollar exchange rates particularly volatile after good retail sales data released earlier on.

European data out showed weak production figures, but the Euro failed to move much, finishing about a cent lower than yesterday. A Pound now buys Euros for overseas transfer just above the 1.10 mark.

Friday sees Eurozone GDP data released in the morning, as well as German data and US consumer sentiment in the afternoon. There are no major releases scheduled for the Pound.

Make sure you are in touch with a currency broker if you need to send or receive any payments in foreign currency.

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