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Interbank Market rate - GBP/USD

Bid Ask
1.2474 / 1.2476
Low High
24h 1.2472 - 1.2506
Week 1.2342 - 1.2529
Market rateFor informational purposes only. Please read Terms of Use for further information.

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Daily Commentary

Friday, 24 March 2017

Joshua Hughes - Private Client Dealer

United States Dollar:

Unemployment claims rose yesterday above forecast from 243K to 258K. This did little to help bolster the currency as the USD continued to steadily decline throughout yesterday’s session. Markets awaited Fed Chair Yellen’s speech yesterday. This had the potential to be a major market mover following last week’s rate hike. Yellen, however, steered clear of discussing monetary policy and focused ... read more

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Rate: 1.2476
Rate: 0.8015
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