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Interbank Market rate - GBP/USD

Bid Ask
11:10
1.2995 / 1.2999
Low High
24h 1.2952 - 1.3026
Week 1.2920 - 1.3116
For information purposes onlyFor informational purposes only. Please read Terms of Use for further information.

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Daily Commentary

Wednesday, 28 September 2016

Joshua Hughes - Private Client Dealer

United States Dollar:

As oil prices retreated 2% yesterday the Dollar was able to make early gains. This fall in oil prices was due to officials from Iran and Saudi Arabia stating that a deal to curtail oil production is unlikely to be reached today. Oil future prices fell dramatically with Goldman Sachs predicting a Q4 price of $43 per barrel, down from a previous prediction of $50. Yesterday’s Consumer Confidence ... read more


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Rate: 1.2999
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Rate: 0.7693
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