AD

XE Currency Converter

GBP/USD2015-07-28 07:02 UTC

Cable has settled in the mid-to-upper 1.55s and the pound has managed to rebound some against the euro. Cable support is at 1.5545-55, which encompasses both the 20- and 50-day moving averages. The UK still has July survey data on the retail sectors, the preliminary Q2 GDP estimate, monthly BoE lending figures, and July consumer confidence. The net takeaway of these should be a reaffirmation continuing economic expansion. Read More 

XE Market Analysis

  • North American Edition2015-07-27 11:34 UTC

    The dollar traded generally weaker, and the euro outperformed as more Grexit risk premium was unwound and the July German Ifo survey beat expectations. The yen, meanwhile, was generally firmer (outside the case against the euro) amid a China-driven stock market declines in Asia and Europe. EUR-USD rallied to a 1.1113 two-week peak before settling to the mid-to-upper 1.10s, remaining over a half-a-big-figure up on the day's opening levels. The yen has ... Read More 

  • European Edition2015-07-28 07:02 UTC

    The AUD saw volatile trade , dropping to a new six-year low of 0.7257 versus the USD as Chinese stock markets opened heavily in the red before rebounding to a two-day peak of 0.7327 as policymakers in Beijing managed to engineer a rebound in equities. The Shanghai Composite opened as much as 5-7% underwater before rebounding into the green, then sinking back down -1.0%. China's State Planner said it will quicken construction of key projects, while China ... Read More 

  • Asian Edition2015-07-27 18:52 UTC

    FX trade was relatively subdued to start the N.Y. week, though the dollar overall maintained a softer footing throughout the session. Risk-off conditions kept pressure on the greenback, versus the yen and euro in particular. EUR-USD peaked at 1.1129 into the London close, as USD-JPY found support just above 123.00. After briefly dipping under 1.3000, USD-CAD maintained the figure through the session, as oil prices made new three-plus month lows. Cable ... Read More 

Send a cheap money transfer 

Looking to send money abroad? Transferring money online is easy with XE. Our service works with your bank and it's free to sign up.

  • Free online quotes
  • Competitive exchange rates
  • No-fee money transfer options
  • Bid for your preferred rate
Transfer Money with XE

Get a currency data API 

Need commercial grade rates for your business? The XE Currency Data API easily integrates with your system and has guaranteed data delivery.

  • 160+ global sources
  • Rates for every world currency
  • Accuracy with proprietary rates
  • Choose frequency of updates
Order XE Currency Data
Paste link in email or IM

Featured Products