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945.00 USD = 709.137 GBP
US Dollar British Pound
1 USD = 0.750409 GBP 1 GBP = 1.33261 USD
Convert again GBP/USD thumbnailView Chart Mid-market rates: 2016-07-01 13:32 UTC

XE Market Analysis

  • North American Edition2016-07-01 10:50 UTC

    Sterling posted moderate losses and the yen outperformed as the risk-on vibe sparked by BoE's Carney yesterday lost some of its fizz. The UK's FTSE 250 underperformed with a 0.6% decline as of late AM trade in London. The 10-year Gilt yield hit a record low, as did the equivalent JGB and U.S. T-note yields. Cable ebbed to the low 1.32s after closing yesterday just above 1.3300 but remain above the post-Carney low at 1.3206. EUR-USD continued to narrowly ... Read More 

  • European Edition2016-07-01 06:41 UTC

    Another relatively uneventful session was seen in Asia with sterling consolidating the 1% decline seen after BoE Governor Carney said, after the London close yesterday, that an easing was likely over the summer. This prompted a flurry of revised forecasts from market economists for a cut in July or August, expecting the repo rate to be halved to 0.25%. The BoE also has the option of expanding QE and has made available GPB 250 bln to inject into the ... Read More 

  • Asian Edition2016-06-30 18:54 UTC

    The session started on a fairly quiet footing, with the dollar steady until late in the morning session. BoE's Carney then stirred things up, as he commented on the Bank's need for further easing as soon as this summer. Sterling fell broadly, taking cable to 1.3207 lows from near 1.3425, and GBP-JPY under 136.40 from 137.80. EUR-GBP rallied nearly 100 points to 0.8370. EUR-USD later played catch-up, as talk of loosening of SCB rules for asset purchases ... Read More 

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