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CCY - CCY Delayed price. Currency in USD
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1.2694-0.0025 (-0.1993%)
As of 09:12PM BST. Market open.
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Previous close1.2720
Day's range1.2686 - 1.2746
52-week range1.2043 - 1.3142
  • Yahoo Finance UK

    Pound holds steady after Sunak's snap election announcement

    Sterling pushed just under 0.1% higher versus the dollar to 1.2727 as a six-week election campaign begins before polling day on 4 July.


    Dollar steadies after sharp gains post Fed minutes; sterling retains strength

    The U.S. dollar handed back some of the previous session’s gains Thursday, but remained near a one-week high after the release of hawkish minutes from the last Federal Reserve meeting suggested U.S. interest rates would remain elevated for some time. The minutes of the Fed’s late-April meeting showed policymakers were growing increasingly concerned over sticky inflation, with some Fed officials talking about potentially raising rates further to bring down inflation. Several Fed officials have subsequently cautioned about inflation levels in speeches following the gathering.


    Dollar steady ahead of Fed minutes, sterling gains on CPI release

    The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less than expected in April. The dollar is struggling to move in any meaningful fashion as traders await the release of the minutes from the last Fed meeting, searching for more cues on the likely path of U.S. interest rates towards the end of the year. Last week’s soft-than-expected consumer inflation data raised hopes of rate cuts in a reasonably short time, but a series of Fed officials have continued to call for policy caution.