Currency Exchange Rates
The U.S. Dollar is at its lowest since September and continues to fall with a 0.3% decrease against the six major fiat currencies. The British Pound is now just below its high vs the U.S. dollar.
- The Pound has seen gains as the Bank of England has been indicating it could raise interest rates next month to relieve inflationary pressures.
- The Canadian Dollar is at a four-month high against the U.S. Dollar.
*Exchange rates as of 7 am ET. Data from Morningstar Financial Research. To understand why we track these currencies and the differences between them, click here.