ExchangeRates.org.uk

Bitcoin's rally puts September's $82,087 high back in focus, with $80,000 the first test of whether buyers can sustain Friday's gains. The Bitcoin to US Dollar exchange rate (BTC/USD) surged to $80,352 on Friday, gaining 5.16% from Thursday's close as crypto markets rallied following the SEC's move to open up tokenised share trading. At 15:18 BST, Bitcoin was close to its intraday high of $80,381, having erased Tuesday's losses.

The Pound-Dollar could remain under pressure if UK retail sales disappoint, while firmer US industrial output may offer the Dollar fresh support. The Pound US Dollar (GBP/USD) exchange rate faced turbulence on Thursday as the US and UK central bank decisions infused markets with volatility. At the time of writing, GBP/USD was trading at $1.3380, virtually unchanged on the day but having struck a seven-week low earlier in the session.

Pound-New Zealand Dollar could stay under pressure if UK retail sales disappoint, while firmer risk appetite may keep the Kiwi supported. The Pound New Zealand Dollar (GBP/NZD) exchange rate stumbled on Thursday as the Bank of England (BoE) left interest rates unchanged. At the time of writing, GBP/NZD traded at NZ$2.3302, down 0.5% on the day.

The Pound-Euro rate could remain under pressure if UK retail sales disappoint, while a hawkish Lagarde speech may offer the Euro fresh support. The Pound to Euro (GBP/EUR) exchange rate was subdued on Thursday as markets digested the Bank of England’s (BoE) latest interest rate decision. At the time of writing, the GBP/EUR exchange rate was trading at around €1.1656. A modest decline from the start of Thursday’s session.

Economists expect two UK rate rises, ING still favours a hold, and Lloyds sees growing pressure to act after the BoE leaves Bank Rate at 3.75%. The Bank of England moved closer to raising interest rates on Thursday, but its warning failed to satisfy markets and the Pound fell against its major peers.

The Pound-Dollar rate could stay under pressure ahead of the Bank of England decision after the Federal Reserve raised rates and signalled further tightening. The Pound US Dollar (GBP/USD) exchange rate remained close to recent lows on Wednesday evening after the Federal Reserve raised interest rates by 25 basis points. At the time of writing, GBP/USD was trading at around $1.3470, close to Wednesday's opening levels.

Pound-New Zealand Dollar could remain volatile around the BoE decision, while weaker New Zealand growth may leave the Kiwi under pressure. The Pound New Zealand Dollar (GBP/NZD) exchange rate briefly touched a two-month high during Wednesday's Asian trading session, before relinquishing its gains amid the UK’s latest consumer price index. At the time of writing, GBP/NZD traded at NZ$2.3412, down from its earlier high of NZ$2.3488.

Pound-Euro could remain sensitive to the Bank of England’s guidance, with Sterling lacking support after inflation data failed to shift rate expectations. The Pound Euro (GBP/EUR) exchange rate was subdued on Wednesday as the UK’s latest inflation figures failed to boost Sterling. At the time of writing, GBP/EUR was trading at €1.1667, marginally down on the day.

Analysts at ING forecast a EUR/USD recovery to 1.160 by December, but RBC expects two more Fed hikes after Wednesday's quarter-point increase. The Euro to US Dollar exchange rate (EUR/USD) fell below 1.15 after the Federal Reserve raised interest rates, trading near 1.1462 late Wednesday, down 0.65% on the day.

Pound-Australian Dollar could strengthen if UK inflation boosts BoE rate expectations, while a risk-off mood may keep the Aussie under pressure. The Pound Australian Dollar (GBP/AUD) exchange rate wavered near the previous day’s 12-day high on Tuesday, as a risk-off mood subdued the ‘Aussie’ and markets digested the UK’s latest jobs report. At the time of writing, GBP/AUD was trading at AU$1.8904, virtually unchanged on the day.