The pound to euro exchange rate is 0.009% higher on the day with 1 GBP = 1.1311 EUR. The pound to dollar exchange rate is 0.171% lower with 1 GBP = 1.6381 USD. The GBP/USD rose from $ 1.6341 and showed its session highs at $ 1.6412. The currency pair then traded lower towards the $1.6400 zone. The British Pound has gained somewhat of a safe haven status as of late and today markets are showing a strong desire for risky assets, to the detriment of the pound. Euro EUR/USD traded from its lows at $1.4463 up to its highs at $1.4550. The euro stepped back from the maximums after statistics that showed the slowdown in inflation in some parts of Germany. US Dollar The US dollar is finishing the current month with the maximal growth since May: in August, the dollar rose 1.2% against a basket of currencies and returned to the status of “safe-haven” currency. Today the greenback lost its positions against high-yielding currencies (Euro, Pound, Australian and New Zealand dollars), but strengthened against other currencies with the same “safe-haven” status (the Yen and the Franc). Australian Dollar The Australian dollar rose against the major currencies on the backdrop of the increasing demand for high-yielding currencies as well as in connection with the expectations of tomorrow's data on building permits.

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