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Sterling Suffers Losses on Brexit Fears, GBP/AUD in Tight Range

Posted by on Aug 24, 2017 in Economy, Finance | 0 comments

The British pound has been experiencing a terrible month which only worsened on Wednesday as sterling softened further against its...

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GBP, EUR, USD, AUD Exchange Rate Forecast – Could AUD Remain Supported?

Posted by on Aug 21, 2017 in Economy, Finance | 0 comments

Last week The pound began last week on the back foot as inflation held steady at 2.6%, missing expectations of a slight rise to 2.7%. This...

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Pound Drops versus Euro (GBP/EUR) and Aussie (GBP/AUD) as UK Inflation Surprises

Posted by on Aug 15, 2017 in Economy, Finance | 0 comments

The pound fell against a host of currency majors including the euro (GBP/EUR) and the Australian dollar (GBP/AUD) on Tuesday following...

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Markets Eye North Korea Tensions – Is GBP/EUR Heading for Parity?

Posted by on Aug 14, 2017 in Economy, Finance | 0 comments

Last week markets watched sterling drop below 1.1000 against the euro (GBP/EUR) marking a 10-month low. The pound may shift lower still if...

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GBP/EUR Drops to Seven-Year Low and Euro Rallies, AUD/GBP Higher

Posted by on Aug 12, 2017 in Economy, Finance | 0 comments

As the euro jumped against the dollar, it was given some further buoyancy to climb against sterling. Britain’s trade balance data...

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Aussie (AUD) Weakens on US Data, European and US Inflation Figures Ahead

Posted by on Aug 7, 2017 in Economy, Finance | 0 comments

Last Week Last week was manic for the pound and markets watched as the British currency eventually gave up gains to the majority of its...

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Pound Dives Versus Aussie Dollar (GBP/AUD) as BoE Keeps Rates on Hold

Posted by on Aug 4, 2017 in Economy, Finance | 0 comments

The pound took a dive in Thursday’s European session allowing other currency majors to gain against it after the Bank of...

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Will the Bank of England (BoE) Increase Interest Rates?

Posted by on Aug 1, 2017 in Economy, Finance | 0 comments

UK Data last week Gross domestic product (GDP): 0.3% Confederation of British Industry (CBI) industrial trends survey: 11 Gfk consumer...

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GBP, AUD, EUR, USD Exchange Rate Forecast

Posted by on Jul 25, 2017 in Economy, Finance | 0 comments

Last week Sterling fell 2.72% against the euro to a low of 1.1120. Inflation data disappointed softening to 2.6% from the previous reading...

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Markets Ignore Dovish Draghi – EUR Rises versus AUD, GBP, USD

Posted by on Jul 22, 2017 in Economy, Finance | 0 comments

The pound was trading at eight-month lows versus the euro (GBP/EUR) towards the close of the week as investors got excited about the...

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Currency Exchange Rate Forecast: GBP, EUR, USD, AUD, CAD

Posted by on Jul 17, 2017 in Economy, Finance | 0 comments

– On Tuesday, sterling plummeted across the board following dovish comments from the Bank of England’s (BoE’s) Deputy...

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Sterling Drops as BoE’s Broadbent Fails to Offer Clues on Interest Rates

Posted by on Jul 12, 2017 in Economy, Finance | 0 comments

Sterling softened against the Australian dollar (GBP/AUD), euro (GBP/EUR), and US dollar (GBP/USD) in Tuesday’s European session...

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Currency News: Will UK Wage Growth Disappoint?

Posted by on Jul 11, 2017 in Economy, Finance | 0 comments

Last week saw little movement in the pound, being range-bound between 1.13 and 1.14. However, Friday produced a poor manufacturing...

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AUD/USD Set to Fluctuate on US Non-Farm Payrolls

Posted by on Jul 7, 2017 in Economy, Finance | 0 comments

The US is set to release its highly influential non-farm payrolls and unemployment rate figures today which could cause some significant...

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Reserve Bank of Australia Rate Decision Ahead – AUD, GBP, EUR, NZD Currency Forecast

Posted by on Jul 2, 2017 in Economy, Finance | 0 comments

The Aussie dollar could be in for some movement on Monday with the release of the Australian AiG performance of manufacturing index, TD...

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EUR/AUD Jumps as ECB’s Draghi Discusses Eurozone Recovery

Posted by on Jun 27, 2017 in Economy, Finance | 0 comments

The euro made substantial gains against the Australian dollar during Tuesday’s European session following European Central Bank...

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Weekly Currency Review: GBP, USD, EUR, CAD, AUD, NZD

Posted by on Jun 26, 2017 in Economy, Finance | 0 comments

Last Monday saw the formal Brexit negotiations begin between the UK and EU. Whilst the EU appears to have a clear position in talks, the...

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Pound Climbs on Andy Haldane’s Rate Hike Comments

Posted by on Jun 22, 2017 in Australia, Economy, Finance | 0 comments

In a surprise move for markets this week, the pound enjoyed a rally following comments from Bank of England (BoE) Chief Economist Andy...

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GBP, AUD, NZD, EUR, USD Weekly Currency Review

Posted by on Jun 19, 2017 in Economy, Finance | 0 comments

Last week, the pound began under pressure following Theresa May’s failure to win a majority vote at the UK general election. With...

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GBP Jumps on Bank of England (BoE) Surprise

Posted by on Jun 16, 2017 in Economy, Finance | 0 comments

Markets were taken by surprise on Thursday causing the pound sterling (GBP) exchange rate to jump against other currency majors. Investors...

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