Warning from Hollande Prompts Fall in Pound Australian Dollar Exchange Rate
The Pound Australian Dollar (GBP AUD) exchange rate tumbled by around a cent this morning following a warning from French President François Hollande that the UK will no longer have access to any EU...
View ArticleWill Spring Budget Trigger Pound US Dollar Rally?
The Pound has fallen by -0.2% against the US Dollar today but may be able to recoup losses in the future, depending on how the incoming Spring Budget turns out. As the only budget event of 2017...
View ArticlePound South African Rand Long-Term Forecast: Could UK Government Force Hard...
The Pound South African Rand exchange rate has slumped this week, hitting its worst levels since the end of 2013 as UK growth forecasts continue being weighed down by Brexit concerns and signs of...
View ArticleWill Pound New Zealand Dollar Rise? House of Lords to Seek Brexit Bill Amendment
The Pound New Zealand Dollar (GBP NZD) exchange rate is currently holding steady ahead of a possible vote by the House of Lords to amend the government’s Article 50 legislation. Peers are reportedly...
View ArticleWill Article 50 Trigger see Pound to Euro Exchange Rate Crash?
The Pound has dropped by -0.2% against the Euro today and could fare worse in the future, depending on how markets react when Prime Minister Theresa May triggers Article 50. The run-up to the Article...
View ArticleFriday’s US Non-Farm Payroll Figures Could Impact Long-Term US Dollar CAD...
The US Dollar to Canadian Dollar exchange rate edged up this week and as of Wednesday is trending in the region of 1.34. With a little more optimism in US Dollar trade, USD CAD could extend its recent...
View ArticlePound to Ignore Friday Data as Article 50 Trigger Deadline Approaches?
Friday’s incoming data slew is likely to be the last UK data to influence the Pound before focus switches to political developments next week. The final session before the weekend sees the release of...
View ArticleHow will GBP INR Exchange Rate Perform ahead of Article 50 Trigger?
The Pound dipped against the Indian Rupee in the wake of the Spring Budget and could fall further in the near-term, given how uncertain markets are about upcoming Brexit negotiations. While...
View ArticlePound Canadian Dollar Exchange Rate Benefits from Oil Price Weakness
Despite coming under pressure in the wake of an uninspiring Spring Budget the Pound to Canadian Dollar exchange rate nevertheless made some modest gains on Thursday morning. Investors were disappointed...
View ArticleEUR GBP Rises on Slightly Hawkish Outlook from ECB
The EUR GBP exchange rate soared to a new six-week high on Thursday following the latest European Central Bank (ECB) policy meeting. The Bank, unsurprisingly did not vote to alter its ultra-loose...
View ArticleWill Brexit Negotiations see Pound to Australian Dollar Exchange Rate Slide?
With the Article 50 trigger now imminent, the Pound has fallen slightly against the Australian Dollar due to trader uncertainties. After this momentous event occurs and the Pound presumably plummets,...
View ArticleLong-Term Pound to US Dollar Exchange Rate Depends on Next Week’s Fed Decision
March’s highly anticipated Federal Reserve policy meeting is under a week away and excitement for a possible US interest rate hike has kept the Pound to US Dollar exchange rate low. GBP USD has plunged...
View ArticleProduction Shrinks, GBP/NZD Falls – Are Further Pound Losses Ahead?
The Pound New Zealand Dollar (GBP NZD) exchange rate softened this morning following the release of some downbeat production data from the UK. Data compiled by the Office for National Statistics (ONS)...
View ArticleUS Dollar’s Long-Term Gains Against Pound Depend on Pace of Fed Rate Hikes
The US Dollar to Pound exchange rate strengthened last week, but its gains softened towards the end of the week despite weakness in the Pound as the pair neared significant psychological resistance...
View ArticleWill Brexit Negotiations Trigger Pound to Canadian Dollar Losses?
The UK is on the brink of officially starting Brexit proper; once this process begins, the Pound may be in for two years of turbulence against the Canadian Dollar, depending on how negotiations with...
View ArticleCan Pound to Euro Exchange Rate Hold Gains Amid Fresh Brexit Uncertainty?
Nicola Sturgeon’s announcement that she will seek a second referendum on Scottish independence did not particularly faze markets, with the Pound to Euro exchange rate continuing to trend bullishly....
View ArticleAre Greater Pound to Australian Dollar Losses Incoming on Official Brexit...
The Pound has fallen by -0.4% against the Australian Dollar today on Brexit fears and could decline further still when the Brexit process begins in earnest later this month. While the Article 50 bill...
View ArticlePound Tumbles on Brexit Concerns, Turkish Lira Hurt by Erdogan Remarks
The Pound Turkish Lira (GBP TRY) exchange rate tumbled this morning as investors reacted poorly to Parliament’s vote to allow the government to trigger Article 50, paving the way for Prime Minister...
View ArticleWill Pound US Dollar See Long-Term Losses if Federal Reserve Rate Hikes...
The Pound has performed decently against the US Dollar thus far this week. However, this is largely because US Dollar investors already consider a March Federal Reserve interest rate hike to be a...
View ArticleGBP EUR Forecast: Heavy Pound Losses Expected if Brexit Drives Away UK...
The Pound has made minor gains against the Euro today but the GBP EUR exchange rate could fall considerably by the end of the month depending on how businesses react to the start of Brexit. While...
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