GBP AUD Exchange Rate Down on Poor UK Wage Growth & Brexit Concerns
The Pound Australian Dollar (GBP AUD) exchange rate’s attempts to mount a recovery were scuppered this morning as UK wage growth continued slowing. Data released by the Office for National Statistics...
View ArticleCould Less Hawkish BoE Keep GBP USD Exchange Rate Under Pressure?
Ahead of the Bank of England’s (BoE) March policy meeting the Pound US Dollar exchange rate trended in a narrow range. The appeal of Sterling was limited thanks to the expectation that policymakers...
View ArticleDutch Election Result Prompts Decline in GBP EUR, Will BoE Rate Decision...
The GBP EUR exchange rate slumped overnight on Wednesday as markets were pleased by the outcome of the Dutch elections. Geert Wilders’ far-right Freedom Party was thoroughly trumped by Prime Minister...
View ArticleWill GBP NZD Exchange Rate Rise Long-Term if NZ Growth Keeps Slowing?
Despite poor New Zealand growth stats this week, the Pound New Zealand Dollar exchange rate struggled to recover from lows on Thursday morning. GBP NZD trended close to the level of 1.75. The main...
View ArticleWill Pound to Euro Gains Persist Once Brexit Negotiations Begin?
The Pound rallied by an unexpected 0.6% against the Euro today, but Sterling’s gains may be based on borrowed time as the Article 50 trigger approaches. For context, Sterling recently weakened when the...
View ArticleWill the Euro US Dollar Exchange Rate Gain if Populism Fears Wane?
Last week saw The Netherlands hold its 2017 general election, and the result was enough to help boost the Euro to US Dollar exchange rate to its best levels in over a month – 1.07. Euro traders had...
View ArticleGBP/AUD Forecast: Can Pound Exchange Rates Hold Gains?
The Pound has remained close to weekly highs against the Australian Dollar today after GBP/AUD surged following a surprise Bank of England (BoE) development. Against forecasts of another unanimous vote...
View ArticlePound to Euro Forecast: Will Rising Inflation Spur Central Banks into Action?
The Pound rallied against the Euro last week, starting at 1.13 on Monday before closing at a superior 1.15 on Friday. These gains mainly came from a late-week Bank of England (BoE) interest rate...
View ArticleGBP AUD Exchange Rate Recovers from Five-Month, But Will Brexit Jitters Send...
The Pound Australian Dollar (GBP AUD) exchange rate recovered from a five-month low late last week following a turbulent week of political and economic news. The rally follows the Bank of England’s...
View ArticleLong-Term Pound New Zealand Dollar Exchange Rate Forecast Central Bank Dependent
Last week saw the Pound to New Zealand Dollar exchange rate defy an increase in risk-sentiment and advance from 1.75 to 1.76. This was largely due to the week’s unexpected Bank of England (BoE) news,...
View ArticleWill the Impact of Brexit on Parliamentary Activity Trigger Pound Rand...
The Pound edged slightly lower against the Rand today owing to continued Rand appreciation following the fallout of last week’s Federal Reserve interest rate. The future may see an extension of losses...
View ArticleCould Pound US Dollar Exchange Rate Rally on UK Inflation Data?
Ahead of the latest UK inflation figures the Pound (GBP) has struggled to find any particular support against rivals. Forecasts point towards a further increase in domestic inflationary pressure, which...
View ArticleWill GBP AUD Exchange Rate Crash when Brexit is Triggered?
The Pound (GBP) has risen considerably by 0.7% against the Australian Dollar (AUD) today but may shed gains in the near future depending on how key businesses react to the official trigger of Brexit...
View ArticlePound Euro Exchange Rate Boosted by Sharp Increase in UK Inflation
Demand for the Pound (GBP) surged after February’s UK consumer price index report surprised to the upside. Investors had anticipated a solid uptick of 2.1% on the year, leading to increased bullishness...
View ArticleGBP USD Exchange Rate Rockets as Inflation Soars – Will Brexit Bring it...
The GBP USD exchange rate skyrocketed this morning as UK inflation surged at a faster pace than expected. Data compiled by the Office for National Statistics (ONS) reported that the inflation rate...
View ArticlePound Canadian Dollar Forecast Improves as BoE Tightening Bets Increase
This week has seen the Pound Canadian Dollar exchange rate surge to its best levels since early December 2016 thanks to some impressive UK inflation stats. GBP CAD has climbed from 1.65 to 1.66 this...
View ArticleCan Euro to US Dollar Exchange Rate Rally on Fading Confidence in Trump?
After the EUR USD exchange rate struck 1.08 earlier in the week the Euro has been trading tightly against the US Dollar. The pairing could extend its recent rally if it looks like traders are losing...
View ArticleEuro Pound Exchange Rate Forecast to Advance if UK Retail Slows Again in...
This week saw the publication of Britain’s February inflation and retail sales figures, both of which made Pound investors much more optimistic about Britain’s 2017 growth prospects. This has seen EUR...
View ArticleAre Pound to Indian Rupee Losses Incoming on UK Inflationary Pressures?
The Pound has risen by 0.4% against the Rupee today but may be in for a period of heavy losses if UK inflation continues to move in the opposite direction to wage growth. March 21st brought a...
View ArticleGBP USD Exchange Rate Rises as UK Retail Sales Surge in February
The Pound US Dollar (GBP USD) exchange rate strengthened on Thursday, reaching a new three-week high following better than expected Retail Sales in the UK. The Office for National Statistics (ONS)...
View Article