Pound Could See Long-Term Gains against Norwegian Krone if Oil Fails to Improve
The Pound to Norwegian Krone exchange rate was bolstered by UK data throughout the week, while the Krone was held back by underwhelming data from oil markets despite a better-than-expected Norwegian...
View ArticleBrexit Forecast: Will Pound to Euro Exchange Rate Suffer on “£50bn Divorce...
The Pound has dropped by -0.4% against the Euro today, representing a slide from the week’s best GBP EUR exchange rate. The Pound could extend these current losses in the future, if it looks like...
View ArticleCould Dovish BOC Comments Prompt Pound Canadian Dollar Exchange Rate Rally?
Strong UK inflation and retail sales data failed to keep the Pound on a bullish trend ahead of the weekend. Markets had speculated that higher-than-expected inflationary pressure could encourage the...
View ArticleEUR GBP Recovers from Three-Week Lows as Eurozone PMIs Impress
The EUR GBP exchange rate rallied from a three-week low on Friday as businesses in the Eurozone fared better than expected in March. IHS Markit reported that both the Manufacturing and Service PMIs saw...
View ArticleCould Trump Disappointment Lead to Best Pound US Dollar Exchange Rate of 2017?
The Pound to US Dollar exchange rate jumped from 1.24 to 1.25 when markets opened this week, as investors reacted to Friday night’s news that US President Donald Trump had failed to find enough support...
View ArticleWill Pound Euro Exchange Rate Come Under Pressure from More Hawkish ECB Outlook?
Demand for the Pound tentatively picked up as investors await the activation of Article 50 and the formal start to the Brexit process. Although there are worries over the outcome of the two-year...
View ArticleUptick in GBP NZD as Pound Strengthened by Trump’s Healthcare Defeat
The Pound New Zealand Dollar (GBP NZD) exchange rate jumped by almost a cent this morning as markets flocked from the US Dollar (USD) to Sterling after Trump’s healthcare bill failed to pick up the...
View ArticleWill Pound Slide against Australian Dollar on Early Brexit Talks?
The Pound has risen by 0.5% against the Australian Dollar today, but the GBP/AUD exchange rate could slip in the near-term if Brexit talks get off to a shaky start. Theresa May is due to trigger...
View ArticleWill Euro Pound Exchange Rate Uncertainty Worsen During Brexit Process?
The Euro to Pound exchange rate has slipped this week despite the UK government’s intention to finally begin the formal Brexit process on Wednesday the 29th of March. EUR GBP continues trending in the...
View ArticleCould Pound US Dollar Exchange Rate Extend Downtrend After Article 50 Trigger?
As the formal start to the Brexit process fast approached the Pound came under renewed pressure across the board. While markets remain hopeful that politicians on both sides of the Channel will adopt a...
View ArticleWhat will Happen to the Pound Euro Exchange Rate as Brexit Progresses?
The Pound Euro exchange rate was highly volatile on Wednesday after the UK government activated Article 50 and formally begun the Brexit process. Weakness in the Euro allowed GBP EUR to remain above...
View ArticleWill Pound Australian Dollar Exchange Rate Maintain Uptrend as Brexit Process...
Demand for the Pound remained volatile as the formal process of Brexit got underway, with a sense of uncertainty set to prevail. Even so, the Pound Australian Dollar exchange rate began to recover some...
View ArticleUS Dollar to Pound Forecast: Will Trump’s Job Creation Gamble Pay Off?
The US Dollar has been tight against the Pound on ‘Brexit Day’, but could rally if Donald Trump’s job-creation promises are ultimately fulfilled. Trump has recently made headlines by attempting to...
View ArticleEUR GBP Plummets as Start of Brexit Rocks Markets
The EUR GBP exchange rate plummeted from the two-week high it struck overnight as the official start to Brexit caused chaos for investors today. The Pound plummeted yesterday evening as Prime Minister...
View ArticleGBP EUR Strikes Three Week High as German Inflation Disappoints
The Pound stuck a new three-week high against the Euro this afternoon as Germany’s CPI fell short of expectations, with inflation plummeting from 2.2% to 1.6% in March following the drop in oil prices...
View ArticleBrexit Negotiations Could Cause GBP/INR Weakness
The Pound to Indian Rupee exchange rate has slumped this week. An increase in demand for riskier currencies since Tuesday has benefitted emerging market currencies like the Indian Rupee while...
View ArticleWill Early Brexit Talks Batter Pound Australian Dollar Rate?
Since the triggering of Article 50, the Pound has been highly volatile against the Australian Dollar, with a high of 1.65 giving way to a low of 1.62. The high-impact and almost inescapable UK news has...
View ArticleCould Rising US Inflation Extend US Dollar Pound Exchange Rate Gains?
In spite of the Trump administration losing some of its credibility when it failed to push through its healthcare bill the mood towards the US Dollar soon picked back up. Even though the abilities of...
View ArticleWhat Impact could Next Week’s RBA Decision have on AUD GBP Exchange Rate...
The Australian Dollar to Pound exchange rate slipped further from its weekly highs on Friday afternoon as the Pound gained momentum before European markets closed for the week. As a result of its...
View ArticlePound to New Zealand Dollar Forecast: Will GBP Crash as Brexit Talks Begin?
The Pound managed to weather the recent Article 50 trigger, opening weekly trading against the New Zealand Dollar at 1.77 and closing at 1.78. Despite this resilience, however the Pound may be hit by a...
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