GBP NZD Forecast: Will New Government’s Brexit Goals Send Pound Tumbling?
The Pound has dropped by -0.3% against the New Zealand Dollar today, which puts the pairing near its worst exchange rate since mid-April. The future could bring high turbulence for both currencies,...
View ArticleGBP USD Forecast: Pound to Remain Volatile on Election Uncertainty?
The Pound US Dollar (GBP USD) exchange rate continued to fluctuate this morning as markets remain skittish ahead of the UK election tomorrow. Pound (GBP) Volatile on Eve of UK General Election Sterling...
View ArticleSterling Climbs Before Thursday’s Election
Sterling Climbs Before Thursday’s election The sheer number of mixed election polls saw the Pound stumble yesterday, with some predictions giving the Conservative leader Theresa May an 11-point lead...
View ArticleLingering Effects of Cyclone Debbie Helps GBP AUD to Rise on UK Election Day
The Pound to Australian Dollar has slumped this week, but as Australia’s trade data took a hit from damages caused by Cyclone Debbie earlier in the year the pair has recovered from its worst levels....
View ArticleWill a Hung Parliament Pay Off for Long-term Pound to US Dollar Demand?
The Pound has traded tightly against the US Dollar today as the nation goes to the polls. Looking ahead, there could be a chance for major GBP USD gains, once the dust has settled. Could a UK Election...
View ArticlePound Forecast: Will GE2017 Leave Pound Exchange Rates Weaker?
In the run-up to the snap general election the Pound has come under pressure, particularly as opinion polls indicated a narrowing of the Conservative lead over the course of the campaign. Since Theresa...
View ArticlePound Euro Exchange Rate Holds Above Opening on Possibility of Tory/DUP Alliance
Update: The Pound has recovered above the day’s opening levels as the session draws to an end, although that is not taking into account the near -2% fall recorded overnight. News that Northern...
View ArticleGBP USD Inches Back up on Hope Theresa May Can Still Form Government
Update: The DUP may have thrown the Conservative Party a lifeline today, offering to informally back them in Parliament to give Theresa May just enough seats to secure a majority. Talks between the two...
View ArticleHung Parliament Surprises Markets and Drives Pound Euro Exchange Rate Sharply...
Confidence in the Pound weakened substantially overnight as the results of the UK general election caught markets off-guard. As investors had been strongly confident in the likelihood of an increased...
View ArticleTrump Safe and UK Parliament Hung? GBP USD Could Keep Falling
A few weeks ago today’s headlines would have seemed almost impossible. The GBP USD exchange rate even managed to recover quickly after YouGov’s new polling model predicted a hung parliament. Even on...
View ArticleHere’s Why a Weaker UK Government Means Lower Pound to Australian Dollar...
Thursday’s UK general election didn’t go as most investors and betters were expecting, ending with a ‘hung parliament’. This essentially means whichever party takes power will be weaker than a majority...
View ArticlePound to New Zealand Dollar Forecast: Steady Gains Coming on ‘Soft Brexit’...
The Pound has been thrown into turmoil against the New Zealand Dollar following a hung parliament outcome to the UK general election. This situation could be resolved in the near-term, while the Pound...
View ArticleHow Long Can She Last? Theresa May Leadership Concerns Limit Pound Euro Strength
The Pound to Euro exchange rate slumped last week. After initially rising on UK general election hopes, the election result knocked the pair back down. After hitting its lowest level since November...
View ArticleFurther Pound Australian Dollar Exchange Rate Losses Likely if BoE Dovishness...
After the sharp drop prompted by the results of the UK general election the Pound remained on a generally bearish footing against rivals. Even though Theresa May has made her intention to remain as...
View ArticleThreat of UK Credit Rating Downgrade Sends GBP USD Back to Post-Election Low
The Pound US Dollar exchange rate is within a couple of pips away from returning to its Thursday night low of 1.2655 today as fears mount that the UK’s credit rating could be cut. Moody’s had...
View ArticleSterling (GBP) Exchange Rates Fluctuate Amidst GE2017 Turmoil
Sterling Fluctuates – Businesses Lose Confidence Last week the Pound (GBP) suffered its most significant one-day drop for eight months as election turmoil rocked the currency. Theresa May losing her...
View ArticlePound to Euro Forecast: Will GBP Rise on New Push for Soft Brexit?
The Pound to Euro exchange rate has been volatile ever since the general election finished, but a GBP EUR advance may be incoming on Brexit news. Following the election, the GBP EUR exchange rate fell...
View ArticleHere’s How Oil Developments Have Impacted US Dollar Canadian Dollar Exchange...
The US Dollar Canadian Dollar exchange rate plunged on Monday evening as the latest oil news surprised investors and left the commodity, as well as the oil-correlated Canadian Dollar, in high demand...
View ArticleDaily Update – Political Uncertainty Sends Sterling Lower – Inflation Leaps...
Political Uncertainty Drives Sterling down Yesterday saw the Pound continue to lose significant ground against most of the majors as election hysteria and uncertainty continued to grip the currency...
View ArticleWhy Poor UK Wage Growth Data Hurts the 2017 Pound Euro Outlook
The 2017 Pound Euro exchange rate outlook worsened on Wednesday as the latest UK employment results increased concerns about Britain’s economic outlook. This as well as recent political uncertainty has...
View Article