GBP AUD Exchange Rate Predicted to Slide on Rising UK Wage Squeeze
The Pound has traded poorly against the Australian Dollar recently, dropping by -0.7%. This has been caused by a widening of the difference between UK incomes and the rate of inflation. Pound...
View ArticleCurrency News: Sterling’s (GBP) Gains Short Lived
Pound Sterling (GBP) Reverses Earlier Gains Sterling had quite a positive day yesterday due to traders reacting to the UK CPI data and further speculation of a softer Brexit. The UK CPI release...
View ArticleHow Federal Reserve Rate Hike Has Effected Pound US Dollar Outlook
The Pound US Dollar exchange rate briefly hit its best levels since last week on Wednesday, as markets became concerned that slower inflation in the US would lead to the Federal Reserve downgrading its...
View ArticleUS Dollar Up on Fed Rate Decision, Pound Exchange Rates Weaker before BoE...
GBP Falls as UK Real Wage Growth Drops to 3-Year Low The Pound lost its gains against most of the majors yesterday following a negative UK labour market release. The average weekly earnings index...
View ArticleEuro US Dollar Exchange Rate Relieved as Greece Avoids Crisis Once Again
The Euro US Dollar exchange rate tumbled to 1.1134, its worst levels since May, on Thursday as investors reacted to this week’s Federal Reserve news. The EUR USD outlook remains strong however and the...
View ArticleHere Are All the Things the Pound Has to Deal With At the Moment
Political concerns have returned to weigh on the Pound today and are likely to continue to do so in the short-term. GBP EUR has fallen -0.2% to 1.1425, while GBP USD is managing to hold 0.1% above...
View ArticleBoE Surprise Pushes GBP to EUR, USD, AUD and NZD Exchange Rates Higher
Pound Sterling (GBP) Leaps on Back of Surprise Bank of England Vote Split The Bank of England (BoE) created shockwaves yesterday when it revealed that the vote to leave interest rates on hold came in...
View ArticleGBP Fluctuates against NZD on Mixed News
The Pound has seen a lot of fluctuation this week against the New Zealand Dollar, the most significant catalyst of which being last week’s UK General Election. This resulted in the loss of a...
View ArticleRecord Low French Voter Turnout Shores up Pound Euro Exchange Rate
Demand for the Euro strengthened sharply at the beginning of the week, responding to the confirmation that President Emmanuel Macron’s La République en Marche secured a parliamentary majority. This...
View ArticlePound to Australian Dollar Forecast: Will Brexit Talks bring Continued Gains...
The Pound has recently risen by 0.5% against the Australian Dollar, following the official start of Brexit talks. Almost a year after the UK voted to leave the EU, the fact that talks have begun has...
View ArticleHow has Bank of England Governor Carney Damaged the Pound Euro Outlook?
Despite a lack of demand for the Euro this week, the Pound Euro exchange rate tumbled on Tuesday in reaction to the latest statements from Bank of England (BoE) Governor Mark Carney. GBP EUR had shed...
View ArticleDaily Update: GBP Drops Following Dovish Bank of England Announcement
Sterling Hits One-Week Low Following Bank of England Announcement Sterling dipped suddenly this morning against all of the majors following the announcement speech by the Governor of the Bank of...
View ArticlePound to Rand Forecast: New BoE Member may Trigger GBP ZAR Drop
The GBP ZAR exchange rate has declined on Tuesday’s afternoon session, with the Pound losing grip of its earlier advantage in the pairing. Sterling has dropped to 16.4951 against the Rand, potentially...
View ArticleDovish BoE Keeps GBP NZD Exchange Rate Under Pressure Ahead of RBNZ Meeting
Comments from Bank of England (BoE) Governor Mark Carney prompted the Pound to slump sharply, with the odds of a return to tighter monetary policy weakening. Unsurprisingly, Carney maintained a more...
View ArticlePound Australian Dollar Outlook Lower as Bank of England Bets Drop
The Pound Australian Dollar exchange rate has dropped this week following dovish comments from Bank of England (BoE) Governor Mark Carney. Demand for the Australian Dollar has been relatively sturdy,...
View ArticlePound to Euro Forecast: Will Conservative-DUP Divisions Trigger Sterling Slump?
The Pound has dipped against the Euro today, falling to an exchange rate of 1.1314. This decline comes at a time when the Conservatives have still not reached an agreement with the Democratic Unionist...
View ArticleDaily Update: Pound Continues Slump Following Dovish BoE Announcement
UK Budget Deficit Falls in May, Traders Await Queen’s Speech Sterling continued its downward trend this morning following yesterday’s dovish Bank of England (BoE) announcement. BoE Governor Mark Carney...
View ArticleCan Pound US Dollar Exchange Rate Extend Gains on Increasing BoE Hawkishness?
The Pound rallied strongly in the wake of comments from Bank of England (BoE) chief economist Andy Haldane, who proved unexpected hawkish in tone. As Haldane is generally considered the most dovish...
View ArticleEuro Pound Outlook Cloudy as Bank of England Rift Deepens
The Euro Pound exchange rate dipped on Wednesday as the latest comments from Bank of England (BoE) officials boosted Pound demand. However, the Pound’s strength has been limited as investors are...
View ArticleRBNZ Rate Hold Keeps Pound New Zealand Dollar Exchange Rate Under Pressure
As the Reserve Bank of New Zealand (RBNZ) left interest rates on hold the Pound New Zealand Dollar exchange rate came under renewed pressure. Investors were not surprised that the central bank...
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