Pound US Dollar Outlook Tumbles as Bank of England (BoE) Declines Hiking Cycle
The Pound US Dollar exchange rate plunged on Thursday, shedding all of its gains since Monday as investors reacted to the Bank of England’s (BoE) dovish interest rate hike. GBP USD opened the week at...
View ArticleBank of England Rate Hike Fails to Support Pound Australian Dollar Exchange Rate
Even though the Bank of England (BoE) opted to raise interest rates to 0.5% at its November meeting this failed to shore up the Pound Australian Dollar exchange rate. This was due to the predominantly...
View ArticleRising Eurozone Inflation could Pressurise ECB and Boost EUR/GBP Exchange Rate
Due to recent uncertainties in the UK, the Euro has made a significant advance against the weakened Pound. If these gains are to be lasting, Euro traders might start to rely on inflation reports for...
View ArticleWhat can We Expect for GBP NZD from New Zealand’s New Coalition Government?
The Pound New Zealand Dollar (GBP NZD) exchange rate has remained predominantly in the Pound’s favour in recent weeks, with market apprehensions regarding New Zealand’s new coalition leadership...
View ArticleDisappointing US Wage Growth Fails to Keep US Dollar Euro Exchange Rate Down
As October’s headline non-farm payrolls figure failed to rebound as far as forecast this left US Dollar exchange rates on a generally softer footing ahead of the weekend. Even though the unemployment...
View ArticlePound Euro Exchange Rate Vulnerable to Downside in Data-Light Week
In the wake of a trio of better-than-expected October PMIs the mood towards the Pound has improved, benefitting from continued signs of resilience within the UK economy. As signs point towards the...
View ArticlePound Australian Dollar Exchange Rate Sturdies Ahead of RBA Decision
The Pound Australian Dollar exchange rate has fluctuated recently due to underwhelming Australian data as well as a dovish Bank of England (BoE) interest rate hike. The pair strengthened on Monday...
View ArticleBrexit Specifics could Influence Future GBP/CAD Exchange Rate
The Pound has seen a 0.3% rise against the Canadian Dollar today, owing to current optimism about the government’s Brexit-handling abilities. The Canadian Dollar has conversely declined due to trader...
View ArticleGBP USD Outlook Inhibited by Fed Rate Hike Prospects
The outlook for the Pound US Dollar (GBP USD) exchange rate remains predominantly in the ‘Greenback’s’ favour, with markets deeming the Federal Reserve to be the more likely candidate for a cycle of...
View ArticleEuro to Pound Advance may come from Plans for Eurozone Budget
The Euro has seen a minimal decline against the Pound today, but may see progressive gains further ahead on Eurozone budgetary news. The Pound’s gains may conversely fall away in the near-term,...
View ArticleGBP AUD Outlook Grows Increasingly Positive as RBA Remains Dovish
The near-term outlook for the Pound Australian Dollar grew increasingly positive today following the latest dovish Reserve Bank of Australia (RBA) rate decision and yesterday’s upbeat speech from UK...
View ArticleUS Dollar to Pound Could Advance Higher on Fed and US Economy Outlook
On Monday, the Pound saw stronger demand as investors reassessed recent news and focused on hopes for progress in UK-EU Brexit talks. The US Dollar took back some ground on Tuesday though, due to a...
View ArticleGBP THB Tumbles as UK Retail Sales Slow in October
The Pound Thai Baht (GBP THB) exchange rate dipped from a weekly high this morning as markets reacted to a report showing UK retail sales had slowed dramatically last month. Pound (GBP) Weakened by...
View ArticleGBP CAD Slips as US Bank’s Warn Operations May be Moved Outside of London
The Pound Canadian Dollar (GBP CAD) exchange rate slumped by around half a cent this morning as a number of US banks signal plans to shift jobs outside of London. Pound (GBP) Tumbles on US Bank Warning...
View ArticleGBP EUR Exchange Rate Outlook Darkens as Wall St Warns of Lack of Brexit...
The outlook for the Pound Euro (GBP EUR) exchange rate darkened today as markets reacted to news that Wall St is warning the point-of-no-return in Brexit negotiations is fast approaching. Wall St Warns...
View ArticlePound New Zealand Dollar Exchange Rate Tumbles on Fresh UK Political Concerns
After edging higher for most of the week so far, the Pound New Zealand Dollar exchange rate fell on Wednesday due to rising concerns about the strength of the UK Conservative Party. The ‘Kiwi’...
View ArticleUpbeat RBNZ Weighs on Pound New Zealand Dollar Exchange Rate
As the Reserve Bank of New Zealand (RBNZ) proved less dovish than anticipated at its November policy meeting the Pound New Zealand Dollar exchange rate remained under pressure. Markets were surprised...
View ArticleUS Dollar Canadian Dollar Exchange Rate Outlook Lower on US Tax Doubts
Updated 16:24 GMT 09/11/2017: Towards the end of Thursday’s European session, the US Dollar Canadian Dollar exchange rate trended near a multi-week-low of 1.2693. On top of uncertainty about US tax...
View ArticleEUR USD Outlook Dependent on Senate Tax Reform Proposal
The outlook for the EUR USD exchange rate continues to hinge on the success, or lack thereof, of the US tax reform proposal, with the Senate due to release its version of the plan sometime today. USD...
View ArticlePound US Dollar Outlook Higher as Concerns Set in On US Tax Reform
The Pound US Dollar exchange rate looks on track to sustain gains this week. Despite concerns about UK political news and the Brexit process, the US Dollar has been held back by growing concerns that...
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