Currency News

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TorFX market updates provide analysis of various exchange rates in order to keep our clients up-to-date with the latest currency news.

By keeping our clients informed, we can enable them to take full advantage of the foreign exchange rate trends, helping them to achieve the maximun return when they decide to trade their chosen currency.

Daily Insight: Sterling Close to 2-Month Low Vs. US Dollar

Posted by on September 1st, 2015.


Headlines
UK GDP confirmed at 0.7% – BoE Gov Carney talks up Q1 2016 rate hike prospects.
GBP/EUR remains softer – Despite talk of further ECB easing.
Read more


GBP USD: ‘Cable’ Plunges From 50-Day High to 80-Day Low

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / USD Update
The Pound to US Dollar exchange rate swung from a 50-day high to an 80-day low last week as markets ... Read more


GBP EUR: Pound Slides to Multi-month Low Vs. Euro

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / EUR Update
The Pound to Euro exchange rate sunk to its lowest level in almost four months last week as fears of ... Read more


Daily Insight: Sterling Close to 2-Month Low Vs. US Dollar

Posted by on September 1st, 2015.


Headlines
UK GDP confirmed at 0.7% – BoE Gov Carney talks up Q1 2016 rate hike prospects.
GBP/EUR remains softer – Despite talk of further ECB easing.
Read more


Commodities Climb on Chinese Intervention, UK GDP to Impact Pound

Posted by on August 28th, 2015.


Headlines
• GBP/EUR Back to 1.36 Despite Confidence Gain – UK GDP on Tap
• ‘Cable’ Drops – US Dollar Broadly Stronger on Revised Growth
... Read more


Sterling Suffers As Downturn In China Weighs On BoE Rate Hike Bets

Posted by on August 27th, 2015.


Headlines
• China loosens monetary policy – Curbs market chaos, stocks rebound.
• GBP/EUR rises initially – But slips back during the evening.
• GBP/USD ... Read more


GBP AUD: Sterling Exchange Rate Rises as Market Conditions Stabilise

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / AUD Update
The past week has seen the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate experience wild fluctuations following the global ... Read more


GBP ZAR: Rand Close to Historic Lows on Interest Rate Speculation

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / ZAR Update
‘Black Monday’ saw emerging-market and commodity-driven currencies plummet, with the South African Rand dropping to its lowest recorded levels against ... Read more


GBP NZD: Pound to ‘Kiwi’ Exchange Rate Trending Cautiously Ahead of Dairy Auction

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / NZD Update

As global stock markets began to recover from the effects of last week’s Black Monday the ‘Kiwi’ benefitted strongly ... Read more


GBP CAD: Canadian Dollar Forecast to Decline on Crude Oil Futures

Posted by on September 1st, 2015.


Foreign Currency Market Update – GBP / CAD Update
The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate was trending within the range of 2.0140 to 2.0944 during Tuesday’s ... Read more


Australia Dollar to US Dollar Recovers from Black Monday Slump on Fed Bets

Posted by on August 25th, 2015.


The past week has seen the Australian Dollar to US Dollar (AUD/USD) exchange rate fall steadily from a high of 0.7386 down to a low of 0.7097 and current ... Read more