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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 Update: Sterling Depreciates as BoE Rate Hike Bets Pushed Back to 2020

Posted by on February 12th, 2016.

Sterling tumbled against all of its major currency peers yesterday as exacerbated market wide routs led investors to push their Bank of England rate hike bets well into ... Read more

AUD/USD Softens on Fears of Imminent Fed Rate Hike

Posted by on February 11th, 2016.

Stock Market Rout Weighs on Commodity-Correlated ‘Aussie’
Any hopes for global stock markets to recover some of January’s severe losses while the Shanghai Composite Index was closed in observance ... Read more

GBP/NOK Down Despite Oil Fluctuations

Posted by on February 11th, 2016.

The Pound Sterling to Norwegian Krone (GBP/NOK) exchange rate has declined progressively this week, with the initial high of 12.4598 seen on Monday giving way to today’s low of ... Read more

Daily Update: US Dollar Rallies on Fed Statement

Posted by on February 11th, 2016.

Despite a downbeat set of factory output numbers, the Pound managed to avoid any steep losses versus the majors yesterday.
The Office for National Statistics announced that industrial ... Read more

Oil Prices Provoke INR Volatility this Week

Posted by on February 10th, 2016.

Over the past seven days the Pound Sterling to Indian Rupee (GBP/INR) exchange rate was trending within the range of 97.7470 to 99.3389.
Since the Bank of England (BoE) ... Read more

EUR/ZAR Slumps as Odds of Imminent ECB Easing Mount

Posted by on February 10th, 2016.

Risk aversion has been dominating markets since the start of the week, dashing hopes that global stock markets would have an opportunity to rally in the absence of more ... Read more

Business FX Bulletin: ‘Brexit’ Concerns Drive GBP/EUR to 13-Month Low

Posted by on February 10th, 2016.

GBP/EUR – Pound Edges Higher after ‘Brexit’ Losses
After slumping to a 13-month low earlier in the week, the GBP/EUR exchange rate rallied by around 0.9% on Wednesday even ... Read more

Pound to Euro Exchange Rate Hits 13-Month Low

Posted by on February 10th, 2016.

Sentiment towards Sterling remained fairly weak yesterday as investors reacted to the customarily concerning trade balance report.
Net trade as been the thorn in the UK economy’s crown ... Read more

Investors Flock to the Safe-Haven Yen

Posted by on February 9th, 2016.

The past week has seen the Pound Sterling to Japanese Yen (GBP/JPY) exchange rate decline at a steady pace, with the initial high of 174.8454 gradually giving way to ... Read more

Canadian Dollar Bullish after Housing Data

Posted by on February 9th, 2016.

GBP/CAD trading has been particularly volatile since the start of February as markets have struggled to shake off the bearishness that has plagued sentiment since the turn of ... Read more