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Pound Trends Lower against Danish Krone, Will Rising Inflation Place Pressure on UK Consumers?

Tuesday, May 16th, 2017

The Pound Danish Krone (GBP DKK) exchange rate tumbled today as the UK’s latest Consumer Price Index suggested that consumers are likely to come under increasing pressure over the coming year. The Pound continued sliding today following the release of the UK’s latest CPI figures. They showed that inflation surged from 2.3% to 2.7% in […]

Commodity Fears See AUD/USD Plummet to 5-Month Low

Friday, May 5th, 2017

The Australian Dollar US Dollar (AUD USD) exchange rate tumbled close to a five-month low this morning as markets fear that commodity markets will continue collapsing following a rout in oil prices. The Australian Dollar (AUD) continued to downtrend overnight on Thursday as the spot price for iron ore tumbled. Following a disastrous day for […]

GBP JPY at Four-Month High as Construction PMI Impresses

Wednesday, May 3rd, 2017

The Pound to Japanese Yen (GBP JPY) exchange rate pushed higher on Wednesday following a better than expected Construction PMI from the UK. GBP JPY currently sits at around 145.21 following the release of the construction data, up from around 144.57 from its worst levels overnight on Tuesday. The Pound advanced against the Japanese Yen […]

Euro to US Dollar Exchange Rate Volatility Prompted by US-China Talks

Thursday, April 6th, 2017

The Euro (EUR) fluctuated against the US Dollar (USD) during Thursday’s trading session as markets became increasingly skittish ahead of a meeting between US president Donald Trump and his Chinese counterpart Xi Jinping. The Euro US Dollar exchange rate experienced volatility as markets were spooked ahead of Trump’s first face-to-face meeting with Xi later today. While […]

Pound Trends Lower against Danish Krone Following Disappointing PMI data

Tuesday, April 4th, 2017

The Pound’s (GBP) attempts to rally against the Danish Krone (DKK) were short lived this morning as the UK’s Construction PMI fell further than expected last month. The Pound was weakened today following the release of the UK’s latest construction PMI, which dropped below expectations. According to data compiled by London based analytics company IHS […]

GBP INR Nosedives as Brexit Finally Begins

Wednesday, March 29th, 2017

The Pound to Indian Rupee (GBP INR) exchange rate slumped to a two-week low on Wednesday as Sterling sentiment soured following the announcement that Prime Minister Theresa May signed the letter to trigger Article 50 of the Lisbon Treaty. The GBP INR rate fell to low of 80.48 following the announcement, down from a high […]

Upswing in GBP JPY as UK Inflation Surges

Tuesday, March 21st, 2017

The Pound to Japanese Yen (GBP JPY) exchange rate spiked on Tuesday following the release of impressive inflation figures from the UK. GBP JPY currently sits around 140.20 following the release of the inflation data, up from around 139.18 at the start of the day’s session. The Pound jumped against the Japanese Yen this morning […]

GBP INR Tumbles as Theresa May Announces Brexit Date

Monday, March 20th, 2017

The Pound to Indian Rupee (GBP INR) exchange rate slumped this afternoon as Prime Minister Theresa May announced that she will trigger Article 50 next Wednesday, effectively beginning the Brexit process and starting two years of negotiations. The GBP INR rate fell to 80.95 following the announcement, down from a high of 81.22 earlier in […]

GBP INR Fluctuates as SNP to Seek Second Referendum

Monday, March 13th, 2017

The Pound to Indian Rupee (GBP INR) exchange rate fluctuated on Monday as SNP leader Nicola Sturgeon announced she would be seeking a second referendum on Scottish Independence GBP INR is currently trading around 80.90 after briefly spiking to 81.22 earlier in the morning. The Pound (GBP) softened this afternoon as Scottish First minister Nicola […]

USD Dips Ahead of Expected Fed Rate Hike

Friday, March 10th, 2017

The Australian Dollar to US Dollar exchange rate rallied on Friday afternoon as markets reacted to the latest labour statistics from the US. AUD USD jumped from 0.7518 to 0.7549 following the release of the US job data. The US Non-Farm Payrolls figures for February printed far higher than expected, with the US economy adding […]


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