Author Page

Author's Latest Articles

Euro to US Dollar Exchange Rate Strengthens as Trump Uncertainty Grows

Tuesday, January 24th, 2017

After initially falling this morning due to lacklustre German PMI figures the EUR USD exchange rate rallied close to a new two-month high today as markets remain worried about Donald Trump’s new administration. The Euro continued rising against the US Dollar today as markets grew increasingly unnerved by the lack of any clear published economic […]

GBP TRY Jumps to Twelve-Month High

Monday, January 9th, 2017

The Pound to Turkish Lira (GBP TRY) exchange rate rose today as investors avoided the emerging-market currency due to economic and political uncertainty. GBP TRY currently sits around 4.52, up slightly from the day’s opening levels. The Turkish Lira continues to be the black sheep of the so called ‘fragile five’ of emerging-market currencies as […]

GBP JPY Spikes Briefly as UK Manufacturing Improves

Tuesday, January 3rd, 2017

The Pound to Japanese Yen exchange rate ticked higher earlier today following the release of the UK’s latest Manufacturing PMI figures, which saw an impressive rise from 53.6 to 56.1 in December. GBP JPY currently sits around 144.40 following the release of the manufacturing figures, up slightly from 144.35 earlier this morning. The Pound (GBP) […]

GBP INR Volatile as Brexit Concerns Rumble On

Thursday, November 17th, 2016

The Pound to Indian Rupee (GBP INR) exchange rate has struggled to regain its recent losses as ‘Brexit’ sentiment remains low since the leaking of a supposed memo on Tuesday. GBP INR is currently trading at around 84.45 on the interbank market. The Pound (GBP) has suffered from further ‘Brexit’ uncertainty this week after Sterling’s […]

Euro to US Dollar Exchange Chaotic as Trump Wins 2016 US Presidential Election

Wednesday, November 9th, 2016

The Euro (EUR) has fluctuated wildly against the US Dollar (USD) today after a surprise win for Republican candidate Donald Trump in the 2016 US presidential election. The EUR USD exchange rate came very close to reaching 1.13 immediately following the result but slumped to 1.09 later in the afternoon as markets began to absorb […]

Australian Dollar to US Dollar Exchange Rate Stagnates, US Election Chaos in Focus

Thursday, November 3rd, 2016

The Australian Dollar to US Dollar exchange rate has traded relativity flatly today as the US Dollar (USD) continues to suffer as a result of the political uncertainty surrounding the US elections. The Australian Dollar (AUD) has struggled to advance against the US Dollar today despite the US Dollar notably dropping against many of the […]

GBP JPY Climbs as Nissan Commits to Producing Two New Models in Sunderland

Thursday, October 27th, 2016

The Pound to Japanese Yen exchange rate has surged to its highest levels since the Sterling flash crash earlier this month, following news that car manufacturer Nissan will be making a major investment in its factory in Sunderland as it commits to building two new car models in Britain. GBP JPY currently hovers around 128.09 […]

Pound Recovers after Sinking to Three-Year Low against Indian Rupee

Wednesday, October 26th, 2016

The Pound to Indian Rupee exchange rate fell to a fresh three-year low on Tuesday as investors reacted to the possibility that the UK economy could be line for further financial stimulus. The pairing dropped to 80.82 at one point before stabilising at around 81.60 on Wednesday morning. Investors fled from the Pound on Tuesday […]

Euro to US Dollar Exchange Rate Recovers From Recent Plunge

Wednesday, October 5th, 2016

The Euro (GBP) bounced back against the US Dollar (USD) on Wednesday after hitting a fresh low on Tuesday. The rally was caused by reports that the European Central Bank (ECB) may be close to an agreement to cut quantitative easing. The rumours that the ECB is considering tapering its quantitative easing programme caused a […]

Pound to Norwegian Krone Exchange Rate Drops Amid Mounting ‘Brexit’ Fears

Tuesday, October 4th, 2016

The Pound (GBP) has plummeted against the Norwegian Krone (NOK) this week following the announcement of an official timetable for ‘Brexit’ from UK Prime Minister Theresa May over the weekend, which caused a sharp downturn in the value of Sterling. Markets reacted violently to the announcement that Theresa May had committed to invoke Article 50 […]

© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.