Author Page

Author's Latest Articles

Euro to US Dollar Exchange Rate Slips Following Yellen Remarks

Wednesday, July 12th, 2017

The Euro (EUR) plummeted against the US Dollar (USD) this afternoon as Federal Reserve Chair Janet Yellen gave an upbeat report on the US economy as she testified in front of Congress. At the time of writing EUR USD was trading at $1.1418, down around 0.49% from the pairing’s starting level of $14.638 The Euro […]

GBP JPY Subdued as UK Factories Slow in June

Monday, July 3rd, 2017

The Pound to Japanese Yen (GBP JPY) exchange rate struggle to post gains on Monday as the UK’s manufacturing sector slowed. GBP JPY is currently trading at around 146.6030 having moved very little from the day’s starting level of around 146.4525. The Pound fell from its best levels against the Japanese Yen earlier this morning […]

GBP INR at One-Month High as Carney Teases Rate Hike

Thursday, June 29th, 2017

The Pound to Indian Rupee (GBP INR) exchange rate continued to push higher on Thursday as investors remained upbeat following a speech by Bank of England (BoE) Governor Mark Carney earlier in the week. GBP INR pushed as high as 83.9510. The Pound continued to strengthen today as comments from Mark Carney’s speech at panel […]

Theresa May Set to Outline Brexit Plans with EU Leaders, GBP/DKK Volatile

Thursday, June 22nd, 2017

The Pound Danish Krone (GBP DKK) exchange rate fluctuated today as markets speculated over the outcome of Prime Minister Theresa May’s meeting with EU leaders at a European summit in Brussels. The Pound struggled ahead of the European summit in which Theresa May is set to address EU leaders for the first time since the […]

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 […]

© 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.