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Will GBP/NZD Fall when Article 50 is Activated?

Monday, March 27th, 2017

The GBP/NZD exchange rate hit its best level since December 2016 as a tumbling US Dollar boosted the appeal of the Pound. The New Zealand Dollar’s losses have come in spite of a positive assessment of the nation’s finances issued by Moody’s Investor Service. Last week the Pound gradually edged up from 1.76 to close […]

GBP NOK Exchange Rate Sheds Gains

Wednesday, March 22nd, 2017

The Pound has dropped by -0.4% against the Norwegian Krone as GBP began to give up the gains recorded following the news that UK inflation had risen from 1.8% to 2.3% in February. Krone movement recently has largely been dictated by the price of Brent crude oil, which has continued tumbling since the start of March. […]

Pound Lira Exchange Rate Dips as Unsettled US Fuels Lira Gains

Monday, March 20th, 2017

The Pound has dropped heavily against the Turkish Lira today, as continuing weakness in the US elevates demand for higher-risk currencies. Last week saw the Pound gradually edge lower against the Lira, with that trend continuing as markets reopened following the weekend. The Pound was in a general state of decline on Monday following the news […]

GBP CAD Close to 2017 Highs

Monday, March 20th, 2017

After rallying to its best levels since January last week, the GBP/CAD exchange rate is largely holding gains despite the recent confirmation of when Article 50 will be triggered. With crude oil prices fluctuating, the Canadian Dollar has failed to undermine Sterling’s recent advance – but with some influential news on the calendar this week […]

BoE Division Boosts UK Outlook, GBP DKK Exchange Rate Soars

Thursday, March 16th, 2017

The Pound jumped by 0.7% against the Danish Krone following a surprising development in the Bank of England (BoE) interest rate decision. The Krone Pound exchange rate has progressively worsened over the course of the week, with continued declines in oil prices keeping DKK down. The biggest Pound-supporting news of late has been the Bank […]

GBP NZD Rate Rises– But Will Gains Last?

Monday, March 13th, 2017

The Pound opened trading this week in a comparatively strong position against the New Zealand Dollar, rising by 0.5%. Despite this, the Pound’s general outlook for the week is negative in light of the upcoming events. Last week, the Pound to New Zealand Dollar exchange rate improved slightly from 1.74 to 1.75. The Pound’s advance […]

GBP CHF Down before Article 50 Activation

Friday, March 10th, 2017

The Pound has dipped against the Swiss Franc this week but this may prove to be the calm before the storm. Looking ahead, the coming week could bring a trio of Pound-damaging developments. The Franc’s weekly rise against the Pound has come from a cluster of positive Swiss data releases, which have all raised expectations […]

Gains for GBP JPY Exchange Rate

Thursday, March 9th, 2017

The Pound has made a sizable advance of 0.5% against the Japanese Yen today despite the Spring Budget causing a backlash against the Government for an apparently broken manifesto promise. Japanese news this week has included machine orders and GDP; mixed results have been seen which have weakened the Yen overall. Last week saw turbulence for […]

Losses for GBP ZAR Exchange Rate ahead of Spring Budget

Tuesday, March 7th, 2017

Losses for GBP ZAR Exchange Rate ahead of Spring Budget The Pound dropped by -0.8% against the South African Rand on Tuesday and could be in for further losses depending on how Wednesday’s Spring Budget turns out. While the latest South African data has shown a sharp drop in domestic GDP, this has not prevented […]

Australian Dollar Volatility Forecast to Follow RBA Meeting

Monday, March 6th, 2017

Although the rising odds of the Federal Reserve increasing interest rates in March helped the Pound hold its own against the Australian Dollar last week, the GBP AUD pairing dipped slightly as investors look ahead to the Reserve Bank of Australia (RBA) policy meeting and the UK’s Spring Budget. Last week saw the Pound start […]

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