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GBP NZD Exchange Rate Falls Despite Supreme Court Favouring Parliament Vote

Tuesday, January 24th, 2017

In an unexpected development, the Pound dropped against the New Zealand Dollar after the hotly anticipated Supreme Court announcement – despite the result seeming to support GBP demand. The New Zealand Dollar’s advance against the Pound came even as a fledgling Trump administration dealt a heavy blow to the future of New Zealand’s trading ambitions. […]

Rand Climbs Despite Trump-Inspired Risk Aversion

Monday, January 23rd, 2017

As a new week of trading began the Euro dropped against the South African Rand. ZAR gains have mainly been caused by a sharp rise in gold prices following some unsettling behaviour by the new US President. Despite a few fluctuations in the Euro Rand exchange rate last week, the Euro was nonetheless able to advance […]

Will Trump Presidency Impact GBP JPY Exchange Rate?

Friday, January 20th, 2017

The Pound was able to make steady gains against the Japanese Yen this week, but investors remained flighty due to high volatility generated by revealed plans on Brexit. Japanese data out over the week was broadly positive, but failed to lift the Yen against the more active Pound. Over the current week, the Pound Yen […]

President Trump Approaches – AUD/USD Fluctuates

Wednesday, January 18th, 2017

The Australian Dollar has made fractional gains against the US Dollar, although this could be considered the calm before the storm of Donald Trump’s inauguration this Friday. Much of this week’s US Dollar movement has been caused by the Federal Reserve, with policymakers raising the prospect of a string of US interest rate hikes in […]

GBP INR Rallies as PM’s Brexit Speech Turns Pound Bullish

Tuesday, January 17th, 2017

Against all the odds, the Pound has risen dramatically against the Indian Rupee today, following a broad-based rally following a highly-anticipated speech from UK Prime Minister Theresa May. The Indian Rupee has failed to gain a foothold against the extremely desirable Pound and has dipped following a rise in the cost of crude oil. Last […]

GBP CAD Volatility Expected on PM’s Brexit Speech

Monday, January 16th, 2017

The Pound dropped to its lowest rate against the Canadian Dollar since mid-2013 at the start of this week, owing to an extreme level of investor concern about an upcoming speech from Prime Minister Theresa May. For Canadian Dollar investors, the main point of focus has been whether the incoming US President will be a […]

‘President Trump’ Approaches, Euro US Dollar Exchange Rate Set for Advance

Friday, January 13th, 2017

The Euro was able to gradually creep up against a fluctuating US Dollar last week, with the greatest source of influence, Donald Trump, set to make a reappearance in the week to come. The US Dollar was hit hard on Wednesday when Trump gave his first press conference of the year; it remains to be […]

Brexit Fears Keep GBP CHF Fluctuating

Tuesday, January 10th, 2017

The Pound has risen marginally against the Swiss Franc today but ongoing concerns about how Brexit will actually work have kept these exchange rate gains to a minimum. News that Swiss unemployment rose in December, against forecasts, has seen investors shy away from the Franc. But Pound Franc movement last week was negative, with Sterling […]

Major GBP AUD Losses after PM’s Sky Interview

Monday, January 9th, 2017

The Pound dropped heavily against the Australian Dollar at the start of the week thanks to the comments made by Prime Minister Theresa May over the weekend. The Australian Dollar, meanwhile, has been supported by some good news – the expectation that billions will come into the economy from mining exports. Last week, the interbank […]

Rogers Resignation Shocks Pound Investors, GBP NOK has Shaky Start to 2017

Wednesday, January 4th, 2017

The GBP NOK exchange rate has performed poorly during the first week of 2017, not least because of the unexpected resignation of the UK’s Ambassador to the EU. Norwegian news has been comparatively thin on the ground, but this hasn’t prevented the buoyant NOK from having a strong start against the Pound on the back […]

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