Latest Articles by Frank Davies

The most recent currency news items written by author Frank Davies.

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Holds Ground in spite of Weak Household Confidence

18 Feb 2019 at 4 PM - Written by Frank Davies

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Holds Ground in spite of Weak Household Confidence
Weakening UK Household Confidence Fails to Dent Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate remained on a steady footing on Monday, even as Markit’s household finance index fell to an eleven-month low. Although confidence among UK households continued to sour...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen

15 Feb 2019 at 12 PM - Written by Frank Davies

Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen
UK Retail Sales Boost Lifts Pound Sterling US Dollar (GBP/USD) Exchange Rate A better-than-expected uptick in January’s UK retail sales data helped to lift the Pound Sterling to US Dollar (GBP/USD) exchange rate from its one-month low. As sales picked up 1.2% on the month this gave investors cause for confidence, suggesting that...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Euro (GBP/EUR) Exchange Rate Pushes Higher as Eurozone Production Slides

13 Feb 2019 at 3 PM - Written by Frank Davies

Pound Sterling Euro (GBP/EUR) Exchange Rate Pushes Higher as Eurozone Production Slides
Pound Sterling Euro (GBP/EUR) Exchange Rate Benefits as Eurozone Production Slumps As Eurozone industrial production slumped -4.2% on the year in December this helped to boost the Pound Sterling to Euro (GBP/EUR) exchange rate on Wednesday. With production falling at its fastest pace since the financial crisis, following on from weak...

CATEGORIES: Pound Euro Forecasts

Pound-to-New-Zealand-Dollar Exchange Rate Slips Back on Fresh UK Economic Jitters

11 Feb 2019 at 5 PM - Written by Frank Davies

Pound-to-New-Zealand-Dollar Exchange Rate Slips Back on Fresh UK Economic Jitters
Despite surging on risk-aversion last week, the British Pound to New Zealand Dollar exchange rate slipped on Monday as the latest slew of UK data gave investors little reason to keep the Pound near its best levels. The New Zealand Dollar’s gains were limited though, as investors were hesitant to buy risky trade-correlated...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound to Australian Dollar Exchange Rate Advances from Latest Signs of RBA Caution

8 Feb 2019 at 5 PM - Written by Frank Davies

Pound to Australian Dollar Exchange Rate Advances from Latest Signs of RBA Caution
- The Pound to Australian Dollar exchange rate is -0.14% lower @ 1.82277 today. - RBA Statement dents AUD ahead of weekend. As the Reserve Bank of Australia’s (RBA) latest Statement on Monetary Policy echoed recent cautious comments from policymakers Australian Dollar exchange rates were left on a weaker footing on Friday. With...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slides on Unexpectedly Weak UK Services PMI

5 Feb 2019 at 4 PM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Slides on Unexpectedly Weak UK Services PMI
Softening UK Service Sector Drives Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower As the UK service sector fell into a state of near-stagnation the Pound Sterling to US Dollar (GBP/USD) exchange rate slumped. Following on the heels of underwhelming manufacturing and construction PMIs the services PMI dropped from 51.4 to just...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Recovers as UK Construction Sector Slows

4 Feb 2019 at 4 PM - Written by Frank Davies

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Recovers as UK Construction Sector Slows
Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Shakes off Disappointing Construction PMI A weaker-than-expected UK construction PMI was not enough to prevent the Pound Sterling to Japanese Yen (GBP/JPY) exchange rate trending higher on Monday. Although the PMI slowed sharply from 52.8 to 50.6, falling closer to a state of...

CATEGORIES: Pound Yen Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Benefits as Fed Turns Cautions on Interest Rates

31 Jan 2019 at 11 AM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Benefits as Fed Turns Cautions on Interest Rates
Cautious Federal Reserve Outlook Boosts Pound Sterling US Dollar (GBP/USD) Exchange Rate The Pound Sterling to US Dollar (GBP/USD) exchange rate recovered ground in the wake of the Federal Reserve’s first policy announcement of 2019. As the Fed signalled a willingness to leave interest rates on hold for longer, pausing its recent...

CATEGORIES: Pound Dollar Forecasts

US Dollar Pound Sterling (USD/GBP) Exchange Rate Stumbles as US Consumer Confidence Declines

29 Jan 2019 at 4 PM - Written by Frank Davies

US Dollar Pound Sterling (USD/GBP) Exchange Rate Stumbles as US Consumer Confidence Declines
Weak US Consumer Confidence Index Dents US Dollar Pound Sterling (USD/GBP) Exchange Rate The US Dollar to Pound Sterling (USD/GBP) exchange rate came under renewed pressure on Tuesday as the latest US consumer confidence index fell short of forecast. As the index slumped from 126.6 to 120.2 this left investors with less incentive to...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Recovers Ground in Spite of Brexit Worries

28 Jan 2019 at 4 PM - Written by Frank Davies

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Recovers Ground in Spite of Brexit Worries
Market Risk Aversion Shores up Pound Sterling South African Rand (GBP/ZAR) Exchange Rate A renewed sense of market risk aversion saw the Pound Sterling to South African Rand (GBP/ZAR) exchange rate recovering ground on Monday afternoon. Although the GBP/ZAR exchange rate started the week on a weaker footing as Brexit-based optimism...

CATEGORIES: Pound Rand Forecasts