Latest Articles by Frank Davies

Despite today’s soft Brexit speculation and disappointing Japanese inflation rate stats, the British Pound to Japanese Yen (GBP/JPY) exchange rate has fallen back from weekly highs and could shed most of this week’s relatively volatile gains before markets close for the week. Continued market jitters amid geopolitical tensions are keeping...

Lack of Safe-Haven Demand Benefits Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate As general market sentiment improved this helped to keep the Pound Sterling to Swiss Franc (GBP/CHF) exchange rate on a positive footing. Weak levels of safe-haven demand dragged the Swiss Franc lower across the board on Wednesday, in spite of the...

While the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has sustained most of the gains seen last week, its advance appears to have come to an end and the pair is struggling to hold its best levels. The latest fears that a no-deal Brexit is possible, combined with investors taking a breather from US-China trade jitters, left the...

Despite the Reserve Bank of New Zealand’s (RBNZ) shockingly deep interest rate cut yesterday, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has given up a good chunk of its weekly gains. Investors continue to sell the Pound on deepening uncertainties in Brexit and UK politics, while the New Zealand Dollar has rebounded...

Following months of controversy and a recently unveiled government bailout program for South Africa’s embattled energy firm Eskom, the company’s latest financials were published today and helped to keep pressure on the British Pound to South African Rand (GBP/ZAR) exchange rate following yesterday’s board plummet. Sterling remains...

Rising Risk of No-Deal Brexit Drives Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Lower As market anxiety over the prospect of a potential no-deal Brexit intensified the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate remained under pressure. With both candidates in the Conservative leadership contest pledging...

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slips as UK Productivity Disappoints Ahead of the weekend the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate remained on the back foot thanks to another weak quarter of UK labour productivity. As productivity contracted -0.2% on the year in the first quarter of 2019...

Disappointing UK Borrowing Figures Dent Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate May’s UK public sector net borrowing data helped to drive the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate down ahead of the weekend. As borrowing clocked in at 5.1 billion, roughly a billion higher than forecast, this left...

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falters in Spite of Falling US Inflation The weaker-than-expected nature of May’s US consumer price index data failed to prevent the Pound Sterling to US Dollar (GBP/USD) exchange rate from trending lower. Although the inflation rate’s miss raises the odds of the Federal Reserve...

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Strengths as UK Unemployment Maintains 44-Year Low A steady showing from April’s UK unemployment rate helped the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate recover further ground on Tuesday. As unemployment remained at a 44-year low of 3.8% this gave investors...