Latest Articles by Frank Davies

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

Pound Australian Dollar (GBP/AUD) Exchange Rate Benefits from Chinese Factory Profits Slump

27 Mar 2020 at 4 PM - Written by Frank Davies

Pound Australian Dollar (GBP/AUD) Exchange Rate Benefits from Chinese Factory Profits Slump
Global Growth Worries Bolster Pound Australian Dollar (GBP/AUD) Exchange Rate Fresh concerns over the global growth outlook helped to keep the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate on a positive footing ahead of the weekend. As Chinese factory profits saw their largest slump on record in the first two months of the...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Benefits from Lack of BoE Action

26 Mar 2020 at 4 PM - Written by Frank Davies

Pound Canadian Dollar (GBP/CAD) Exchange Rate Benefits from Lack of BoE Action
Lack of Bank of England Action Supports Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate found some support in the wake of the Bank of England’s (BoE) scheduled March policy meeting. While the BoE issued a fresh warning over the outlook of the UK economy this failed...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to AUD Exchange Rate Slips despite Coronavirus as ‘Aussie’ Enjoys RBA-Inspired Rebound

20 Mar 2020 at 2 PM - Written by Frank Davies

GBP to AUD Exchange Rate Slips despite Coronavirus as ‘Aussie’ Enjoys RBA-Inspired Rebound
Despite the Pound rebounding from lows against many major currencies today, the British Pound to Australian Dollar (GBP/AUD) exchange rate is sliding. Investors are buying the Australian Dollar back from its worst levels after a period of broad weakness, thanks to the slightly calmer market outlook as well as reaction to the Reserve Bank of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Recovers Ground amid Covid-19 Anxiety

12 Mar 2020 at 9 AM - Written by Frank Davies

Pound Australian Dollar (GBP/AUD) Exchange Rate Recovers Ground amid Covid-19 Anxiety
As Australian consumer inflation expectations failed to pick up on the month as forecast the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate recovered some of its lost ground. With inflationary pressure failing to build further the risk of further potential Reserve Bank of Australia (RBA) policy action remains, to the detriment...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Bounces Back Thanks to Eurozone Industrial Production Slump

12 Feb 2020 at 4 PM - Written by Frank Davies

Pound Euro (GBP/EUR) Exchange Rate Bounces Back Thanks to Eurozone Industrial Production Slump
Weaker-than-expected Eurozone industrial production figures encouraged the Pound Sterling to Euro (GBP/EUR) exchange rate to push higher on Wednesday. While forecasts had pointed towards a fresh deterioration in production, following the falls seen in Germany and Italy, the extent of the decline caught investors off guard. As output...

CATEGORIES: Pound Euro Forecasts

GBP to JPY Exchange Rate Losses Limited as Market Risk-Sentiment Weakens Yen

6 Feb 2020 at 2 PM - Written by Frank Davies

GBP to JPY Exchange Rate Losses Limited as Market Risk-Sentiment Weakens Yen
Despite the Pound’s broad weakness on revived hard Brexit fears this week, the British Pound to Japanese Yen (GBP/JPY) exchange rate has only seen limited losses this week so far. Investors have also been selling the safe haven Japanese Yen as coronavirus concerns lighten. This is making the Yen one of this week’s weaker currencies and...

CATEGORIES: Pound Yen Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as Fears of Hard Brexit Scenario Pick up

28 Jan 2020 at 2 PM - Written by Frank Davies

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as Fears of Hard Brexit Scenario Pick up
Fears of Hard Brexit Scenario Weigh Heavily on Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Fresh market anxiety over Brexit saw the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate slip on Tuesday. Comments from the BDI, a key German industry association, reignited jitters over the prospect of a potential hard...

CATEGORIES: Pound Australian Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Loses Ground Ahead of NZ Inflation Figures

23 Jan 2020 at 3 PM - Written by Frank Davies

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Loses Ground Ahead of NZ Inflation Figures
Temporary Easing in Market Risk Aversion Knocks Pound New Zealand Dollar (GBP/NZD) Exchange Rate A general resurgence in market risk appetite saw the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate knocked off its bullish trend on Thursday. While market anxiety over the spread of the coronavirus from China remained this was...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism

22 Jan 2020 at 3 PM - Written by Frank Davies

Pound Euro (GBP/EUR) Exchange Rate Surges Thanks to Leap in UK Business Optimism
Surge in UK Business Optimism Fuels Pound Euro (GBP/EUR) Exchange Rate Leap The Pound Sterling to Euro (GBP/EUR) exchange rate made strong gains on Wednesday, benefitting from a surprise return to positivity for the CBI business optimism index. As the index leapt from -44 to 23 on the quarter this encouraged investors to pile back into...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Stumbles from Near Weekly Highs on Bank of England Rate Cut Speculation

9 Jan 2020 at 11 AM - Written by Frank Davies

GBP to EUR Exchange Rate Stumbles from Near Weekly Highs on Bank of England Rate Cut Speculation
Despite yesterday’s cooler Pound movement, the British Pound to Euro (GBP/EUR) exchange rate continued to trend closely to its best levels until this morning, when a combination of stronger Eurozone data and lingering Brexit uncertainty knocked the pair slightly. The Brexit process is going smoothly this month, but uncertainty over how...

CATEGORIES: Pound Euro Forecasts