Latest Articles by Frank Davies

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

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

Pound US Dollar (GBP/USD) Exchange Rate Slumps as US Deficit Hits 3-Year Low

7 Jan 2020 at 4 PM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Slumps as US Deficit Hits 3-Year Low
Narrowed US Trade Deficit Drags Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower A sharper-than-expected narrowing of the US trade deficit saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slip on Tuesday. While forecasts had pointed towards an improvement in US trade investors were still impressed to find that the...

CATEGORIES: Pound Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Loses Traction as UK Consumer Credit Growth Slides

3 Jan 2020 at 10 AM - Written by Frank Davies

Pound Euro (GBP/EUR) Exchange Rate Loses Traction as UK Consumer Credit Growth Slides
Weaker UK Consumer Credit Weighs on Pound Sterling Euro (GBP/EUR) Exchange Rate A sharper-than-expected easing in November’s UK consumer credit figure left the Pound Sterling to Euro (GBP/EUR) exchange rate on the back foot ahead of the weekend. As borrowing dropped from 1.33 billion to 0.56 billion this suggests that households took...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Sheds Ground as UK Manufacturing Decline Worsens

2 Jan 2020 at 4 PM - Written by Frank Davies

Pound Euro (GBP/EUR) Exchange Rate Sheds Ground as UK Manufacturing Decline Worsens
Pound Euro (GBP/EUR) Exchange Rate Slips as UK Manufacturing Contraction Deepens A slight upward revision to December’s UK manufacturing PMI was not enough to prevent the Pound Sterling to Euro (GBP/EUR) exchange rate from sliding on Thursday. In spite of the slight upgrade from its initial reading the index still hit its...

CATEGORIES: Pound Euro Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate at Monthly Low on Signs of BoE Dovishness

19 Dec 2019 at 2 PM - Written by Frank Davies

Pound New Zealand Dollar (GBP/NZD) Exchange Rate at Monthly Low on Signs of BoE Dovishness
Dovish BoE Tilt Drags Down Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate The Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate extended its slide in the wake of the Bank of England’s (BoE) December interest rate announcement, hitting a fresh monthly low. While the BoE left interest rates on hold once again the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Gives Up Weekly Gains amid Election Jitters and Federal Reserve News

12 Dec 2019 at 3 PM - Written by Frank Davies

GBP to NZD Exchange Rate Gives Up Weekly Gains amid Election Jitters and Federal Reserve News
Concerns that the US-China trade war could continue for an extended period of time are not doing much to weaken the trade-correlated New Zealand Dollar this week, as the British Pound to New Zealand Dollar (GBP/NZD) exchange rate tumbles today on a combination of UK election uncertainties and a weaker US Dollar. The New Zealand Dollar has...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Tests Fresh 8-Month-Best despite Concerns on UK Economic Outlook

10 Dec 2019 at 3 PM - Written by Frank Davies

GBP to USD Exchange Rate Tests Fresh 8-Month-Best despite Concerns on UK Economic Outlook
Concerns about the US economic outlook, combined with US-China trade war fears and UK General Election hopes, are making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to hold its best levels this week. The Pound outlook is sensitive though, and could see significant shifts depending on how Thursday’s election unfolds....

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate at Six-Month High on UK Election Speculation

5 Dec 2019 at 4 PM - Written by Frank Davies

Pound New Zealand Dollar (GBP/NZD) Exchange Rate at Six-Month High on UK Election Speculation
Stronger Conservative Polls Boost Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate With the Conservatives continuing to perform well in the polls the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate climbed to its highest level since May. While it remains to be seen whether these polling figures will ultimately...

CATEGORIES: Pound New Zealand Dollar Forecasts