Latest Articles by Minesh Chaudhari

The most recent currency news items written by author Minesh Chaudhari.

GBP to NZD Exchange Rate Fluctuates as Both Currencies Strengthened on Tuesday

13 Feb 2018 at 5 PM - Written by Minesh Chaudhari

GBP to NZD Exchange Rate Fluctuates as Both Currencies Strengthened on Tuesday
As both the Pound and New Zealand Dollar strengthened on Tuesday, the Pound to New Zealand Dollar (GBP/NZD) exchange rate fluctuated within a relatively narrow range throughout the day. The pair was influenced by UK Consumer Price Index (CPI) data and market demand for risky currencies. Due partially to strong New Zealand job data last...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Resumes Advances on Strong UK Growth Report

26 Jan 2018 at 11 AM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Resumes Advances on Strong UK Growth Report
Due to strong UK ecostats in recent sessions, as well as prevalent bearishness in US Dollar trade, the British Pound to US Dollar exchange rate has seen significant gains this week. Mixed signals from the US government have left US Dollar movement volatile. After opening this week at the level of 1.3855, GBP/USD began to climb and as of...

CATEGORIES: Pound Dollar Forecasts

GBP EUR Exchange Rate Advances as Investors Anticipate European Central Bank (ECB) Meeting

22 Jan 2018 at 5 PM - Written by Minesh Chaudhari

GBP EUR Exchange Rate Advances as Investors Anticipate European Central Bank (ECB) Meeting
Despite news that Germany’s SPD Party had voted to move forward in vital coalition talks with German Chancellor Angela Merkel’s CDU Party, the British Pound to Euro exchange rate continued to strengthen on Monday with Euro investors anxious ahead of this week’s upcoming European Central Bank (ECB) policy decision. Poor UK ecostats...

CATEGORIES: Pound Euro Forecasts

GBP to USD Exchange Rate Jumps Half a Cent on Rising Global Growth Outlook

15 Jan 2018 at 3 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Jumps Half a Cent on Rising Global Growth Outlook
Despite last week’s strong US inflation report, the British Pound to US Dollar exchange rate has continued to climb since markets opened this week. Market hopes for a ‘soft Brexit’, as well the rising global growth outlook, have made it difficult for the US Dollar to hold its ground. Thanks to soft Brexit hopes, GBP/USD surged last...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Climbs as ‘Safe Haven’ Appetite Falls

4 Jan 2018 at 4 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Climbs as ‘Safe Haven’ Appetite Falls
Despite some strong US data and concerns that Britain’s economic activity could slow further in 2018, the British Pound to US Dollar exchange rate advanced on Thursday afternoon. Sterling benefitted from weaker demand for ‘safe haven’ currencies like the US Dollar as the global growth outlook improved. Following advances in November...

CATEGORIES: Pound Dollar Forecasts

GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report

18 Dec 2017 at 5 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Briefly Advances on UK Industrial Trends Report
Monday’s UK factory data helped the British Pound to Euro exchange rate to avoid a drop, but the pair’s gains were limited due to appeal in Euro trade as well as persistent Brexit concerns weighing on the Pound’s strength. Last week saw volatility in GBP/EUR, as the pair hit a high of 1.1410 and a low of 1.1297 before closing the...

CATEGORIES: Pound Euro Forecasts

GBP to EUR Exchange Rate Continues to Fluctuate as Investors Await Brexit Developments

6 Dec 2017 at 4 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Continues to Fluctuate as Investors Await Brexit Developments
Due to a lack of impressive Eurozone ecostats in recent sessions, the British Pound to Euro exchange rate has been able to hold its ground. However, Sterling still remains highly volatile as investors are concerned about obstacles preventing progress in Brexit negotiations. Despite all the Brexit news in recent sessions, the GBP/EUR...

CATEGORIES: Pound Euro Forecasts

EUR to GBP Exchange Rate Recovers as Eurozone PMI Projections Impress Investors

23 Nov 2017 at 4 PM - Written by Minesh Chaudhari

EUR to GBP Exchange Rate Recovers as Eurozone PMI Projections Impress Investors
Strong PMI data from the Eurozone, as well as indications of policymaker disagreement within the European Central Bank (ECB) boosted the Euro to British Pound exchange rate on Thursday. Sterling remained weak due to expectations for subdued growth in Britain. Despite this, the EUR/GBP exchange rate continues to trend below the week’s...

CATEGORIES: Euro Pound Forecasts

GBP to AUD Exchange Rate Continues to Climb on Fresh Brexit Hopes

20 Nov 2017 at 1 PM - Written by Minesh Chaudhari

GBP to AUD Exchange Rate Continues to Climb on Fresh Brexit Hopes
Despite some underwhelming UK inflation and job market data last week, the British Pound to Australian Dollar exchange rate was able to advance as investors lost appetite for risky currencies like the ‘Aussie’. Sterling continued to firm on Monday amid fresh hopes for progress in Brexit talks. Last week saw the GBP/AUD exchange rate...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Plunges to Multi-Week-Lows on RBNZ Decision

9 Nov 2017 at 11 AM - Written by Minesh Chaudhari

GBP to NZD Exchange Rate Plunges to Multi-Week-Lows on RBNZ Decision
An unexpectedly hawkish Reserve Bank of New Zealand (RBNZ) during Thursday’s Asian session caused the British Pound to New Zealand Dollar exchange rate to plunge to new weekly lows. Sterling movement has been mixed due to domestic political uncertainties. After opening the week at 1.8934 and climbing to a high of 1.9089 earlier in the...

CATEGORIES: Pound New Zealand Dollar Forecasts