Latest Articles by Minesh Chaudhari

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

GBP to EUR Exchange Rate Sheds Last Week’s Gains as UK Government Plans Fourth Meaningful Vote

9 May 2019 at 4 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Sheds Last Week’s Gains as UK Government Plans Fourth Meaningful Vote
No matter how impressive last week’s British Pound to Euro (GBP/EUR) exchange rate gains were, the pair has essentially shed all of those gains this week as of the time of writing on Thursday afternoon. A return to UK political uncertainty and a lack of progress on Brexit left the Pound unappealing, as the government appeared to plan a...

CATEGORIES: Pound Euro Forecasts

GBP to NZD Exchange Rate Surges to Fresh 2019 Best on New Zealand’s Job Market Disappointment

1 May 2019 at 4 PM - Written by Minesh Chaudhari

GBP to NZD Exchange Rate Surges to Fresh 2019 Best on New Zealand’s Job Market Disappointment
The Pound remained one of the more appealing major currencies today, despite a lack of fresh Brexit developments. Instead, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate climbed amid some fairly supportive UK data, as well as broad fresh losses in the New Zealand Dollar after the latest disappointing New Zealand job market...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to AUD Exchange Rate Recovery Falls Short as Chinese Data and Risk-Sentiment Supports ‘Aussie’

12 Apr 2019 at 11 AM - Written by Minesh Chaudhari

GBP to AUD Exchange Rate Recovery Falls Short as Chinese Data and Risk-Sentiment Supports ‘Aussie’
For most of the week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has trended lower due to Brexit uncertainty hitting the Pound, while the Australian Dollar benefitted from much of the week’s risk-sentiment. Due to signs of strength in Australia’s economy, Reserve Bank of Australia (RBA) interest rate cut bets have...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Rebounds amid Market Risk-Aversion despite Brexit Jitters

29 Mar 2019 at 12 PM - Written by Minesh Chaudhari

GBP to CAD Exchange Rate Rebounds amid Market Risk-Aversion despite Brexit Jitters
Despite market uncertainty over how the Brexit process will develop over the coming weeks, the British Pound to Canadian Dollar (GBP/CAD) exchange rate rebounded slightly from its worst weekly levels this morning thanks to weakness in rivals and some stronger than expected UK data. However, Sterling is still on track to fall this week amid...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate in Fresh Surge as No-Deal Brexit tol Be Avoided

14 Mar 2019 at 7 AM - Written by Minesh Chaudhari

Pound Canadian Dollar Exchange Rate in Fresh Surge as No-Deal Brexit tol Be Avoided
A fairly resilient Canadian Dollar, as well as market demand for riskier trade-correlated currencies, briefly saw the British Pound to Canadian Dollar (GBP/CAD) exchange rate shed all of Monday’s gains yesterday, but continued Brexit speculation has kept the Pound buoyed above the week’s opening levels as investors anticipated upcoming...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to AUD Exchange Rate Sheds Half a Cent amid Risk-On Rally

25 Feb 2019 at 4 PM - Written by Minesh Chaudhari

GBP to AUD Exchange Rate Sheds Half a Cent amid Risk-On Rally
The latest developments in US-China trade negotiations, combined with market uncertainty regarding how the Brexit process will unfold, made the British Pound to Australian Dollar (GBP/AUD) exchange rate tumble today. The Pound’s losses were limited though, by rumours that the Brexit process could be delayed for as long as two years. Due...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Recovers as Loonie Suffers from Weaker Oil Prices

6 Feb 2019 at 12 PM - Written by Minesh Chaudhari

GBP to CAD Exchange Rate Recovers as Loonie Suffers from Weaker Oil Prices
Despite poor UK data and Brexit uncertainties worsening further this week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has recovered from its worst levels amid fresh Canadian Dollar weakness. Investors sold the Canadian Dollar from its best levels as prices of oil, Canada’s most lucrative commodity, slumped. Following...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to EUR Exchange Rate Firms on UK Data and Brexit Speculation

22 Jan 2019 at 4 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Firms on UK Data and Brexit Speculation
Investors were more eager to buy the British Pound to Euro (GBP/EUR) exchange rate on Tuesday, as the latest UK data and Brexit news offered the Pound some fresh support. The Euro, on the other hand, remained unappealing amid concerns about the Eurozone’s slowing economic outlook and the latest disappointing Eurozone confidence...

CATEGORIES: Pound Dollar Forecasts

Pound v Canadian Dollar Exchange Rate Tumble Slows as Investors Await Bank of Canada (BoC) Decision

11 Jan 2019 at 1 AM - Written by Minesh Chaudhari

Pound v Canadian Dollar Exchange Rate Tumble Slows as Investors Await Bank of Canada (BoC) Decision
For most of the week so far, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has tumbled as investors anticipate developments in US-China trade negotiations, and markets bet that the Canadian Dollar may have a stronger year ahead of it following a mixed performance in 2018. The first week of 2019 saw notable losses for...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/NZD Outlook: Pound to New Zealand Dollar Exchange Rate Volatility Persists as Uncertainties Leave Both Currencies Weaker

17 Dec 2018 at 4 PM - Written by Minesh Chaudhari

GBP/NZD Outlook: Pound to New Zealand Dollar Exchange Rate Volatility Persists as Uncertainties Leave Both Currencies Weaker
Despite the deepening UK political and Brexit uncertainties seen last week, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate recovered most of its losses. When markets opened on Monday, the volatile exchange rate fluctuated as Brexit fears weighed on Sterling while the New Zealand Dollar’s strength was limited by global...

CATEGORIES: Pound New Zealand Dollar Forecasts