Latest Articles by Minesh Chaudhari

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

GBP to EUR Exchange Rate Plummets as Slowing UK Inflation Knocks Bank of England (BoE) Interest Rate Hike Bets

18 Apr 2018 at 12 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Plummets as Slowing UK Inflation Knocks Bank of England (BoE) Interest Rate Hike Bets
Following weeks of solid performance in Sterling, the British Pound to Euro (GBP/EUR) exchange rate plummeted on Wednesday. Pound investors were highly concerned by Britain’s surprisingly slow March inflation rate and Bank of England (BoE) interest rate hike bets fell as markets anticipated further signals from the bank. Last week saw...

CATEGORIES: Pound Euro Forecasts

GBP to AUD Dollar Exchange Rate Sees Modest Gains as Risk-Sentiment Weakens

12 Apr 2018 at 4 PM - Written by Minesh Chaudhari

GBP to AUD Dollar Exchange Rate Sees Modest Gains as Risk-Sentiment Weakens
Despite a lack of supportive UK data in recent sessions, the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced slightly. This has been largely due to a stronger US Dollar (USD) making risky currencies like the Australian Dollar less appealing. Could GBP/AUD be on track for a week of limited changes? Last week saw...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to USD Exchange Rate Sees Late-Week Jump on US Non-Farm Payrolls and Trade Concerns

6 Apr 2018 at 5 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Sees Late-Week Jump on US Non-Farm Payrolls and Trade Concerns
Markets didn’t react too favourably to the latest US Non-Farm Payroll results, which came in well below expectations in most prints. As a result, the British Pound to US Dollar (GBP/USD) exchange rate saw some gains towards the end of Friday’s European session and was on track to sustain gains. After slipping from 1.4131 to 1.4013 last...

CATEGORIES: Pound Dollar Forecasts

GBP to EUR Exchange Rate Tumbles from Highs but Sterling Gains Likely This Week

23 Mar 2018 at 1 PM - Written by Minesh Chaudhari

GBP to EUR Exchange Rate Tumbles from Highs but Sterling Gains Likely This Week
Despite firming bets that the Bank of England (BoE) will hike UK interest rates in May and solid UK ecostats, the British Pound to Euro (GBP/EUR) exchange rate fell from its weekly highs towards the end of the week. The Euro benefitted slightly from weakness in rivals like the Pound and US Dollar (USD). After modern gains from the pair...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Hawkish Remarks from BoE Ramsden

26 Feb 2018 at 4 PM - Written by Minesh Chaudhari

Pound Euro (GBP/EUR) Exchange Rate Fluctuates amid Hawkish Remarks from BoE Ramsden
BoE Deputy Governor Ramsden Points to Earlier-than-Expected Rate Hike – GBP/EUR Exchange Rate Climbs The Pound Euro (GBP/EUR) exchange rate fluctuated on Monday, surging in the morning as markets reacted to hawkish comments from Bank of England (BoE) Deputy Governor Dave Ramsden, before suddenly paring recent gains into the afternoon....

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Down as UK GDP and Business Investment Readings Disappoint

22 Feb 2018 at 1 PM - Written by Minesh Chaudhari

Pound Euro (GBP/EUR) Exchange Rate Down as UK GDP and Business Investment Readings Disappoint
UK Growth Revised Down – Pound Euro (GBP/EUR) Exchange Rate Slides The Pound Euro (GBP/EUR) exchange rate fell on Thursday, limited by news that the British economy has grown at a steadier rate than anticipated in recent months. According to readings from the Office for National Statistics the UK’s GDP growth slipped to 0.4% in the...

CATEGORIES: Pound Euro Forecasts

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