Latest Articles by Minesh Chaudhari

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

GBP to AUD Exchange Rate Avoid Losses despite BoE Bets as US-China Trade Uncertainties Persist

15 Jan 2020 at 3 PM - Written by Minesh Chaudhari

GBP to AUD Exchange Rate Avoid Losses despite BoE Bets as US-China Trade Uncertainties Persist
Despite Bank of England (BoE) interest rate cut bets continuing to rise in reaction to the latest UK data and general market optimism over recent geopolitical developments, the British Pound to Australian Dollar (GBP/AUD) exchange rate is advancing again today. The Australian Dollar is tumbling amid market disappointment that the US-China...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to AUD Exchange Rate Troughs Ahead of Key Australian Job Market Report

18 Dec 2019 at 3 PM - Written by Minesh Chaudhari

GBP to AUD Exchange Rate Troughs Ahead of Key Australian Job Market Report
As the Pound continues to shed its recent gains amid reignited hard Brexit fears, the British Pound to Australian Dollar (GBP/AUD) exchange rate has shed last week’s weekly gains. The Australian Dollar has seen more mixed movement, steadying as markets highly anticipate key Australian job market data due for publication tomorrow. Meanwhile,...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to CAD Exchange Rate Surges on Surprise Shift from UK Brexit Party’s Election Stance

11 Nov 2019 at 3 PM - Written by Minesh Chaudhari

GBP to CAD Exchange Rate Surges on Surprise Shift from UK Brexit Party’s Election Stance
The British Pound to Canadian Dollar (GBP/CAD) exchange rate saw significant pressure from US-China trade hopes and developments last week, despite the Canadian Dollar being pressured by fresh signs of weakness in Canadian data. This week so far though, relief about Britain’s economy, as well as a boost to the perceived chances of a...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Drops from Weekly Highs on US Non-Farm Payrolls

1 Nov 2019 at 1 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Drops from Weekly Highs on US Non-Farm Payrolls
Despite a lack of highly optimistic UK news in the past week, the British Pound to US Dollar (GBP/USD) exchange rate has seen firm gains and has even recovered much of the previous week’s losses due to concerns about uncertainty in the Federal Reserve outlook. The Fed’s tone was mixed last week, as it indicated it may not cut rates again...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Struggles as Canada Heads to the Polls for Federal Election

21 Oct 2019 at 5 PM - Written by Minesh Chaudhari

GBP to CAD Exchange Rate Struggles as Canada Heads to the Polls for Federal Election
Following a strong week for the British Pound to Canadian Dollar (GBP/CAD) exchange rate, this week could be poised to be even more hectic with the fate of the Brexit process and Canada’s 2019 Federal Election taking place. Amid these uncertainties, investors were hesitant to move too much on either the Pound or the Canadian Dollar and the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate May See Further Losses if No-Deal Brexit Fears Deepen

30 Aug 2019 at 12 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate May See Further Losses if No-Deal Brexit Fears Deepen
As August draws to an end, investors digest the current outlooks for global economic outlooks and politics and the British Pound to US Dollar (GBP/USD) exchange rate has been weaker as a result. Investors were hesitant to move too much on the British currency today as the week’s Brexit developments continued to weigh, while the US Dollar...

CATEGORIES: Pound Dollar Forecasts

GBP to JPY Exchange Rate Rebound Limited as Yen Surges on Safe Haven Demand

15 Aug 2019 at 2 PM - Written by Minesh Chaudhari

GBP to JPY Exchange Rate Rebound Limited as Yen Surges on Safe Haven Demand
Following the British Pound to Japanese Yen (GBP/JPY) exchange rate’s tumble on fresh global recession speculation last night, the pair has rebounded this morning. Still, the Pound has been unable to sustain strong gains as the Japanese Yen continues to benefit from market demand for safe haven assets. Since opening this week at the...

CATEGORIES: Pound Yen Forecasts

EUR to USD Exchange Rate Avoids Major Losses despite US Dollar’s Pre-G20 Rebound

27 Jun 2019 at 4 PM - Written by Minesh Chaudhari

EUR to USD Exchange Rate Avoids Major Losses despite US Dollar’s Pre-G20 Rebound
While some investors have been buying the US Dollar back from its lows this week, supported by US-China trade hopes and speculation that the Federal Reserve may become less dovish than previously thought, the Euro to US Dollar (EUR/USD) exchange rate has avoided significant losses. This has been due to overall US Dollar weakness, as well as...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to USD Exchange Rate Recovers from Monday Slump as Fed Rate Cut Bets Persist

12 Jun 2019 at 12 PM - Written by Minesh Chaudhari

GBP to USD Exchange Rate Recovers from Monday Slump as Fed Rate Cut Bets Persist
Despite broad uncertainties about the Brexit process and how it will influence the outlook for UK politics and the economy, the British Pound to US Dollar (GBP/USD) exchange rate has recovered from this week’s lows as the US Dollar remains comparatively less appealing than the Pound this week. Rising Federal Reserve interest rate cut bets...

CATEGORIES: Forecasts

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