Latest Articles by Minesh Chaudhari

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

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

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