Latest Currency News Continued - page 4
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Latest Currency News Headlines
Easing of US-China Trade Tensions Causes Pound Sterling South African Rand (GBP/ZAR) Exchange Rate to Slide
30 Aug 2019 at 12 PM - Written by John Cameron
STORY LINK Easing of US-China Trade Tensions Causes Pound Sterling South African Rand (GBP/ZAR) Exchange Rate to Slide
Pound South African Rand (GBP/ZAR) Exchange Rate Slides Ahead of ZA Trade Balance
The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped by around -0.6% on Friday morning.
The pairing is currently trading at an inter-bank rate of R18.5618.
The risk-sensitive Rand edged up thanks to China’s latest move which eased US-China trade tensions.
On Thursday, China stated it was willing to resolve the trade...
CATEGORIES: Pound Rand Forecasts
GBP to CAD Exchange Rate Slips amid Fresh Brexit and Bank of Canada (BoC) Speculation
29 Aug 2019 at 12 PM - Written by Tim Boyer
STORY LINK GBP to CAD Exchange Rate Slips amid Fresh Brexit and Bank of Canada (BoC) Speculation
Despite uncertainty over the sort of stance the Bank of Canada (BoC) will take at its September policy decision next week, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has failed to hold much of a recovery. The Canadian Dollar is benefitting from global risk-sentiment, as well as speculation that the BoC will have little reason to become more dovish, but upcoming Canadian growth data could prove highly...
CATEGORIES: Pound Canadian Dollar Forecasts
GBP to AUD Exchange Rate Volatile as UK and Australian Data Disappoint Investors
22 Aug 2019 at 12 PM - Written by James Fuller
STORY LINK GBP to AUD Exchange Rate Volatile as UK and Australian Data Disappoint Investors
Continuing the trend seen over the past couple of weeks, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been fluctuating broadly today as investors digest the latest ecostats and anticipate the possibility of major central bank news in the coming days. Currency war fears have also worsened over the past couple of days, which has worsened the overall pressure on the Australian Dollar.
While GBP/AUD ultimately...
CATEGORIES: Pound Australian Dollar Forecasts
Pound Swiss Franc (GBP/CHF) Exchange Rate Defies Downtrend as Safe-Haven Demand Falters
21 Aug 2019 at 3 PM - Written by Frank Davies
STORY LINK Pound Swiss Franc (GBP/CHF) Exchange Rate Defies Downtrend as Safe-Haven Demand Falters
Lack of Safe-Haven Demand Benefits Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate
As general market sentiment improved this helped to keep the Pound Sterling to Swiss Franc (GBP/CHF) exchange rate on a positive footing.
Weak levels of safe-haven demand dragged the Swiss Franc lower across the board on Wednesday, in spite of the latest signs of deterioration in the US-China trade relationship.
With investors betting on...
CATEGORIES: Pound Swiss Franc Forecasts