Latest Currency News Continued - page 7
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GBP to AUD Exchange Rate Sheds Half a Cent amid Risk-On Rally
25 Feb 2019 at 4 PM - Written by Minesh Chaudhari
STORY LINK 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 to poor Australian news, GBP/AUD spent most of last week climbing and surged from the...
CATEGORIES: Pound Australian Dollar Forecasts
Pound New Zealand Dollar (GBP/NZD) Exchange Rate Muted as NZ Credit Card Spending Leaps
22 Feb 2019 at 12 PM - Written by Frank Davies
STORY LINK Pound New Zealand Dollar (GBP/NZD) Exchange Rate Muted as NZ Credit Card Spending Leaps
Rising NZ Credit Card Spending Fails to Boost Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate
A sharp surge in New Zealand credit card spending failed to weigh on the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate ahead of the weekend.
Even though card spending leapt 6.9% on the year in January this was not enough to shore up the risk-sensitive New Zealand Dollar on Friday.
With confidence in the...
CATEGORIES: Pound New Zealand Dollar Forecasts
Pound to the Euro Rate Today - ?/? Slides despite Doused German Business Confidence
22 Feb 2019 at 11 AM - Written by Toni Johnson
STORY LINK Pound to the Euro Rate Today - ?/? Slides despite Doused German Business Confidence
- The Pound to the Euro exchange rate @ €1.15153 today.
- The Euro to Pound Sterling exchange rate @ £0.86841 today.
- Sterling holds weekly gains on Brexit deal hopes.
At the end of the week, the British Pound to Euro (GBP/EUR) exchange rate slipped back from its weekly highs despite some underwhelming Eurozone data.
GBP/EUR was on track to have sustained most of this week’s gains regardless though, on hopeful...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Public Finances Hit Record Surplus
21 Feb 2019 at 1 PM - Written by John Cameron
STORY LINK Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Rises as UK Public Finances Hit Record Surplus
Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises on Record High UK Public Finances Surplus
This morning the Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4%, and the pairing is currently trading at an inter-bank rate of CA$1.7248.
Data this morning revealed that public finances hit a record surplus of £14.9B in January due to a surge in income tax payments.
This marked the strongest January since records...
CATEGORIES: Pound Canadian Dollar Forecasts
GBP to USD Exchange Rate near February Best Despite Generally Optimistic Federal Reserve
21 Feb 2019 at 11 AM - Written by Ben Hughes
STORY LINK GBP to USD Exchange Rate near February Best Despite Generally Optimistic Federal Reserve
While market demand for the US Dollar was a little stronger since last night’s Federal Reserve meeting minutes report, the British Pound to US Dollar (GBP/USD) exchange rate held near its best levels today. The Pound found support from fresh Brexit speculation and some stronger than expected UK data.
Since opening this week at the level of 1.2893, GBP/USD has trended with an upside bias. GBP/USD edged higher at the beginning...
CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts
British Pound (?) to Euro (?) Exchange Rate: GBP/EUR Slips as Fresh UK Political Jitters Weigh
20 Feb 2019 at 4 PM - Written by Tim Boyer
STORY LINK British Pound (?) to Euro (?) Exchange Rate: GBP/EUR Slips as Fresh UK Political Jitters Weigh
The Brexit speculation and hopes that gave the British Pound to Euro (GBP/EUR) exchange rate a leg up yesterday quickly lightened today, as the pair slipped from its best levels. Fresh political uncertainties emerged in Britain too, putting further pressure on the Brexit-embattled Pound.
Could GBP/EUR be in for a bigger shift in trajectory this week? Since opening the week at the level of 1.1414, GBP/EUR has generally trended...
CATEGORIES: Daily Currency Updates Pound Euro Forecasts
Pound to New Zealand Dollar Exchange Rate Live: GBP/NZD Struggles Following Tory Resignations
20 Feb 2019 at 4 PM - Written by John Cameron
STORY LINK Pound to New Zealand Dollar Exchange Rate Live: GBP/NZD Struggles Following Tory Resignations
The Pound New Zealand Dollar (GBP/NZD) exchange rate has fluctuated over the course of the session, with the pairing currently trading in the region of NZ$1.8960.
Today’s headlines have been full of the news that three members of Prime Minister Theresa May’s Party have resigned to join an independent group set up by former Labour MPs.
In a letter addressed to the PM, MPs Anna Soubry, Sarah Wollaston and Heidi Allen...
CATEGORIES: Pound New Zealand Dollar Forecasts