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Latest Currency News Continued - page 8

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Latest Currency News Headlines

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Rises Ahead of US Federal Reserve Interest Rate Decision

31 Jul 2019 at 1 PM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as Shanghai Talks End Without Signs of a Breakthrough The Pound Sterling South African Rand (GBP/ZAR) exchange rate edged up and the pairing is currently trading at an inter-bank rate of R17.3140. The Rand was left under pressure on Wednesday following a fresh wave of US-China trade pessimism. This week’s talks between US and Chinese officials in Shanghai ended with...

CATEGORIES: Pound Rand Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as NZ Business Confidence Falls to Lowest Since 2009

31 Jul 2019 at 12 PM - Written by John Cameron

GBP/NZD Exchange Rate Improves NZ Economic Outlook Deteriorates The Pound New Zealand Dollar (GBP/NZD) exchange rate edged higher today, leaving the pairing trading around NZ$1.841. The New Zealand Dollar (NZD) fell against the Pound (GBP) following this morning’s publication of the ANZ Activity Outlook figures for July, which fell below consensus from 8.0% to 5.0%. Today also saw the publication of the ANZ Business...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

GBP to ZAR Exchange Rate Near Yearly Worst after Failing to Recover from No-Deal Brexit Inspired Plummet

30 Jul 2019 at 5 PM - Written by Frank Davies

Following months of controversy and a recently unveiled government bailout program for South Africa’s embattled energy firm Eskom, the company’s latest financials were published today and helped to keep pressure on the British Pound to South African Rand (GBP/ZAR) exchange rate following yesterday’s board plummet. Sterling remains highly unappealing as no-deal Brexit fears dominate the outlook. Last week saw the South...

CATEGORIES: Pound Rand Forecasts

Pound Sterling US Dollar (GBP/USD) Exchange Rate Plummets to 28-Month Low

30 Jul 2019 at 11 AM - Written by John Cameron

No-Deal Brexit Fears Send Pound US Dollar (GBP/USD) Exchange Rate to 28-Month Low The Pound Sterling US Dollar (GBP/USD) exchange rate hit a 28-month low overnight as Brexit pessimism increased. The pairing is currently trading at an inter-bank rate of $1.2186. The Pound plummeted as fears the UK is headed for a chaotic no-deal Brexit increased. Sterling losses accelerated since Boris Johnson became Prime Minister as...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand (GBP/NZD) Exchange Rate Sinks as UK-EU Tensions Mount on No-Deal Brexit Fears

29 Jul 2019 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Falls as UK Government Works on ‘Assumption’ of No-Deal The Pound New Zealand (GBP/NZD) exchange rate fell by -0.6% today, leaving the pairing trading around NZ$1.8511. The Pound (GBP) sank against the New Zealand Dollar (NZD) as no-deal Brexit fears rose following comments from Michael Gove, the former Environment Secretary, who said that the UK Government is now ‘working on the assumption’ of a...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

‘Real Prospect’ of No-Deal Brexit Causes Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate to Slide

29 Jul 2019 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls as Raab Demands ‘Undemocratic’ Backstop be Scrapped The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped by around 0.5% this morning. The pairing is currently trading at an inter-bank rate of AU$1.7820. Sterling slumped against a handful of currencies as investors became increasingly worried the risk of a no-deal Brexit increased. Michael...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Swiss Franc Exchange Rate News: GBP/CHF Slumps to Two-Year Low as UK Government Working on the ‘Assumption of a No-deal Brexit’

29 Jul 2019 at 11 AM - Written by John Cameron

Pound (GBP) Bludgeoned by No-deal Brexit Fears The Pound (GBP) beat a hasty retreat against the Swiss Franc (CHF) and the majority of its other peers at the start of this week as markets reacted to the latest Brexit comments made by members of Boris Johnson’s new cabinet. This was initially sparked by comments made by Michael Gove in the Sunday Times over the weekend in which the newly appointed chancellor of the Duchy of...

CATEGORIES: Pound Swiss Franc Forecasts

GBP to AUD Exchange Rate Rebound Continues on Reserve Bank of Australia Jitters

26 Jul 2019 at 1 PM - Written by David Woodsmith

After seeing steep losses for most of the past month, the British Pound to Australian Dollar (GBP/AUD) saw a solid rebound this week. As investors bought the Brexit battered Pound back from its cheapest levels in profit taking, it was able to benefit from broad weakness in the Australian Dollar as Reserve Bank of Australia (RBA) interest rate cut bets rose. GBP/AUD opened the week at the level of 1.7754, and after a brief slip...

CATEGORIES: Pound Australian Dollar Forecasts

September ECB Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat

26 Jul 2019 at 1 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Muted as 2019 Eurozone Rebound ‘Less Likely’ The Euro US Dollar (EUR/USD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of $1.1131. On Thursday, the European Central Bank (ECB) left interest rates unchanged as widely expected. The decision not to slash rates to an all-time low likely provided the single currency with an upswing of support...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as US-China Trade Tensions Return

25 Jul 2019 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as Dovish RBA Fails to Uplift ‘Kiwi’ The Pound New Zealand Dollar (GBP/NZD) exchange rated edged higher today, leaving the pairing trading around NZ$1.8679. The New Zealand Dollar (NZD) fell against Sterling (GBP) failed to benefit from comments from the Reserve Bank of Australia Governor Philip Lowe, who said that he’d be prepared to ease monetary policy if required. Mr Lowe...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts