United States Dollar – Wed Aug 24: USD Up vs EUR, CAD, AUD, MXN, JPY & INR and Down vs GBP & PHP.

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Wednesday Aug 24th 10:35 EDT – The United States Dollar is today up 0.53% against the Euro, up 0.33% against the Canadian Dollar, up 0.26% against the Australian Dollar, down -0.49% against the British Pound Sterling, up 1.41% against the Mexican Peso, up 0.2% against the Japanese Yen, up 0.06% against the Indian Rupee and down -0.1% against the Philippine Peso; read on for market news & views, USD cross rates, trends & charts. View article >

Pound Gaining Vs Euro, US Dollar as Rally Continues

Pound Sterling

GBP/USD 1 Week Chart
Although the BBA Loans for House Purchase measure weakened in July this failed to particularly dent the buoyant Pound. The bias for Sterling remains to the downside but the currency is currently enjoying an uptrend against the Euro, US Dollar and Australian Dollar. The GBP/EUR exchange rate advanced to a high of 1.17.

Euro

Despite German exports having come in stronger than predicted in the second quarter this was not enough to boost the single currency on Wednesday. View article >

United States Dollar – Tue Aug 23: USD Up vs PHP and Down vs EUR, AUD, GBP, MXN, JPY & INR.

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Tuesday Aug 23rd 10:35 EDT – The United States Dollar this morning is down -0.08% against the Euro, even against the Canadian Dollar, down -0.24% against the Australian Dollar, down -0.34% against the British Pound Sterling, down -0.46% against the Mexican Peso, down -0.26% against the Japanese Yen, down -0.1% against the Indian Rupee and up 0.19% against the Philippine Peso; read on for market news & views, USD cross rates, trends & charts. View article >

New Zealand Dollar Rallies on Less Dovish RBNZ Comments, Pound Remains Bullish

Pound Sterling

GBP/USD 1 Week Chart
A fresh warning from estate agency Countrywide over the outlook of the UK housing market failed to return the Pound to a weaker footing at the start of the week. While the bias for Sterling is undeniably to the downside, the mood towards the weakened currency has remained optimistic in recent days, with the negative impact of the Brexit vote appearing muted. View article >

United States Dollar – Mon Aug 22: USD Up vs EUR, CAD, MXN, JPY, INR & PHP and Down vs AUD & GBP.

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Monday Aug 22nd 10:35 EDT – The United States Dollar starts the week up 0.14% against the Euro, up 0.55% against the Canadian Dollar, even against the Australian Dollar, down -0.22% against the British Pound Sterling, up 0.26% against the Mexican Peso, up 0.15% against the Japanese Yen, even against the Indian Rupee and up 0.15% against the Philippine Peso; read on for market news & views, USD cross rates, trends & charts. View article >

Fed Hike Speculation Continues to Shore up US Dollar

Pound Sterling

GBP/USD 1 Week Chart
Despite faltering ahead of the weekend the Pound returned to stronger form on Monday morning. This more optimistic mood appears to be the result of a survey from accountancy firm EY, who noted that the City is in a less negative mood following the EU referendum. As a result investors were inclined to view the impact of the Brexit vote as having been more limited than forecast, encouraging hopes that the UK economy will avoid a hard landing as a result of recent uncertainty. View article >

United States Dollar – Fri Aug 19: USD Up vs CAD, AUD, GBP, MXN, INR & PHP.

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Friday Aug 19th 10:35 EDT – The United States Dollar is today even against the Euro, up 0.75% against the Canadian Dollar, up 0.75% against the Australian Dollar, up 0.76% against the British Pound Sterling, up 1.1% against the Mexican Peso, even against the Japanese Yen, up 0.37% against the Indian Rupee and up 0.19% against the Philippine Peso; read on for market news & views, USD cross rates, trends & charts. View article >

Risk Appetite Falters Despite Strong Oil Prices, Pound Struggles to Maintain Bullishness

Pound Sterling

GBP/USD 1 Week Chart
The Pound edged down from Friday’s highs before the weekend. Another positive UK result came from the July Public Sector Net Borrowing report, as the government was shown to have run a surplus of 1.47 billion Pounds. However, July is usually one of the strongest months for tax receipts and the figure is generally prone to revision. View article >

United States Dollar – Thu Aug 18: USD Down vs EUR, CAD, AUD, GBP, MXN, JPY & PHP.

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Thursday Aug 18th 10:35 EDT – The United States Dollar is today down -0.37% against the Euro, down -0.4% against the Canadian Dollar, down -0.51% against the Australian Dollar, down -1.01% against the British Pound Sterling, down -0.54% against the Mexican Peso, down -0.07% against the Japanese Yen, even against the Indian Rupee and down -0.13% against the Philippine Peso; read on for market news & views, USD cross rates, trends & charts. View article >

Brexit Worries Diminished Further as Pound Rallied on Strong Retail Sales

Pound Sterling

GBP/USD 1 Week Chart
Demand for the Pound continued to strengthen on Thursday morning thanks to the July Retail Sales data also bettering forecast. Markets had expected to see consumption holding steady on the year at 3.9%, leading to a strong Sterling uptrend when the figure instead clocked in at a robust 5.4%. Good summer weather helped to drive consumer spending, although the measure also seemed to indicate a more minimal immediate impact from the Brexit vote. View article >

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