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Retail Sales Contraction Dents Pound, Euro Struggles Under Greek Debt Worries

Pound Sterling

GBP/USD 1 Week Chart
January’s UK retail sales report proved unexpectedly disappointing, setting the Pound on a bearish trend. Sales were found to have contracted -0.3% on the month, adding to the significant weakening in spending seen over the Christmas period. This suggested that consumer confidence has already begun to deteriorate, which could see economic growth slow significantly in coming months. View article >

Euro – Fri Feb 17: EUR Up vs USD, GBP, AUD, CAD & INR and Down vs CHF.

Categories: Euro, Market Updates
The Euro is today up 0.54% against the United States Dollar, up 0.45% against the British Pound Sterling, down -0.1% against the Swiss Franc, up 0.5% against the Australian Dollar, up 0.6% against the Canadian Dollar and up 0.65% against the Indian Rupee.
EUR Daily Rate Alerts
Read on for the latest 1-week and 3-month EUR cross rate fluctuations, charts and trends. View article >

Australian Dollar – Fri Feb 17: AUD Down vs USD, GBP, EUR, NZD, CNY, JPY & SGD.

The Australian Dollar is today down -0.25% against the United States Dollar, down -0.47% against the British Pound Sterling, down -0.72% against the Euro, down -0.08% against the New Zealand Dollar, down -0.48% against the Chinese Yuan, down -0.91% against the Japanese Yen and down -0.41% against the Singapore Dollar.
AUD Daily Rate Alerts
Read on for the latest 1-week and 3-month AUD cross rate fluctuations, charts and trends. View article >

New Zealand Dollar – Fri Feb 17: NZD Up vs AUD and Down vs USD, GBP, EUR, CNY & FJD.

The New Zealand Dollar is today down -0.17% against the United States Dollar, down -0.38% against the British Pound Sterling, down -0.64% against the Euro, up 0.07% against the Australian Dollar, down -0.4% against the Chinese Yuan and down -0.61% against the Fijian Dollar.
NZD Daily Rate Alerts
Read on for the latest 1-week and 3-month NZD cross rate fluctuations, charts and trends. View article >

United States Dollar – Thu Feb 16: USD Up vs INR and Down vs EUR, CAD, AUD, GBP, MXN & JPY.

The United States Dollar is today down -0.77% against the Euro, down -0.54% against the Canadian Dollar, down -0.57% against the Australian Dollar, down -0.69% against the British Pound Sterling, down -0.58% against the Mexican Peso, down -0.91% against the Japanese Yen, up 0.2% against the Indian Rupee and even against the Philippine Peso.
USD Daily Rate Alerts
Read on for the latest 1-week and 3-month USD cross rate fluctuations, charts and trends. View article >

Euro Holds Gains Despite Dovish ECB, US Dollar Falls Back on Risk Appetite

Pound Sterling

GBP/USD 1 Week Chart
In the absence of any fresh domestic data the Pound has managed to recover some of its lost ground, although any positive momentum has been somewhat limited. Investors have been encouraged to buy back into Sterling thanks to a lack of fresh Brexit developments, pushing GBP exchange rates generally higher. However, the Pound could come under renewed pressure ahead of the weekend if January’s retail sales figures point towards a reduced level of consumer spending. View article >

Canadian Dollar – Thu Feb 16: CAD Up vs USD, MXN, INR & PHP and Down vs EUR, AUD & GBP.

The Canadian Dollar is today up 0.61% against the United States Dollar, down -0.33% against the Euro, up 0.61% against the Mexican Peso, up 0.71% against the Indian Rupee, down -0.24% against the Australian Dollar, down -0.21% against the British Pound Sterling and up 0.58% against the Philippine Peso.
CAD Daily Rate Alerts
Read on for the latest 1-week and 3-month CAD cross rate fluctuations, charts and trends. View article >

Australian Dollar – Thu Feb 16: AUD Up vs USD, GBP, EUR, NZD, CNY, JPY & SGD.

The Australian Dollar is today up 0.74% against the United States Dollar, up 0.63% against the British Pound Sterling, up 0.47% against the Euro, even against the New Zealand Dollar, up 0.79% against the Chinese Yuan, up 0.53% against the Japanese Yen and up 0.63% against the Singapore Dollar.
AUD Daily Rate Alerts
Read on for the latest 1-week and 3-month AUD cross rate fluctuations, charts and trends. View article >

United States Dollar – Wed Feb 15: USD Up vs EUR, CAD, AUD, GBP, MXN, JPY, INR & PHP.

The United States Dollar is today up 0.63% against the Euro, up 0.46% against the Canadian Dollar, up 0.32% against the Australian Dollar, up 0.57% against the British Pound Sterling, up 0.18% against the Mexican Peso, up 0.95% against the Japanese Yen, up 0.16% against the Indian Rupee and up 0.12% against the Philippine Peso.
USD Daily Rate Alerts
Read on for the latest 1-week and 3-month USD cross rate fluctuations, charts and trends. View article >

Pound Slumps on Disappointing Wage Growth, Australian Dollar Remains on Strong Uptrend

Pound Sterling

GBP/USD 1 Week Chart
The appeal of the Pound was weakened further by the latest UK wage growth figures, which showed a more limited increase in average weekly earnings than forecast. Coupled with the sharp rise in inflationary pressure in January this suggested that consumer spending is likely to be increasingly squeezed in the coming months. As much of the recent strength of the domestic economy has been driven by consumers, this naturally prompted investors to sell out of the Pound, pushing it lower across the board. View article >
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