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Pound Improves as Election Jitters Calm, Ongoing Greek Worries Push Euro Lower

Pound Sterling GBP/USD 1 Week Chart Although opinion polls have indicated that the Conservative lead over Labour is continuing to narrow the Pound recovered some ground in the wake of the bank holiday weekend. While the outcome of the general election appears less assured than markets would have liked the odds still favour a victory... View article >
Posted on 30 May 2017 | 10:45 am GMT
Author: TorFX

New Zealand Dollar Is Best Performer in May but Big Bank Predicts Lower Value Ahead

Of the FX majors, the New Zealand dollar has been the best performer in May. At the end of yesterday’s New York session, with NZD/USD at 0.754, the pair is up 2.9% since May 1st. By comparison, the kiwi’s closest cousin, the Australian dollar, is down 0.5% against the US dollar. The New Zealand dollar... View article >
Posted on 30 May 2017 | 6:59 am GMT
Author: Joel Wright

Canadian Dollar – Mon May 29: CAD Down vs USD, MXN, AUD & GBP.

Canadian Dollar started the week down -0.07% against the United States Dollar, even against the Euro, down -0.14% against the Mexican Peso, even against the Indian Rupee, down -0.07% against the Australian Dollar, down -0.29% against the British Pound Sterling and even against the Philippine Peso. CAD 7 Day Cross-Rate Charts Read on for the... View article >
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Posted on 29 May 2017 | 9:16 pm GMT
Author: BER Research

Canadian Dollar – Fri May 26: CAD Up vs USD, EUR, MXN, AUD, GBP & PHP.

Canadian Dollar up 0.28% against the United States Dollar, up 0.6% against the Euro, up 0.2% against the Mexican Peso, even against the Indian Rupee, up 0.39% against the Australian Dollar, up 1.24% against the British Pound Sterling and up 0.12% against the Philippine Peso. CAD 7 Day Cross-Rate Charts Read on for the latest... View article >
Currency:
Posted on 26 May 2017 | 9:16 pm GMT
Author: BER Research

Canadian Dollar – Thu May 25: CAD Down vs USD, EUR, MXN, INR, GBP & PHP.

Canadian Dollar down -0.58% against the United States Dollar, down -0.5% against the Euro, down -0.06% against the Mexican Peso, down -0.74% against the Indian Rupee, even against the Australian Dollar, down -0.33% against the British Pound Sterling and down -0.77% against the Philippine Peso. CAD 7 Day Cross-Rate Charts Read on for the latest... View article >
Currency:
Posted on 25 May 2017 | 9:16 pm GMT
Author: BER Research

Loonie Flexing its Wings

The Canadian dollar is in demand. An ever-so-slightly hawkish Bank of Canada statement, ever-so-slightly doveish FOMC minutes, and a surge in oil prices combined to crush USDCAD.  It plunged from its pre-BoC perch of 1.3530 yesterday, to an overnight low of 1.3388. Profit taking and Opec meeting headlines lifted USDCAD to 1.3435 at the New... View article >
Posted on 25 May 2017 | 11:59 am GMT
Author: Agility Forex

Commodity Based Currencies Bolstered by Uptick in Oil Prices

 Sterling After a brief rally against the majority of its peers yesterday morning the Pound (GBP) tumbled by the afternoon over new Brexit concerns. Sterling’s weakness was prompted by a report from BlueBay Asset Management who told traders that they should bet against the Pound as they predict turbulent Brexit negotiations will cause it to... View article >
Posted on 25 May 2017 | 8:47 am GMT
Author: TorFX

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