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AUD Tumbles as RBA’s Debelle Quashes Hopes of Rate Hike

Pound Sterling (GBP) GBP/USD 1 Week Chart Yesterday’s June UK retail sales figures caused the Pound to slump – despite being much more positive than had been expected. Sales grew 0.9% on the month, against predictions of 0.5%, or 0.6% compared to forecasts of 0.4% if auto fuel sales are removed. However, combined with data... View article >
Posted on 21 July 2017 | 7:52 am GMT
Author: TorFX

British Pound Sterling – Thu Jul 20: GBP Down vs EUR, USD, CAD, AUD & NZD.

British Pound Sterling was down -1.36% against the Euro, down -0.39% against the United States Dollar, down -0.5% against the Canadian Dollar, down -0.4% against the Australian Dollar and down -1.15% against the New Zealand Dollar. GBP 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month GBP cross rate fluctuations, charts and... View article >
Currency:
Posted on 20 July 2017 | 9:04 pm GMT
Author: BER Research

Will EUR Get a Boost from ECB Meeting Today?

Pound (GBP) GBP/USD 1 Week Chart Appetite for the Pound was soft yesterday, as markets continued to digest UK inflation data and await this morning’s retail sales figures. If the reports do show the forecast recovery in sales during June, this will ease fears that the UK economy will not have been able to rebound... View article >
Posted on 20 July 2017 | 7:57 am GMT
Author: TorFX

British Pound Sterling – Wed Jul 19: GBP Up vs EUR and Down vs USD, CAD, AUD & NZD.

British Pound Sterling was up 0.18% against the Euro, down -0.15% against the United States Dollar, down -0.41% against the Canadian Dollar, down -0.65% against the Australian Dollar and down -0.3% against the New Zealand Dollar. GBP 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month GBP cross rate fluctuations, charts and... View article >
Currency:
Posted on 19 July 2017 | 9:04 pm GMT
Author: BER Research

USD Softens as Trump’s Failed Healthcare Bill Casts Doubts over Tax Plans

Pound Sterling (GBP) GBP/USD 1 Week Chart The Pound is largely weakening today as markets are reluctant to buy Sterling ahead of tomorrow’s retail sales data. The figures will give an indication of how consumer spending – a vital component of economic growth – is holding up. Any weakness here would suggest that strong inflation... View article >
Posted on 19 July 2017 | 1:32 pm GMT
Author: TorFX

When Non News is News

Summer markets are in full-swing.  There wasn’t any data of note in Asia or Europe and the uncertainty surrounding Thursday’s European Central Bank meeting left currencies in narrow ranges. Bloomberg published an article about the ECB “studying stimulus plan’s according to “unnamed sources” who said that it doesn’t mean a stimulus change is imminent.  News... View article >
Posted on 19 July 2017 | 11:44 am GMT
Author: Agility Forex

British Pound Sterling – Tue Jul 18: GBP Down vs EUR, USD, CAD, AUD & NZD.

British Pound Sterling was down -0.75% against the Euro, down -0.1% against the United States Dollar, down -0.71% against the Canadian Dollar, down -1.66% against the Australian Dollar and down -0.6% against the New Zealand Dollar. GBP 7 Day Cross-Rate Charts Read on for the latest 1-week and 3-month GBP cross rate fluctuations, charts and... View article >
Currency:
Posted on 18 July 2017 | 9:04 pm GMT
Author: BER Research

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