Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
    eg: USDCAD, GBP/EUR, AUD to USD, 500 Pound to Yen, 15K Dollar Peso, Send Japan

    Michael Moran  Author: Michael Moran

    Mike is a forex professional with many years of trading, selling and mentoring in the currency markets. His career as a Forex trader has given him first hand experience in bank trading rooms in many Asian centres (Sydney, Hongkong, Singapore, Manila and Tokyo). Mike now enjoys working on the retail side of FX providing valuable insights via educating and writing currency research.


    Oil drop hits loonie and peso – FX Volatility returns

    Volatility returned to the currency markets last week with the Australian and New Zealand Dollar falling the hardest against the Greenback (both down 1W -3.0%).

    RBNZ seen to be the first to hike rates – Boosts Kiwi dollar

    Speculation abounds on whether the RBNZ will be the first to hike rates, this helped the NZD to rise to 1 year highs versus the Aussie dollar.

    USD boosted by unexpectedly strong job creation in July

    Last week’s big event was the strong US Non-Farms Payrolls report for July.

    Pound bounces back – Aussie at Lows on Pandemic lockdowns

    The British Pound GBP was a mover and shaker last week, hitting HIGHS against both the USD (30-DAY), EUR (90-DAY) and other major FX.

    Pound weak on Uncertain Way Out from Lockdown – CAD and USD strong

    Way out

    The way out from the UK’s experiment of lifting most lockdown measures is far from certain.

    NZ and Canada central banks shift outlooks

    Currency markets move when both the Reserve Bank of New Zealand and the Bank of Canada shift on their bond buying plans and interest rate outlooks.

    Aussie volatile on Delta outbreak – Greenback weaker

    The growth outlook for the Australian economic became pessimistic when more lockdowns were announced due to rising COVID-19 cases in Sydney.

    Jobs Report – US dollar Buy Rumour Sell Fact

    US Non-Farm Payrolls report was a mixed result - the Unemployment Rate moved higher but Wages slipped.

    Interest Rates and Currencies – Exploring the Relationship

    When you read about Exchange Rate forecasts you often also read about Interest Rate predictions. But what is the connection? In this article we explore the relationship between Interest Rates and Currencies.

    Fed inflation divisions pulls back US dollar

    US Dollar Currency News and Forecast Federal Reserve

    Fed Officials mixed opinions following last week’s hawkish bent reduces markets perception of sooner rate rises.

    US Fed growth forecasts upsets currency markets

    US Dollar Exchange Rate News and Forecasts Currency USD

    Last week the US Federal Reserve moved its growth forecasts higher and brought forward the timing of its interest rate hikes to 2023.

    European Central Bank casts no fresh clues

    ECB

    Review of Currency Market trends and news from last week.

     
    Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.