Wednesday, August 15, 2018

Italian political issues appear to be the main driver for currencies so far this...

The week so far has seen quite a lot of volatility for Sterling exchange rates, however the reasons for the Pound moving against most major currencies are not down to political or economic data...

Will the Pound to Australian Dollar rate now remain below 1.80, and which factors...

After opening above the 1.80 mark yesterday, the pair have since fallen below this benchmark and they're currently trading in the 1.79's. There doesn't appear to be as much resistance/support around this level in the...

Could the Pound fight back vs the Australian Dollar towards the end of the...

The Pound has made some small gains vs the Australian Dollar during today's trading session after UK wage growth increased at an annual rate of 2.9% during the first quarter of this year. The data...

What may the Bank of England interest rate decision lead to for Sterling exchange...

Following a reasonably quiet start to the week for U.K economic data anyone with a requirement to exchange Sterling into another currency or to exchange another currency back into Sterling may wish to keep...

Will the Bank of England raise interest rates? This will be key for Sterling...

The key to the performance of the Pound in the next few weeks will be the likelihood of an interest rate hike, which has dipped a little over the past week. Bank of England Governor...
Sterling on shaky ground

The Fragility of the Pound has been Exposed (Daniel Johnson)

BOE Rate hike could be delayed The Pound has suffered over the last two days of trading. We saw strong gains earlier in the week, hitting highs against several major currencies. GBP/EUR hit 1.1599 for...

Sterling awaits unemployment and average earnings figures today in a change to the usual...

This morning we have the release of unemployment and average earnings figures for the U.K in a slight change to the usual schedule, as these figures have been released on Wednesday historically for many...

Sterling spikes against most majors – A good week for the Pound but will...

Sterling spiked against all major currencies in trading yesterday afternoon, hitting the highest point since June 2017 against the Euro and offering those looking to buy foreign currency in the near future a fantastic...

Pound forecast for the week ahead – Economic data due out this week

There are a number of data releases of note this week so I thought I would outline the highlights below. Overnight tonight we will have the release of BRC like for like Retail sales data...

Will Sterling exchange rates have a good April? Previous trends say yes but will...

The Pound made reasonable gains against most majors throughout March and I now have many clients in the middle of overseas property purchases asking if the strength in the Pound will continue, if previous...