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Currency News

Commodity Correlated Currencies Surge amid Thin Trading Volumes

Written by David Worthington on Friday, December 29, 2017. Currency Market Watch - Currency News - Sterling / EUR

Pound News: GBP Subdued on Mixed Mortgage Data The Pound (GBP) held its ground against the majority of its peers on Thursday as investors reacted to some mixed mortgage figures from the UK. Data published by the British Bankers’ Association (BBA) revealed that, while mortgage approvals fell more than expected in November, year-on-year mortgage lending…(read more)

GBP/AUD Falls Further

Written by James Baxter on Friday, July 14, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen further over the last 24 hours despite there being no significant data releases from either country. The Aussie dollar has strengthened, along with the other commodity dollars, as investors favour risky assets over traditional safe-haven currencies, weakening the US dollar in the process….(read more)

Britain one step closer to severing ties with EU

Written by Adam Wiffen on Friday, July 14, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Adam Wiffen Currency Broker T: +44 (0) 1442 892064 Yesterday Britain published legislation to sever all political, financial and legal ties with the European Union, an important step towards their Brexit goals but one that which the opposition said it would challenge. The repeal bill is at the heart of the government’s plans to exit…(read more)

CAD drops after poor oil numbers

Written by David Bayliss on Thursday, July 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

David Bayliss Currency Broker T: 01442 892067 The Canadian Dollar suffered a volatile day against the Pound yesterday seeing swings of over 3 cents between the high and the low of the day. Starting the day’s trading in the high 1.65’s before breaking 1.66, finishing the day languishing in the high 1.63’s. This move can…(read more)

GBP/AUD Flat as Both Currencies Strengthen

Written by James Baxter on Thursday, July 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has traded within a fairly narrow range over the last 24 hours as both currencies have gained strength. The pound has benefitted from better than expected unemployment numbers released yesterday morning, while the Aussie has strengthened after strong Chinese trade numbers and a general weakening…(read more)

GBP/EUR rebounds to €1.13, again!

Written by David Bayliss on Thursday, July 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

David Bayliss Currency Broker T: 01442 892067 Sterling received a welcome boost yesterday with some better than expected job figures helping the Pound recover the losses it saw during Tuesday’s trading day. At 9:30am yesterday the UK released its Average Earning, Claimant Count and Unemployment rate all showing an improvement on the anticipated figures. The…(read more)

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