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Currency News

NZD currency update: rate remains relatively flat

Written by Joe Mayhew on Friday, February 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD remained relatively subdued over the last 24 hours, remaining within a 1 cent range between $1.73 and $1.74.,/strong> With no data from the UK or New Zealand today it’s likely to remain flat. On Monday however we have Trade Balance data from NZ…(read more)

AUD currency update: GBP/AUD rose modestly

Written by James Baxter on Friday, February 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD rose modestly yesterday as the pound made decent gains across the board yesterday afternoon, despite the lack of any significant data from the UK. As a result, GBP/AUD rose from 1.62 to the mid-high 1.62’s, where it sits this morning. A speech from RBA governor,…(read more)

Sterling Up

Written by Jack Wiles on Friday, February 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Jack Wiles Currency Broker T: 01442 892073 On Tuesday there was a rather sizeable surge in sterling crosses with the UK currency gaining just over 1% across the board. This movement was attributed to the Head of the Bank of England, Mark Carney, backing the bank’s plans post Brexit and the news from an Elabe…(read more)

NZD currency update: sterling becomes the de facto safe haven currency

Written by Joe Mayhew on Thursday, February 23, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD rose to highs of $1.74 yesterday, as sterling became the de facto safe haven currency in light of political concerns in Europe following gains for Marine Le Pen. However as is often the case, the gains were short lived as investors took profits…(read more)

AUD currency update: GBP/AUD remains fairly range-bound

Written by James Baxter on Thursday, February 23, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD remained fairly range-bound yesterday, hovering around the 1.62 mark, despite better than expected GDP figures from the UK yesterday morning. There are no data releases to note from either country today so market movement is likely to be the result of political developments rather than…(read more)

The U.S. dollar gains across the board

Written by Arron Morris on Wednesday, February 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 Over the course of today we have seen the U.S. dollar gain against a number of its counterparts, as investors wait for the release of tonight’s Federal Reserve meeting minutes for clues over the pace of future interest rates. If the meeting minutes support…(read more)

Strengthening pound pushes GBP/CAD rates up

Written by Mr R Beaumont on Wednesday, February 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / CAD

Written by: Richard Beaumont T: 01442 892 060 The pound has gained ground against the Loonie over the past twenty four hours. The UK inflation hearing was seen as positive and the BoE hinted they are happy to let inflation rise above their 2% target, but only so far before raising interest rates. GBP/CAD exchange…(read more)

AUD currency update: fairly choppy night for GBP/AUD

Written by James Baxter on Wednesday, February 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD was fairly choppy yesterday but remained within a one cent range and opens this morning unchanged over the last 24 hours. The pound initially gained ground against the Aussie dollar but the Australian currency strengthened overnight after a speech by Reserve Bank of Australia governor,…(read more)

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