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Currency News

GBP/USD edges lower ahead of Fed minutes

Written by Mr R Beaumont on Wednesday, May 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Written by Arron Morris Senior Currency Broker T: 01442 892 065 The GBP/USD cross has fallen around half a per cent today, with the currency pair slipping from $1.30 to $1.2935. GBP/USD exchange rate graph The pound lost ground after markets wait for the Federal Reserve meeting minutes and more information surrounding the UK election….(read more)

AUD currency update: GBP/AUD at its best rate for 9 months

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD is currently at 1.74 mid-market, which is around the best we’ve seen this pair in 9 months, and a good 15 cents higher than just a few months ago. EUR/AUD is also at its best since last June as the single currency has gained strength…(read more)

NZD currency update: Kiwi manages to hold onto gains

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi managed to hold onto the gains it had made against the pound, with the pair still trading in the mid 1.84’s. Better than expected Trade Balance Figures from New Zealand managed to cement this movement. Tomorrow New Zealand will release their annual…(read more)

NZD currency update: “From zero to hero”

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Sterling lost significant ground against the Kiwi over the past 24 hours as it opened yesterday’s trading session at 1.8740, to open the London session this morning at 1.8456. This was caused by the awful terrorist attack that took place in Manchester overnight. Kiwi…(read more)

NZD currency update: Kiwi dollar outperforms counterparts

Written by Joe Mayhew on Monday, May 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar managed to outperform a number of its counterparts during last night’s Asian trading session. There were no apparent catalysts for the move; however, risk-appetite had seemed to have picked up- which may have accounted for the progress in commodity-currencies like the…(read more)

AUD currency update: GBP/AUD trading within a tight range after markets reopen

Written by James Baxter on Monday, May 22, 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 tight range this morning after markets reopened following the weekend break. There are no data releases to note from either country today so we may be in for a quiet start to the week for the currency pair. In fact, it…(read more)

Sterling Gains Ground After Better Than Anticipated Retail Sales Data

Written by Jimi Boake on Monday, May 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Jimi Boake Currency Broker T: 01442 892 060 Sterling managed to gain significant ground on Thursday after far better than anticipated retail sales data. The figure came in at 2.3% significantly beating the forecast of 1.2% which saw the pound rally against the euro and the dollar as a result. Cable hit a…(read more)

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