Foremost Currency Group

Make the most of your currency

Talk to our friendly team:+44 (0)1442 892060

Currency News

GBP/CAD Surges as UK Inflation Beats Expectations

Written by Michael Vaughan on Wednesday, September 13, 2017. Foremost Currency News - Sterling / CAD

Yesterday’s high: C$1.6126 Yesterday’s low: C$1.5936 Pound Rockets Higher Against the Canadian Dollar as CPI Figures Impress The Pound leapt by around half a cent against the Canadian Dollar on Tuesday following the release of the UK’s latest CPI data as inflation surged from 2.6% to 2.9% in August, matching the four-year high struck in…(read more)

GBP/AUD Touches Weekly High as Australian Growth Underwhelms

Written by James Baxter on Thursday, September 7, 2017. Foremost Currency News - Sterling / AUD

Yesterday’s high: AU$1.6387 Yesterday’s low: AU$1.6264 Australian Growth Data Underwhelms AUD Traders An underwhelming Australian growth report weighed on Australian Dollar demand for most of Wednesday’s session, helping the GBP/AUD exchange rate advance. Q2’s Australian Gross Domestic Product (GDP) results came in at 0.8% quarter-on-quarter and 1.8% year-on-year. However, due to recently strong data, some…(read more)

CAD/GBP Outlook: Rise Possible on UK Sales Stats

Written by Michael Vaughan on Thursday, August 17, 2017. Foremost Currency News

Yesterday’s high: C$1.6586 Yesterday’s low: C$1.6495 Canadian Dollar Advances on US Uncertainty While there was no Canadian data to focus on yesterday, the Canadian Dollar was still able to appreciate against the Pound. The advance was largely triggered by the depreciation of the US Dollar, which came amid uncertainty about the content of the Federal…(read more)

Will GBP/CAD Recover from Tuesday Plunge?

Written by Michael Vaughan on Wednesday, July 19, 2017. Currency News - Foremost Currency News - Sterling / CAD

Yesterday’s high: C$1.6612 Yesterday’s low: C$1.6373 Canadian Dollar Benefits from Pound Selloff GBP/CAD plummeted yesterday as investors sold off the Pound in reaction to the latest UK inflation results. UK inflation was expected to remain at a high 2.9% in June but instead slowed to 2.6% year-on-year. This shifted Bank of England (BoE) policy speculation,…(read more)

GBP/AUD Plummets on RBA Minutes

Written by James Baxter on Tuesday, July 18, 2017. Currency News - Foremost Currency News - Sterling / AUD

Today’s high: AU$1.6770 Today’s low: AU$1.6536 Pound loses over 1% Against Australian Dollar The Australian Dollar soared following the release of minutes from the Reserve Bank of Australia’s (RBA) last policy meeting, with references to an ‘appropriate neutral interest rate’ indicating to some that the central bank is contemplating increasing borrowing costs. The GBP/AUD exchange…(read more)

GBP/USD Falls Back from 10-Month High

Written by Arron Morris on Tuesday, July 18, 2017. Currency News - Foremost Currency News - Sterling / USD

Yesterday’s high: $1.3111 Yesterday’s low: $1.3048 US Dollar Recovers from Worst Levels While the US Dollar plummeted on Friday in reaction to poor US inflation figures, USD exchange rates spent the start of the week edging slightly higher. The US Dollar strengthened against the Pound (rising to £0.7663) and fluctuated against the Euro (briefly hitting…(read more)

Will GBP/CAD Keep Recovering Losses?

Written by Michael Vaughan on Tuesday, July 18, 2017. Currency News - Foremost Currency News - Sterling / CAD

Yesterday’s high: C$1.6586 Yesterday’s low: C$1.6495 Rising Oil Prices Fail to Keep CAD Buoyed The Canadian Dollar fell from a 14-month high against the US Dollar and failed to retain its recent strength against the Pound on Monday despite oil prices remaining firm. Oil futures were able to retain last week’s gains thanks to a…(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)

© Copyright 2013 to 2018 | Foremost Currency Group Ltd | All rights reserved