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Currency News

UK Gross Domestic Product figures weaken the pound

Written by Alistair Ryan on Friday, May 26, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Alistair Ryan Currency Broker T: +44 (0)1442 892061 It was a quiet day on the currency markets yesterday with sterling crosses moving within a tight range throughout the day. GBP/EUR rates peaked at 1.1566 before hitting a day low of 1.1528. GBP/USD rates followed a similar path, briefly touching 1.30 compared to a…(read more)

Sterling subdued after Manchester attack

Written by Adam Wiffen on Thursday, May 25, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Adam Wiffen Currency Broker T: +44 (0) 1442 892064 The Pound has stayed subdued since the Manchester terror attack at the start of this week. Many investors are now waiting for further development in Britain’s suspended election campaign before taking up their positions. Britain’s main political parties agreed to suspend campaigning until further notice following…(read more)

AUD Currency Update – Aussie dollar struggles during yesterdays trading

Written by James Baxter on Thursday, May 25, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 The Australian Dollar struggled during early trading yesterday after it was announced that Chinas credit rating had been cut by Moodys. This slowdown in China had a direct effect on one of Australias main exports, Iron Ore, which has been slowly losing value over the past…(read more)

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)

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