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Currency News

Dollar Makes Gains On The Back of Sterling Uncertainty

Written by Corey Hackett on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The Greenback made significant gains against the Pound on the back of expectations that British Prime Minister Teresa May will signal tomorrow that Britain will be most likely be leaving the single market as they seek to retake control back control of its immigration policy, with the market…(read more)

NZD currency update: pound loses significant ground against the Kiwi

Written by Joe Mayhew on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The pound lost significant ground against the Kiwi last night, as sterling fell dramatically during the Asian trading session on the back of the numerous articles and leaks that Theresa May will signal on Tuesday that Britain will be likely looking at a hard…(read more)

AUD currency update: GBP/AUD drops another 1.5%

Written by James Baxter on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has dropped another 1.5% over the last 24 hours as the pound continues losing ground as concerns mount over the UK’s potential ‘hard’ exit from the EU. As a result, sterling has dropped to a 31-year low against the US dollar and a 3-month low…(read more)

Supreme Court to Announce Their Decision This Week Regarding Invoking Article 50

Written by Tom Taylor on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Tom Taylor FX Manager T: +44(0)1442 892 074 This year has seen the pound pick up where it left off in 2016 with sterling slipping by almost 4 cents against the euro and almost 3 cents against the USD since the turn of the year. Without sounding like a broken record, the reason…(read more)

NZD currency update: Kiwi gains 2 cents against the pound

Written by Joe Mayhew on Friday, January 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The continuation of sterling weakness and USD’s recent loses combined with better than forecasted NZ retail card figures, led to the Kiwi gaining 2 cents against the pound over the course of yesterday’s trading session. There is no economic data from New Zealand scheduled…(read more)

AUD currency update: GBP/AUD falls another 1.25%

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

James Baxter Senior Currency Broker T: 01442 892 062 GBP/AUD has fallen another 1.25% over the last 24 hours as the pound continues losing ground across the board amid concerns over the UK’s potential hard exit from the European Union. Economic data from the UK has been fairly positive of late yet the pound continues…(read more)

Stormy Skies Reflect Stormy Markets

Written by Sebastien Coignac-Smith on Friday, January 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Sebastien Coignac-Smith Currency Broker T: +44 (0) 1442 892063 As the storms rolled in across the country yesterday markets were relatively calm for the majority of the trading session. With very little data out of the UK, and no political news headlines until the afternoon, the markets only had a couple of minor…(read more)

Dollar Loses Ground Against Major Competitors

Written by David Savage on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / USD

Corey Hackett Currency Broker T: 01442 892060 The dollar has continued to fall since President Elect Donald Trump’s press conference last night with the greenback falling to 1.0650 and 1.2200 against the Euro and Pound respectively. The Dollar managed to recover some of its loses against Sterling on the back of better than expected jobless…(read more)

NZD currency update: better than expected ANZ commodities price report

Written by Joe Mayhew on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 A better than expected ANZ commodities price report combined with the overhang of sterling weakness we saw earlier in the week led to the Kiwi gaining on the pound over the course of last night’s Asian trading session. On the data front, only electronic…(read more)

AUD currency update: GBP/AUD trades within a tight range

Written by James Baxter on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / AUD

James Baxter Senior Currency Broker T: 01442 892 062 With a lack of data from the UK and Australia, GBP/AUD traded within a tight range throughout the day, hitting a high of 1.6458 at mid-market. With another quiet day in the economic data calendar I would expect much of the same today. EUR/AUD suffered the…(read more)

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