GBP/AUD Falls as Stock Markets Rally

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Drops as AUD Strengthens The Australian dollar has strengthened over the last few days as the global stock market rally has improved risk appetite, with investors moving away from traditional safe-havens and into higher yielding currencies; the Aussie dollar being one of them. … Read more GBP/AUD Falls as Stock Markets Rally

GBP/AUD Falls After Bank of England Inflation Report

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Falls to 2.02 The pound dropped fairly significantly against most of its main counterparts on Thursday after a more dovish than expected quarterly inflation report from the Bank of England. Against the euro, the pound dropped back into the 1.20’s and had dropped … Read more GBP/AUD Falls After Bank of England Inflation Report

The US returns to work after Labour Day and the Chinese market continues to frighten the global economy

Written by: Kingsley Walker Currency Broker T:01442 892071 E:[email protected] W: foremostcg.wpengine.com The US returns to work after Labour Day and the Chinese market continues to frighten the global economy, Chinese imports in August fell 14.3% from a year ago and exports fell by 6.1%. In monetary terms this left the economy with a trade surplus … Read more The US returns to work after Labour Day and the Chinese market continues to frighten the global economy

GBP/EUR falls for the seventh consecutive day as UK economic data releases continue to disappoint!

Written by Currency Broker Arron Morris T: 01442 892065 E: [email protected] foremostcg.wpengine.com GBP/EUR falls for the seventh consecutive day as UK economic data releases continue to disappoint! GBP/EUR fell for the seventh consecutive day yesterday after another round of weaker than forecast UK economic numbers. The currency pair fell over a cent to €1.3949 during … Read more GBP/EUR falls for the seventh consecutive day as UK economic data releases continue to disappoint!

ECB Weigh-In on Eurozone

Written By Kingsley Walker GBP Gains Against USD and EUR Barclays posted a 25% increase in half year profits yesterday to the value of £3.1bn, however, set aside a further £850 million for customer compensation. Considering the recent run of bad press many were surprised by the figures. Sterling gave us the second surprise of … Read more ECB Weigh-In on Eurozone

GBP/AUD Rises to 2.13

GBP/AUD Heads Higher The Aussie dollar has had a rough ride since my last post, losing over 4.5% in July, thanks to falling commodities prices and increasing concern over the Chinese stock market situation. The Australian dollar has fallen significantly, dropping to 2.13, a move reflected in other commodities currencies, namely the Kiwi and Canadian … Read more GBP/AUD Rises to 2.13

GBP/AUD drops below AU$1.80

GBP/AUD falls amid growing global economic fears The Sterling/Aussie exchange rate has dropped below the key AU$1.80 level over the last few days, as investors digest the Bank of England’s inflation report, as well as increased Japanese investor demand for the Aussie. The pound has struggled across the board after the UK central bank’s announcement … Read more GBP/AUD drops below AU$1.80

GBP/AUD drops after inflation report

Sterling falls after Carney speech GBP/AUD fell into the 1.80s on Wednesday after the Bank of England (BoE) released their quarterly inflation report. Sterling fell across the board, losing around a percent to each of its major counterparts. The graph below shows GBP/AUD movement during the inflation report.   The inflation report is essentially a … Read more GBP/AUD drops after inflation report

GBP/CHF trading back in the range

    GBPCHF is trading back in the range after a period of consolidation following cold water being poured on to the possibility of a UK interest rate rise. All the indicators are pointing towards rates being raised above the lowest level in the last two years towards the mid to end of 2015 following … Read more GBP/CHF trading back in the range

GBP/CHF has volatile October

Yesterday, stress tests were carried out on 123 banks to test how they would react to another financial crisis. With the big four UK banks performing well, the focus was on the European banks and their ability to sustain pressure should markets start to once again collapse. Rate movement on GBPCHF has been minimal of … Read more GBP/CHF has volatile October