GBP/AUD Falls to 9-Month Low

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Drops to 1.95 Monday saw the pound drop to its lowest level in 9 months against the Australian dollar, suffering its worst daily loss in 6 years. The GBP/AUD had been trading comfortably above $2 for most of last year but has recently … Read more GBP/AUD Falls to 9-Month Low

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

Huge falls in the GBP/CAD exchange rates

Huge falls in the GBP/CAD exchange rates This week we have seen huge falls in the GBP/CAD exchange rates. Mid market prices were tipping over 2.08 at the beginning of the week, before dropping around six points to just above 2.02 at the lows. To put this movements into monetary terms, a typical transfer of £200,000 would … Read more Huge falls in the GBP/CAD exchange rates

Will Canada cut interest rates in January?

In today’s report we will look a little deeper at what is causing the Canadian Dollar to weaken off so significantly and what the future looks like for the Loonie. Canada more dependant on oil than ever Over the past few months the Canadian economy has been suffering badly and this has had a huge knock … Read more Will Canada cut interest rates in January?

GBP/AUD Rises Further as China Wobbles

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Rises to 2.08 The Australian dollar has continued to fall against most of its major counterparts as the economic situation in China appears to be deteriorating. The Chinese had to suspend trading on their stock market on Thursday for the second time in … Read more GBP/AUD Rises Further as China Wobbles

GBP/AUD Choppy on Chinese Concerns

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Trading at 2.05 After a quiet period over Christmas and New Year, GBP/AUD has started 2016 on a choppy note as concerns over the Chinese economy continue to dictate movement in the Australian dollar. The graph below shows GBP/AUD movement over the last … Read more GBP/AUD Choppy on Chinese Concerns

CAD is boosted by Oil recovery

Canadian Dollar 2015 Looking back over 2015, the Canadian Dollar has been weakening for some time now against a basket of major currencies and Sterling is no exception. Exchange rates started the year around 1.75 and rose to highs of 2.09 towards the end of the year. To put this into real terms, a typical … Read more CAD is boosted by Oil recovery

Sterling not in the party mood

Written by Arron Morris Currency Broker E: [email][email protected][/email] T: 01442 892 065 As everyone gets ready to party this evening the same could not be said for the currency markets. With little out in terms in of eco-stats there was very little movement for any of the Sterling crosses on Wednesday. GBP/EUR spent the majority … Read more Sterling not in the party mood

Sterling to Canadian Dollar 2016

Sterling to Canadian Dollar 2016 I hope all our readers had a very good Christmas and are gearing up for your new years celebrations. As we approach 2016 lets look at how the GBP/CAD exchange rates have performed over the last year and where they may be heading in 2016. Looking at the graph below, … Read more Sterling to Canadian Dollar 2016

Fed finally moves

Fed finally moves In a historic move the FOMC and Fed Chair Janet Yellen raised the base interest rate from 0.25% to 0.50%, a move which has been widely expected from investors and market commentators. Rates in the US have been at near zero since the 2008 financial crisis and raising the rate will help … Read more Fed finally moves