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
Greek face-off with EU helps boost sterling The currency markets are alive once again as Greece continues to play poker with their creditors, BoE governor Mark Carney makes another speech addressing the UK’s inflationary battle and central banks globally attempt to contend with geopolitical headwinds. Sterling had one of its most bullish days in recent weeks … Read more Spectre of Grexit continues to haunt Eurozone
GBP/AUD Trading in Low 1.81’s Despite data releases from Australia over the last 24 hours there has been little movement in the sterling/aussie cross. In fact, there has been little movement at all for the pair over the last week. Business confidence data from Australia showed an improvement in conditions yet the Aussie failed … Read more GBP/AUD Remains in Tight Range