Month: December 2017

Home 2017 December
Pound Exchange Rate Q4 Review, GBP/EUR, GBP/USD, GBP/AUD
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Pound Exchange Rate Q4 Review, GBP/EUR, GBP/USD, GBP/AUD

2017 has been quite a bumpy ride for the Pound Sterling exchange rate, with plenty of peaks and troughs as Brexit negotiations continued and economic data continued to disappoint. We’re looking at how the British currency has fared in Q4, and what could lie ahead. Brexit Brexit has to be one of the most powerful...

Exchange Rate Forecast: GBP/AUD, GBP/EUR, GBP/USD, GBP/ZAR, GBP/TRY, GBP/INR
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Exchange Rate Forecast: GBP/AUD, GBP/EUR, GBP/USD, GBP/ZAR, GBP/TRY, GBP/INR

While the economic calendar may be lighter over the festive period, there are still a number of data releases that could impact the currency market and the Pound (GBP), Euro (EUR), US Dollar (USD), Turkish Lira (TRY), Australian Dollar (AUD), South African Rand (ZAR) and Indian Rupee (INR) exchange rates. Tuesday 26th December Boxing Day...

GBP/EUR Exchange Rate Eases after Gains, Drops to 1.12
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GBP/EUR Exchange Rate Eases after Gains, Drops to 1.12

While Wednesday morning saw the Pound to US Dollar (GBP/USD) and the Pound to Euro (GBP/EUR) exchange rate climb on positive Bank of England (BoE) Brexit news, the afternoon saw the British currency fall back, remaining in a tight range. So far, Wednesday’s trading has seen the GBP/EUR exchange rate reach highs of 1.1325, while...

Pound Slips against US Dollar (GBP/USD) on Brexit and Future Trade Talks
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Pound Slips against US Dollar (GBP/USD) on Brexit and Future Trade Talks

The Pound slipped dramatically against the Euro (GBP/EUR), US Dollar (GBP/USD), and Australian Dollar (GBP/AUD) on Friday as EU negotiator Michel Barnier warned that difficulties could lie ahead in Brexit talks. Moody’s Analytics also stated its concerns in a new report, saying: ‘The risk of further deadlocks in talks is substantial and the uncertainty concerning...

CAD and NZD Exchange Rates Jump on Oil Surge and RBNZ Governor, UK Inflation Jumps to 3.1%
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CAD and NZD Exchange Rates Jump on Oil Surge and RBNZ Governor, UK Inflation Jumps to 3.1%

The Canadian Dollar exchange rate strengthened slightly against the US Dollar (CAD/USD) and Pound Sterling (CAD/GBP) on Tuesday after oil prices broke through US$65 – the highest level since mid-2015. The jump in black gold came after one of Britain’s key pipelines, the Forties pipeline, was discovered to have a crack. The crack expanded and...

Pound (GBP) Exchange Rate Hits Six-Month High on Brexit Breakthrough Hopes
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Pound (GBP) Exchange Rate Hits Six-Month High on Brexit Breakthrough Hopes

The Pound (GBP) exchange rate continued its rally on Monday and hit a six-month trade-weighted index high on Brexit breakthrough optimism. Additionally supporting the British currency was positive economic data which showed Britain’s construction sector had noted an upswing in activity in November. While the Brexit divorce negotiations have entered a critical phase, British construction...