Latest currency exchange news at MoneyTransfer.co.uk.
US Dollar to Japanese Yen Exchange Rate Tumbles to Multi-Month Lows as Trump Rally Unravels
Published: 23 Mar at 1 PM
The US Dollar to Japanese Yen exchange rate has plunged this week, remaining weak on Thursday as investors begin to increasingly doubt that US President Donald Trump will be able to push through key fiscal policy overhauls.
USD/JPY began the week trending at the level of 112.71 but during Wednesday’s American session hit a low of 110.81....
GBP CAD Exchange Rate Tumbles as Brexit Jitters Return
Published: 22 Mar at 4 PM
The GBP CAD exchange rate declined today as the rapid approach of Brexit caused markets to begin shying away from the Pound.
<h2>Pound Canadian Dollar (GBP CAD) Slides as Brexit Looms</h2>
The Pound Canadian Dollar (GBP CAD) exchange rate cut some of its recent gains this afternoon as concerns over the UK’s exit from the...
US Dollar to Japanese Yen Exchange Rate Plummets after Dovish Fed Rate Hike
Published: 16 Mar at 11 AM
The US Dollar to Japanese Yen exchange rate plunged on Wednesday evening as investors showed disappointment in the Federal Reserve’s relatively dovish US interest rate hike and the Bank of Japan (BoJ) left policy frozen.
USD/JPY began the week trending at the level of 114.75 and trended flatly until Wednesday evening, when it dropped...
GBP NOK Exchange Rate Strengthens as Oil Prices Continue to Plummet
Published: 15 Mar at 5 PM
Pound Norwegian Krone (GBP NOK) Rises as Crude Prices Tumble
The Pound Norwegian Krone (GBP NOK) exchange rate struck higher today as crude prices continued to fall during early trading.
With petroleum products accounting for over 60% of Norway’s exports its economy is extremely sensitive to movements in the oil market.
GBP JPY Exchange Rate Rallies despite Push for Second Scottish Referendum
Published: 13 Mar at 5 PM
The GBP JPY exchange rate advanced on Monday despite the announcement from Scottish First Minister Nicola Sturgeon that she would seek a second independence referendum before the end of Brexit negotiations.
<h2>Pound Japanese Yen (GBP JPY) Rallies as Markets Shrug of Fears of UK Split</h2>
The Pound Japanese Yen (GBP JPY)...
GBP ZAR Exchange Rate Rallies from Three-Year Low as Commodities Slide
Published: 9 Mar at 1 PM
The GBP ZAR exchange rate reached a new weekly high this morning after depreciating commodity prices prompted the pairing to rally.
<h2>Pound South African Rand (GBP ZAR) Rallies as Commodities Weaken</h2>
The Pound South African Rand (GBP ZAR) exchange rate rebounded from a three-year low yesterday as commodity prices for a...
US Dollar Tight against Japanese Yen ahead of US Employment Stats
Published: 8 Mar at 10 AM
US Dollar sees Limited Demand as Fed Rate Hike Odds Hang in the Balance
The US Dollar has trended tightly against the Japanese Yen at a rate of 113.93 today, ahead of a major US data release.
This will consist of the Adp employment change for February, which has been forecast to show a shift from 246k employed persons in January to 190k...
US Dollar Jumps against New Zealand Dollar
Published: 1 Mar at 5 PM
‘Trump Bump’ In Action as US Dollar Soars against New Zealand Dollar on Market Optimism
The US Dollar has been in high demand today, rising notably against the New Zealand Dollar after strong support came from President Trump and the US Federal Reserve.
In the former case, Trump’s recent address to congress has had a major...
Pound to Japanese Yen Exchange Rate Slides on Threat of Second Scottish Referendum
Published: 27 Feb at 4 PM
GBP JPY Exchange Rate Slumps on ‘IndyRef2’, Further Damage ahead on Confidence and PMI Scores
The Pound has dropped by -0.2% against the Japanese Yen today, mainly due to fears that triggering Brexit will also bring the threat of another Scottish independence referendum.
This has long been a background issue of the EU Referendum...
Pound South African Rand Rises as UK Surplus Reaches 17 Year High
Published: 21 Feb at 5 PM
The Pound (GBP) to South African Rand (ZAR) exchange rate rallied on Tuesday as the UK’s Public Sector Borrowing figures showed that Britain’s January surplus reached a 17 year high.
Sterling Strengthened by Borrowing Figures
The Pound rocketed higher today as rising tax revenues caused the Britain’s budget surplus to hit its...
GBP AUD Exchange Rate Slides after UK Inflation Misses Target
Published: 14 Feb at 5 PM
The Pound Australian Dollar exchange rate has been largely negative this week, with a day-long deterioration being seen after the morning’s January inflation rate stats.
These showed a rise in annual inflation from 1.6% to 1.8%, although investors soon turned away from Sterling as inflation had been forecast to hit 1.9%.
Greek Debt Crisis Severely Limits EUR Demand, Pound Euro Exchange Rate Rises
Published: 9 Feb at 4 PM
Pound Sterling to Euro Demand Climbs at Crucial Moment in Brexit Process
On the eve of the Parliamentary recess, the House of Commons voted in approval of the Article 50 bill, which is required for the Government to trigger Article 50 itself and start the process of leaving the EU.
This occurred with a clear majority and also saw no...
Pound South African Rand Fluctuates as UK Businesses Feel Brexit Pressure
Published: 6 Feb at 4 PM
The Pound (GBP) to South African Rand (ZAR) exchange rate fluctuated today as investors reacted to a downbeat UK business survey.
Sterling Softened by Brexit Business Fears
The Pound was weakened today by the release of a survey from Ipsos MORI that reported that 58% of companies are already being hurt by the UK’s vote to leave the...
Pound US Dollar Exchange Rate Rallies after UK’s Grand Industrial Strategy is Unveiled
Published: 23 Jan at 5 PM
Strong Pound Gains Follow PM’s Industrial Announcement, despite Trident Controversy
The Pound has managed to triumph against the US Dollar on the first day under President Trump, partly because of this news but also because of some optimism-inspiring UK announcements.
In the latter case, the Pound has been boosted by 0.9% against the...
Pound to Japanese Yen Exchange Rate Surges as Safe Haven Sentiment Dips
Published: 19 Jan at 12 PM
The Pound has surged this week after recovering from sharp drops on Monday. Increased Brexit confidence left Sterling stronger and it has been able to capitalise on limo demand for ‘safe haven’ currencies like the Japanese Yen. GBP/JPY trended near a weekly high of 141.46 at the time of writing.
Pound (GBP) Benefits from UK...
Hopes of Soft Brexit Fade before PM’s Speech, Pound Swiss Franc Exchange Rate Crashes
Published: 16 Jan at 5 PM
Day of Defeat for Pound Franc Exchange Rate as Investors Pre-Empt Hard Brexit
In an unwanted repeat performance from last week’s starting weakness for the Pound, Sterling has once again traded extremely poorly on the first day of the week.
This time around, the major loss in GBP demand has come from investors and economists...
High Brexit Uncertainty sees Major Loss in GBP USD Pairing
Published: 9 Jan at 4 PM
Poor Start to Week’s GBP USD Trading after Unclear May Comments Trigger Investor Rout
After the UK was graced with rising PMI figures last week, the current one has started off on a comparatively flatter note by comparison. In addition to the Pound crashing initially because of alarming interpretations of Theresa May’s comments,...