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On Friday the Pound to Mexican Peso exchange rate jumped from a low of 22.2124 to a high of 22.4072 in response to Mexico’s Central Bank interest rate decision. The USD/MXN currency pair, meanwhile, also advanced from…
After registering its largest advance for two weeks, the Ruble softened as the week progressed. The Russian currency came under pressure as the European Union pressed for further sanctions to be placed on Russia over the…
On Tuesday the Japanese Yen advanced on the majority of its currency rivals after Japan’s economy minister asserted that neither the Bank of Japan (BOJ) nor the government has set a target date for achieving 2% domestic…
On Monday the Pound gained on the US Dollar thanks to unexpectedly bullish interest rate remarks from a Bank of England (BoE) official. Last week the GBP/USD pairing fell to an 18-month low as the minutes from the latest…
The Pound fell against the Indian Rupee on Friday after a disappointing week for Sterling. The British currency dropped against other majors this week when it emerged that the Bank of England had no policymakers willing…
The Pound posted widespread declines on Wednesday in reaction to the release of minutes from the most recent Bank of England policy meeting. The minutes outlined a change of heart among policymakers on the subject of…
Last week’s currency market turmoil has bled into trading over the last few days and the actions of several major central banks are being closely scrutinised. While economists and investors are waiting with baited breath…
After surging by over 30% against the majority of its currency counterparts last week following the Swiss National Bank’s decision to remove its peg with the Euro and cut its interest rate further into negative…
The New Zealand Dollar strengthened during the Australasian session, advancing to an over six-week high against the US Dollar and achieving record levels against the Euro in the wake of yesterday’s Swiss National Bank…
The US Dollar has been enjoying a bullish relationship with the majority of its currency counterparts in recent weeks due to speculation that the Federal Reserve intends to increase borrowing costs in the first half, if…
The Euro to US Dollar exchange rate was languishing in the region of a nine-year low amid European Central Bank stimulus speculation and positive economic reports for the US. The day’s disappointing German Wholesale…
The US Dollar to Indian Rupee currency pair registered declines on Monday as investors bet that last week’s disappointing US employment figures will prevent the Federal Reserve from increasing interest rates in the first…
The currency market experienced notable volatility on Friday in response to a number of factors. The Pound ended the European session trending in a stronger position against the Euro, and with the GBP/USD pairing having…
The Euro was trading in the region of a nine-year low against the US Dollar on Wednesday having fallen by almost 0.5% over the course of the European session in response to less-than-impressive economic reports from the…
The Pound fell against almost all of its currency counterparts as the week progressed, posting a notable decline against the Euro (GBP/EUR) and US Dollar (GBP/USD). Demand for the British asset had been undermined at the…
The US Dollar was trending in a stronger position across the board on Monday as investors bet that the Federal Reserve will increase interest rates in the first half (if not the first quarter) of this year in response to…
