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Australian Dollar Slumps as Moody’s Worries about Chinese Economy As well as direct Australian news weakening Australian Dollar demand today, the AUD has also slipped due to Moody’s downgrading its Chinese credit rating.…
The US Dollar to Japanese Yen exchange rate has seen its worst drop since March this week. Scandals surrounding US President Donald Trump have weakened the ‘Greenback’ and left ‘safe haven’ currencies like the Yen more…
Pound Slips as BoE Downgrades Growth Forecasts and Predicts Wage Squeeze The Pound has fallen sharply against the Swedish Krona today, from an opening exchange rate of 11.54 to the latest lows of 11.41. Bank of England…
The Euro to Canadian Dollar exchange rate slipped from its highs last week and continued to drop on Monday. This was despite general optimism in the Eurozone following the election of pro-EU Emmanuel Macron as the next…
The Euro has fallen moderately against the Japanese Yen today, but remains close to its best exchange rate since May 2017 at 123.05. The latest Eurozone news has been positive, with retail activity in April rising from…
The Euro to New Zealand Dollar exchange rate has been pushed lower this week by a mix of political jitters and a stronger New Zealand Dollar, despite Eurozone data consistently impressing. EUR/NZD has lost around a cent…
