Pound Bolstered by Hopes of Accelerated Brexit Process There have been two factors enabling a Pound to Australian Dollar rise today, the first being a recent statement from Michel Barnier. The EU’s Chief Brexit…
Euro Collapses after ECB President Gives Cautious Press Conference Traders had been eagerly anticipating today’s European Central Bank (ECB) press conference, but it has backfired spectacularly and led to widespread Euro…
The Pound Canadian Dollar exchange rate soared today on news that the UK’s GDP print beat expectations and that the Bank of Canada (BoC) decided to leave interest rates steady at 1% at its October rate meeting. Bank of…
The Pound to New Zealand Dollar exchange rate surged on Thursday, despite persistent economic and political concerns in Britain, as investors digested the latest NZ political surprise. GBP/NZD began the week trading at…
Euro Outlook: Losses Possible if Catalan President Declares Independence Given the circumstances, the Euro has been faring well against the US Dollar today. The EUR USD exchange rate has been progressively rising this…