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The Canadian Dollar softened against the US Dollar in a session where trade of the ‘Greenback’ is muted due to the closure of US markets for the Thanksgiving Holidays. Despite the US markets, being closed the ‘Loonie’…
The US Dollar advanced against the Indian Rupee after Gross Domestic Product (GDP) data came in better than forecast and showed that the world’s largest economy is fending off threats from slowdowns in the wider global…
The Pound to Australian Dollar exchange is strengthening towards a monthly high as the ‘Aussie’ continues to receive a beating on the back of tumbling iron ore prices and negative rhetoric from the Reserve Bank of…
The Pound to Euro exchange rate eased slightly on Monday after German business confidence increased unexpectedly in November as recent GDP data showed that the Eurozone’s largest economy avoided sliding into recession in…
The Canadian Dollar posted widespread gains and advanced on both the Pound (CAD/GBP) and US Dollar (CAD/USD) on Friday following the publication of Canada’s Consumer Price Index. Canadian CPI climbed by 0.3% on the month…
The Euro to Pound Sterling (EUR/GBP) and Euro to US Dollar (EUR/USD) exchange rates weakened following the publication of below-forecast Manufacturing and Services PMI for the Eurozone and its largest economies. As the…
Shortly after the minutes from the latest Bank of England (BoE) policy meeting were published, the Pound Sterling (GBP) exchange rate advanced on the majority of its currency counterparts. The Pound gained by over 0.2%…
The Japanese Yen (JPY) has come in for a rough ride this week, with the currency falling to a seven-year low against the US Dollar (USD/JPY). The Bank of Japan’s decision to roll out a fresh batch of stimulus measures…
The US Dollar (USD) exchange rate came under pressure at the close of last week as the US Non-Farm Payrolls report disappointed expectations and led to some reshuffling of Federal Reserve rate-hike expectations. However,…
The Pound Sterling (GBP) exchange rate experienced a rough ride on Wednesday as domestic developments saw it rise initially before plummeting across the board. The Pound was able to post moderate gains against several of…
On Tuesday the Swiss Franc was trading within touching distance of the 1.20 cap against the Euro placed on the currency pairing by the Swiss National Bank (SNB) over three years ago. With concerns that the Eurozone could…
On Thursday the Pound posted widespread declines in response to the Bank of England’s interest rate decision. Speculation surrounding the timing of the first UK interest rate increase has been mounting all year in…
On Wednesday the recent sell-off in commodity-driven currencies continued and the Canadian Dollar (CAD), Australian Dollar (AUD) and South African Rand (ZAR) all suffered. Canadian Dollar (CAD) The latest slump in the…
