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Before the release of a run of influential US reports, the Yen softened for a fourth day against its US counterpart – making the current uptrend in the USD/JPY pairing the longest for a month. There was no Japanese data…
The Pound Sterling to South African Rand (GBP/ZAR) exchange rate is trending within a tight range on Monday. This is as a result of a complete absence of data pertaining to both the UK and South Africa. Compounding the…
China’s less-than-spectacular manufacturing PMI, coupled with falling commodity prices, fears of a global slowdown and mixed economic reports for the US, have seen the US Dollar to Japanese Yen exchange rate decline this…
The Norwegian Krone fell by around 1.35% against the Pound (NOK/GBP) and weakened to 9.0715 against the Euro (EUR/NOK) over the course of the European session. While the Pound came under pressure as a result of the…
The Pound advanced against the Rupee on Tuesday, climbing by over 0.3% over the course of the local session. Although Sterling came under pressure as a result of below-forecast UK industrial production and manufacturing…
At the close of a fairly eventful week for the currency market, the Euro to US Dollar (EUR/USD) exchange rate is trading in the region of 1.2365, down slightly on the Friday’s opening levels. Over the last five days the…
A number of factors led to the Pound Sterling to Australian Dollar advancing on Wednesday. The pairing was able to climb by 0.7% over the course of trading as data from Australia caused concern and a services report from…
The US Dollar to Indian Rupee (USD/INR) exchange rate has been trading in the region of a nine-month high of late as commodity price fluctuations, local economic concerns and global developments have all taken a toll on…
