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Despite a lack of impressive UK data, the Pound advanced against the New Zealand Dollar on Tuesday. New Zealand markets were closed due as the nation observed the Anzac Day holiday, making the ‘Kiwi’ easy pickings.…
Pound Sterling Disappointing CBI business surveys and housing market data left the Pound on a downtrend on Monday. Markets were not impressed to find that the business optimism index had plunged from 15 to 1 for the…
A sharp appreciation for the Euro has followed the outcome of the first round of voting for the French Presidential Election. This has led the Euro to rise from 1.16 to 1.19 against the Japanese Yen, the best exchange…
The US Dollar to Japanese Yen exchange rate saw considerable falls last week as geopolitical tension in the US saw investors looking to other ‘safe haven’ assets like the Japanese Yen. USD/JPY plunged from 111.08 to…
The US Dollar to Japanese Yen exchange rate has slumped this week, as rising geopolitical jitters in the US have undermined its sturdiness prompting traders to look elsewhere for ‘safe haven’ assets. USD/JPY began the…
Euro traders have been thrown a curveball today, which has ultimately kept the Euro trading closely against the US Dollar. Initially, it looked like a day of losses was due, with Eurozone retail activity contracting in…
An unexpectedly-strong result from the UK Markit services PMI pushed the Pound Sterling to US Dollar exchange rate up 0.4% on Wednesday. Pound Strengthens but Concerns Remain Over First Quarter Growth After the…
The GBP EUR exchange rate tumbled by around half a cent in trading on Monday as markets reacted poorly to an unexpected drop in the UK’s latest Manufacturing PMI. Pound Euro (GBP EUR) Slides as UK Factory Growth Slows…
