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Traders have largely abandoned the Australian Dollar today, which has led to a -0.5% slide against the Pound. This sudden drop in confidence was triggered by a speech from Reserve Bank of Australia (RBA) Governor Philip…
The US Dollar to Japanese Yen exchange rate tumbled last week, despite an unexpectedly dovish Bank of Japan (BoJ) meeting that led to a brief Yen selloff. Low Fed rate hike bets have kept the US Dollar generally…
The Pound has made gradual gains against the Swiss Franc on July 10th, rising from an opening exchange rate of 1.2425 to 1.2449 later in the day. This Pound strength against the Franc has largely been caused by Swiss…
The Pound has soared by 2% against the South African Rand today, thanks to a sharp drop in ZA economic confidence. UK data has actually been unsupportive, with the services and composite PMIs for June showing falling…
