Fiona Cincotta
GBP/USD Dollar Weakens as World Economy More Optimistic
The big event last week for the pound was the Bank of England’s cautious May meeting, and news that the central bank cut its...
EUR/USD Brightening Global View Takes Shine of Dollar
The Euro-U.S. dollar exchange rate has been steadily climbing throughout the day on Monday, reaching a high of 1.0990 before retreating slightly to 1.0970....
Australian Dollar Soars Versus the Pound on Chinese New “Silk Road”...
The big story over the weekend was a Chinese government summit, which was the platform for the announcement of the new “Silk Road” project....
GBP/EUR Lower as Bank of England Counts on a Smooth Brexit
The pound to euro exchange rate continued to fall on Friday (May 12th) as investors carried on digesting forecasts and revelations by the Bank...
GBP/USD Weak Data Casts Doubt Over US Interest Rate Rise
Today’s (May 12th) economic numbers from the US failed to live up to optimistic expectations, inflation rose only 0.2%, instead of the forecasted 0.3%...
EUR/USD Increases But Not Thanks to Macron
Finally, one week after Macron won the French Presidential elections, the euro to us dollar exchange rate begin moving higher again. The euro failed...
GBP/AUD Weak Growth Forecasts From BoE Keep the Pound Australian Excha
The start to the week saw the pound to Australian dollar exchange rate move purposefully higher, hitting 1.7643, its highest level since September last...
GBP/EUR Pound Reacts Poorly as Bank of England Cuts Growth Forecast
The pound had been increasing in value versus the euro since the French elections at the weekend, with the pound euro exchange rate reaching...
Pound Sinks Over USD After Bank of England Cuts Growth Forecast
The pound fell sharply as the Bank of England slashed its growth forecast for the rest of 2017, dropping close to 1 cent against...
USD/EUR Negativity for The Dollar and The Euro Keeps Exchange Rate...
There has been very little movement in the euro U.S. dollar exchange rate for the majority of the day. Negative forces on both sides...