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The British pound (GBP) exchange rate complex has recovered ground lost to the US dollar through the closing stages of the previous week - a strong start to the week confirms that perhaps a bottom to recent declines in GBP/USD may be forming.
September 23,2014
Exchange rate markets face three major events next week: the US Fed (Weds), inflation in the US and Eurozone (Weds ) and the Scottish referendum (Thurs), Nomura forecasts a potential ‘return of volatility’ indicating conversion rate strategies should be re-thought.
According to the Wall Street Journal, “currency markets have sprung back to life as investors scramble to take advantage of the divergent paths taken by major central banks”.
September 14,2014
The British pound (GBP) saw its best day on the exchange rate markets in the mid-week session since the jitters concerning the Scottish referendum were first felt ten days ago.
September 11,2014
Latest news, views and predictions for the three key currencies we follow - the euro, US dollar and British Pound.
September 11,2014
The euro exchange rate complex (EUR) has been severly undermined by the latest ECB policy surprises which are likely to drive an even greater ‘yield-wedge’ between EUR, USD and the GBP in the coming months.
September 11,2014
The euro exchange rate complex (EUR) has eased lower as confidence in the ability of the German economy to drive the Eurozone recovery is questioned.
September 10,2014
Foreign exchange rate markets may have called time on the euro sell-off for the time being with some attractive gains being seen against the pound sterling (GBP) in particular.
September 9,2014
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