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Pound Climbs against Peers on Hopes of UK-China Trade Deal

Week Chart Sterling has been a relatively stable option against its peers today despite the fact that the Confederation of British Industry (CBI) has posted some highly injurious results for July, a month after ‘Brexit’. The CBI’s trends for total orders have fallen from -2 to -4, while business optimism... View article >
Posted on 25 July 2016 | 10:51 am GMT
Author: TorFX

Australian Dollar – Mon Jul 25: AUD Up vs EUR, CNY, JPY & SGD and Down vs USD, GBP & NZD.

Monday Jul 25th 10:05 AEST – The Australian Dollar starts the week down -0.07% against the United States Dollar, down -0.26% against the British Pound Sterling, up 0.34% against the Euro, down -0.14% against the New Zealand Dollar, up 0.17% against the Chinese Yuan, up 0.08% against the Japanese Yen and... View article >
Posted on 25 July 2016 | 12:05 am GMT
Author: BER Research

Sterling (GBP) Gives Up Much of its Weekly Gains as PMIs Indicate Brexit Damage

Week Chart Sterling plummeted across the board on Friday, ending a mixed week of wide fluctuations and ups and downs as July’s preliminary PMIs indicated that the Brexit had indeed had a negative effect on the UK’s economy. Already forecast to be low in response to Brexit jitters, Markit’s UK... View article >
Posted on 22 July 2016 | 11:36 am GMT
Author: TorFX

Australian Dollar – Fri Jul 22: AUD Up vs USD, GBP, EUR, CNY & SGD and Down vs JPY.

Friday Jul 22nd 10:05 AEST – The Australian Dollar is today up 0.52% against the United States Dollar, up 0.48% against the British Pound Sterling, up 0.32% against the Euro, even against the New Zealand Dollar, up 0.51% against the Chinese Yuan, down -0.68% against the Japanese Yen and up 0.35%... View article >
Posted on 22 July 2016 | 12:05 am GMT
Author: BER Research

Pound Sterling Shattered by Falling Retail Sales Pre-‘Brexit’

Week Chart The Pound has made heavy losses against virtually all of its peers on account of UK retail sales for June falling by more than forecast. For the base printings, a slip from 5.7% to 4.3% was seen in June, while on the month, a slide from 0.9% to... View article >
Posted on 21 July 2016 | 10:30 am GMT
Author: TorFX
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