March 18, 2019
australian dollar goes down

Australian Dollar Set to Weaken Further after a Poor 6 Months – Here’s Why

The Pound-to-Australian (GBP/AUD) Dollar exchange rate moved to a near a four-month high at 1.8688 at due to the Brexit process going as planned and seemingly Aussie-negative news out of Asia. The AUD weakened on Thursday in response to signs of a further contraction in the Chinese manufacturing sector during February. China’s economic problems directly […]
February 11, 2019
NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar exchange rate fell this week as weak jobs data appeared to highlight cracks in the NZ labour market. The adverse data opened up the possibility that the Reserve Bank of New Zealand might be needing to cut interest rates. Unemployment increased dramatically in Q4 2018 The final quarter of 2018 showed unemployment increasing […]
February 4, 2019
Aussie Dollar capitalises on dovish FED – USD/AUD dipping to a two-month low

Aussie Dollar Capitalises on Dovish FED – USD/AUD dipping to a two-month low

The Australian Dollar is closing in on a 3 month high this week following a dovish tone from the FED and encouraging if not perfect inflation data. The combination of the Jerome Powell’s recent FED statement and the Aussie inflation data propelling the Australian Dollar to a two-month high against the US Dollar. Whilst the […]
January 21, 2019
Success way. Tropical island in the form of dollar, 3D Illustration

Why I’m Not Living on My Own Island

This is why £2 a week on a footie accumulator is quite enough excitement for me. should I have been inclined to have a flutter on a sterling position last week, then a triple-digit defeat for May’s Brexit bill having negative implications for the pound would have seemed a wise wager. So what happens? May […]
November 6, 2018
Foreign currency banknotes over black background

Emerging Market Currencies Strengthen as Hope of Trade Deal Emerges

Whilst the US dollar endured a slippery slope this week, partly due to the possibility of a new trade deal between the US and China as well as the upcoming mid-term elections, a number of emerging market currencies have profited. Strong gains were seen in the Australian and NZ dealers as well as the ZAR. […]
August 27, 2018

The Australian Dollar Strengthens as Scott Morrison Wins Prime Ministerial Race

Partly assisted by the outcome of The Jackson Hole symposium which took place in the hours that followed, the Australian Dollar enjoyed a slight lift as Scott Morrison was elected the 30th Prime minister of Australia this week, Morrison succeeded Malcolm Turnbull who had faced two leadership challenges in recent weeks. Liberal party leadership challenge […]
August 15, 2018

GBP Stagnant Despite Interest Rate Rise

The Bank of England raised UK interest rate by 0.25% on Thursday marking the second rise in less than a year. Despite political and economic uncertainty due to Brexit and the weak government the Bank of England followed to adopt the global trend and raise interest rates to 0.75%. The interest rate rise marks the […]
July 23, 2018
Australia map

AUD Exchange Rates up as Employment Figures Dazzle

AUD exchange rates have been troubled in recent months, both hampered by FED’s plans to raise interest rates and the ever-developing trades war situation, commodity currencies have been hit hard.