Currency Forecasts

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NZD rallies following rate decision

New Zealand Dollar exchange rates have rallied sharply overnight following the latest Reserve Bank of New Zealand (RBNZ) interest rate meeting. NZD exchange rates have strengthened nearly 1.5% as the RBNZ held interest rates at 1.75%. This move was expected…

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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Pound falls slightly on signs of slowing economy

As Theresa May enters crunch talks with Brussels, the Pound falls and has had a rather poor start to the week.  For a change it’s economic data releases that have moved the Pound rather than the on-going Brexit saga. Of…

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Sterling exchange rates fall following poor UK data

Sterling exchange rates have posed some losses to end the trading week bringing an end to its recent run of positivity. Exchange rates have fallen following poor UK manufacturing figures this morning, the weakest since July 2016. This once again…

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Pound falls, but Brexit path now clearer after win for Theresa May

The Pound has fallen a little following yesterday’s votes in parliament. However it’s still largely supported with GBP/EUR currently at €1.1440 and GBP/USD at $1.3074. What were the amendments, and how did the votes go? Labour amendment to call for…

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