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GBP/AUD forecast – political turmoil hurting the Australian Dollar

AUD exchange rates have fallen in recent days following political infighting. This turmoil has lead to Scott Morrison being sworn in as Australia’s next Prime Minister. This brings to end a bitter feud within the Australian government, creating a fall…

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Volatility in Turkey pushes GBP/USD to a 12 month low

This week has continued to see some significant volatility in the money markets with events in Turkey the main catalyst. With sanctions being imposed on Turkey by Donald Trump and his US government over Turkey’s refusal to release a US…

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Pound falls as chances of No Deal Brexit increase

Good morning. The Pound has fallen this week, as markets reacted to increased chances of a No Deal Brexit. Last week, after the Bank of England interest rate decision, governor Mark Carney gave warnings of the impact of the UK…

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Pound drops despite interest rate hike

Pound Drops: We have seen the Pound drop across the board this afternoon, despite the expected interest rate hike by the Bank of England. All 9 members voted for rates to go up to 0.75%. As we predicted in our…

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Inflation levels keep the pound on the back foot

Pound exchange rates have fallen to their lowest levels against the Euro since March. This comes following lower than expected inflation figures. The market was expecting a release of 2.6% but with a release of 2.4% this all but guarantees…

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