Weekly Currency Review: The Turkish Lira Stumbles Against The American Dollar

US-China Trade War The U.S. increased tariffs from 10% to 25% on $200 billion worth of Chinese goods on the 10th of May. This came after trade talks in Washington the night before failed to produce an agreement to forestall the higher levies. The USD/CNY moved haphazardly from 6.7934 to 6.8464, indicating an increase in […]

Currency Market Review: South African Rand Falls Amid Fears of Credit Rating Downgrade

Summary: South African Rand (ZAR) falls with the build-up to Moody’s credit review. British Pound Surges with the pairs: GBP/NZD +1.82%, GBP/EUR +1.29% and the GBP/CAD +1.31%. Investors still seem to appear optimistic in terms of the future viability of the Pound and continue to invest in it. South African Rand Falls South African Rand […]

Currency Market Review: Indian Rupee Surges

Summary: The Pound Sterling rises against the Canadian dollar. The US dollar/Indian rupee pair was a notable currency pair. The Brazilian real is weak against the US dollar. GBP/CAD The pound sterling has strengthened against Canadian dollar, increase by 2.73% over the 14 day period from 25th February to the 11th March in agreement with […]

Currency Market Review: Sinking Peso Despite IMF Lifeline

Summary: The Pound Sterling/Canadian dollar pair was the biggest gainer this week. The United Sates Dollar/Argentinian Peso pair was a notable currency pair. This week Westminster is set to schedule three votes in regard to the Brexit process. GBP/CAD The Pound Sterling/Canadian dollar pair was the biggest gainer this week seeing an increase of 2.30% […]

Currency Market Review: Swiss Franc Falls Amid Intervention By The Swiss Bank

Currency Market Review: Summary: Pound Sterling to Japanese Yen (GBP/JPY) was the biggest gainer this week. The Euro gained on the Australian Dollar this week. The Swiss franc fell against the other major currencies. GBP/JPY Pound Sterling to Japanese Yen (GBP/JPY) was the biggest gainer this week from the I Know First algorithm with a […]

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