Currency Market Review: Australian Dollar on the Rise

Summary: The Australian Dollar has continued its previous growth after recent Chinese economic data showed stronger than expected performance. The Great British Pound is struggling due to Brexit uncertainty. Expected interest rate cuts are weakening the Euro and U.S. Dollar. Australian Dollar vs. Pound Sterling The Australian dollar is on the rise. The Reserve Bank […]

Weekly Currency Review: Pound Sterling Still Up

Avoid No-Deal Brexit Rises Pound Sterling  The Pound Sterling rises over the past 2 weeks. The hope to avoid the no-deal Brexit is keeping the investors not to sell. The confirmation of the deal may enhance the Sterling situation, otherwise the economy can be significantly effected in the short and long term. I Know First successfully […]

Weekly Currency Review: British Pound Surges

Pound Sterling Soares after DUP Softens towards Brexit Deal Pound Sterling soared on news that Northern Ireland’s DUP does not resist as much as before to Prime Minister Theresa May’s Brexit deal. GBP/EUR hit 1.16 after that, showing a slight recovery in its value. GBP/USD soared to 1.31 and is trading now at 1.3170. The […]