Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Falls Ahead of March Budget
The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate slumped on Thursday, leaving the pairing trading at around NZ$2.0378.
The Pound suffered losses today against a handful of currencies as disappointment over March’s...
* This article was originally published here
Saturday, February 29, 2020
Share Prices Tumble in Tandem with Proliferating Coronavirus Cases
Stock markets tumbled 3.7% in Japan and China, 3.6% in India, 3.3% in South Korea, 3.3% in Australia, 2.4% in Hong Kong and 3.2% in Singapore. Declines today in Europe so far exceed 2.5% in the U.K., Germany, France, Switzerland and Italy. Spain’s drop is almost there at 2.3%. 10-year sovereign debt yields plumbed deeper […]
* This article was originally published here
* This article was originally published here
Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat as Covid-19 Takes ‘Control’ Again
Pound Sterling New Zealand Dollar (GBP/NZD) Muted as Coronavirus Death Toll Nears 2,600
The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate remained flat, trading at around NZ$2.0404.
The New Zealand Dollar remained flat amidst growing concern about the spread of Covid-19 as other countries such as South...
* This article was originally published here
* This article was originally published here
Next Week’s Menu: February 22-28, 2020
Central Banks: Interest rate policies to be reviewed in Israel, South Korea, and Hungary. Mester, Clarida, and Evans of the Federal Reserve will be speaking publicly. So too will ECB President Lagarde, Deputy Governor Lane of the Bank of Canada, and both Kataoka and Amamiya of the Bank of Japan. Holidays and Events: Brazil celebrates […]
* This article was originally published here
* This article was originally published here
Friday, February 28, 2020
Thursday, February 27, 2020
GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts
This week’s slew of impressive UK ecostats have not been enough to stop the British Pound to US Dollar (GBP/USD) exchange rate from slumping, as Brexit uncertainties persist and the US Dollar sees strong gains in reaction to global growth speculation. Still, strong UK data did help the Pound to recover from its worst levels and the US...
* This article was originally published here
* This article was originally published here
Wednesday, February 26, 2020
Tuesday, February 25, 2020
Dollar Continuing to Flourish Amid Coronavirus Concerns
The dollar climbed overnight by 0.8% against the peso, 0.3% relative to the Australian and New Zealand dollars and 0.1% versus the Chinese Renminbi. There have been dips of 0.3% against sterling, 0.2% versus the Swiss franc and 0.1% relative to the yen and euro. Dollar strength can be seen against a broad spectrum of […]
* This article was originally published here
* This article was originally published here
Monday, February 24, 2020
Sunday, February 23, 2020
Monday, February 17, 2020
Japanese Sales Tax Hike Hammered Economic Growth Last Quarter
The Japanese economy again contracted sharply after a hike in the national sales tax. This is a phenomenon with lots of history. A 3% sales tax was introduced initially in April 1989. Back then, Japan was viewed like China is currently — an up-and-coming economic rival that could soon overtake the United States. The sales […]
* This article was originally published here
* This article was originally published here
A Dismal Japanese GDP Report, Coronavirus Concerns, and Holidays in the U.S. and Canada
The Japanese economy again contracted sharply after a hike in the national sales tax. This is a phenomenon with lots of history. A 3% sales tax was introduced initially in April 1989. Back then, Japan was viewed like China is currently — an up-and-coming economic rival that could soon overtake the United States. The sales […]
* This article was originally published here
* This article was originally published here
Sunday, February 16, 2020
Saturday, February 15, 2020
Friday, February 14, 2020
Next Week’s Menu: February 15 – 21, 2020
Central Banks: Interest rate policies will be reviewed in Turkey, Indonesia, and China. Minutes of the most recent monetary policy meetings to be published by the Fed, European Central Bank, and Reserve Bank of Australia. Brainard, Bostic, Barkin, Kashkari and Clarida are some of the Fed officials with scheduled public speaking events. Holidays and Special […]
* This article was originally published here
* This article was originally published here
European GDP, U.S. Retail Sales and Industrial Production, Continuing Coronavirus Spread, and Another Trump Dispute With Own Government People
From a news standpoint, Friday has been a very busy day, but financial market movements have been tempered. Mid-morning in NY finds the dollar up 0.2% against the Swiss franc and sterling and plus-or-minus 0.1% relative to other key currencies. Share prices fell 0.6% in Japan and 0.5% in India and New Zealand but up […]
* This article was originally published here
* This article was originally published here
Uncertain Economic Impact of Covid-19 Leaves Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat
Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Muted as Markets Shrug Off RBNZ Decision
The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate remained flat on Friday, and traded around NZ$2.0233.
The New Zealand Dollar weakened at the end of the week on continued Covid-19 fears.
The latest...
* This article was originally published here
* This article was originally published here
Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Rising Oil Prices Boost ‘Loonie’
GBP/CAD Exchange Rate Eases as Market Risk Appetite Returns for Canadian Dollar
The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.4% today, with the pairing currently trading around CA$1.723 in spite of the International Energy Agency’s (IEA) warning that the coronavirus could see oil demand fall.
The...
* This article was originally published here
* This article was originally published here