Next Week’s Menu: March 27 – April 2, 2021

Central Banks: Chilean monetary policy will be reviewed in the coming week, and the Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations will be published. Holidays and Special Events: Many countries will be closed for Good Friday on April 2 including the United States, U.K., key market centers in Continental Europe, Australia, […]

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GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Attempts Recovery but Sterling Gains Limited

Largely unsurprising UK retail sales results had little impact on the Pound today, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate is attempting to recover regardless. The Canadian Dollar’s movement has seen a sharp reversal in recent sessions as oil markets become more jittery and yield spreads concern markets. The...

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Pound Swiss Franc (GBP/CHF) Exchange Rate Sinks as Risk-Off Market Mood Drive Demand for Safe-Haven Currencies

GBP/CHF Exchange Rate Falls as Souring Risk Sentiment Boost Safe-Haven Swiss Franc The Pound Swiss Franc (GBP/CHF) exchange rate fell today as risk-off market mood has driven demand for the safe-haven Swiss currency. The pairing is currently trading around 1.29fr. Today also saw the Swiss National Bank hold interest...

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Pound to Dollar Weekly Forecast: GBP/USD Exchange Rate Rangebound as Markets Await Outcome of EU Vaccine Summit

The Pound to US Dollar exchange rate is rangebound this afternoon as Pound investors await the outcome of the EU vaccine summit. At the time of writing the pair are currently trading at around $1.3726 with the US Dollar supported by better-than-expected GDP growth and decrease in jobless claims from the US. Pound Sterling...

* This article was originally published here

GBP/AUD Forecast: Pound to Australian Dollar Rate Falls Despite Prevailing Risk-Off Mood

GBP/AUD Exchange Rate Sinks Despite Growing Tensions With China The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.2% today, with the pairing currently fluctuating around AU$1.80. The risk-sensitive Australian Dollar (AUD) suffered today following rising concerns over the AstraZeneca vaccine raised by US...

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Pound to Dollar Rate Slides Sharply

Pound Dollar Exchange Rate Sinks as UK-EU Vaccine Tensions Dampen UK Market Confidence The Pound US Dollar (GBP/USD) exchange rate fell by -0.5% following yesterday’s comments from Prime Minister Boris Johnson, who warned that Europe’s third-wave of Covid-19 infections will ‘wash up on our shores’. The pairing...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Edges Higher as Risk-Off Market Mood Weighs on ‘Kiwi’

GBP/NZD Exchange Rate Rises as Tensions Between China and the West Dampen Risk Appetite The Pound to New Zealand Dollar (GBP/NZD) exchange rate rose by 0.6% today as tensions between China – New Zealand’s largest trading partner – and the West have escalated over violations of human rights in Xinjiang. The pairing...

* This article was originally published here