Currency Insights

Russian aggression continues to dominate the news

Tea parties and Russian troops dominate the news in the UK. Now that’s not a phrase you would expect to write. The pressure continues to mount on British Prime Minister Boris Johnson after further allegations of lockdown busting gatherings.

USD overbought but Ukraine could increase that pressure

Blogs

The general consensus in the foreign exchange markets is that the US dollar is significantly overbought at the current levels. There is no surprise in that; the heightened tensions relating to the Russian military build-up on the Ukrainian border and the West’s threatened responses to any military action, we're bound to strengthen the US Dollar.

Russian manoeuvres strengthen safe haven currencies

Blogs

The build-up of tension on the Ukraine – Russian border is a significant part of the reason for the USD strength we saw in the latter part of yesterday. GBPUSD is down nearly a cent at $1.3585 this morning.

Australia’s unemployment rate fell to its lowest level in over 13 years

Blogs

UK inflation rose to 5.4% in the year to December. That was above expectations and quite alarming when compared to yesterday's average earnings index, which was up 4.2% in the year to November.

UK CPI at 5.2% beats wages

Blogs

UK inflation rose to 5.4% in the year to December. That was above expectations and quite alarming when compared to yesterday's average earnings index, which was up 4.2% in the year to November.

Sterling steadies as record UK jobs added

Blogs

There was a time when Prime Minister Johnson's current problems would have been referred to as ‘partygate’ but I guess the ‘gate’ days are over. Either way, the vast amount of column inches devoted to drinks at number 10 have weakened Sterling but a very strong UK employment report this morning has abated that decline.

Fourth-quarter GDP rose by 4% from a year ago

Blogs

China’s economy grew by 8.1% in 2021 as industrial production rose steadily through the end of the year and offset a drop off in retail sales, according to official data from China’s National Bureau of Statistics released Monday.

Pound Sterling wobbles with political uncertainty

Blogs

The British Pound has enjoyed a strong start to 2022, with moves higher against the Euro in week one and solid moves against the Dollar throughout this week.

Sterling continues to test EUR, AUD and NZD

Blogs

After much excitement earlier in the week; with Sterling testing multi-month highs across much of the basket, performance since Monday has been more subdued, but still broadly positive.

Sterling hits a new pre-pandemic high

Blogs

Sterling rose yesterday to touch a pre-pandemic high versus Euro, largely supported by expectations that the Bank of England will raise interest rates further. The pairing edged higher to just shy of 1.20 – the highest since February 2020.

Australian retail sales increased by a significantly higher-than-expected 7.3%

Blogs

In November 2021, Australian retail sales increased by a significantly higher-than-expected 7.3%. In the UK, the British Retail Consortium reported that like-for-like sales increased by only 0.6% in December, indicating that sales declined after a robust November.

GBP/USD moves sideways at the beginning of the week

Blogs

GBP/USD has started to move sideways at the beginning of the week after failing to break above 1.3600 on Friday. The pair remains at the mercy of the greenback's market valuations and rising US Treasury bond yields suggest that GBP/USD could stage a downward correction in the near term.

Wait, before you go...

Get a personalised quote from a currency consultant today and see how you can make the most of your money. It takes under a minute to fill in the form.

Name*
First Last
Sell*
Buy*
Amount*
Email*
Country Code*
Phone*
(No cash, bank to bank transfers only. Halo Financial don't trade Indian Rupees.)

Currency Insights

Russian aggression continues to dominate the news

USD overbought but Ukraine could increase that pressure

Russian manoeuvres strengthen safe haven currencies

Australia’s unemployment rate fell to its lowest level in over 13 years

UK CPI at 5.2% beats wages

Sterling steadies as record UK jobs added

Fourth-quarter GDP rose by 4% from a year ago

Pound Sterling wobbles with political uncertainty

Sterling continues to test EUR, AUD and NZD

Sterling hits a new pre-pandemic high

Australian retail sales increased by a significantly higher-than-expected 7.3%

GBP/USD moves sideways at the beginning of the week

For individuals

For business

Affiliates

About Us