Author: Richard Martin

Richard Martin
Richard Martin
After working in business development for a major UK currency brokers for several years, Richard left Britain to help set up the company’s Australian office and now lives and works in Queensland; making the most of his new Down-Under lifestyle.

Richard Martin's Articles

Exchange Rate Outlook: AUD/USD Recovers after Chinese GDP Data

Monday, January 20th, 2014

Pound Sterling The Pound was able to advance to a week high against the Euro as a Rightmove housing report showed that house prices rose in January. Further Sterling movement might be limited in the days ahead due to a lack of influential economic news for the UK, but GBP volatility is likely to occur […]

Exchange Rate Outlook: GBP/EUR May Reverse Declines

Friday, January 17th, 2014

Pound Sterling After softening against several of its rivals yesterday in response to a surprise decline in UK house prices, the Pound was struggling to recover ground against the US Dollar and Euro before UK retail sales figures were published. As sales climbed by more than the 0.3 per cent expected Sterling could rally before […]

Exchange Rate Outlook: AUD/GBP Plummets as Jobs Drop

Thursday, January 16th, 2014

Pound Sterling Shortly after the release of UK house price data the Pound edged lower against its US peer and shed gains against the Euro. Rather than showing that house prices surged to a multi-year high in December, the report indicated that property values actually fell at the close of the year. GBP/EUR is trading […]

Exchange Rate Outlook: Euro weakened by German GDP

Wednesday, January 15th, 2014

Pound Sterling The Pound posted widespread advances yesterday as UK inflation slowed unexpectedly. However, the British asset shed gains against the US Dollar this morning before the Governor of the Bank of England delivers a testimony regarding domestic financial stability. The Pound held on to gains against the Euro as German growth data fell short […]

Exchange Rate Outlook: UK Inflation Data to Cause GBP Movement

Tuesday, January 14th, 2014

Pound Sterling Yesterday the Pound softened against the US Dollar and Euro as the UK surprise index dropped to a three-week low. This morning however Sterling was able to recover losses against its currency rivals prior to the release of UK inflation data. Investors are expecting that UK inflation held above the Bank of England’s […]

Exchange Rate Outlook: AUD/USD Nears One-Month High

Monday, January 13th, 2014

Pound Sterling After softening against its peers last week as a result of less-than-impressive domestic data, the Pound was little changed this morning. Although Sterling movement might be limited today due to a lack of significant economic reports for the UK, fluctuations are likely to occur as the week progresses and UK inflation data and […]

Exchange Rate Outlook: EUR/USD Stronger after FOMC Minutes

Thursday, January 9th, 2014

Pound Sterling Ahead of the Bank of England’s rate decision the Pound was close to a two-year high against the US Dollar. The British currency advanced on its peers yesterday thanks to the UK’s optimistic economic outlook and largely retained gains overnight. GBP/EUR is trading in the region of 1.2089 and GBP/USD is trading in […]

Exchange Rate Outlook: AUD/NZD at Five-Year Low

Wednesday, January 8th, 2014

Pound Sterling The Pound fluctuated against the US Dollar early into European trading as UK house prices fell for the first time in 11 months. Sterling put in a patchy performance against several of its other currency rivals prior to tomorrow’s Bank of England rate decision. GBP/EUR is trading in the region of 1.2064 and […]

Exchange Rate Outlook: Aussie Falls, Euro Fluctuates

Tuesday, January 7th, 2014

Pound Sterling During Monday’s trading session the Pound broadly softened as a result of disappointing UK services data and comments regarding the necessity of further spending cuts. The British currency held steady against the Euro and US Dollar as a survey conducted by the British Chambers of Commerce intimated that the UK’s economic recovery will […]

Exchange Rate Outlook: GBP Drops Following Osborne’s Comments

Monday, January 6th, 2014

Pound Sterling The expectation that Chancellor of the Exchequer George Osborne will hint at the necessity of further spending cuts saw the Pound soften against the US Dollar as European trade began. However, if today’s UK services PMI confirms that the sector expanded at a faster pace than forecast in December Sterling could recover losses. […]