Weekly Round Up

NZDCHF outlook 28/09/20

NZDCHF outlook 28/09/20

The NZD/CHF pair started the year 2020 at around 0.65 and, at the time of writing, is trading at 0.60. Year to date, the Swiss franc appreciated about 7.5% against the NZD. During this week, the Swiss franc appreciated by about 3.2%, with the pair depreciating from...

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EURGBP outlook 18/09/20

EURGBP outlook 18/09/20

On September 02, the pound witnessed an increased sell-off due to which the EUR/GBP pair touched 0.89, its lowest point of the month. However, in the following days, the pair rose substantially and peaked at 0.93 on September 12, gaining about 4.4% in ten days. The...

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AUDCAD outlook 10/09/20

AUDCAD outlook 10/09/20

The AUD/CAD currency pair plummeted to 0.83 from 0.90 in early-March during the first wave of the coronavirus pandemic. The pair, however, recovered subsequently and had been rising since the end of March, gaining about 15%. The pair is trading at 0.956 as of...

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GBPUSD outlook 04/09/20

GBPUSD outlook 04/09/20

The GBP/USD exchange rate has been rising sharply since mid-march 2019 when it plummeted to 1.15. As of 01 September 2020, the pair is trading at a nine-month high of 1.34. The rise is attributable to the general sell-off of the greenback as well as many other...

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