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Currency News: UK daily forex news and forecasts

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Latest Currency News Headlines

Positive US Data Sees GBP USD Exchange Rate Forecast Lower

27 May 2016 at 3 PM - Written by Toni Johnson

The Pound has lost out against the US Dollar today, on account of the latest US GDP increase bolstering the 'Buck' against its rivals. US Data Weighs on Fed Rate Hike Bets, Sends USD Exchange Rate Lower A raft of disappointing data releases, out in the States this afternoon, have seen investors scale back their expectations regarding the potential of a Federal Reserve interest rate hike next month. In a double blow to...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts

US GDP Data Sends GBP USD Exchange Rate Forecast Lower on Increased Fed Rate Hike Bets

27 May 2016 at 8 AM - Written by Tim Boyer

The US Dollar has crept up against the Pound today, on account of a positive GDP result for the US making a Fed rate hike in June that much more likely a possibility. GBP/USD Exchange Rate Softens in Heavy Data Day Yesterday’s session was a busy one for data releases across the global currency markets. The stand-out figure proved to be April’s US Durable Goods Orders figure, which was published during the early part of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling GBP Exchange Rate Forecast vs USD CAD - Another Limited UK Data Week Incoming

26 May 2016 at 3 PM - Written by Tim Boyer

Next week may be something of a repeat of the current one for the Pound, given that most of the notable UK data isn't spread evenly across the week. The early-afternoon tomorrow may send the US Dollar soaring, if the Q1 annualised GDP result rises as expected. This is on account of the assumption that such an outcome will go a long way to increasing the odds of a US interest rate hike taking place in June. Sliding Brexit...

CATEGORIES: Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling (GBP) Forecast Uncertain as EU Referendum Debate Promises to Bring 'Leave' Arguements

26 May 2016 at 9 AM - Written by John Cameron

The remaining weeks before the EU Referendum vote could see the Pound dip, due to an increased likelihood of 'Brexit' arguments being made due to the arrival of Purdah. The Pound has lost out against its rivals in a major way today, owing to the latest UK business investment stats for the first quarter showing a -0.5% drop off on the quarter and the year. GBP Exchange Rates Record Further Gains on Falling Brexit Bets The...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Brexit Less Likely : Pound Sterling (GBP) Forecast Deteriorates Considerably

25 May 2016 at 8 AM - Written by Ben Hughes

The Pound has proven a victim of the winds of change today, having crashed against the board due to earlier weak GDP printings. While earlier polling data painted a more mixed picture, the Pound has nonetheless been able to appreciate heavily against rivals due to the 'Remain' campaign directly challenging their 'Leave' competitors over economic forecasts. Easing 'Brexit' Fears caused Pound Sterling (GBP) Exchange Rates to...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Currency Newsflash : Investors Put Cart Before Horse – Sterling Outlook Improves Measurably against Competition

24 May 2016 at 12 PM - Written by David Woodsmith

Sterling has managed to stay on top for another day, on account of recent 'Remain' campaign strength lowering the odds of a 'Brexit' occurring. The Pound has remained strong against almost all of its peers today, thanks to continuing investor enthusiasm in Sterling. ORB EU Referendum Poll Supports GBP Exchange Rate Gains Support for the Pound Sterling (currency : GBP) has surged during this morning’s European equities...

CATEGORIES: Pound Australian Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

2 Reasons Why Pound Sterling (GBP) is Forecast to Improve - GDP and 'Brexit' News

24 May 2016 at 8 AM - Written by John Cameron

Tomorrow morning could see the Pound repeat its positive movements, with optimistically-forecast UK GDP and potentially more 'Remain'-supporting news coming out. Opinion Polls Forecast ‘Remain’ to Win EU Referendum The Pound Sterling (currency : GBP) was heavily downsold during the days following the UK government’s February announcement that the European Union In / Out referendum would be taking place on 23rd June....

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Japanese Data Weighs on Risk Sentiment after BOJ Speech, German GDP Data Forecast to Alter Euro (EUR) Levels in Near-Term

23 May 2016 at 2 PM - Written by Toni Johnson

The Yen has recently been a poor prospect, on account of recent support for the nation's controversial low interest rates from a Bank of Japan (BOJ) official. The Pound has dropped off in exchange rate pairings recently, likely owing to increasingly dramatic debates taking place over what might happen if the UK remains in or leaves the EU. Disappointing Japanese Data Weighed on Trader Risk-Appetite, Yen Declines Grim data...

CATEGORIES: Euro Forecasts Japanese Yen Forecasts

Pound Sterling Soars on Recent EU Referendum Arguements

23 May 2016 at 8 AM - Written by Ben Hughes

The Pound has jumped against its rivals recently, owing to a positive reception to a recent EU Referendum poll. The appeal of the Pound has taken a knock lately, likely due to the intensification of EU Referendum news as Purdah approaches. GBP Exchange Rate Forecast: UK GDP in Focus Last week’s session brought significant market movement for the Pound Sterling (currency : GBP) against the other major global tenders....

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

UK Interest Rate Expectations Drive Pound Sterling (GBP) Forecast

20 May 2016 at 4 PM - Written by John Cameron

Bank of England Rate Hike Uncertainty Causing Marked GBP Price Swings Institutional investors place great store on interest rate expectations and the effect which they have on currencies. The Pound Sterling (currency : GBP) has endured significant price action during recent months thanks to the wild swings in the anticipated timing of the first Bank of England (BoE) interest rate hike in a fresh policy tightening...

CATEGORIES: Pound Sterling Forecasts