Currency News: UK daily forex news and forecasts

The Pound Euro exchange rate (GBP EUR) is 1.1981. The Pound Dollar exchange rate (GBP USD) is 1.5705. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4752. Market participants will be eagerly awaiting news of developments from Greece during today’s session, following last night’s resumption of debt talks between the Greek... [...]

POUND STERLING Today’s session saw the Pound perform tamely against the other majors, with the notable exception being the US Dollar. This morning’s CBI Reported Sales data for January came out significantly worse than anticipated, adding to downside pressure for Sterling. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The... [...]

The Pound Euro exchange rate (GBP EUR) is 1.1959. The Pound Dollar exchange rate (GBP USD) is 1.5694. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4744. Yesterday was a day of significant events, comments and releases in the currency markets. UK data provided the first risk events of note, with the release of official Q4... [...]

POUND STERLING On the face of it, today was a poor day for the UK economy, with official government data showing that British economic activity contracted by 0.2% in the final quarter of 2011. The minutes of the most recent Bank of England Monetary Policy Committee meeting were also released, showing that several members are keen to... [...]

The Pound Euro exchange rate (GBP EUR) is 1.1970. The Pound Dollar exchange rate (GBP USD) is 1.5606. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4814. Yesterday’s session was marked by a doom-laden statement from the IMF regarding the future prospects of the world’s economy. It wasn’t the first time in recent months that the... [...]

POUND STERLING Investors holding Sterling assets sat on their hands today, ahead of tomorrow’s key UK data releases. Both the Bank of England Minutes of its January meeting and the advanced UK Q4 GDP data are penned in for release at 0930hrs GMT tomorrow morning. Various outcomes are possible, with the potential nightmare scenario coming... [...]

The Pound Euro exchange rate (GBP EUR) is 1.1952. The Pound Dollar exchange rate (GBP USD) is 1.5552. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4844. The Pound New Zealand Dollar exchange rate (GBP NZD) is 1.92054. The Sterling Rand exchange rate (GBP ZAR) is 12.39923. The major overnight news in the currency markets once... [...]

The Pound Euro exchange rate (GBP EUR) is 1.1981. The Pound Dollar exchange rate (GBP USD) is 1.5562. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4760. Market focus returned to the Europe’s ongoing debt crisis, at the start of this week’s session in the currency markets, with Eurozone finance ministers preparing to meet in... [...]

The Pound Euro exchange rate GBP EUR is trading at 1.20151, up 0.57%. The Pound Dollar exchange rate GBP USD is trading at 1.54847, up 0.34%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.1.48376, down 0.22%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.92919, down 0.02%. The Sterling Rand rate GBP... [...]

The Pound Euro exchange rate (GBP EUR) is 1.1975. The Pound Dollar exchange rate (GBP USD) is 1.5488. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4884. The major news story in the currency markets yesterday came with confirmation from the International Monetary Fund of rumours from earlier in the week that they are set to seek... [...]