Currency News: UK daily forex news and forecasts
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Pound to Rupee: GBP/INR News, Forecast and Outlook Today
18 Dec 2014 at 4 PM - Written by David Woodsmith
Yesterday, the Pound softened against the Indian Rupee on speculation that the central bank intervened in the currency markets to halt the Rupee’s rapid declines. Earlier in the week, the Rupee slumped to a 13-month low against a number of major peers as concerns over global growth as weaker data out of China added to worries. Chinese factory output fell to a seven-month low in December. Despite those worries, the Rupee...
Pound Advances versus New Zealand Dollar (GBP/NZD) as NZ Trade Deficit Expands
18 Dec 2014 at 4 PM - Written by Ben Hughes
Currency News UK Brings You Our Latest Pound to New Zealand Dollar Exchange Rate Outlook The Pound gained against the New Zealand Dollar as the antipodean nation’s trade deficit expanded in the third quarter. The deficit grew to -$5.0 billion New Zealand Dollars after a -$1.1 billion in the second quarter. Statistics New Zealand stated: ‘With the value of goods exports falling and imports rising, the current account deficit...
CATEGORIES: Pound New Zealand Dollar Forecasts
Exchange Rate Forecast For Pound Sterling GBP vs EUR USD CHF
18 Dec 2014 at 4 PM - Written by John Cameron
Pound Sterling Steadies on UK Wage Increase Yesterday’s news that average UK earnings including bonuses increased by 1.4% in the three months to the end of October helped prop up the POUND STERLING (currency:GBP) on the day. The Bank of England has stated in recent times that an improvement in real wages in Britain will need to be evidenced before it will consider a domestic interest rate hike. A strong showing from this...
CATEGORIES: Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts Pound Swiss Franc Forecasts Swiss Franc Forecasts
Euro Dollar Exchange Rate Softer Despite Positive Euro Zone data
18 Dec 2014 at 4 PM - Written by Frank Davies
The Euro continued to trade softer against the US Dollar despite the release of a number of positive economic data releases out of the single currency bloc. Positive Data has little impact on Euro exchange rate Data out of Germany showed that the region’s largest economy is on the verge of recovering as the turmoil in Russia and the possibility of a cash injection by the European Central Bank is expected to have little...
Pound Sterling to Euro Exchange Rate Forecast: GBP EUR Improves on Putin Comments
18 Dec 2014 at 4 PM - Written by John Cameron
Shop Sales Data Buoys Pound Sterling Rate Today The Pound Sterling (currency:GBP) was buoyed by the news earlier today that domestic Retail Sales had jumped by a year-on-year 6.4% last month. The pronounced increase was attributed to heavy spending by British shoppers on and around the final Friday of the month which has been dubbed ‘Black Friday’ after its better-known American cousin. Heavy discounting by UK shops...
Pound to Yen Rate Today: GBP/JPY Higher as UK Retail Sales Soar
18 Dec 2014 at 4 PM - Written by Toni Johnson
Pound Climbs Versus the Japanese Yen (GBP/JPY) as UK Retail Sales Soar after ‘Black Friday’ Sale The Pound advanced against the Japanese Yen after UK Retail Sales figures printed favourably. The month of December saw Retail Sales growth reach 6.9% from the former positively revised 4.9%. The recent depreciation in the price of oil has offered UK consumers a little more disposable income at a time where wage growth has...
Pound, Aus Dollar, NZ Dollar and Rand Forecasts: Exchange Rate Predictions for GBP, EUR, USD & ZAR
17 Dec 2014 at 11 PM - Written by John Cameron
Exchange Rate Forecasts for the Pound Sterling (currency:GBP), Australian Dollar (currency:AUD), New Zealand Dollar (NZD) and Rand (ZAR) The minutes of December’s Bank of England monetary policy meeting were published earlier today and they have proved to be generally unhelpful to the Pound Sterling (currency:GBP) exchange rate forecast. Too Early for UK Base Rate Hike In spite of the fact that two of the nine man...
CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts
Pound to South African Rand Exchange Rate Today: GBP/ZAR Stronger on Risk Aversion
17 Dec 2014 at 10 PM - Written by David Woodsmith
The Pound strengthened against the South African Rand as demand for riskier emerging market assets continue to wane on growing fears that the global economy is faltering and commodity prices fall. Earlier in the session, the Rand inched higher against the Pound after the UK currency was briefly weakened by the release of weaker than forecast inflation data. According to the report released by the London based Office for...
Pound to Swiss Franc Exchange Rate Relatively Static after UK Inflation Falls; Heavy Data to Come
17 Dec 2014 at 10 PM - Written by Frank Davies
The Pound stayed within a narrow range against the Swiss Franc after UK consumer prices fell. The Consumer Price Index (CPI) was expected to dip from 1.3% to 1.2% in November; however, the actual figure fell even further to 1.0. Recent falls in the price of oil have contributed greatly to the softer inflation figure. Economist David Kern commented: ‘While weak energy and food prices are pushing down inflation, domestic...
Exchange Rate Forecasts: Pound Sterling, Aus Dollar, Euro and the US Dollar
17 Dec 2014 at 4 PM - Written by John Cameron
Inflation Data Fails to Dent Pound Sterling November’s UK inflation numbers, published earlier today, showed at their lowest monthly level for 12 years. However, the below-expectations print of 1.0% failed to hold back the POUND STERLING (currency:GBP) on the session, as investors focussed on the continued move lower in global oil prices to their lowest level for five years. Other nations are likely to endure...
CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Australian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts
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