Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
Pound Sterling to Japanese Yen (GBP/JPY) Exchange Rate Stronger as Japanese Stocks Rise
30 Oct 2014 at 4 PM - Written by Frank Davies
The Pound (GBP) strengthened against the Yen (JPY) modestly on Thursday as Bank of Japan Governor Haruhiko Kuroda asserted that the decline in the local currency will have a positive impact on Japan’s economic performance. Although Kuroda was explicitly referencing the Yen’s depreciation against the US Dollar, the safe-haven asset has also eased lower against peers like the Pound and Euro. However, while Kuroda was...
Pound to euro: GBP/EUR Exchange Rate Forecast Losses Ahead, Dollar Gains
30 Oct 2014 at 4 PM - Written by John Cameron
Today’s session has brought the publication of two key data sets from the eurozone; however the brace of releases has, up to this point, failed to have the forecast effect on the Pound euro exchange rate GBP EUR. This morning’s German labour market numbers provided the single currency with a positive start to the day. Although the overall unemployment figure for October came in as per expectations, remaining static at...
Euro to US Dollar: EUR Exchange Rate Weaker on US GDP and German Inflation Data
30 Oct 2014 at 4 PM - Written by David Woodsmith
The Euro weakened against the US Dollar after data out of German heightened fears that the Eurozone is sliding closer towards deflation and a report showed that the US economy expanded at a stronger than forecast rate in the third quarter of the year. The US Dollar to euro exchange rate (USD/EUR) strengthened after data released by the Washington based Commerce Department showed that the world’s largest economy expanded more...
ALERT: Pound Euro, Dollar and Singapore Dollar 2015 Forecasts Updated after FED
30 Oct 2014 at 1 PM - Written by John Cameron
Read our leading analyst’s latest foreign currency exchange rate forecasts for the Pound Sterling (currency:GBP) versus the euro (currency:EUR), US Dollar (currency:USD) and Singapore Dollar (currency:SGD). The POUND STERLING (currency:GBP) struggled to record gains against any of the other sixteen most actively traded global currencies on the day yesterday. The UK tender eased following the previous day’s comments from...
CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Singapore Dollar Forecasts Pound Sterling Forecasts Singapore Dollar Forecasts
NZ Dollar Outlook: GBP/NZD Exchange Rate Tumbles as UK Data Flops
29 Oct 2014 at 9 PM - Written by Toni Johnson
The Pound Sterling slid vs the New Zealand Dollar exchange rate (GBP/NZD) on Wednesday after New Zealand Business Confidence rose for the first time in eight months. UK data also fell flat, adding additional downward pressure to the Sterling exchange rate. The ‘Kiwi’ could soften if the Reserve Bank of New Zealand (RBNZ) decides to prolong the pause in the interest rate hiking cycle, which has seen four consecutive...
US Dollar & FED: USD, NZD & CHF Exchange Rates, Forecasts, and the Central Bank Policy
29 Oct 2014 at 6 PM - Written by John Cameron
Yesterday evening brought the latest Federal Reserve policy announcement and the exchange rate markets' anticipation of what lies ahead has radically altered the relative value of the US Dollar (currency:USD). The USD has lost ground against a trade-weighted basket of currencies for the fourth trading day on the trot, making this its worst period of performance since mid-Summer. The following rates have been updated after...
CATEGORIES: Currency Predictions Dollar Pound Forecasts New Zealand Dollar Forecasts Pound Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts Pound Swiss Franc Forecasts Swiss Franc Forecasts
Indian Rupee Exchange Rate Today: INR GBP Softer as Traders Grew Nervous Ahead of FOMC Minutes
29 Oct 2014 at 5 PM - Written by John Cameron
The Indian Rupee (INR) exchange rate gave up earlier gains against the Pound and other peers as investors grew increasingly cautious ahead of an eagerly anticipated Federal Reserve Statement. The outcome of the US Central Banks two day long policy meeting for October is being closely watched by the worlds economists as they try to gauge how dovish policy makers would be. ‘FOMC will be dovish, which is already priced into...
Pound to Aus & NZ Dollar Predictions UPDATED - FED Decision, AUD & NZD Strengthen
29 Oct 2014 at 12 PM - Written by John Cameron
The Pound Sterling (currency:GBP) lost ground vs the Australian Dollar (AUD), and New Zealand Dollar (NZD) exchange rates after it endured another body blow late earlier in the week The Deputy Governor of the Bank of England cast doubt on the conventional wisdom amongst investors that UK interest rates will be heading higher sooner rather than later. Jon Cunliffe, speaking at a conference in Cambridge, stated that he wanted...
CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts
Pound Sterling to Swiss Franc (GBP CHF) Relatively Static - KOF Forecast May Encourage Gains
28 Oct 2014 at 9 PM - Written by Ben Hughes
The British Pound to Swiss Franc (GBP CHF) exchange rate trended in a narrow range on Tuesday, however has seen positive moves as the week has continued. Sterling softened versus other majors after the Bank of England gave further mixed signals on the topic of interest rate hikes. The Pound has long been extremely sensitive to remarks made on the highly anticipated prospect of borrowing cost increases. BoE Governor...
Rand Forex Forecast - ZAR to GBP & EUR Exchange Rates Advance Ahead of Fed Meeting
28 Oct 2014 at 9 PM - Written by David Woodsmith
The South African Rand (ZAR) exchange rate strengthened against the UK Pound (GBP), Euro (EUR) and other major peers as demand for riskier assets increased ahead of the Federal Reserve’s October policy-meeting outcome. Confidence in emerging markets increased causing risk on trading which sent currencies like the Rand, Rupee and Lira higher against the big currencies. The South African Rand in particular has been on a...
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