Currency News: UK daily forex news and forecasts
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GBP USD Outlook - VIX Predicted To Increase, Pound to Dollar Exchange Rate Holds Steady
31 Jul 2014 at 6 PM - Written by John Cameron
Today’s session has brought a significant increase in fear levels amongst investors following the news that Argentina has defaulted on its sovereign debt for the second time since the turn of the century. The South American nation admitted defeat and reneged on $1.3bn worth of gilts overnight following the refusal of New York bond-holders refused to negotiate on accepting a full pay-out for the promises-to-pay. The news has...
Pound Sterling to Japanese Yen (GBP/JPY) Exchange Rate Falls as Data Weighs
31 Jul 2014 at 6 PM - Written by David Woodsmith
The Pound (GBP) fell against the Japanese Yen (JPY) on Thursday after it was weighed upon by disappointing data released early in the session; Sterling also made declines against the Euro (EUR) and US Dollar (USD). The UK currency was weakened overnight after a report released by the GfK showed that consumer confidence declined for the first time in six months in July. According to the GfK NOP, its headline consumer confidence...
Today's Euro to US Dollar Rate: EUR to USD Exchange Rateat 8-month Lows as Deflation Worries Weigh
31 Jul 2014 at 6 PM - Written by David Woodsmith
The Euro weakened to a fresh 8-month low against the US Dollar on Thursday after data released earlier in the session showed that the 18-member currency bloc’s annual rate of inflation fell again in July, raising fears that deflation could soon set in. The EUR USD exchange rate sits at 1.33852. According to the data released by the European Union’s statistical office, Eurostat, the regions inflation rate fell to its worst...
Pound to New Zealand Dollar Exchange Rate Fluctuates, UK Data Lacking
31 Jul 2014 at 9 AM - Written by Ben Hughes
New Zealand Dollar Declines Yesterday the New Zealand Dollar exchange rate came under pressure as Fonterra Cooperative Group, the world’s major dairy exporter, trimmed dairy prices. As dairy produce is New Zealand’s most important export the news pushed the ‘Kiwi’ lower against almost all of its main currency counterparts and saw the asset drop below 85 US cents. Fonterra’s milk price forecast for the period 2014-2015...
Euro, Pound Sterling, Dollar & Australian Dollar Foreign Currency Exchange Rate Predictions & Forecasts
31 Jul 2014 at 9 AM - Written by John Cameron
Currency News UK: Euro, Pound Sterling, Dollar & Australian Dollar Foreign Currency Exchange Rate Predictions & Forecasts - The impression grows that all of the good news from the UK economy has now been factored-in to pricing on the POUND STERLING (currency:GBP). Yesterday’s news that speculators had cut their net long positions on the British tender by 28,915 contracts since the first week of July may hold back the Pound...
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
Pound to US Dollar Rate TODAY - US GDP Pushes GBP/USD Exchange Rate Below 1.69
30 Jul 2014 at 7 PM - Written by John Cameron
On Wednesday, a day of key risk events, the US Dollar (currency:USD) has pushed ahead against both the Pound Sterling (currency:GBP) and the euro (currency:EUR) exchange rates. The improvement throughout the day for the Buck was driven by this afternoon’s stunning US Gross Domestic Product data for Q2. The most notable foreign exchange market levels are as follows: - The pound to dollar exchange rate is -0.12 per cent...
Pound to Rupee Exchange Rate Today - GBP INR Softer Against Rallying Indian Currency
30 Jul 2014 at 6 PM - Written by Frank Davies
Currency News UK: The Pound to Rupee exchange rate (GBP/INR) softened against a rallying Indian Rupee on Wednesday in a day packed with major data releases. Alas the UK was not one of the places where data could be found and as such the Pound was seeing mixed trade against most of its major peers. The currency could make gains against the Euro later in the session if the latest inflation figures out of Germany disappoint the...
Fed Action Forecast To Alter Levels On VIX, EUR, USD & JPY
30 Jul 2014 at 10 AM - Written by John Cameron
The markets have been hit by an unexpected bout of complacency during recent months. Despite the continuation and extension of the Arab Spring into the Middle East, with the Islamic State, (formerly known as ISIS), surging into Iraq during the early part of this year, investors remained unfazed. Even when Russia appeared likely to launch an all-out land offensive into Ukraine within recent months, market participants remained...
CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Japanese Yen Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts Pound Yen Forecasts
Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Softens as New Zealsnd's Currency Supported by Dovish FED
30 Jul 2014 at 10 AM - Written by David Woodsmith
The British Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate softened and slipped against most of its major peers on Wednesday as it was revealed that the currency has lost its place as the most popular bullish bet among the G-10 economies. According to the Washington based Commodity Futures Trading Commission, speculators and hedge funds have their cut their bets for further Sterling advances by 28,915 contracts...
Exchange Rates: Australian Dollar, New Zealand Dollar & Rand Rate Losses Forecast On Eurozone Sanctions
29 Jul 2014 at 6 PM - Written by John Cameron
Currency News UK: FX - Australian Dollar, New Zealand Dollar & Rand Exchange Rate Losses Forecast On Eurozone Sanctions - Global share markets have posted decent gains during today’s session in spite of the presence of significant pockets of geo-political risk in the global economy. London’s benchmark FTSE 100 was trading up by 0.62% during its final hour of trading, while Frankfurt’s Dax had gained almost 1.00% on the...
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
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