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Currency News: UK daily forex news and forecasts

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Latest Currency News Headlines

Pound to Auys Dollar (GBP/AUD) Exchange Rate as UK Data Disappoints Investors

28 Apr 2015 at 1 PM - Written by Frank Davies

GBP/AUD Weakens in Response to Subpar UK Data The Pound fell against the Australian Dollar on Monday after weaker-than-expected UK data surfaced. CBI Business Optimism registered a fall from 15 to 3 in April rather than climbing to 19 as economists had suggested. Additionally, the Trends Selling Prices stat fell into contraction at -3 in April rather than dropping from 4 to 2. However, Trends Total Orders registered growth from...

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

Long Term Euro to Pound Sterling Forecast Improves

28 Apr 2015 at 1 PM - Written by John Cameron

The relative value of the euro (currency:EUR) has been hit hard since the turn of the year following the European Central Bank’s January announcement that it was set to embark upon an unprecedented €1.14 trillion Quantitative Easing programme. Mario Draghi, President of the euroland’s reserve bank, announced at the time the scheme was made public that it would run until September 2016, but his confirmation of this date as...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Pound to South African Rand Exchange Rate Weakens on UK GDP Disappointment

28 Apr 2015 at 1 PM - Written by Ben Hughes

Pound to South African Rand Weakens on UK GDP Disappointment The Pound to South African Rand exchange rate weakened by more than 0.40% after the UK currency was dragged lower by worse than forecast Gross Domestic Product (GDP) growth rate data. The South African Rand meanwhile followed the Euro higher as it received support from increased optimism that a deal will be reached between Greece and its European creditors. The...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Rand Forecasts South African Rand Forecasts

Pound to Canadian Dollar Weakens as Oil Prices Hold at 4-Month High

27 Apr 2015 at 5 PM - Written by Tim Boyer

Pound to Canadian Dollar Weakens as Oil Prices Hold at 4-Month High The Pound Sterling weakened against the Canadian Dollar as the ‘Loonie’ was buoyed by rising oil prices. Investor concerns over the conflicts in the Middle East combined with signs of a slowdown in US oil production to send the value of the commodity climbing higher. Brent crude oil prices now stand at $65.37 per barrel and have risen by $9 since March....

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

Near-Term Forecast Negative for Pound to Canadian Dollar Exchange Rate (GBP CAD)

27 Apr 2015 at 5 PM - Written by John Cameron

The Canadian Dollar (currency:CAD) has surprised investors by outperforming all of the other sixteen major global currencies so far today. The Loonie was assisted by a renewed push higher for the price of a barrel of Crude Oil on the wholesale markets. Brent Crude reached a 4 ½ month high of $65.24 a short time ago as investors expressed their concerns at the potential disruption in supplies from the all-important Middle Eastern...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canadian Dollar Forecasts Pound Sterling Forecasts

British Pound Sterling FX Exchange Rate Forecast vs EUR USD CAD

27 Apr 2015 at 11 AM - Written by John Cameron

Tomorrow’s Q1 Gross Domestic Product figures could be defining for the near-term fortunes of the POUND STERLING (currency:GBP). The final three months of 2014 saw UK economic activity increase by a healthy 0.6%, but analysts are anticipating a lower print from tomorrow’s data. However, the latest growth estimate from the widely-respected NIESR forecast another 0.6% UK GDP increase for the three months to the end of March. The...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Pound Sterling Weekly Roundup - April 20 -24

26 Apr 2015 at 7 PM - Written by Toni Johnson

Euro to Pound Sterling Weekly Exchange Rate Roundup – April 20 -24 At the start of the week, the Euro exchange rate remained under pressure against most of its major peers as concerns over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors continued to weigh upon sentiment. The Pound Sterling firmed against the Euro following the release of German factory price data, which came in...

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

US Dollar to Pound Sterling Weekly Roundup - April 20 -24

26 Apr 2015 at 7 PM - Written by David Woodsmith

US Dollar to Pound Sterling Weekly Roundup – April 20 -24 At the start of the week, the US Dollar remained under pressure against the majority of its most traded peers as weak domestic economic data caused investors to increase their bets that the Federal Reserve will not raise interest rates until the end of the year. The Pound Sterling held onto its gains against the US currency despite there being a lack of domestic market...

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

Australian Dollar Advances against New Zealand Dollar (AUD/NZD) as Central Bank Statements Weigh

26 Apr 2015 at 7 PM - Written by Ben Hughes

AUD/NZD Gained on RBA Rate Cut Comments The Australian Dollar managed to climb higher against the New Zealand Dollar on Friday as investors digested recent central bank statements The week began badly for the ‘Aussie’ with the Reserve Bank of Australia suggesting further interest rate cuts could occur in the near future. However, that all changed when Australia’s latest inflation reading printed positively, showing an...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound to Euro: Negative Comments Forecast to Boost GBP-EUR Exchange Rate

26 Apr 2015 at 7 PM - Written by John Cameron

Pound Sterling to Euro Exchange Rate Forecast Friday’s session on the foreign exchange rate markets was billed as D-Day for the euro (currency:EUR) and there has been significant price action for euro-denominated pairs as a result. In the end, the deadline for Greece to present to the eurogroup of Finance Ministers a comprehensive list of economic reforms has passed without any development, adding to the impression that...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts Pound Sterling Forecasts