Daily Currency Updates
A round up of the latest daily currency updates from the Currency News desk.
GBP ZAR Exchange Rate Tight on Zuma Questioning
16 Mar 2017 at 4 PM - Written by Toni Johnson
STORY LINK GBP ZAR Exchange Rate Tight on Zuma Questioning
The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013.
Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...
CATEGORIES: Daily Currency Updates Pound Rand Forecasts
GBP EUR Exchange Rate Slumps Ahead of Spring Budget
8 Mar 2017 at 12 PM - Written by Tim Boyer
STORY LINK GBP EUR Exchange Rate Slumps Ahead of Spring Budget
The British Pound to Euro exchange rate continued to slump on Thursday as investors bought up the Euro following the day’s press conference from European Central Bank (ECB) President Mario Draghi.
The typically dovish Draghi undertook a surprisingly hawkish stance during the presser, stating that downside risks in inflation had largely...
CATEGORIES: Daily Currency Updates Euro Pound Forecasts
GBP USD Exchange Rate Slides as UK House Prices Plummet
7 Mar 2017 at 2 PM - Written by Toni Johnson
STORY LINK GBP USD Exchange Rate Slides as UK House Prices Plummet
The GBP USD exchange rate slumped to a new six-week low this morning as markets reacted poorly to the latest Halifax House Price figures.
Pound US Dollar (GBP USD) Tumbles as UK Housing Data Disappoints
The Pound US Dollar (GBP USD) exchange rate fell this morning following some disappointing housing data from the UK.
CATEGORIES: Daily Currency Updates Dollar Pound Forecasts