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Daily Currency Updates
A round up of the latest daily currency updates from the Currency News desk.
Pound to Euro / Canadian Dollar Exchange Rates Forecast To Head Northwards
5 Dec 2013 at 11 AM - Written by Toni Johnson
Price action during today’s session promises to be dominated by two central bank policy decisions on this side of the Atlantic. The Bank of England leads the way with its latest announcement due at midday today. It’s almost a given that interest rates will once again remain at 0.50% but the tone of any accompanying ‘forward guidance’...
Dollar Exchange Rate Outlook: GBP/USD Forecast Could Lower on FED Volcker Rule
4 Dec 2013 at 10 AM - Written by Tim Boyer
Global stock markets gave up significant ground during yesterday’s session as investors shied away from risk-laden assets ahead of major data releases later today. London’s FTSE 100 closed down by almost 1.00% whilst America’s leading indices shed around 0.50% of their value on the day, signalling a reduced level of risk appetite...
Euro Currency Forecast: GBP EUR Exchange Rate Forecast To Climb if ECB Cut Key Lending Rate
2 Dec 2013 at 9 AM - Written by John Cameron
The Pound euro exchange rate ended last week’s session only slightly below its key level of technical resistance at 1.2048, but it managed to break through this importatnt level during early trading in last night's Asian session. The pair has attempted, and failed, to hold above the 1.2000 threshold on several distinct occasions since it...
Exchange Rate Forecasts: Pound to Euro (GBP/EUR) & Pound to Canadian Dollar (GBP/CAD) To Break To New Highs
29 Nov 2013 at 11 AM - Written by Ben Hughes
Data releases during today’s session are likely to provide investors holding Sterling-denominated assets with further clues on the state of the real economy in the UK. After yesterday’s firm assertion from Bank of England Governor Mark Carney that the recovery in Britain’s housing sector is so strong that a house price bubble might be...
Pound Euro Exchange Rate: GBP/EUR Breaks 1.2000 3rd in October 2013, Forecast Could go Higher
28 Nov 2013 at 11 AM - Written by David Woodsmith
The Pound euro exchange rate (GBP/EUR) made a concerted run at its 10 ½ month high during yesterday’s trading day, breaking to an intraday peak of 1.2004 during the middle part of the European equities session. The pair’s failure to break through its existing near-term high of 1.2048 sounded a bearish signal, but the negative...
CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts
Forecasts: Pound to Dollar Exchange Rate (GBP/USD) & Pound to New Zealand Dollar (GBP/NZD) Predicted to Gain
26 Nov 2013 at 9 AM - Written by Ben Hughes
With eurozone and UK data releases virtually non-existent during today’s session, the gaze of currency market participants is likely to fall on events in the US later today. <h2 style="margin:0;padding:0;font-size:14px;">Pound to Dollar Exchange Rate Could Sharply Increase This Afternoon</h2> This afternoon’s...
Norwegian Krone Exchange Rate (NOK) & Canadian Dollar (CAD) Forecast To Slump On Iran Nuclear / Oil Deal
25 Nov 2013 at 3 PM - Written by David Woodsmith
The Pound to Norwegian Krone exchange rate (GBP/NOK) is currently trading up by 0.73% at 9.9120 GBP/NOK. The Norwegian Krone to Pound exchange rate is currently trading at 0.1009 NOK/GBP. Oil-dependent currencies have given up ground against the remainder of the other majors so far today following news of an accord between Iran and the...
CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates Norwegian Krone Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Norwegian Krone Forecasts Pound Sterling Forecasts
GBP/AUD & GBP/CAD Exchange Rates Break To New Multi-Year Highs
22 Nov 2013 at 11 AM - Written by Minesh Chaudhari
The Commodity Dollars took a pounding in the global currency markets yesterday as investors continued to price-in a higher percentage chance that the US Federal Reserve will be cutting Quantitative Easing before Christmas. Investors took fright at the comments contained in the latest Fed minutes, published on Wednesday evening, which...
CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts
Pound Dollar Exchange Rate Outlook: GBP/USD Forecast To Climb In Spite Of Plosser Comments
19 Nov 2013 at 10 AM - Written by David Woodsmith
The Pound to US Dollar exchange rate (GBP/USD) has come a long way in a relatively short space of time. As recently as the early part of Summer, the pair was changing hands in the higher end of the 1.4000s but the intervening period has seen the Pound motor northwards against a lacklustre Greenback. The move higher for GBP USD has partly...
CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Canadian Dollar Forecasts Daily Currency Updates Dollar Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts
Euro to Pound Exchange Rate: EUR/GBP Forecast To Rise Today as Germany Coalition Talks Progress
18 Nov 2013 at 9 AM - Written by John Cameron
Progress in Germany’s coalition talks could send the Euro Pound exchange rate (EUR GBP) higher. Meanwhile, market participant will be looking closely at this afternoon’s US housing data for clues on the future direction for GBP USD. <h2 style="margin:0;padding:0;font-size:14px;">Euro Exchange Rate 10 Month High at...
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