Hong Kong Dollar forecast - hkd hong kong dollar hk dollar

The POUND STERLING has hit the headlines for all the wrong reasons today. By the middle part of this afternoon’s European session, Sterling was the worst-performing of all of the sixteen most-actively traded currencies, thanks to this morning’s weak UK trade balance data. The Pound is expected to trade on a NEUTRAL TO NEGATIVE footing...

The EURO has suffered further pronounced selling pressure on the day, with European stock markets losing over 2% of their value due to increasing investor concerns over the apparent political vacuum in France and Holland. Fears that austerity measures are hitting the region’s real economy were stoked by a dramatically...

The POUND STERLING was supported by the release of a report from the British Chambers of Commerce earlier today which observed some ‘signs of improvement’ in Britain’s ailing economy in the first quarter of this year. A far stronger than anticipated UK PMI Manufacturing sector survey, released this morning, backed-up the BCC’s...

Poor British labour market data did not stop the POUND STERLING register healthy gains against the euro and the high yielding currencies on the day. The UK Jobless Claims data showed a bigger increase than had been anticipated, but the Pound traded with a NEUTRAL TO POSITIVE bias on the day. Weaker than anticipated US Current Account data,...

The POUND STERLING has endured a torrid day on the markets, following the release of the minutes of the most recent Bank of England monetary policy committee meeting. The minutes showed that two of the nine-man committee had voted for a £75bn extension to the Bank’s asset purchase scheme, hinting at the likelihood of a further easing of...

The Pound Euro exchange rate GBP EUR is trading at 1.19103, up 0.26%. The Pound Dollar exchange rate GBP USD is trading at 1.58121, down 046%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.47474, up 0.42%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.89789, up 0.22%. The Sterling Swiss Franc rate GBP...

POUND STERLING Today was a light day for UK data releases – the latest Halifax house price data was hard to get excited about, however it did slightly beat expectations. All bets appear to be off for Sterling ahead of Thursday’s heavy data schedule, which includes the latest Bank of England Monetary Policy Committee announcement.....

The Pound Euro exchange rate GBP EUR is trading at 1.20151, up 0.57%. The Pound Dollar exchange rate GBP USD is trading at 1.54847, up 0.34%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.1.48376, down 0.22%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.92919, down 0.02%. The Sterling Rand rate GBP...

The Pound Euro exchange rate GBP EUR is trading at 1.9657, up 0.95%. The Pound Dollar exchange rate GBP USD is trading at 1.53411, down 037%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.48448, up 0.23%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.93299, down 0.06%. The Sterling Rand rate GBP ZAR...

POUND STERLING Lunchtime’s Bank of England monetary policy committee announcement saw the UK’s central bank maintain its interest rates at their current record low of 0.50%, as per expectations. The Bank also elected not to extend its current £275bn asset purchase scheme. Some investors had priced in an increase to the scheme,...