Latest Currency News Continued - page 4
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Latest Currency News Headlines
GBP AUD Rally Seen after Shock Slide in Australian Trade Balance
2 Mar 2017 at 1 PM - Written by James Fuller
STORY LINK GBP AUD Rally Seen after Shock Slide in Australian Trade Balance
GBP Climbs against AUD despite Fears of Commons Bill Defeat
The Pound has managed a 0.6% rise against the Australian Dollar today, which comes after the UK Government was ‘defeated’ over an Article 50 amendment in the House of Lords.
Peers voted by a majority of over 100 to approve the amendment in question, which requires the Government to plan to secure the rights of EU citizens after Brexit begins.
CATEGORIES: Australian Dollar Forecasts Currency Predictions
Increase in Fed Rate Hike Bets Sends USD/GBP to Multi-Week Best
2 Mar 2017 at 11 AM - Written by Minesh Chaudhari
STORY LINK Increase in Fed Rate Hike Bets Sends USD/GBP to Multi-Week Best
The US Dollar to Pound exchange rate continued to advance on Thursday morning as investors were unimpressed by this week’s UK data. The US Dollar was able to capitalise thanks to hawkish Fed official comments boosting Federal Reserve interest rate hike bets.
USD/GBP began the week trading at the level of 0.8021 and has since gained over a pence in value. Thursday’s high of 0.8155 was the best USD/GBP level since the 16th of...
CATEGORIES: Daily Currency Updates Dollar Pound Forecasts
GBP CHF Exchange Rate falls as UK Manufacturing Slows
1 Mar 2017 at 2 PM - Written by Toni Johnson
STORY LINK GBP CHF Exchange Rate falls as UK Manufacturing Slows
The British Pound to Swiss Franc exchange rate continued to trend near the week’s lowest levels on Thursday afternoon. Sterling’s attempts to recover were limited by solid demand for ‘safe haven’ currencies.
With Federal Reserve interest rate hike bets soaring in the US, investors began to speculate that the world’s biggest economy could see higher interest rates sooner rather than later, which sparked demand for...
CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts
EUR to GBP Exchange Rate Holds Ground Thanks to Solid Eurozone Ecostats
28 Feb 2017 at 4 PM - Written by Tim Boyer
STORY LINK EUR to GBP Exchange Rate Holds Ground Thanks to Solid Eurozone Ecostats
The Euro to British Pound exchange rate looked to extend its weekly highs on Wednesday afternoon and moved at a rate of over 0.3% towards the end of the European session.
Investors continued to return to the Euro thanks to Germany’s better than expected February inflation projections, which unexpectedly improved from 1.9% to 2.2% and beat the forecast 2.1% year-on-year.
[Previously updated 28/02/2017]
The Euro to Pound...
CATEGORIES: Daily Currency Updates Euro Forecasts
USD CAD Exchange Rate Trends Jumps with Trump Poised to Unveil Budget Plans
28 Feb 2017 at 4 PM - Written by David Woodsmith
STORY LINK USD CAD Exchange Rate Trends Jumps with Trump Poised to Unveil Budget Plans
The US Dollar to Canadian Dollar exchange rate continued to advance on Wednesday afternoon, hitting its highest levels since the beginning of January.
Demand for the US Dollar improved in the afternoon as February’s US manufacturing PMI from ISM came in well above expectations, rising from 56 to 57.7. The Canadian Dollar was little influenced by the afternoon’s Bank of Canada (BOC) policy decision. The bank left policy...
CATEGORIES: Daily Currency Updates
USD to CAD Exchange Rate Edges Higher as Investors Await Trump Address
27 Feb 2017 at 1 PM - Written by Frank Davies
STORY LINK USD to CAD Exchange Rate Edges Higher as Investors Await Trump Address
The US Dollar to Canadian Dollar exchange rate shed all of last week’s gains on Friday as Canada’s latest inflation results impressed. USD/CAD opened this week edging higher on Fed rate hike bets.
USD/CAD ultimately trended flatly last week, slipping from 1.3095 to 1.3091. When markets opened on Monday, USD/CAD edged higher to around 1.3113, where it trended at the time of writing.
USD Struggles to Capitalise on Fed Rate...
CATEGORIES: Currency Predictions
Minor Drop in GBP AUD Exchange Rate Follows Confident Comments from RBA Governor
24 Feb 2017 at 10 AM - Written by Minesh Chaudhari
STORY LINK Minor Drop in GBP AUD Exchange Rate Follows Confident Comments from RBA Governor
GBP AUD Exchange Rate Worsens as Uncertainty Persists over Article 50 Debates
UK data has been thin on the ground today, resulting in a slight drop for the Pound against the Australian Dollar.
The only direct news has covered BBA mortgage approvals in January, which have risen from 43.23k to 44.7k.
The ongoing Article 50 debates in the House of Lords have failed to cause much movement for the Pound today; the latest...
CATEGORIES: Australian Dollar Forecasts
USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates
23 Feb 2017 at 4 PM - Written by Ben Hughes
STORY LINK USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates
The US Dollar to Canadian Dollar exchange rate trended flatly near the week’s opening levels on Friday afternoon after hitting a new weekly low of 1.3064.
Demand for the Canadian Dollar improved following the publication of Canada’s impressive January Consumer Price Index (CPI) results. Year-on-year inflation rose from 1.2% to 2.1% while month-on-month inflation improved from -0.2% to 0.9%. Inflation comfortably beat...
CATEGORIES: Currency Predictions Daily Currency Updates