Latest Currency News Continued - page 79
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Latest Currency News Headlines
Pound Sterling Forecast to Underperform Following Bank of England Comments
15 Jan 2016 at 9 AM - Written by David Woodsmith
STORY LINK Pound Sterling Forecast to Underperform Following Bank of England Comments
Bank of England Inaction Caused the Pound to Weaken
The Bank of England (BoE) surprised nobody by maintaining the funds allocated to its Quantitative Easing programme at the current level of GBP375 bn yesterday.
The announcement that UK interest rates would be maintained at their current record low of 0.5% was also widely expected, but the tone of the commentary contained in the minutes of the BoE meeting heaped further...
CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts
Renewed Gains Forecast for Pound Sterling (GBP) vs AUS NZD CAD
14 Jan 2016 at 8 AM - Written by James Fuller
STORY LINK Renewed Gains Forecast for Pound Sterling (GBP) vs AUS NZD CAD
Commodity Currencies, AUD, NZD, CAD Recover on Chinese Trade Data
The high yielding Commodity Dollars enjoyed a boost during early trading yesterday following the publication of a rare set of encouraging data from the world’s second largest economy. Chinese trade numbers are always a closely monitored data release and the latest version, published during the overnight session, were even more hotly anticipated than normal...
Pound to Euro Recovers from Worst Conversion on 2016 Brexit Bets
11 Jan 2016 at 2 PM - Written by Frank Davies
STORY LINK Pound to Euro Recovers from Worst Conversion on 2016 Brexit Bets
Pound Sterling to Euro Exchange Rate Update: GBP Hits 11-Month Low VS EUR, over 5-Year Low against USD
After plummeting to an 11-month low towards the close of last week, the pound to euro exchange rate was able to recover some of its recent losses.
The GBP/EUR currency pair climbed from a low of 1.3252 to a high of 1.3417 on the back of bets that the UK’s in-out European Union referendum will be held this year.
CATEGORIES: Daily Currency Updates Euro Forecasts Pound Sterling Forecasts