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Latest Currency News Continued - page 79
Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 79

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

Weekly Global Foreign Currency Market Data Forecast for Pound Sterling (GBP)

18 Jan 2016 at 12 PM - Written by John Cameron

UK Inflation Predicted to Provoke Sterling Volatility Tomorrow This week’s session in the global FX market is peppered with tier one data releases and analysts forecast pronounced movement for Pound Sterling (currency : GBP) currency pairs as a consequence. Tomorrow’s session could prove seminal for Sterling, with the publication of December’s UK Consumer Price Index inflation numbers. The official statistics are...

CATEGORIES: Australian Dollar Forecasts New Zealand Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Renewed Losses Forecast for Oil, Attendant Gains for GBP NOK and GBP CAD Predicted

18 Jan 2016 at 8 AM - Written by Minesh Chaudhari

Norwegian Krone and Canadian Dollar Under Pressure from Low Oil Prices Friday’s session brought a renewed slump in global oil prices which saw the price of a barrel of Brent Crude drop to just above the $29 level at one point. The fall-out saw investors move en masse out of the oil-driven Norwegian Krone (currency : NOK) and the Canadian Dollar (currency : CAD). Iran Sanctions Officially Lifted; Adding Further...

CATEGORIES: Canadian Dollar Forecasts Norwegian Krone Forecasts Pound Canadian Dollar Forecasts Pound Norwegian Krone Forecasts

Gains Forecast for Pound Sterling (GBP) vs NOK & CAD on Oil Price Slump

15 Jan 2016 at 5 PM - Written by Tim Boyer

Global Stock Markets Continued to Struggle Today Global stock markets have once again suffered pronounced downside today, with London’s benchmark FTSE 100 index shedding over 2.0% of its value on the day. America’s exchanges opened up sharply lower when US trading recommenced during the middle part of this afternoon and the losses have stuck, with the tech-heavy Nasdaq down by over 3.0% at the time of writing and Wall...

CATEGORIES: Canadian Dollar Forecasts Norwegian Krone Forecasts Pound Canadian Dollar Forecasts Pound Norwegian Krone Forecasts Pound Sterling Forecasts

Pound Sterling Forecast to Underperform Following Bank of England Comments

15 Jan 2016 at 9 AM - Written by David Woodsmith

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

GBP EUR Pound Sterling Euro Exchange Rate Forecast Turns Negative on Technicals

14 Jan 2016 at 11 AM - Written by John Cameron

Positive Australian Labour Market Data Limited AUD/GBP Losses Today Significantly better than expected Australian jobs data, published during the overnight Asian session, has helped limit the losses for the Australian Dollar (currency : AUD) against the Pound Sterling (currency : GBP) today. The risk-driven Aussie was already under pressure thanks to a widespread shift out of risk from Asian equities traders by the time the...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar 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

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...

CATEGORIES: Forecasts

Pound Sterling (GBP) Foreign Currency Forecast vs USD EUR CAD

13 Jan 2016 at 12 PM - Written by Ben Hughes

Pound Sterling (GBP) Exchange Rate on Neutral/Negative Footing The POUND STERLING (currency : GBP) has struggled to make any headway against the other major global tenders following UK Chancellor of the Exchequer George Osborne’s recent assertion that the domestic economy faces multiple threats. While global oil prices remain at multi-year lows, any Bank of England interest rate increase is off the table and the Pound is...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts Pound Euro Forecasts

Pound Sterling GBP Forecast Hinges on Oil Price

13 Jan 2016 at 8 AM - Written by John Cameron

Pound Sterling to US Dollar Conversion Rate Hits Over 5-Year Low The Pound Sterling (currency : GBP) endured another dismal session yesterday. The move against the UK unit sent the Pound US Dollar exchange rate down to 1.4408 - its lowest level for five and a half years, while the Sterling euro exchange rate also plumbed the bottom of its recent trading range, plunging to an intraday low of 1.3258 GBP EUR during the middle part...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Turkish Lira (TRY) Exchange Rate Battered Today by Domestic Terrorism

12 Jan 2016 at 5 PM - Written by David Woodsmith

GBP/TRY Exchange Rate Plummets Following UK Data The current week has seen the Pound Sterling to Turkish Lira (GBP/TRY) exchange rate fluctuate wildly; the UK currency opened with a sizable gain up to 4.4277 yesterday, but has dropped off dramatically today, having hit a low of 4.3656 in the wake of some crushingly disappointing UK economic publications. Last week, the GBP/TRY pairing followed a similar path, as while the...

CATEGORIES: Currency Predictions Daily Currency Updates Turkish Lira Forecasts

Pound to Euro Recovers from Worst Conversion on 2016 Brexit Bets

11 Jan 2016 at 2 PM - Written by Frank Davies

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. When...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Sterling Forecasts