Latest Currency News Continued - page 80
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
Today’s Currency Rate Forecasts For The US Dollar, Euro, Pound Sterling and Australian Dollar
24 Apr 2012 at 6 PM - Written by John Cameron
This morning’s UK public sector borrowing data showed higher than anticipated borrowing levels, suggesting that Britain’s coalition government is struggling to bring the country’s budget deficit under control. The POUND STERLING has had no more than a moderate day as a consequence, and is expected to trade on a NEUTRAL footing ahead of tomorrow morning’s key Q1 UK GDP data, which is likely to be market-moving. The EURO...
Pound Euro Exchange Rate Spirals As Investors Take Fright At French and Dutch Political Impasses
24 Apr 2012 at 9 AM - Written by Ben Hughes
Like the fabled damn which springs leaks at a rate which the boy in the myth can not keep up with, the eurozone appears to be generating problems which are too many and varied for it to handle. The signs at the end of last week were that Spain’s debt problems were easing, as the yield on 10-year Spanish bonds headed lower following Thursday’s successful debt auction, which saw a stronger than anticipated uptake....
Daily Exchange Rate Predictions For The US Dollar, Pound Sterling, Euro and Hong Kong Dollar
23 Apr 2012 at 6 PM - Written by Frank Davies
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 weaker-than-anticipated set of German PMI figures earlier, meaning that the euro trades on a NEGATIVE footing in...
CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Hong Kong Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Hong Kong Dollar Forecasts Pound Sterling Forecasts
Sterling Euro Exchange Rate Jumps To 20-Month High
23 Apr 2012 at 9 AM - Written by John Cameron
Sterling sparkled during last week’s session, out-performing nearly all of the other sixteen most-actively traded global currencies, following a string of encouraging data releases. With numbers released earlier in the week confirming that the level of domestic unemployment was on the wane and that last month had seen an unexpected uptick in inflation, Friday’s UK Retail Sales data for March, which thrashed expectations to...
Exchange Rate Forecasts For GBP, USD, EUR and TRY
21 Apr 2012 at 10 AM - Written by John Cameron
A strong showing for yesterday morning’s UK Retail Sales numbers, sent the POUND STERLING sharply higher in early trading. The Pound gave up some of these gains as yesterday’s European session progressed, thanks to profit-taking from speculators, but it’s still been an encouraging week for investors holding Sterling-denominated assets. The Pound heads into next week’s session on a NEUTRAL TO POSITIVE footing. The US...
Euro Fails To Strengthen In Spite Of Strong Spanish Bond Uptake, As Italy Slashes 2012 Growth Forecast
20 Apr 2012 at 9 AM - Written by Toni Johnson
Yesterday’s session brought relief for global investors as the latest Spanish debt auction saw a strong uptake for the troubled Iberian state’s government bonds. The Spanish treasury had been attempting to shift €2.5bn of its gilts, but managed to sell some €2.54bn worth of debt at significantly reduced yields. The rate of interest paid by Spain on its benchmark 10-year bonds dropped markedly from 5.743% to 5.403%,...
Today’s Exchange Rate Forecasts For The Euro, US Dollar, Pound Sterling and Arab Emirates Dirham
19 Apr 2012 at 6 PM - Written by James Fuller
The POUND STERLING outperformed almost all of the other 16 most-actively traded global currencies on the day, in spite of the fact that there were no tier one data releases during the session. Sterling continued to benefit from UK inflation data, the BoE minutes and British unemployment figures which were released earlier this week and continued to hoover up support from institutional investors shifting their funds out of...
CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dirham Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts Uae Dirham Forecasts
Pound Rallies To A New 19-Month High Against The Euro Following Strong UK Employment Data And BoE Minutes
19 Apr 2012 at 9 AM - Written by David Woodsmith
Investors holding Sterling had been waiting a long time for a strong piece of data to emanate from the UK economy, then yesterday morning two encouraging releases came along at the same time. The Bank of England minutes for April’s meeting caught many analysts on the back foot when they revealed that only one member of the nine-man committee had voted in favour of an extension to the Bank’s QE programme. In recent months,...
CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts Euro Pound Forecasts New Zealand Dollar Forecasts Pound Australian Dollar Forecasts Pound Euro Forecasts Pound New Zealand Dollar Forecasts Pound Sterling Forecasts
Daily Currency Rate Predictions For The US Dollar, Euro, Pound Sterling and Singapore Dollar
18 Apr 2012 at 6 PM - Written by Tim Boyer
The POUND STERLING has jumped in value on the day, following UK employment data which showed that the number of unemployed in Britain had unexpectedly dropped back to 2.65m last month. This morning’s Bank of England minutes, which showed that only one member of the nine-man MPC had voted in favour of an extension to the Bank’s QE programme this month, provided further support for the Pound, which currently trades on a firmly...
CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Singapore Dollar Forecasts Pound Sterling Forecasts Singapore Dollar Forecasts
Jump in UK Inflation Helps Sterling to Euro Exchange Rate Climb
18 Apr 2012 at 9 AM - Written by John Cameron
The future direction of UK monetary policy grabbed the headlines in the currency markets during yesterday’s trading session, as the latest British inflation figures showed a surprise hike in the rate of domestic price rises. March’s headline CPI inflation number showed at an annualised 3.5%, up from February’s counterpart number of 3.4%. Analysts had been expecting the figure to remain at 3.4%, so the release provided some...
Daily Market Updates
Major Currency Forecasts
- Pound Sterling Forecast
- Euro Forecast
- American Dollar Forecast
- Australian Dollar Forecast
- Japanese Yen Forecast
- Swiss Franc Forecast
- New Zealand Dollar Forecast
- Canadian Dollar Forecast
- Norwegian Krone Forecast
- South African Rand Forecast
- Indian Rupee Forecast
- Singapore Dollar Forecast
- UAE Dirhams Forecast
- Turkish Lira Forecast
- Hong Kong Dollar Forecast
- Pound Euro Forecast
- Pound Dollar Forecast
- Pound Australian Dollar Forecast
- Pound Yen Forecast
- Pound Swiss Franc Forecast
- Pound NZ Dollar Forecast
- Pound Canadian Dollar Forecast
- Pound Krone Forecast
- Pound Rand Forecast
- Pound Rupee Forecast
- Pound Sing Dollar Forecast
- Pound Dirham Forecast
- Pound Lira Forecast
- Pound HK Dollar Forecast