Latest Currency News Continued - page 80
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Latest Currency News Headlines
British Pound Sterling GBP Outlook Remains Neutral to Positive Despite UK GDP Data
27 Oct 2015 at 4 PM - Written by John Cameron
STORY LINK British Pound Sterling GBP Outlook Remains Neutral to Positive Despite UK GDP Data
UK GDP sees Slower-than-Expected Growth, Pound Holding Steady
The British are renowned for being obsessed with speaking about the weather and the unseasonably damp climatic conditions during August were the source of much conversation.
However, official data published by the Office of National Statistics (ONS) revealed that the damp conditions during the only month of the year when all UK schools are shut had a detrimental...
CATEGORIES: Pound Sterling Forecasts
CFTC Data Sees Speculators Pare their US Dollar USD Forecast
27 Oct 2015 at 7 AM - Written by John Cameron
STORY LINK CFTC Data Sees Speculators Pare their US Dollar USD Forecast
CFTC Predict US Dollar (USD) Downtrend as Support Slumps ahead of the Federal Reserve Interest Rate Decision
Last Friday’s Commodity Futures Trading Commission (CFTC) data revealed that speculators had significantly scaled back their positive bets on the US Dollar (currency : USD) for the second week in succession.
The figures, which cover the seven days leading up to 20th October, were particularly closely-monitored...
CATEGORIES: American Dollar Forecasts
Analysts Forecast that GBP AUD Exchange Rate has Topped Out
23 Oct 2015 at 8 AM - Written by Ben Hughes
STORY LINK Analysts Forecast that GBP AUD Exchange Rate has Topped Out
FX NEWSFLASH: Australian Dollar (AUD) Exchange Rate Declined on Selling Pressure
Yesterday’s session in the global currency markets proved to be a tumultuous one for the Australian Dollar (currency : AUD).
The Aussie suffered sustained selling pressure during early trading and the source of the selling pressure came from an unusual source; ordinarily, announcements from a retail bank do not have the weight to shift the...
CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts
Pound Sterling to Euro GBP EUR Forecast Positive on ECB Draghi Comments
22 Oct 2015 at 3 PM - Written by James Fuller
STORY LINK Pound Sterling to Euro GBP EUR Forecast Positive on ECB Draghi Comments
Euro Dives on Dovish Draghi, GBP to EUR Conversion Rate Climbs on Positive UK Retail Sales
Today’s session has brought significant movement for the Pound Sterling (currency : GBP), with the UK unit recording strong gains against the other sixteen most actively traded global currencies during morning trading.
Sterling’s forward move was driven by a considerably better than anticipated set of September British Retail...
CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts