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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

Losses Forecast for Pound Sterling Euro Exchange Rate GBP EUR as Constitutional Concerns Grow

28 Oct 2015 at 8 AM - Written by David Woodsmith

Pound Sterling Exchange Rate Held Firm Yesterday despite Weaker-than-Expected GDP The Pound Sterling (currency : GBP) held its own during yesterday’s session in spite of a distinctly below-par set of UK Gross Domestic Product figures, published during yesterday morning’s European equities session. However, the official numbers, which pointed to a pronounced slowdown to 0.5% in the pace of expansion in the British...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

British Pound Sterling GBP Outlook Remains Neutral to Positive Despite UK GDP Data

27 Oct 2015 at 4 PM - Written by John Cameron

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

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

Weekly British Pound Sterling Exchange Rate Forecast against EUR USD NZD

26 Oct 2015 at 12 PM - Written by Tim Boyer

Deflation Concerns Hampered Pound Sterling (GBP) Exchange Rate Gains Last Week The POUND STERLING (currency : GBP) recorded strong gains at the expense of several of the leading global tenders during the second half of last week. However, the Pound’s sharp move lower of two weeks ago, which was triggered by the news that the domestic economy had slipped back into deflation, remains fresh in the minds of investors....

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

Will Federal Reserve Pre-Announce Interest Rate Hike? US Dollar USD Gains Forecast vs Pound Sterling

26 Oct 2015 at 9 AM - Written by James Fuller

Pound Sterling (GBP) Exchange Rate Forecast to Fluctuate This Week This week’s session in the global currency markets is forecast to bring considerable market movement for the Pound Sterling (currency : GBP) against the other majors. Federal Reserve Rate Hike to Dominate Focus, Will US Dollar Gain? Investors will have to wait until Wednesday evening, when the US Federal Reserve makes its penultimate monetary policy...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound Sterling Canadian Dollar GBP CAD Exchange Rate Forecast Higher on Inflation Data

23 Oct 2015 at 5 PM - Written by John Cameron

Prospect of ECB Easing Supports Commodity Dollar's including CAD, AUD, NZD The Pound Sterling Canadian Dollar exchange rate GBP CAD looked likely to plunge back below the two to one threshold in early trading today, but developments on the global and domestic front have triggered a pronounced turnaround. The Loonie enjoyed a surge of support against the Pound which started yesterday afternoon when the European Central...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Analysts Forecast that GBP AUD Exchange Rate has Topped Out

23 Oct 2015 at 8 AM - Written by Ben Hughes

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

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

Today’s British Pound Sterling Exchange Rate Outlook vs EUR USD CAD

22 Oct 2015 at 7 AM - Written by John Cameron

GBP/EUR Conversion Rate Hit 1.36 after UK Government Borrowing Fell Official statistics showing that the total level of UK government borrowing had fallen during the first half of the financial year provided support for the POUND STERLING (currency : GBP) during yesterday’s session. The drop of almost 14% to £46.3bn from the Public Sector Net Borrowing excluding public sector banks figure compared to the year before...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Euro Forecasts Pound Sterling Forecasts

Losses Forecast for Pound Sterling Australian Dollar Exchange Rate GBP AUD

21 Oct 2015 at 12 PM - Written by Minesh Chaudhari

Investors already knew that the Reserve Bank of Australia (RBA) had opted to maintain its headline interest rate at 2.00% at its October monetary policy meeting, however this didn’t stop the minutes of the get-together, published during the early hours of yesterday morning, from triggering significant price action for the Australian Dollar (currency : AUD). GBP/AUD Conversion rate Declined in Response to Positive RBA...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts