Latest Currency News Continued - page 9
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GBP USD Exchange Rate Slides to Six-Week Low Following GDP Report
23 Dec 2016 at 3 PM - Written by Minesh Chaudhari
STORY LINK GBP USD Exchange Rate Slides to Six-Week Low Following GDP Report
The GBP USD exchange rate continued to downtrend today as markets were concerned about a potential decline in UK growth next year despite a positive GDP report in the third quarter.
Pound US Dollar (GBP USD) Falls over Concerns for UK Growth
The Pound US Dollar (GBP USD) exchange rate is likely to end the week around two cents lower than where it started as not even a positive GDP report was able to reverse declining...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling (GBP) to Swiss Franc (CHF) Slips as Swiss-EU Relations Improve
23 Dec 2016 at 3 PM - Written by Ben Hughes
STORY LINK Pound Sterling (GBP) to Swiss Franc (CHF) Slips as Swiss-EU Relations Improve
The Pound to Swiss Franc exchange rate slipped to its worst levels since November on Friday as Brexit concerns continued to weigh on Sterling appeal despite the day’s decent UK growth results.
GBP/CHF fell from the week’s opening level of 1.2818 to a monthly low of 1.2562.
Pound (GBP) Fails to Benefit from Friday’s UK Growth Results
Despite not meeting preliminary figures, Friday’s final Q3 UK Gross Domestic...
CATEGORIES: Swiss Franc Forecasts
Pound Sterling (GBP) to South African Rand (ZAR) Fluctuates near Weekly Lows
22 Dec 2016 at 12 PM - Written by Minesh Chaudhari
STORY LINK Pound Sterling (GBP) to South African Rand (ZAR) Fluctuates near Weekly Lows
The Pound to South African Rand exchange rate fell on Tuesday and has fluctuated near its worst weekly levels since then. Due to a lack of fresh supportive factors for the Pound, investors have seen little reason to buy it this week.
GBP/ZAR began the week trending at 17.48 and on Tuesday dropped into the region of 17.20. Despite some brief ventures above 17.30, the pair has not sustained any notable recovery.
CATEGORIES: Pound Rand Forecasts
US Dollar Japanese Yen Exchange Rate Predictions: Potential for Major US Gains
21 Dec 2016 at 2 PM - Written by Ben Hughes
STORY LINK US Dollar Japanese Yen Exchange Rate Predictions: Potential for Major US Gains
USD JPY Exchange Rate Update: Losses for USD Follow Trump Hints of Terror Response
The US Dollar Japanese Yen exchange rate has been generally poor today, with the pairing declining due to uncertainties present among US investors.
The latest domestic news has mainly focused on President-Elect Trump, who has stated in response to recent terror attacks that a change of thinking is required.
Just what this translates to,...
CATEGORIES: Daily Currency Updates
Lasting Fed Optimism Pushes GBP USD to One-Month Low
20 Dec 2016 at 1 PM - Written by Frank Davies
STORY LINK Lasting Fed Optimism Pushes GBP USD to One-Month Low
The Pound to US Dollar exchange rate slumped on Monday and extended losses as the week continued. A lack of strong new UK ecostats meant there was little reason for investors to buy into the British currency this week and the Fed-strengthened USD was in fashion.
GBP/USD began the week at the level of 1.2490 but dived to 1.23 – its lowest level in a month.
Pound (GBP) Lacks Movement Factors and Falls Limp
CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts
Fears for Future UK/EU Relationship Weigh on Pound Euro Trading
19 Dec 2016 at 11 AM - Written by John Cameron
STORY LINK Fears for Future UK/EU Relationship Weigh on Pound Euro Trading
The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May.
May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore Scotland’s calls for a second Scottish independence referendum.
CATEGORIES: Currency Predictions Daily Currency Updates Pound Euro Forecasts