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More Daily Currency Updates Continued - page 10

A round up of the latest daily currency updates from the Currency News desk.

Today's Euro to Pound Sterling Exchange Rate Tumbles to 2-Month Low on BoE Comments; EUR/GBP @ 0.878

15 Sep 2017 at 1 PM - Written by Minesh Chaudhari

STORY LINK Today's Euro to Pound Sterling Exchange Rate Tumbles to 2-Month Low on BoE Comments; EUR/GBP @ 0.878

The euro to British pound exchange rate is now trading at the lowest level since for two months, quoted at £1 = 0.87890 euros. "We accelerated lower on the MPC news and are testing more important pivot support in the 0.8850-0.8750 region. This pivot is part of the broad medium-term range between 0.8250 and 0.8415. Momentum studies still...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound St Forecasts

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"

13 Sep 2017 at 3 PM - Written by Toni Johnson

STORY LINK Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"

The British Pound to dollar exchange rate has "stumbled badly" after the latest UK wage growth figures missed forecasts. GBP/USD fell to trend in the region of 1.3282, although the US Dollar has made gains more thanks to the weakness in the Pound than because of any intrinsic strength. Scotiabank analysts note a bearish near-term...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

British Pound to Euro LIVE: Best Exchange Rates Return for UK Currency as BoE Signals 2017 Rate Hike

13 Sep 2017 at 11 AM - Written by John Cameron

STORY LINK British Pound to Euro LIVE: Best Exchange Rates Return for UK Currency as BoE Signals 2017 Rate Hike

The pound to euro exchange rate has rallied to fresh best levels today after the Bank of England signaled a rate rise in coming months to combat inflation. GBP/EUR jumped over one percent to breach the 1.12 handle on Thursday, September 14. Pound Sterling Slips as Wage Data Disappoints Sterling dipped this morning as despite the...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St Forecasts

Mid-Week Pound to New Zealand Dollar Outlook: NZ Election Jitters Limit NZD Upside

13 Sep 2017 at 10 AM - Written by David Woodsmith

STORY LINK Mid-Week Pound to New Zealand Dollar Outlook: NZ Election Jitters Limit NZD Upside

The pound to New Zealand dollar exchange rate remains on a negative bias on Thursday 14th September, quoted at 1.82277 (07:30 GMT). After making strong gains in the wake of the latest UK inflation data GBP/NZD returned to a weaker footing. While the Pound surged higher across the board on Tuesday it struggled to sustain this bullishness...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound Forecasts

Best Pound to Australian Dollar Exchange Rate in One Month as UK Inflation Prompts GBP Investors

12 Sep 2017 at 12 PM - Written by John Cameron

STORY LINK Best Pound to Australian Dollar Exchange Rate in One Month as UK Inflation Prompts GBP Investors

The Pound to Australian Dollar exchange rate is holding the previous day's gains, quoted at 1.65863 (+0.07% on the day) on Wednesday 13th September. GBP/AUD surged Tuesday morning as currency markets sentiment was upbeat following the release of the UK’s latest Consumer Price Index (CPI). Pound Sterling (GBP) Climbs as Inflation Beats...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

11 Sep 2017 at 1 PM - Written by Frank Davies

STORY LINK The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

The euro to dollar exchange rate has fallen below the 1.20 handle during the European session, quoted at 1.19955 on Monday, September 11. As the latest round of commentary from European Central Bank (ECB) policymakers proved rather dovish in nature this kept the EUR/USD on a weaker footing at the start of the week. Investors were not...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

The Pound-to-Euro Exchange Rate Outlook: Up to ?1.103 as GBP Traders Await Today's UK Inflation

11 Sep 2017 at 12 PM - Written by James Fuller

STORY LINK The Pound-to-Euro Exchange Rate Outlook: Up to ?1.103 as GBP Traders Await Today's UK Inflation

The pound to euro exchange rate has continued to rise on Tuesday 12th September, quoted at £1 = €1.10321 ahead of today's key sterling-related risk event: the UK inflation. Will GBP/EUR extend its recent uptrend or see a reversal? In their latest brief to clients Lloyds note key levels to watch: "As we head into today’s inflation...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St Forecasts

Pound to Dollar (GBP/USD) Exchange Rate Forecast: "Limited Downside Risk and Firm Support in Upper 1.31s"

10 Sep 2017 at 11 AM - Written by John Cameron

STORY LINK Pound to Dollar (GBP/USD) Exchange Rate Forecast: "Limited Downside Risk and Firm Support in Upper 1.31s"

"Sterling [GBP/USD] seems to be setting itself up for a bit of a squeeze higher in the near-term. Minor consolidation price action late last week has given away to renewed gains so far on the session and a retest of Friday’s high. We see gains extending above 1.3220 towards the upper 1.32s near-term as trend strength oscillators are aligned...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

The Euro to Dollar Rate (EUR/USD) Climbs before Thursday?s ECB Meeting

4 Sep 2017 at 4 PM - Written by Ben Hughes

STORY LINK The Euro to Dollar Rate (EUR/USD) Climbs before Thursday?s ECB Meeting

The Euro to Dollar exchange rate started this week on broadly solid footing, with markets still digesting last week’s disappointing run of US data releases and the escalating crisis with North Korea. The ‘Greenback’ is somewhat bearish today, experiencing thin trading as a result of today being the US Labour Day Holiday. The Euro,...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

27 Aug 2017 at 9 AM - Written by Frank Davies

STORY LINK GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

The pound to rand exchange rate has seen a strong start to the new week, quoted at 16.85377, 0.35 per cent higher than the day's open. The South African currency is also seen lower than both the euro and the US dollar. Although the second revision of the second quarter UK gross domestic product showed no change in the headline growth...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts Pound Sterling Forecasts

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