Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 102

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

Pound Remains Subdued Against Euro Despite Positive December UK Online Retail Sales

9 Jan 2013 at 9 AM - Written by Toni Johnson

Yesterday’s figures from the British Retail Consortium (BRC) revealed a marked alteration in the way UK economic participants are buying their goods and services. The December retail sales figures from the BRC showed a near 20% annualised increase in the value of online non-food orders, dwarfing the overall year-on-year increase in British...

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

Pound Euro Exchange Rate (GBP EUR) Tumbles On Barroso?s Words

8 Jan 2013 at 9 AM - Written by Tim Boyer

Sterling endured a mixed day in the currency markets yesterday, initially recording pronounced losses against the Australian and Kiwi Dollars. An encouraging set of new car sale data, released by the SMMT yesterday morning, showed that British new car sales had reached their highest level since 2008 last year, providing some reason for...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts

Pound Euro Exchange Rate (GBP EUR) Forecasted To Threaten 13-Month Low Following British PM?s Grave Debt Warning

7 Jan 2013 at 9 AM - Written by John Cameron

Thin trading volumes during the week between Christmas and the New Year saw the GBP EUR exchange rate break down to a new 8 ½ month low of 1.2158. Although the first few days of 2013 saw the Pound claw back some of the ground it lost over the festive period, taking the GBP EUR exchange rate back up to close to 1.2400 last Thursday, the pair...

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

Pound Euro Exchange Rate (GBP EUR) Heads Lower Following Dire UK PMI Services Data

4 Jan 2013 at 10 AM - Written by Ben Hughes

This morning’s session started on a duff note for the euro following the release of a disappointing set of Purchasing Manager Index surveys for the whole of eurozone and for Europe’s primary economic power – Germany. The Teutonic PMI survey for the services sector was a particular blow for the single currency, showing a dip in...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Dollar Exchange Rate (GBP USD) Dips Despite US 'Fiscal Cliff' Debt Deal

3 Jan 2013 at 9 AM - Written by Frank Davies

Yesterday’s session in the currency markets saw a return to more usual levels of volume for the first time since the week prior to Christmas. It also brought some significant price action as institutional investors scrambled to adjust their positions following the announcement of an agreement between warring Democrat and Republican factions...

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Bank Of Japan Stimulus Measures Send GBP USD Exchange Rate Lower

20 Dec 2012 at 9 AM - Written by Tim Boyer

The Bank of Japan announced during last night’s Asian session that it is set to throw the proverbial kitchen sink at its flagging economy in an effort to increase activity levels. The Japanese central bank has revealed within the last four hours that it is to add a whopping Y10tn to its existing asset purchase scheme in order to promote the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP USD, GBP AUD And GBP NZD Exchange Rates Depend On Positive Outcome In US Fiscal Cliff Talks

19 Dec 2012 at 9 AM - Written by Toni Johnson

Sentiment towards the US Dollar ebbed and flowed during yesterday’s session in the currency markets in time with investors’ feelings on the likelihood of a timely resolution to the long-running discussions between Republican and Democrat lawmakers in the US. A failure to reach a compromise on the world’s leading economy’s budget would...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Dollar Forecasts

Pound Australian Dollar Exchange Rate Edges Higher Following RBA Minutes

18 Dec 2012 at 9 AM - Written by Minesh Chaudhari

The minutes of the latest Reserve Bank of Australia policy meeting, which took place in the first week of this month, were released during last night’s Asian session and they were notable more for what they did not contain than for what they did contain. The notes from the RBA’s December board meeting observed diminishing levels of...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

UK Property Prices Plummet, But GBP EUR And GBP USD Exchange Rates Trade Slightly Up

17 Dec 2012 at 10 AM - Written by John Cameron

This morning’s Rightmove UK House Price survey showed a monthly drop-off of a whopping 3.3% over the past month in the asking price of British properties – well ahead of analysts’ expectations of a 2.6% dip. The disappointing print has underlined that activity in Britain’s housing sector remains subdued, however Rightmove also...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Dollar Exchange Rate Could Dip As Standard & Poor?s Place UK?s AAA Credit Rating On Watch

14 Dec 2012 at 9 AM - Written by Tim Boyer

The evidence is mounting that economic activity in China and its hinterland is on the up. Last night’s Asian session brought the release of another set of encouraging data from the world’s second largest economy, this time in the form of this month’s HSBC Flash PMI survey for the manufacturing sector. The closely-watched gauge of the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts