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More Daily Currency Updates Continued - page 103

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

Pound Dollar Exchange Rate Steady, Tonight?s FOMC Decision May Trigger A Move

12 Dec 2012 at 9 AM - Written by James Fuller

STORY LINK Pound Dollar Exchange Rate Steady, Tonight?s FOMC Decision May Trigger A Move

News emerged from North Korea last night that the secretive pariah state had carried out a rocket launch which succeeded in placing a satellite in polar orbit over the earth. The international community has quickly moved to condemn North Korea’s actions, with Japan, South Korea and the USA all issuing statements railing against the rogue...

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GBP AUD And GBP NZD Exchange Rates Could Plummet If US ?Fiscal Cliff? Issue Is Resolved

10 Dec 2012 at 9 AM - Written by David Woodsmith

STORY LINK GBP AUD And GBP NZD Exchange Rates Could Plummet If US ?Fiscal Cliff? Issue Is Resolved

The weekend currency market shut-down brought the release of further encouraging data from China. The numbers revealed that Industrial Production in Asia’s premier economy expanded by an annualised 10.1% against expectations of a 9.8% rise during last month. Figures released at the same time revealed that Chinese Retail Sales had grown by...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Price Action For EUR USD Exchange Rate Sends GBP EUR Higher As ECB Slashes Eurozone 2013 GDP Growth Forecast

7 Dec 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Price Action For EUR USD Exchange Rate Sends GBP EUR Higher As ECB Slashes Eurozone 2013 GDP Growth Forecast

The euro was the major loser during a busy day in the currency markets yesterday. As anticipated, both the European Central Bank and the Bank of England opted to maintain their respective monetary policies at current levels, however it was ECB President Mario Draghi’s comments which followed his Bank’s decision which sent the single...

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

GBP NZD Exchange Rate Eases Following RBNZ Comments, GBP AUD Rate Down On Jobs Data

6 Dec 2012 at 9 AM - Written by Frank Davies

STORY LINK GBP NZD Exchange Rate Eases Following RBNZ Comments, GBP AUD Rate Down On Jobs Data

Last night’s Asian session brought the release of two significant pieces of data from the Antipodes. Perhaps the weightiest development came in New Zealand with the latest Reserve Bank of New Zealand policy announcement which saw the Bank’s policy committee opt to maintain its key lending rate at 2.5%, as per analysts’ expectations....

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Pound Euro Exchange Rate Could Tumble Today If Eurozone Retail Sales Data Beats Expectations

5 Dec 2012 at 9 AM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Could Tumble Today If Eurozone Retail Sales Data Beats Expectations

This morning’s data schedule is dominated by releases from the eurozone. Key amongst these is the latest whole of eurozone Retail Sales data, which is expected to show at a disappointing annualised level of -0.8%. This would be a repeat of September’s dismal showing. If the anticipated result comes to pass, then it appears highly possible...

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

Pound Dollar Exchange Rate Tumbles As US Housing Sector Data Disappoints

29 Nov 2012 at 9 AM - Written by Frank Davies

STORY LINK Pound Dollar Exchange Rate Tumbles As US Housing Sector Data Disappoints

Yesterday’s afternoon session brought the release of a slightly disappointing set of US housing sector data. The New Homes Sales figure for October showed a marginal downward move to 368,000 from September’s 369,000 showing. Analysts had been factoring in a marked increase to 390,000. This outcome was particularly disappointing given...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Depends On German Inflation Data Today

28 Nov 2012 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Depends On German Inflation Data Today

Yesterday’s afternoon session saw the release of yet more encouraging data from the US in the form of the latest domestic Consumer Confidence survey, which revealed that optimism amongst American economic participants has reached its highest level for almost five years. Exactly why this has happened, given the deep set problems in the US...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP EUR Exchange Rate Could Rise Again Following Pro-Independence Result In Yesterday?s Catalonia Election

26 Nov 2012 at 9 AM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Could Rise Again Following Pro-Independence Result In Yesterday?s Catalonia Election

Catalonia has been an integral part of Spain since the year 1456. The 550+ years which have insured have been largely positive, with the autonomous region becoming the wealthiest part of the Iberian state. However, yesterday’s Catalonian election could spell the beginning of the end of the would-be independent state’s association with its...

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

GBP to EUR Exchange Rate Under Pressure From Encouraging German And French Data Sets

23 Nov 2012 at 9 AM - Written by David Woodsmith

STORY LINK GBP to EUR Exchange Rate Under Pressure From Encouraging German And French Data Sets

A slew of eurozone data, released in the early part of this morning’s European session, has proved generally supportive for the euro. The most significant individual figure came in the form of the latest German GDP Growth number for Q3. The finalised release revealed that, as expected, economic activity in the eurozone’s leading economic...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP/EUR Investors Await News On Greek Bailout Funding

21 Nov 2012 at 9 AM - Written by David Woodsmith

STORY LINK GBP/EUR Investors Await News On Greek Bailout Funding

Discord and indecision marked yesterday’s session in the currency markets. A summit in Cambodia, attended by US President Barack Obama, descended into a bitter row between China and the Philippines regarding the ownership of a disputed string of Islands in the South China Sea, whilst China’s long-standing argument with Japan over the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

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