Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 106

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

Pound Euro Exchange Rate Depends On UK And Eurozone CPI Inflation Data

16 Oct 2012 at 9 AM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Depends On UK And Eurozone CPI Inflation Data

The major risk event during last night’s Asian session came in the form of the release of the minutes of the latest Reserve Bank of Australia minutes. The memos of the Bank’s October meeting, which yielded a surprise 25 basis point cut in the domestic cash rate, proved to be broadly ‘Aussie’-neutral, due to the fact that they provided...

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

Pound Dollar Exchange Rate Could Rise Following Chinese CPI Data, Sterling Investors Nervously Await Tomorrow?s UK CPI Figures

15 Oct 2012 at 10 AM - Written by John Cameron

STORY LINK Pound Dollar Exchange Rate Could Rise Following Chinese CPI Data, Sterling Investors Nervously Await Tomorrow?s UK CPI Figures

The major development in the global markets during the overnight session has been the release of the latest Chinese CPI Inflation figures. Tellingly, the September numbers revealed that the rate of domestic price rises in China had dipped from 2.0% in August to 1.9% last month, suggesting that persistent price pressures in the giant Asian...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP EUR Exchange Rate Dips, US Dollar Investors Await Michigan Confidence Survey

12 Oct 2012 at 10 AM - Written by Tim Boyer

STORY LINK GBP EUR Exchange Rate Dips, US Dollar Investors Await Michigan Confidence Survey

The Pound has lost further ground against the euro during the overnight session, sending the GBP EUR exchange rate down to 1.2364. The firming of the single currency following yesterday’s ECB Monthly Report yesterday has continued, sending the euro higher against both the US Dollar and Sterling. Support for the EUR has come in spite of...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Steady Despite German Chancellor Merkel?s Failure To Offer An Olive Branch To Greece

10 Oct 2012 at 9 AM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Steady Despite German Chancellor Merkel?s Failure To Offer An Olive Branch To Greece

German Chancellor Angela Merkel braved tens of thousands of angry Greek protestors during her visit to the troubled Hellenic state’s capital yesterday. Merkel pointedly failed to announce any loosening of the harsh austerity measures which the Greek populace feel have been asphyxiating them over recent years. In truth, an olive branch was...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Grim IMF Report Downgrades Global GDP Growth Forecast, Pressurising GBP USD Rate, Euro Gains As ESM Is Unveiled

9 Oct 2012 at 9 AM - Written by John Cameron

STORY LINK Grim IMF Report Downgrades Global GDP Growth Forecast, Pressurising GBP USD Rate, Euro Gains As ESM Is Unveiled

After months of political chicanery and manoeuvrings, yesterday’s session finally saw the official announcement from eurozone policymakers that the newly-minted European Stability Mechanism, (ESM), is finally ready to ‘go live’. The announcement came at the latest meeting of the eurogroup of eurozone Finance Ministers in Luxembourg and...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

UK Prime Minister Threatens EU With Budget Veto, Sending Pound Euro Exchange Rate Into A Spin

8 Oct 2012 at 9 AM - Written by James Fuller

STORY LINK UK Prime Minister Threatens EU With Budget Veto, Sending Pound Euro Exchange Rate Into A Spin

The weekend market close has one again brought a significant market development, this time in the form of comments from UK Prime Minister David Cameron which may serve to drive a stake between policymakers in Brussels and London. Cameron used a television interview to confirm that he would consider using the UK’s veto in order to scupper...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Suffers Following Higher Than Anticipated Eurozone PPI Data

3 Oct 2012 at 9 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Suffers Following Higher Than Anticipated Eurozone PPI Data

Yesterday’s session was a relatively quiet one in terms of data releases, with the notable exception of the Reserve Bank of Australia’s policy decision which came out late in the Asian session. Perhaps the most significant figure published on the day proved to be the whole of eurozone Producer Price Index survey for August, which...

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

Pound To Australian Dollar Exchange Rate Spirals As RBA Cuts Interest Rates

2 Oct 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Pound To Australian Dollar Exchange Rate Spirals As RBA Cuts Interest Rates

Market focus during last night’s Asian session settled on the Reserve Bank of Australia’s policy decision. The RBA sprung a surprise on market participants by trimming its key lending rate from 3.5% down to 3.25% - analysts had been anticipating a vote for ‘no change’ by the Australian central bank’s policy committee. The RBA’s...

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

Morning Currency Bulletin : Manufacturing Data In US, Eurozone And UK Set To Shape GBP EUR And GBP USD Exchange Rates

1 Oct 2012 at 9 AM - Written by John Cameron

STORY LINK Morning Currency Bulletin : Manufacturing Data In US, Eurozone And UK Set To Shape GBP EUR And GBP USD Exchange Rates

Today sees a heavy global data schedule herald the arrival of a new month in the currency markets, with the latest edition of PMI Manufacturing surveys in both the eurozone and the UK leading the way. With the European version of the closely-monitored bell-weather of national economic health expected to show that activity in the key sector of...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Weak UK Trade Figures Hold Back The Pound, Spain Announces Deepening Of Austerity Measures

28 Sep 2012 at 9 AM - Written by David Woodsmith

STORY LINK Weak UK Trade Figures Hold Back The Pound, Spain Announces Deepening Of Austerity Measures

Somewhat perversely, Spain’s government responded to the mid-week anti-austerity protests in Madrid by announcing more austerity measures during yesterday’s session. Deputy Prime Minister Soraya Saenz de Santamaria used a set piece speech to reveal that government departments would be slashing spending by an average of 12% during 2013 –...

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

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today