Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 107

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

Euro Rate Today: Athens Riots & Gloomy GDP Forecast From Bank Of Spain Send GBP EUR Exchange Rate Higher

27 Sep 2012 at 9 AM - Written by John Cameron

The eurozone gave a good impression of being the poor relation of the world economy during yesterday’s session - as the protests in Greece and Spain turned violent, global stock markets plummeted. European stock markets summed up the mood in the camp by haemorrhaging support thanks to escalating fears regarding the depth of Spain’s...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Investors Look To German CPI Inflation Numbers To Shape Pound Euro Exchange Rate As Eurozone Debt Crisis Reignites

26 Sep 2012 at 9 AM - Written by Frank Davies

As today’s session gets underway, the market’s focus has returned to the euro. The single currency came under renewed selling pressure earlier this week following calls from Greece for an extension to the term of its stringent EU/IMF/ECB budgetary targets. This time, it was Greece’s Finance Minister, Yannis Stournaras who voiced his...

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

Weak Eurozone PMI And Consumer Confidence Data Sends GBP EUR Exchange Rate Higher

21 Sep 2012 at 9 AM - Written by Minesh Chaudhari

Newspaper headlines continue to obsess about the ongoing EU debt crisis; meanwhile the evidence from the eurozone is mounting and it’s hard to draw any conclusion other than that the region’s real economy is riding for a fall. Yesterday morning saw the release of August’s edition of the closely-watched Markit Flash Purchasing...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Eur Forecasts

Pound To NZ Dollar Exchange Rate Falls On Strong NZ GDP Growth Data, Poor Japanese Trade Figures Threaten GBP USD Rate

20 Sep 2012 at 9 AM - Written by David Woodsmith

Fears that levels of economic activity in New Zealand’s commodity-dependent economy are dropping off the edge of a cliff were allayed by the release of Q2 GDP growth data during last night’s Asian session. The numbers revealed that the Kiwi economy had expanded by an annualised 2.6% in the three months to the end of June – up from...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Fears Over Creditworthiness Of Spanish Retail Banking Sector Take Pound To Euro Exchange Rate Higher

19 Sep 2012 at 9 AM - Written by John Cameron

Yesterday’s session in the global currency markets brought renewed fears regarding the health of Spain’s down-at-heal retail banking sector after the country’s central bank revealed that the debt-ridden Iberian state’s banks are collectively holding a record amount of bad debt. The Bank of Spain’s numbers showed that a whopping 9.9%...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Greek PM Talks Of ?Catastrophic? Debt Default ? Pound To Dollar Upside May Not Last

17 Sep 2012 at 9 AM - Written by John Cameron

Global stocks continued on their post-QE3 upward trajectory during Friday’s session, with London’s FTSE 100 ending the day up by over 1.5%. New York’s Dow Jones registered a less pronounced upward move on the session, ending the day only 0.40% higher than Thursday’s close, suggesting that the euphoria following the Fed’s...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro P Forecasts

Pound to Dollar Exchange Rate Could Tumble If Federal Reserve FOMC Fails To Announce QE3

13 Sep 2012 at 9 AM - Written by David Woodsmith

It’s Thursday September 13th. It’s Federal Reserve FOMC decision day - and that means one thing for the currency markets – pronounced price action. The US central bank’s policy committee has been in purdah for almost 48hrs now. At 16:30hrs BST, Fed Chairman Ben Bernanke will announce the fruits of their deliberations when he reveals...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Investors Nervously Await The German Constitutional Court?s Bailout Fund Ruling ? Pound To Euro Rate Could Spiral

12 Sep 2012 at 9 AM - Written by James Fuller

Events during today’s session in the currency markets are likely to be shaped by the decision of a single, little known body – the German Constitutional Court. The Karlsruhe-based organisation is set to pass judgement later today on whether the European Stability Mechanism should be recognised by Germany’s government. A large section of...

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

Weak Italian GDP Data Could Send GBP EUR Exchange Rate Higher

11 Sep 2012 at 9 AM - Written by Ben Hughes

One key piece of information appears to have been lost in the euphoria which surrounded ECB President Mario Draghi’s announcement of last Thursday that his Bank would be committing ‘unlimited’ funds to its latest bond purchase scheme – that fact is that the real economy in the eurozone is starting to sag under the pressure of the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Firms Despite Soros' Ultimatum For Germany, While Pound To Dollar Exchange Rate Heads Northwards

10 Sep 2012 at 9 AM - Written by Tim Boyer

Last week's session saw marked fluctuations in global appetite for risk, as investors moved to rapidly adjust their expectations regarding the actions of the world economy’s two predominant central banks. Last Thursday brought a key day for the euro, as ECB President Mario Draghi used his monthly post-policy announcement press conference to...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts