Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 110

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

Pound To Australian Dollar Rate Could Make Gains Following Federal Reserve?s Inaction

2 Aug 2012 at 9 AM - Written by James Fuller

STORY LINK Pound To Australian Dollar Rate Could Make Gains Following Federal Reserve?s Inaction

Price action in the world’s currency markets has been dominated by central bank actions and commentary during recent sessions, and this is likely to remain the case during trading today. Last night, the Federal Reserve FOMC surprised and disappointed global investors by failing to announce any fresh measures in order to tackle America’s...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Rate Today - GBP to EUR Exchange Rate Heads Lower As Investors Price-In ECB Action

1 Aug 2012 at 9 AM - Written by David Woodsmith

STORY LINK Euro Rate Today - GBP to EUR Exchange Rate Heads Lower As Investors Price-In ECB Action

Yesterday’s session saw the GBP EUR exchange rate trade down by almost 0.75% by the close of Europe’s equities markets, as a combination of Sterling weakness and relative Euro strength caused downward pressure on the pair. The single currency made gains as institutional investors bet that the European Central Bank will take positive steps...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Rand to Pound Exchange Rate Outlook - Pound Sterling Steady Decline Against South African Rand

27 Jul 2012 at 12 PM - Written by Minesh Chaudhari

STORY LINK Rand to Pound Exchange Rate Outlook - Pound Sterling Steady Decline Against South African Rand

Last week the Pound Sterling followed a steady decline against the South African Rand from 12.8772 to a weekly low of 12.7410. The Pound was hurt as a series of events conspired to weaken Sterling sentiment. The headline UK CPI inflation figure declined from 2.8% to 2.4% in June which gave investors the impression that the Bank of England may...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Exchange Rates Today: UK Economy Suffers Terrible GDP figures, GBP is Set to Fall Against the USD

25 Jul 2012 at 3 PM - Written by Ben Hughes

STORY LINK Exchange Rates Today: UK Economy Suffers Terrible GDP figures, GBP is Set to Fall Against the USD

The British economy has contracted by 0.7pc during the second quarter - representing the largest quarterly contraction since Q1 2009. Earlier the Pound made dips against the Euro and Dollar ahead of the release of today’s GDP figures for the second quarter. Weak economic data out of the Eurozone and America has seen Sterling firm its...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

British Pound Sterling Hits 3 1/2 Year High Against Euro as Fear of Contagion Persists

16 Jul 2012 at 11 AM - Written by Ben Hughes

STORY LINK British Pound Sterling Hits 3 1/2 Year High Against Euro as Fear of Contagion Persists

British Pound Sterling has risen to hit a new three and a half year high against the Euro as investors continue to worry about the growing risks to Spain and Italy’s finances. As a result sales of the single currency increased and investors sought refuge in the relatively safe assets of the UK. The continued uncertainty about the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Weaker Than Expected Chinese GDP Growth Data Causes Pressure on GBP USD Exchange Rate

13 Jul 2012 at 10 AM - Written by Toni Johnson

STORY LINK Weaker Than Expected Chinese GDP Growth Data Causes Pressure on GBP USD Exchange Rate

Market participants’ focus turned to Asia’s leading economy during the overnight session, as China released its latest set of economic growth data. The figures showed annualised economic growth of 7.8% in the three months to the end of June – this was down from Q1’s counterpart figure of 8.1%, suggesting that economic activity in the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Negative FOMC Announcement Overnight Sends Shares And Pound To US Dollar Exchange Rate Lower

12 Jul 2012 at 9 AM - Written by Ben Hughes

STORY LINK Negative FOMC Announcement Overnight Sends Shares And Pound To US Dollar Exchange Rate Lower

Yesterday saw a day of indecision in global equities markets – London’s FTSE 100 closed up by a paltry 0.1%, whilst Frankfurt’s benchmark Dax index registered a gain of almost a quarter of a percent on the session. On the other side of the Atlantic, New York’s Dow Jones index was trading down by almost 0.5% by the middle part of the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

The Euro Hits New 2 Year Low Against Dollar

10 Jul 2012 at 4 PM - Written by David Woodsmith

STORY LINK The Euro Hits New 2 Year Low Against Dollar

The Euro has fallen once again and is hovering just above a two year low against the Dollar. The sharp decline comes after production across the nation’s industrial sector slid by 3.5% in May compared to the previous year and is down 1.9% month-on-month. The figures show that that French economy is suffering badly from the weakening...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Exchange Rates Today: Record Low For Euro Against Dollar, Pound, NZ Dollar & Yen Currencies

9 Jul 2012 at 11 AM - Written by Frank Davies

STORY LINK Exchange Rates Today: Record Low For Euro Against Dollar, Pound, NZ Dollar & Yen Currencies

The Pound and New Zealand Dollar have posted new highs against the embattled Euro, ahead of today’s European Finance ministers meeting to be held later today. The ‘Kiwi’ hit a new record high against the Euro in the early hours of this morning reaching as high as 65.07. It is the highest level achieved by the New Zealand Dollar...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Sterling vs Euro Up 0.7%, EUR Suffering After ECB Cut Interest Rates to 0.75%

5 Jul 2012 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling vs Euro Up 0.7%, EUR Suffering After ECB Cut Interest Rates to 0.75%

The Euro has fallen sharply against a basket of currencies after the European Central Bank confirmed investors belief that it would cut interest rates. The Bank has cut the main interest rate to a record low of 0.75% and also reduced its deposit rate to zero in an effort to tackle the ongoing euro zone crisis. Most observers had been...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today