Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 115

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

Sterling On A Knife-Edge As GDP Data Could Reveal Double Dip Recession

25 Apr 2012 at 9 AM - Written by Tim Boyer

Panic levels receded in global markets during yesterday’s session, as investors realised that the much-publicised ‘walk-out’ by the Dutch Prime Minister and his government and a second-place finish for Nicolas Sarkozy in Sunday’s first round of French presidential polling, did not in fact add up to a constitutional crisis for the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Spirals As Investors Take Fright At French and Dutch Political Impasses

24 Apr 2012 at 9 AM - Written by Ben Hughes

Like the fabled damn which springs leaks at a rate which the boy in the myth can not keep up with, the eurozone appears to be generating problems which are too many and varied for it to handle. The signs at the end of last week were that Spain’s debt problems were easing, as the yield on 10-year Spanish bonds headed lower following...

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

Sterling Euro Exchange Rate Jumps To 20-Month High

23 Apr 2012 at 9 AM - Written by John Cameron

Sterling sparkled during last week’s session, out-performing nearly all of the other sixteen most-actively traded global currencies, following a string of encouraging data releases. With numbers released earlier in the week confirming that the level of domestic unemployment was on the wane and that last month had seen an unexpected uptick...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Fails To Strengthen In Spite Of Strong Spanish Bond Uptake, As Italy Slashes 2012 Growth Forecast

20 Apr 2012 at 9 AM - Written by Toni Johnson

Yesterday’s session brought relief for global investors as the latest Spanish debt auction saw a strong uptake for the troubled Iberian state’s government bonds. The Spanish treasury had been attempting to shift €2.5bn of its gilts, but managed to sell some €2.54bn worth of debt at significantly reduced yields. The rate of interest...

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

Pound Rallies To A New 19-Month High Against The Euro Following Strong UK Employment Data And BoE Minutes

19 Apr 2012 at 9 AM - Written by David Woodsmith

Investors holding Sterling had been waiting a long time for a strong piece of data to emanate from the UK economy, then yesterday morning two encouraging releases came along at the same time. The Bank of England minutes for April’s meeting caught many analysts on the back foot when they revealed that only one member of the nine-man...

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

Jump in UK Inflation Helps Sterling to Euro Exchange Rate Climb

18 Apr 2012 at 9 AM - Written by John Cameron

The future direction of UK monetary policy grabbed the headlines in the currency markets during yesterday’s trading session, as the latest British inflation figures showed a surprise hike in the rate of domestic price rises. March’s headline CPI inflation number showed at an annualised 3.5%, up from February’s counterpart number of...

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

Pound To Euro Exchange Rate Threatens New 18-Month High As Spanish Debt Fears Escalate

16 Apr 2012 at 9 AM - Written by Ben Hughes

Eurozone debt concerns cast a dark pall over the financial markets as last week’s trading session drew to a close. The focus of investors’ fears was once again Spain. The yields on Spanish 10 year government bonds edged towards 6% on Friday’s session – a level which they had approached in the early part of last week, before dropping...

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

Pound To Euro Exchange Rate Eases As ECB Monthly Report Alters Investors? Eurozone Interest Rate Expectations

13 Apr 2012 at 9 AM - Written by David Woodsmith

Yesterday’s session in the currency markets saw the euro steady its ship against the other majors, following the release of the European Central Bank’s Monthly Report which delivered a stern message regarding the Bank’s stance on future price rises in the region. The ECB predicted that inflation would remain above 2% for the remainder...

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

Sterling To US Dollar Rate Drops Following Weak US Non-Farm Payrolls Data

10 Apr 2012 at 9 AM - Written by Toni Johnson

The Pound To US Dollar exchange rate is 1.5904. Last Friday’s highly disappointing US Non Farm Payrolls data for March, which showed that only 120,000 new jobs had been created in the world’s largest economy last month, has informed price action in the global markets at the start of this week’s session. For the three months preceding...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound To Euro Exchange Rate Spirals To 10-Week High As Investors Shun Spanish Bonds

5 Apr 2012 at 9 AM - Written by Frank Davies

The Pound to Euro Exchange Rate is 1.2082. A disappointing uptake for Spanish government bonds at yesterday’s auction shaped the currency markets during yesterday’s session. The debt-addled Iberian state managed to shift only €2.6bn worth of gilts – it had been targeting €2.5-€3.5bn. This was seen as a ‘vote of no...

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