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More Daily Currency Updates Continued - page 116

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

Pound To Euro Exchange Rate Edges Lower Ahead Of Today?s ECB Interest Rate Announcement

4 Apr 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Pound To Euro Exchange Rate Edges Lower Ahead Of Today?s ECB Interest Rate Announcement

Yesterday brought some encouragement for the euro when widely-respected financier, Juergen Stark, formerly the Chief Economist at the European Central Bank, cast aspersions on the widely-held belief that the fall-out from a potential full-on debt default by a eurozone nation state, (…Greece, Ireland, Portugal……. take your pick…),...

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

Streling To Euro Rate Gains On Weak German Retail Sales Data

1 Apr 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Streling To Euro Rate Gains On Weak German Retail Sales Data

The Current Sterling To Euro Exchange Rate Is 1.2050. Friday’s session brought a mixed bag of currency news for the euro. On the credit side, the single currency was buoyed by the announcement by Spain’s centre-right government that it was set to trim €27bn from its annual budget. This massive swathe of expenditure cuts played well...

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

Pound Euro Rate Spirals On Renewed Greek Debt Fears

30 Mar 2012 at 9 AM - Written by Ben Hughes

STORY LINK Pound Euro Rate Spirals On Renewed Greek Debt Fears

The Pound Sterling To Euro Exchange Rate is 1.1988. There was fresh bad news for the euro during yesterday’s session in the currency markets, as leading ratings agency Standard & Poors commented that debt-addled Hellenic economy Greece may have to undertake further fiscal re-structuring in order to reach a resolution to its...

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

Pound To US Dollar Exchange Rate Gains As Investors Price-In Further QE For The US

28 Mar 2012 at 9 AM - Written by David Woodsmith

STORY LINK Pound To US Dollar Exchange Rate Gains As Investors Price-In Further QE For The US

The most eye-catching development of yesterday’s session in the currency markets saw this week’s move against the US Dollar continue, taking the GBP USD exchange rate through the key psychological level of 1.6000 for the first time since 14th November last year. The concerted move out of US Dollar denominated assets was instigated by...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Struggles To Find Support Following Chancellor Merkel?s Comments Regarding A Greek Eurozone Exit

27 Mar 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Euro Struggles To Find Support Following Chancellor Merkel?s Comments Regarding A Greek Eurozone Exit

The Pound Sterling To Euro Exchange Rate is 1.1959. One currency has dominated the headlines more than any other over the past twelve months, and yesterday’s session in the currency markets proved no exception, as the euro once again caught the eye of the investment community. German Chancellor Angela Merkel surprised market...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Market Awaits Bernanke?s Words As Concerns Mount Over UK Economy

26 Mar 2012 at 9 AM - Written by James Fuller

STORY LINK Market Awaits Bernanke?s Words As Concerns Mount Over UK Economy

Friday’s session in the currency markets saw renewed concerns raised about the state of the UK’s real economy, following the release of the Nationwide Consumer Confidence survey for February, which showed a considerable drop-off in sentiment amongst respondents since the month before. Analysts had expected the number to show no change...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

More UK QE Off The Menu For Now, Sending Sterling Higher Against The Euro And US Dollar

22 Mar 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK More UK QE Off The Menu For Now, Sending Sterling Higher Against The Euro And US Dollar

Sterling stepped into the spotlight during yesterday’s session in the currency markets, as a raft of key UK data releases and risk events hit the headlines. The day started with mixed messages regarding the British economy, with the release of official government figures which showed that the UK’s Public Sector Net Borrowing...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Relief Rally For Euro As IMF Provides Greek Bail-Out Funding

16 Mar 2012 at 9 AM - Written by Minesh Chaudhari

STORY LINK Relief Rally For Euro As IMF Provides Greek Bail-Out Funding

The Sterling Euro exchange rate is 1.1998. There was relief for investors holding euro-denominated assets yesterday afternoon, when the International Monetary Fund gave its ascent to €28bn of new bail-out funding for debt-burdened Greece. The payment was the last piece in the jigsaw for Greece to qualify for its next €130bn tranche of...

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

Pound To US Dollar Rate Climbs On Positive Retail Sales Data In The States

14 Mar 2012 at 9 AM - Written by Ben Hughes

STORY LINK Pound To US Dollar Rate Climbs On Positive Retail Sales Data In The States

The GBP USD exchange rate is 1.5696. The US Dollar dominated proceedings in the global currency market yesterday, as first US retail sales numbers and then the FOMC interest rate decision grabbed the headlines. Yesterday afternoon saw the release of strong US Retail Sales numbers, which built on recent encouraging American data sets....

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound To Euro Rate Drops As Eurogroup Approves ?130bn Greek Bail-Out

13 Mar 2012 at 9 AM - Written by David Woodsmith

STORY LINK Pound To Euro Rate Drops As Eurogroup Approves ?130bn Greek Bail-Out

The Pound Sterling to US Dollar exchange rate is 1.5643. The Pound Sterling to Euro exchange rate is 1.1885. Yesterday’s session in the currency markets was once again dominated by Greece’s ongoing debt crisis. As ever, nothing was finally resolved, but the debt-laden Hellenic state lived to fight another day, as per...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

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