Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 117

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

Sterling To Euro Rate Holds Ahead Of Anticipated Eurogroup Greek Bail-out Confirmation

12 Mar 2012 at 9 AM - Written by John Cameron

The Pound Euro exchange rate is 1.1964. Today sees yet another key eurozone summit – the latest in a succession of key eurozone summits. This time, it’s the eurogroup meeting in Brussels and one topic will dominate all others in today’s agenda – Greece’s second bail-out. It is anticipated that the eurogroup, which comprises the...

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Sterling To Euro Exchange Rate Drops As Greece Beats Debt Swap Deadline

9 Mar 2012 at 9 AM - Written by David Woodsmith

The Sterling To Euro Exchange Rate is 1.1949. As expected, Greece managed to convince over 75% of the private investors holding it’s bonds to accept a debt ‘haircut’ before the deadline which passed at 2000hrs last night. In truth, if the financial institutions had failed to agree to the debt swap, it would have been tantamount to...

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Global Markets Brace Themselves For Latest Greek D-Day As Pound To Euro Rate Holds Steady

8 Mar 2012 at 9 AM - Written by James Fuller

The Sterling To Euro Exchange Rate is 1.1976. The clock is ticking as Greece’s latest hour of judgement rapidly approaches. Over 75% of the debt-addled Hellenic state’s creditors need to sign up to the proposed debt swap deal by 2000hrs GMT tonight, otherwise a disastrous and disorderly Greek default is unavoidable. As of close of...

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Pound To Dollar Exchange Rate Drops After Bernanke?s Negative Assessment

1 Mar 2012 at 9 AM - Written by James Fuller

The Pound to US Dollar exchange rate is 1.5922. Yesterday’s session in the markets was marked by the return of risk aversion from institutional investors, in spite of the fact that much of the data released on the day bettered expectations. German unemployment figures for February, released just after the start of the European...

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Pound To Euro Exchange Rate Drops Following German MPs? ?Yes? Vote To Greek Bail-Out

28 Feb 2012 at 9 AM - Written by Frank Davies

The Pound Euro exchange rate (GBP EUR) is 1.1794. There was good news for investors holding euro-denominated assets late yesterday afternoon, when German MPs gave their backing to Greece’s proposed €130bn bail-out package, which was agreed last week. There was some dissent in the ranks and the vote was by no means unanimous –...

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The Pound Gains Against the US Dollar In Spite Of Negative UK GDP Growth Data

27 Feb 2012 at 9 AM - Written by John Cameron

The Pound to US Dollar exchange rate is 1.5859. Friday’s session in the currency markets was marked by a renewed weakening of the US Dollar, as global appetite for risk increased. The uptick in investor sentiment was due to a number of factors - market whispers suggesting that China was set to further ease its domestic monetary...

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Euro Strengthens Against The Pound and US Dollar Ahead of GDP Growth Data

24 Feb 2012 at 10 AM - Written by Tim Boyer

The Pound Euro exchange rate (GBP EUR) is 1.1780, the Pound to US Dollar exchange rate (GBP USD) is 1.5773. Yesterday’s session in the currency markets saw a significant number of data releases across the globe, none of which were classed as ‘tier one’. Today’s session is likely to make up for this, as it is peppered with...

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

Pound Sterling To Dollar Makes Gains As Global Appetite For Risk Picks Up

21 Feb 2012 at 9 AM - Written by Tim Boyer

The Pound to Euro exchange rate is 1.1962, while the Pound to US Dollar exchange rate is 1.5844. Global oil prices hit their highest level since the start of last Summer during yesterday’s session as investors expressed their concerns over the escalating of tensions between Iran’s leaders and Western states over the country’s ongoing...

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Pound Sterling Gains Against US Dollar After Strong British Retail Sales Data

20 Feb 2012 at 9 AM - Written by David Woodsmith

The Pound Euro exchange rate (GBP EUR) is 1.2020, the Pound to US Dollar exchange rate (GBP USD) is 1.5858. Last week’s session in the currency markets ended on an uptick for Sterling, with the release of better than anticipated UK Retail Sales figures for January. The numbers showed an annualised increase in British shop sales of 1.9%,...

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

Sterling Higher Against USD and EUR ? Further Gains Possible

17 Feb 2012 at 9 AM - Written by Tim Boyer

The Pound to Euro exchange rate (GBP EUR) is 1.2030. The Pound to Dollar exchange rate (GBP USD) is 1.5791. The Greek debt crisis regained the top slot in the headlines which it has become accustomed to, during yesterday’s session in the currency markets. Many market analysts had thought that the stand-off regarding Greece’s...

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