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More Daily Currency Updates Continued - page 126

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

Foreign Exchange Report : Eurozone Debt Contagion Fears and the Acrimonious Resignation of ECB?s Stark Sends GBP EUR Rate to 6-Month High

12 Sep 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : Eurozone Debt Contagion Fears and the Acrimonious Resignation of ECB?s Stark Sends GBP EUR Rate to 6-Month High

The Pound Euro exchange rate (GBP EUR) is 1.1681. The Pound Dollar exchange rate (GBP USD) is 1.5837. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5306. Market participants acted to shift their investments out of Euro-denominated assets as last week’s session in the currency markets drew to a close, taking the GBP EUR...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Jap Forecasts

Foreign Exchange Report : GBP EUR Rate Spirals as ECB Cuts Eurozone Growth Forecasts and Trichet Hints at Loosening Monetary Policy

9 Sep 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : GBP EUR Rate Spirals as ECB Cuts Eurozone Growth Forecasts and Trichet Hints at Loosening Monetary Policy

The Pound Euro exchange rate (GBP EUR) is 1.1491. The Pound Dollar exchange rate (GBP USD) is 1.5972. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5060. It is almost eight years since Jean-Claude Trichet took over from Wim Duisenberg as the President of the European Central Bank. In this time, Trichet has carefully cultivated...

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

Foreign Exchange Insight : European Shares Plummet, Sending GBP USD Rate to 6-Week Low as Investors Take Flight From Eurozone Sovereign Debt Crisis

6 Sep 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : European Shares Plummet, Sending GBP USD Rate to 6-Week Low as Investors Take Flight From Eurozone Sovereign Debt Crisis

The Pound Euro exchange rate (GBP EUR) is 1.1437. The Pound Dollar exchange rate (GBP USD) is 1.6075. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5295. More worryingly poor economic data releases and renewed concerns that the Eurozone’s sovereign debt crisis is set to spread saw appetite for risk plummet during...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts New Forecasts

Foreign Exchange Report : Flat-Line US Non-Farm Payrolls Figure Sees Investors Abandon Equities, Sending GBP USD and GBP CHF Rates Lower

5 Sep 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : Flat-Line US Non-Farm Payrolls Figure Sees Investors Abandon Equities, Sending GBP USD and GBP CHF Rates Lower

The Pound Euro exchange rate (GBP EUR) is 1.1354. The Pound Dollar exchange rate (GBP USD) is 1.6177. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5245. Friday afternoon saw the release of the Non-Farm Payroll figure for August in the US. The NFP number is consistently the single most closely-watched release of the monthly...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Foreign Currency Report : GBP USD Rate Drops Again as Data Shows that US Factory Output Avoided a Contraction Last Month

2 Sep 2011 at 9 AM - Written by John Cameron

STORY LINK Foreign Currency Report : GBP USD Rate Drops Again as Data Shows that US Factory Output Avoided a Contraction Last Month

The Pound Euro exchange rate (GBP EUR) is 1.1368. The Pound Dollar exchange rate (GBP USD) is 1.6189. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5149. Currency investors switched their focus to the state of the global economy yesterday, as a slew of data releases caused market participants to adjust their expectations for the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Foreign Exchange Insight: GBP USD Poised ahead of Jackson Hole Symposium EUR Gains on Hope For Stability

26 Aug 2011 at 9 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight: GBP USD Poised ahead of Jackson Hole Symposium EUR Gains on Hope For Stability

The Pound Euro exchange rate (GBP EUR) is 1.1305. The Pound Dollar exchange rate (GBP USD) is 1.6324. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5550. The pound sold off yesterday against most of the world's most actively traded currencies with CBI figures showing a slowing in demand in the UK economy. This has not helped in...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Foreign Exchange Insight : Positive US Durable Goods Numbers Drive GBP USD Rate Lower While Euro Rides Out More Worrying German Data

25 Aug 2011 at 5 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : Positive US Durable Goods Numbers Drive GBP USD Rate Lower While Euro Rides Out More Worrying German Data

The Pound Euro exchange rate (GBP EUR) is 1.1360. The Pound Dollar exchange rate (GBP USD) is 1.6371. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5688. Yesterday’s session in the currency markets was marked by the resurgence of the US Dollar following the release of July’s US Durable Goods figure. The closely-watched...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

Foreign Exchange Insight : Rumours of QE3 by the Federal Reserve Threaten USD While Uncertainty Over Libyan Crisis Send Gold to a New Record High

23 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : Rumours of QE3 by the Federal Reserve Threaten USD While Uncertainty Over Libyan Crisis Send Gold to a New Record High

The Pound Euro exchange rate (GBP EUR) is 1.1458. The Pound Dollar exchange rate (GBP USD) is 1.6479. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5748. The crisis in Libya looked to be close to reaching a conclusion when rebel forces swept into Libya’s capital Tripoli on Sunday, cheered on by hordes of jubilant citizens....

CATEGORIES: American Dollar Forecasts Daily Currency Updates Japanese Forecasts

Foreign Exchange Report : GBP EUR Rate Dips While Price of a Barrel of Crude Oil Heads Lower as Libyan Crisis Nears a Resolution

22 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : GBP EUR Rate Dips While Price of a Barrel of Crude Oil Heads Lower as Libyan Crisis Nears a Resolution

The Pound Euro exchange rate (GBP EUR) is 1.474. The Pound Dollar exchange rate (GBP USD) is 1.6480. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5863. The Pound endured a poor day in the currency markets on Friday. Sterling opened brightly against the Euro to trade to within 0.6c of a 5-month high against Europe’s single...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Nor Forecasts

Foreign Exchange Insight : GBP USD Rate Hits 15-Week High Despite Weak UK Employment Numbers and Dovish BoE Minutes

18 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : GBP USD Rate Hits 15-Week High Despite Weak UK Employment Numbers and Dovish BoE Minutes

The Pound Euro exchange rate (GBP EUR) is 1.1471. The Pound Dollar exchange rate (GBP USD) is 1.6508. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5740. In an unusual session yesterday, the Pound made gains against the Euro and the US Dollar in spite of the release of the minute of August’s Bank of England monetary policy...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

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