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

Foreign Exchange Report : GBP EUR Rate Gains as UK Inflation Accelerates and Franco-German Summit Fails to Provide Debt Solution

17 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : GBP EUR Rate Gains as UK Inflation Accelerates and Franco-German Summit Fails to Provide Debt Solution

The Pound Euro exchange rate (GBP EUR) is 1.1405. The Pound Dollar exchange rate (GBP USD) is 1.6433. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5667. The markets had held great hopes that yesterday’s meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy to discuss Eurozone debts would yield...

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

Foreign Exchange Insight : Swiss Franc Tumbles on Euro-Peg Rumours, While GBP is Friendless Ahead of UK Inflation Figure

16 Aug 2011 at 8 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : Swiss Franc Tumbles on Euro-Peg Rumours, While GBP is Friendless Ahead of UK Inflation Figure

The Pound Euro exchange rate (GBP EUR) is 1.1360. The Pound Dollar exchange rate (GBP USD) is 1.6335. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5677. The Pound started the week on the back foot yesterday, performing anaemically against all of the major currencies, with the exception of the traditional reserve currencies,...

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

Foreign Exchange Report : World Bank Warns That Global Economy is Riding Towards a ?New Danger Zone?, GBP EUR Rate Drops on Poor UK Housing Data

15 Aug 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : World Bank Warns That Global Economy is Riding Towards a ?New Danger Zone?, GBP EUR Rate Drops on Poor UK Housing Data

The Pound Euro exchange rate (GBP EUR) is 1.1377. The Pound Dollar exchange rate (GBP USD) is 1.6287. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5614. The dramatic recovery in global equities markets, which began during the last two sessions of last week, has continued today, with Asian stocks enjoying further gains...

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

Foreign Exchange Insight : Market Rumours That Switzerland Will Peg the CHF to the EUR See the Franc Suffer Record Daily Losses

12 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : Market Rumours That Switzerland Will Peg the CHF to the EUR See the Franc Suffer Record Daily Losses

The Pound Euro exchange rate (GBP EUR) is 1.1417. The Pound Dollar exchange rate (GBP USD) is 1.6201. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5749. As a hectic week draws to a close, some order appears to be returning to global markets. Asian shares made moderate gains overnight; a stark contrast to the early part of the...

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

Foreign Exchange Report : Global Share Markets Collapse as Panic Grips the Markets, Sending GBP AUD Rate Spiralling

5 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : Global Share Markets Collapse as Panic Grips the Markets, Sending GBP AUD Rate Spiralling

The Pound Euro exchange rate (GBP EUR) is 1.1541. The Pound Dollar exchange rate (GBP USD) is 1.6254. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5570. All-out panic has taken a hold of investors over the last twenty four hours, with market participants fearing the worst about the Eurozone debt situation and the prospects for...

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

Foreign Exchange Insight : GBP USD Rate Plummets as Congress Votes to Avert US Default, While AUD Suffers Following Weak Australian Building Approvals Data

2 Aug 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Insight : GBP USD Rate Plummets as Congress Votes to Avert US Default, While AUD Suffers Following Weak Australian Building Approvals Data

The Pound Euro exchange rate (GBP EUR) is 1.1456. The Pound Dollar exchange rate (GBP USD) is 1.6305. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4951. As expected, the US House of Representatives yesterday voted by 269 votes to 161 in favour of a Bill to raise the US debt ceiling, whilst introducing measures to cut...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Aus Forecasts

Foreign Exchange Report : GBP USD Rate Holds Steady Despite Obama?s Announcement of Compromise US Debt Deal to Avoid US Default

1 Aug 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : GBP USD Rate Holds Steady Despite Obama?s Announcement of Compromise US Debt Deal to Avoid US Default

The Pound Euro exchange rate (GBP EUR) is 1.1423. The Pound Dollar exchange rate (GBP USD) is 1.6446. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4885. US President Barack Obama announced overnight that negotiations between warring Democrat and Republican leaders had yielded an agreement on cutting the US deficit, allowing...

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

Foreign Currency Insight: GBP & USD suffer as EUR makes Significant Advance

26 Jul 2011 at 8 AM - Written by John Cameron

STORY LINK Foreign Currency Insight: GBP & USD suffer as EUR makes Significant Advance

The Pound Euro exchange rate (GBP EUR) is 1.1266. The Pound Dollar exchange rate (GBP USD) is 1.6332. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4945. The Pound has opened this morning with widespread weakness against the majority of the majors. Market participants are bracing themselves for the worse ahead of this mornings...

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

Foreign Exchange Report : GBP EUR Dips on News of Second Bail-Out For Greece, But Greek Default Now Appears Inevitable

22 Jul 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : GBP EUR Dips on News of Second Bail-Out For Greece, But Greek Default Now Appears Inevitable

The Pound Euro exchange rate (GBP EUR) is 1.1323. The Pound Dollar exchange rate (GBP USD) is 1.6312. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5038. Details of the Eurozone’s plan for a second bail-out for debt-addled Greece were leaked to the press overnight, causing a rally in Asian equities. The second bail-out...

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

Foreign Exchange Report : Market Anxiously Awaits Eurozone Debt Summit as GBP EUR Rate Slips on Dovish Bank of England Minutes

21 Jul 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Report : Market Anxiously Awaits Eurozone Debt Summit as GBP EUR Rate Slips on Dovish Bank of England Minutes

The Pound Euro exchange rate (GBP EUR) is 1.1336. The Pound Dollar exchange rate (GBP USD) is 1.6174. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5071. The major news story in the currency markets today is likely to be the emergency meeting of Eurozone leaders which starts in Brussels at midday UK time. The major topic for...

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

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