Currency News

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More Daily Currency Updates Continued - page 134

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

Pound Swiss Franc. GBP/CHF Rate Falls as Global Risk Appetite Plummets

11 Mar 2011 at 6 AM - Written by John Cameron

STORY LINK Pound Swiss Franc. GBP/CHF Rate Falls as Global Risk Appetite Plummets

The Pound Swiss Franc exchange rate (GBP/CHF) is 1.4993 The second half of this week has seen a major dip in global risk sentiment as a combination of events across the globe caused concern for investors. Political unrest in Libya looks to be escalating into civil war, with Gaddafi’s forces launching an air strike on a rebel-held oil...

CATEGORIES: Daily Currency Updates Pound Swiss Franc Forecasts Swiss F Forecasts

Foreign Exchange Rates ? EUR/USD Rejects 1.4000 as Global Stocks Drop, While GBP Trades on the Level

10 Mar 2011 at 10 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates ? EUR/USD Rejects 1.4000 as Global Stocks Drop, While GBP Trades on the Level

The Euro Dollar exchange rate (EUR/USD) is 1.3839. The Euro Pound exchange rate (EUR/GBP) is 0.8558 Economic data released in China overnight has caused significant concerns in the market. The figures showed that Chinese exports grew by only 2.4% in February against expectations of 27.1% growth. Meanwhile, imports in China were also...

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

Pound Norwegian Krone : GBP/NOK Rate Struggles to Break Market Support as Norwegian Policy Makers Continue with Dovish Rhetoric

9 Mar 2011 at 6 PM - Written by John Cameron

STORY LINK Pound Norwegian Krone : GBP/NOK Rate Struggles to Break Market Support as Norwegian Policy Makers Continue with Dovish Rhetoric

The Pound Norwegian Krone Rate (GBP/NOK) is 9.0530 With oil prices remaining close to their near-term highs and gaining on the day today, you might expect the Norwegian Krone to have made strident gains in the currency markets. Although the Krone has performed well against Sterling since the Arab crisis broke, the GBP/NOK rate has failed...

CATEGORIES: Daily Currency Updates Norwegian Krone Forecasts Pound Nor Forecasts

Pounds to Swiss Francs : GBP/CHF Rate Recovers as Institutional Investors Transfer Funds out of the Franc

9 Mar 2011 at 5 AM - Written by John Cameron

STORY LINK Pounds to Swiss Francs : GBP/CHF Rate Recovers as Institutional Investors Transfer Funds out of the Franc

The Pound Swiss Franc exchange rate is 1.5079 Oil prices moved sharply downwards during yesterday’s European session as OPEC members openly commented on the possibility of an emergency meeting in order to discuss an increase in world oil supplies. Oil prices suffered further downside when the Saudi Arabia oil minister stated that, "Saudi...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Swi Forecasts

Pound New Zealand Dollar. GBP/NZD Rate Drops Ahead of Reserve Bank of New Zealand Interest Rate Decision

8 Mar 2011 at 6 AM - Written by John Cameron

STORY LINK Pound New Zealand Dollar. GBP/NZD Rate Drops Ahead of Reserve Bank of New Zealand Interest Rate Decision

The Pound New Zealand Dollar exchange rate (GBP/NZD) is 2.1882 The clear-up operation is well underway in Christchurch, New Zealand following last month’s devastating earthquake and whilst the total cost will probably never be known, estimates are that when all externalities have been factored in, the New Zealand economy will have lost...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound Forecasts

Foreign Exchange Rates - GBP/CAD Rate Drops as Canadian Dollar Gains From Spike in Oil Price

7 Mar 2011 at 7 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates - GBP/CAD Rate Drops as Canadian Dollar Gains From Spike in Oil Price

The Pound Canadian Dollar exchange rate (GBP/CAD) is 1.5804 at present. The price of a barrel of Brent Crude Oil is once again edging towards $120 as the political situation in Libya looks to be descending into civil war. US policy makers have stated that they are considering releasing a significant tranche of their emergency oil...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Can Forecasts

Foreign Exchange Rates - GBP/EUR Down While USD Remains Under Pressure

4 Mar 2011 at 6 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates - GBP/EUR Down While USD Remains Under Pressure

The Pound Dollar exchange rate (GBP/USD) is 1.6260 at present and the Pound Euro exchange rate (GBP/EUR) is 1.1640. GBP/EUR started yesterday’s European session trading just above 1.1790 and had touched 1.1649 before the end of the North American session. It is currently holding marginally below the key 1.1650 level. The next support...

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

GBP/USD Exchange Rates : Pound Dollar Rate Drops as PMI Figure Causes Selling Pressure on Pound Sterling

3 Mar 2011 at 9 AM - Written by John Cameron

STORY LINK GBP/USD Exchange Rates : Pound Dollar Rate Drops as PMI Figure Causes Selling Pressure on Pound Sterling

Global equities markets had a mixed day yesterday, but the leading sentiment indicator, the S&P 500, closed down by over a percentage point at 1308, almost 3% lower than it was as recently as 21st February. This confirms a dip in global appetite for risk which would normally see the dollar benefit as the world’s reserve currency of choice....

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Morning Foreign Currency Insight : Outlook For GBP/EUR is Negative as EUR Expected to Gain on Trichet?s Comments

3 Mar 2011 at 7 AM - Written by John Cameron

STORY LINK Morning Foreign Currency Insight : Outlook For GBP/EUR is Negative as EUR Expected to Gain on Trichet?s Comments

The GBP/EUR pair traded in a tight range yesterday ahead of a busy day for Eurozone data today, hitting a high of 1.1815 but only testing 1.1759 on the downside. The centrepiece release for today comes at 1245hrs GMT when the European Central Bank announces its interest rate decision for March. Analysts are expecting the key lending rate...

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

Foreign Exchange Rates : GBP/USD Rate Pulls Back as Stock Markets Fall

2 Mar 2011 at 9 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates : GBP/USD Rate Pulls Back as Stock Markets Fall

Asian stock markets suffered heavy losses overnight, with Tokyo’s Nikkei closing 2.20% lower and Hong Kong’s Hang Seng currently trading down by almost 2%. These losses follow pronounced downward moves for the FTSE 100 and the S&P 500, which lost 0.97% and 1.57% respectively, on the day yesterday. Fears persist in global markets that...

CATEGORIES: American Dollar Forecasts Daily Currency Updates New Zeala Forecasts

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