Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 14

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

GBP CHF Exchange Rate Could Extend Downtrend on Rising Swiss Prices

12 Apr 2017 at 5 PM - Written by Tim Boyer

STORY LINK GBP CHF Exchange Rate Could Extend Downtrend on Rising Swiss Prices

The British Pound to Swiss Franc exchange rate trended more flatly on Thursday afternoon, falling back from the weekly highs seen earlier in the day. However, GBP/CHF still looked on track to end the week well above its opening levels. Demand for the Swiss Franc improved slightly on Thursday as gold market prices hit a new weekly high....

CATEGORIES: Daily Currency Updates Swiss Franc Forecasts

GBP INR Exchange Rate Predicted to Slide if UK Wage Squeeze Continues

7 Apr 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP INR Exchange Rate Predicted to Slide if UK Wage Squeeze Continues

Poor Week of GBP INR Trading Ends with Trade Deficit Expansion As well as being devalued by falling PMIs this week, the Pound has also fallen against the Indian Rupee on recent trade balance figures. The previous trade deficit was revised up to -2.98bn; this was worsened with stats showing an expansion to -3.66bn in...

CATEGORIES: Daily Currency Updates Pound Rupee Forecasts

GBP CHF Exchange Rate Rallies on Surprise UK Services Result

5 Apr 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP CHF Exchange Rate Rallies on Surprise UK Services Result

The British Pound to Swiss Franc exchange rate trended relatively flatly on Thursday afternoon. The Franc has been relatively limp throughout the day and was little changed after the publication of the day’s inflation stats. Friday’s session will see the publication of UK trade data for February, as well as Switzerland unemployment...

CATEGORIES: Daily Currency Updates Pound Swiss Franc Forecasts

Weekly Currency Forecast: GBP CAD Rate in for Losses if UK Services PMI Slides

3 Apr 2017 at 4 PM - Written by James Fuller

STORY LINK Weekly Currency Forecast: GBP CAD Rate in for Losses if UK Services PMI Slides

The British Pound to Canadian Dollar exchange rate edged higher on Tuesday morning and neared its best weekly levels despite low demand for the Pound. While prices of oil, Canada’s most lucrative commodity, rose on Tuesday due to speculation of lightening US oil inventories, the Canadian Dollar failed to capitalise due to a risk-averse...

CATEGORIES: Daily Currency Updates Pound Canadian Dollar Forecasts

GBP USD Exchange Rate Advances as Traders Shake off Brexit Worries

30 Mar 2017 at 1 PM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Advances as Traders Shake off Brexit Worries

The British Pound to US Dollar exchange rate trended largely flatly on Friday, cooling after its fluctuations earlier in the week. The US Dollar was largely unchanged by the day’s US data. After the strong US consumer confidence report earlier in the week, investors had hoped for another impressive confidence index from the University of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Pound to Indian Rupee Exchange Rate Near Two-Week-Low on Brexit Jitters

29 Mar 2017 at 1 PM - Written by Ben Hughes

STORY LINK Pound to Indian Rupee Exchange Rate Near Two-Week-Low on Brexit Jitters

The British Pound to Indian Rupee exchange rate recovered from its worst levels on Thursday afternoon. Brexit jitters lightened and the demand for the Pound increased as investors hoped the Brexit process would be smooth for both Britain and the EU – as well as not be too pricey for Britain. Friday’s UK growth stats could boost the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP USD Exchange Rate Drops as Confidence Returns to US Traders

28 Mar 2017 at 4 PM - Written by James Fuller

STORY LINK GBP USD Exchange Rate Drops as Confidence Returns to US Traders

The British Pound to US Dollar exchange rate edged up from its weekly lows on Wednesday afternoon, but may be unable to sustain any recovery as the Pound’s volatility worsened following the activation of Article 50. The afternoon’s US house prices data was optimistic which supported the US Dollar. Analysts predict the Pound’s...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts

GBP JPY Exchange Rate Plummets as Japan?s Trade Balance Rallies

22 Mar 2017 at 11 AM - Written by John Cameron

STORY LINK GBP JPY Exchange Rate Plummets as Japan?s Trade Balance Rallies

The GBP JPY exchange rate plummeted this morning following the release of Japan’s latest Trade Balance figures Pound Japanese Yen (GBP JPY) Exchange Rate Falls as Japanese Exports Spike The Pound Japanese Yen (GBP JPY) exchange rate softened on Wednesday following the release of positive trade figures from Japan. Japan’s...

CATEGORIES: Daily Currency Updates Pound Yen Forecasts

Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate

21 Mar 2017 at 4 PM - Written by Tim Boyer

STORY LINK Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate

The British Pound to New Zealand Dollar exchange rate fell back towards the week’s opening levels from its weekly highs as the Pound’s inflation-inspired rally ran out of steam. New Zealand Dollar investors are likely to firm in the ‘Kiwi’ ahead of the Reserve Bank of New Zealand’s (RBNZ) policy decision, which takes place in...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

EUR to USD Exchange Rate Tests Monthly Highs on Cautious Optimism in Eurozone

20 Mar 2017 at 11 AM - Written by Ben Hughes

STORY LINK EUR to USD Exchange Rate Tests Monthly Highs on Cautious Optimism in Eurozone

The Euro to US Dollar exchange rate surged on Tuesday, hitting its best levels since early-November 2016 following Monday’s televised French election debate. The debate saw centrist front runner put in a strong performance against his anti-EU opponent Marine Le Pen. As bets of a Macron win increased, the Euro saw relief from its recent...

CATEGORIES: Daily Currency Updates Euro Forecasts

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