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More Daily Currency Updates Continued - page 17

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

GBP/NZD Weakens on Reports of Business Brexit Damage

6 Feb 2017 at 12 PM - Written by Frank Davies

STORY LINK GBP/NZD Weakens on Reports of Business Brexit Damage

The British Pound to New Zealand Dollar exchange rate slightly narrowed its losses on Tuesday afternoon due to hawkish comments from Bank of England (BoE) policymaker Kristin Forbes. While the Pound was supported by Forbes’ claim that the UK economy may soon need to be supported by a BoE interest rate hike, the currency still lost out...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Disappointing UK Services PMI and BoE Outlook Weighed on GBP INR Exchange Rate

3 Feb 2017 at 3 PM - Written by Ben Hughes

STORY LINK Disappointing UK Services PMI and BoE Outlook Weighed on GBP INR Exchange Rate

After the Bank of England (BoE) Inflation Report failed to raise the odds of an imminent return to monetary tightening the Pound Sterling to Indian Rupee (GBP INR) exchange rate was prompted to trend lower. Weaker Economic Momentum Weighed on GBP Confidence in the Pound weakened further after the UK Services PMI proved softer than...

CATEGORIES: Daily Currency Updates Pound Rupee Forecasts

UK PMIs Fall on all Fronts, USD GBP Exchange Rate Rises

3 Feb 2017 at 11 AM - Written by James Fuller

STORY LINK UK PMIs Fall on all Fronts, USD GBP Exchange Rate Rises

Gains Recorded in USD GBP Exchange Rate as Major January Jobs Stats Approach The US Dollar has risen by 0.3% against the Pound today, following the news that Donald Trump is planning to start the repeal process on the Dodd Frank regulations for mortgages and lending. While this might cause significant difficulties in the long-term, the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

US Dollar to British Pound Exchange Rate Forecast Advances amid Trump Jitters

30 Jan 2017 at 2 PM - Written by Ben Hughes

STORY LINK US Dollar to British Pound Exchange Rate Forecast Advances amid Trump Jitters

The US Dollar to British Pound exchange rate plunged on Tuesday afternoon as the Pound strengthened while the US Dollar was undermined by the latest Trump jitters and US economic concerns. Tuesday afternoon’s US consumer confidence results from January disappointed investors, falling to 111.8 despite being predicted to come in at a...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP EUR Exchange Slides as Brexit Bill is Published

27 Jan 2017 at 12 PM - Written by Tim Boyer

STORY LINK GBP EUR Exchange Slides as Brexit Bill is Published

The GBP EUR exchange rate slid by around half a cent this morning following the publishing of the government’s bill to invoke Article 50. Pound Euro (GBP EUR) Pressured as Government Schedules Brexit Bill The recent rally in the Pound Euro (GBP EUR) exchange rate came to an end this morning as the Pound was weakened by the UK...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

UK, US Meeting Ahead, GBP/ZAR Rate Falls

27 Jan 2017 at 12 PM - Written by John Cameron

STORY LINK UK, US Meeting Ahead, GBP/ZAR Rate Falls

Sterling Rand Demand Takes a Hit on Data-Deficient Day for UK Economy The Pound has recorded heavy losses in the GBP ZAR exchange rate today, falling by -0.4% in the pairing due to waning confidence in the UK’s economic future. Although UK Prime Minister Theresa May has recently been in the US promoting the UK-US ‘special...

CATEGORIES: Daily Currency Updates South African Rand Forecasts

Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

26 Jan 2017 at 3 PM - Written by Ben Hughes

STORY LINK Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

The British Pound to US Dollar exchange rate plunged on Friday afternoon despite lower demand for the US Dollar, as UK markets took profit from the Pound’s weekly gains before the end of the week’s European session. Investors were especially anxious about how the first diplomatic meeting between UK Prime Minister Theresa May and US...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP NZD Exchange Rises as MPs Plan to Scrutinise Governments Brexit Strategy

25 Jan 2017 at 4 PM - Written by Frank Davies

STORY LINK GBP NZD Exchange Rises as MPs Plan to Scrutinise Governments Brexit Strategy

The British Pound to New Zealand Dollar exchange rate advanced on Thursday afternoon, though the pair failed to maintain the weekly highs seen in the morning. After its relatively strong movement for most of the week, the New Zealand Dollar weakened on Thursday as risk-seeking traders looked to stocks instead of commodity-correlated...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

25 Jan 2017 at 11 AM - Written by Ben Hughes

STORY LINK Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

The Euro to Pound exchange rate performed poorly on Thursday afternoon, as investors became concerned about the long-term health of the Euro project. As markets feared that the Eurozone would not recover as quickly as hoped and the Euro may also see damage in the next 18 months, EUR/GBP failed to capitalise on the day’s weak...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts

Large Losses for GBP USD Rate, Supreme Court Decision sees Scottish Referendum Fears Return

24 Jan 2017 at 5 PM - Written by Ben Hughes

STORY LINK Large Losses for GBP USD Rate, Supreme Court Decision sees Scottish Referendum Fears Return

The British Pound to US Dollar exchange rate saw a solid improvement on Wednesday as Sterling benefitted from news that the UK government would soon publish a ‘white paper’ report on its Brexit plan for MPs to scrutinise ahead of the planned Article 50 vote. Demand for the US Dollar also remained weak as the US Trump administration...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

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