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More Daily Currency Updates Continued - page 19

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

GBP EUR Exchange Rate Rises as Manufacturing Data Impresses

3 Jan 2017 at 2 PM - Written by John Cameron

STORY LINK GBP EUR Exchange Rate Rises as Manufacturing Data Impresses

The Pound to Euro exchange rate slipped on Wednesday afternoon after spending most of the day edging higher. A weaker US Dollar and solid Eurozone ecostats allowed the Euro to advance. Various UK and Eurozone ecostats will be published on Thursday, including Britain’s services and composite PMI results from Markit, and Germany’s...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

3 Jan 2017 at 10 AM - Written by Tim Boyer

STORY LINK Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

The Pound to US Dollar exchange rate continued its modest recovery attempt on Wednesday afternoon but if the evening’s Fed minutes report impresses traders it may give up its gains quickly. Thursday will see the publication of UK and US services and composite PMIs, from Markit and ISM respectively. UK services PMI in particular could...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling (GBP) to Australian Dollar (AUD) Edges Lower on Lingering Risk-Sentiment

29 Dec 2016 at 1 PM - Written by James Fuller

STORY LINK Pound Sterling (GBP) to Australian Dollar (AUD) Edges Lower on Lingering Risk-Sentiment

The Pound to Australian Dollar exchange rate extended its recovery attempt towards the end of Friday’s session but while it may end the week closer to opening levels GBP/AUD looks to have lost around half a cent in value over the week. If iron ore prices continue to improve in early-2017 this could help boost the ‘Aussie’ against...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

Pound Sterling (GBP) to US Dollar (USD) Falls as Hard Brexit Concerns Continue to Weigh

28 Dec 2016 at 2 PM - Written by Toni Johnson

STORY LINK Pound Sterling (GBP) to US Dollar (USD) Falls as Hard Brexit Concerns Continue to Weigh

The Pound to US Dollar exchange rate fell swiftly when UK markets reopened on Wednesday following the long holiday weekend, as a lack of fresh supporting factors for GBP left the currency weak. GBP/USD lost around two cents in value last week and settled on the level of 1.2278. While it trended flatly amid quiet trade earlier this week, it...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

US Dollar Japanese Yen Exchange Rate Predictions: Potential for Major US Gains

21 Dec 2016 at 2 PM - Written by Ben Hughes

STORY LINK US Dollar Japanese Yen Exchange Rate Predictions: Potential for Major US Gains

USD JPY Exchange Rate Update: Losses for USD Follow Trump Hints of Terror Response The US Dollar Japanese Yen exchange rate has been generally poor today, with the pairing declining due to uncertainties present among US investors. The latest domestic news has mainly focused on President-Elect Trump, who has stated in response to recent...

CATEGORIES: Daily Currency Updates

GBP USD Exchange Rate Slides as Public Borrowing Skyrockets

21 Dec 2016 at 11 AM - Written by Toni Johnson

STORY LINK GBP USD Exchange Rate Slides as Public Borrowing Skyrockets

The GBP USD exchange rate continued to slide today as the latest figures for Public Sector Borrowing accelerated faster than expected. Pound US Dollar (GBP USD) Falls as Borrowing Rises The Pound US Dollar (GBP USD) exchange rate fell this morning following the release of the public borrowing report showing that the UK government was...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

Lasting Fed Optimism Pushes GBP USD to One-Month Low

20 Dec 2016 at 1 PM - Written by Frank Davies

STORY LINK Lasting Fed Optimism Pushes GBP USD to One-Month Low

The Pound to US Dollar exchange rate slumped on Monday and extended losses as the week continued. A lack of strong new UK ecostats meant there was little reason for investors to buy into the British currency this week and the Fed-strengthened USD was in fashion. GBP/USD began the week at the level of 1.2490 but dived to 1.23 – its lowest...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

19 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May. May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

EUR/USD Rebounding from Near Decade-and-a-Half-Low

16 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK EUR/USD Rebounding from Near Decade-and-a-Half-Low

Profit-taking is allowing the EUR/USD exchange rate to advance today after hitting a 14-year low on the back of an improved Federal Reserve outlook on monetary policy going into 2017. On-Forecast Inflation Data Boosts Euro to US Dollar Exchange Rates EUR/USD is accelerating away from a 14-year low today, boosted by a combination of...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

16 Dec 2016 at 10 AM - Written by Tim Boyer

STORY LINK Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

The Pound to Euro exchange rate saw little change in movement on Friday as investors continued to react to Thursday’s disappointing Bank of England (BoE) meeting and the latest Brexit news. Meanwhile, the Euro recovered from its lows against the US Dollar. GBP/EUR began the week at the level of 1.1905. After hitting a weekly high of...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Euro Forecasts

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