Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 21

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

Article 50 Appeal Proceedings See Pound US Dollar Exchange Rate Dip

5 Dec 2016 at 3 PM - Written by Ben Hughes

Pound US Dollar Slips as Article 50 Appeal Case is Made The Pound has been a struggling option during trading today, falling slightly against the US Dollar and making sporadic movements against other peers. The day’s UK domestic data has actually been highly supportive, with both the composite and services PMIs for November rising...

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Soft Brexit Hopes Boosted Pound US Dollar Exchange Rate Ahead of US Payrolls

2 Dec 2016 at 11 AM - Written by Ben Hughes

Hopes of Softer Brexit Shored up Pound Sterling Outlook Investors were greatly encouraged by comments from Brexit Secretary David Davis, which suggested that the UK may pay to maintain its tariff-free access to the single market. As this appeared to point towards a more moderate form of Brexit, the Pound (GBP) was prompted to trend...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

Pound Sterling (GBP) to Euro (EUR) Flatter after Giving up Thursday Boost

2 Dec 2016 at 10 AM - Written by Toni Johnson

The Pound to Euro exchange rate surged during the middle of Thursday’s trade session as Sterling was bolstered by new hopes of a soft Brexit. However, this movement didn’t last and by the end of the day GBP/EUR had given up most of its gains due to a bout of profit-taking. GBP/EUR is still up slightly from the week's opening level of...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts Pound Sterling Forecasts

Pound US Dollar Exchange Rate Trades Near 2 Month High after US Claims Surprise Economists

1 Dec 2016 at 4 PM - Written by Frank Davies

Pound US Dollar Jumps after ‘Soft Brexit’ Comments The Pound has been the clear winner in the GBP USD pairing during trading today, having been pushed higher by the latest Brexit talks. Taking the lead has been Brexit Minister David Davis, who stated that the UK could leave the EU but stay in the single market by paying for...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

GBP EUR Exchange Rate Nears Four-Month High over 'Brexit' Comments

1 Dec 2016 at 4 PM - Written by Ben Hughes

The GBP EUR exchange rate rallied just shy of a four-month high today following reports that the UK government may be willing to pay for continued access to the single market. Pound Euro (GBP EUR) Jumps over Davis Remarks The Pound Euro (GBP EUR) exchange rate was bolstered by comments from Brexit Secretary David Davis who indicated...

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

Pound Dollar Exchange Rate Trended Lower after Strong US Employment Data

30 Nov 2016 at 4 PM - Written by Toni Johnson

Pound Demand Limited by Weaker Consumer Confidence Index Disappointingly, the GfK consumer confidence survey for November indicated a further weakening of sentiment from -3 to -8, limiting the appeal of Pound Sterling (GBP) on Wednesday. This somewhat undermined the bullishness of October’s mortgage approvals and net consumer credit...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

BoE Stability Report Predicts 'Brexit' Challenges, GBP EUR Exchange Rate Fluctuates

30 Nov 2016 at 2 PM - Written by Tim Boyer

The GBP EUR exchange rate has been increasingly volatile today after the Bank of England (BoE) released its latest Financial Stability Report. Pound Euro (GBP EUR) Pressured by Brexit Uncertainty The Pound Euro (GBP EUR) exchange rate suffered from fresh market concerns over 'Brexit' this morning as BoE Governor Mark Carney urged both...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts

Pound Sterling (GBP) to US Dollar (USD) Slumps on Brexit Fears Despite US Dollar Selloff

28 Nov 2016 at 1 PM - Written by John Cameron

The Pound to US Dollar exchange rate advanced last week despite Sterling’s bullishness slowing, as hopes for a resilient UK economy in the face of the Brexit process allowed GBP to hold some gains against a weakening US Dollar. GBP/USD gained over a cent in value throughout the week, advancing from 1.2342 to 1.2478. On Monday morning the...

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IFS Issues Shatter Analysis of Autumn Statement

24 Nov 2016 at 4 PM - Written by Minesh Chaudhari

Pound Euro Exchange Rate Close as IFS Blasts UK’s Future Prospects The Pound has managed to hit a rate of 1.17 against the Euro today, a step down from the earlier high of 1.18. UK news has been forward facing recently, with Chancellor Philip Hammond’s first and last Autumn Statement being followed by a pessimistic response from the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP EUR Exchange Rate Plummets as Markets Anticipate Downbeat Autumn Statement

23 Nov 2016 at 1 PM - Written by Frank Davies

The GBP EUR exchange rate continued to decline this morning as markets forecast a downbeat Autumn Statement from Chancellor Philip Hammond this afternoon as it reflects the challenges the UK faces in 'Brexit'. Pound Euro (GBP EUR) Exchange Rate Slides as Investors Predict Gloomy Autumn Statement The Pound Euro (GBP EUR) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts