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More Daily Currency Updates Continued - page 25

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

ECB Rate Decision, Retail Sales Stats Hurt Pound Euro Exchange Rate

20 Oct 2016 at 3 PM - Written by Frank Davies

STORY LINK ECB Rate Decision, Retail Sales Stats Hurt Pound Euro Exchange Rate

Pound Sterling (GBP) Exchange Rate Unsettled after Concerning September Retail Sales Stats The Pound Euro exchange rate remained trending around the 1.10 level on Thursday. The day’s major UK economic data has concerned retail sales recorded in September. While some economists have cited annual figures in the area of 4% and 4.1% as...

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

GBP USD Exchange Rate Soars as High Court May Allow MP ?Brexit? Vote

19 Oct 2016 at 3 PM - Written by Minesh Chaudhari

STORY LINK GBP USD Exchange Rate Soars as High Court May Allow MP ?Brexit? Vote

The GBP USD exchange rate skyrocketed today following the news that High Court lawyer appointed by the government said that the British parliament would have to ratify any potential ‘Brexit’ deal ahead of EU negotiations. Pound (GBP) Bludgeons US Dollar (USD) Following High Court Decision The Pound (GBP) advanced by around a cent...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP EUR Up from 2016 Lows - But Can these Gains Continue?

19 Oct 2016 at 11 AM - Written by Frank Davies

STORY LINK GBP EUR Up from 2016 Lows - But Can these Gains Continue?

The Pound to Euro exchange rate could end the week on a higher note if it continues holding its ground. However, British data continues to have seemingly little-influence on the Brexit-sensitive Pound, leaving it volatile after its Tuesday rally. GBP/EUR began the week trending at 1.1111 and despite floundering near six-year-lows on Monday...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling (GBP) to Euro (EUR) Trends Flatly as UK Inflation Fails to Inspire

18 Oct 2016 at 12 PM - Written by Tim Boyer

STORY LINK Pound Sterling (GBP) to Euro (EUR) Trends Flatly as UK Inflation Fails to Inspire

The Pound to Euro exchange rate trended weakly on Monday until a softening US Dollar and Euro allowed Sterling to climb from its worst levels. However, Tuesday’s data did little to influence GBP movement as some analysts predicted. After closing last week just above 1.11, GBP/EUR has continued its attempts to hold above this level....

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

British Pound to Euro Exchange Rate: 'Brexit? Tensions in UK Government

17 Oct 2016 at 2 PM - Written by David Woodsmith

STORY LINK British Pound to Euro Exchange Rate: 'Brexit? Tensions in UK Government

Pound Sterling (GBP) Exchange Rates Fluctuate over Cabinet Dispute on ‘Brexit’ A report from the Daily Telegraph has indicated that there may be tensions at the very top of the UK government as chancellor Philip Hammond has been accused of attempting to ‘undermine Brexit’ by pushing for delays to immigration policy. His...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Forecasts for the Pound to Dollar Exchange Rate: UK Inflation Provides GBP USD Relief

17 Oct 2016 at 9 AM - Written by Frank Davies

STORY LINK Forecasts for the Pound to Dollar Exchange Rate: UK Inflation Provides GBP USD Relief

Pound Sterling Exchange Rates Trend Poorly as Unrest over ‘Brexit’ Grows The Pound has come in at 1.21 against the US Dollar (GBP USD) today and has elsewhere seen a 1.10 figure against the Euro (GBP EUR), with the currency failing to see much positive movement at the start of the week. The last notable UK data last week came on...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP EUR Exchange Rate Flat Following Marmite Price Row

14 Oct 2016 at 2 PM - Written by Tim Boyer

STORY LINK GBP EUR Exchange Rate Flat Following Marmite Price Row

The GBP EUR exchange rate remains stable as markets appear hesitant to push it below the 1.10 barrier. Low Value of Pound (GBP) Causes Spat between Tesco and Unilever The Pound’s (GBP) dramatic depreciation against the Euro (EUR) following the UK’s vote to leave the EU has caused a major row between supermarket Tesco and brand...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling to US Dollar Exchange Rate Trends Narrowly ahead of Fed?s Yellen Speech

14 Oct 2016 at 2 PM - Written by Tim Boyer

STORY LINK Pound Sterling to US Dollar Exchange Rate Trends Narrowly ahead of Fed?s Yellen Speech

Pound Stemmed Losses Ahead of Weekend Despite Ongoing Brexit Worries The appeal of Pound Sterling (GBP) has remained decidedly weak over the course of the week, with fresh developments in the ongoing Brexit saga prompting decided volatility for the vulnerable currency. As Tim Riddell, research analyst at Westpac, noted: ‘GBP’s...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

FOMC Minutes Impact Pound US Dollar Exchange Rates

13 Oct 2016 at 1 PM - Written by Minesh Chaudhari

STORY LINK FOMC Minutes Impact Pound US Dollar Exchange Rates

Pound Sterling (GBP) Exchange Rates Remain Unsettled after Commons ‘Brexit’ Debate Turned Sour The Pound was unable to make any headway against the US Dollar at the start of trading today, but has since climbed against its rival as trading has continued. The initial damage was done to the Pound by the aftermath of a ‘Brexit’...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

ECB Jitters Weigh on Euro, GBP EUR Exchange Rate Fluctuates

13 Oct 2016 at 11 AM - Written by James Fuller

STORY LINK ECB Jitters Weigh on Euro, GBP EUR Exchange Rate Fluctuates

The Pound to Euro exchange rate has trended limply for most of the week so far, as market fears of a ‘hard Brexit’ leave Sterling weak despite mixed demand for the Euro. The shared currency has been weakened by a strong US Dollar and central bank jitters ahead of next week’s ECB meeting. GBP/EUR has ultimately remained close to the...

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