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More Daily Currency Updates Continued - page 26

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

Pound Euro Exchange Rate Fails to Hold Gains after Parliamentary Brexit Debate Promise

12 Oct 2016 at 3 PM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Fails to Hold Gains after Parliamentary Brexit Debate Promise

Parliamentary Brexit Debate Concession Prompted Pound Euro Exchange Rate Demand A bout of relief shored up the Pound Sterling (GBP) in the early hours of Wednesday, with investors prompted to pile back into the weakened currency by a government U-turn. Going back on earlier comments, Prime Minister Theresa May decided to allow the House...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

GBP USD Steady, but US Dollar Exchange Rate Strength Persists

12 Oct 2016 at 11 AM - Written by Ben Hughes

STORY LINK GBP USD Steady, but US Dollar Exchange Rate Strength Persists

The Pound to US Dollar exchange rate has tumbled lower and lower since markets opened this week, as UK market sentiment has been unable to keep the Pound strong while the US Dollar strengthens on Fed rate hike bets and Presidential election bets. GBP/USD began the week trending at around 1.2435, but since then has consistently weakened....

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Hard Brexit Fears Continue to Undermine GBP/EUR Exchange Rates

11 Oct 2016 at 4 PM - Written by Toni Johnson

STORY LINK Hard Brexit Fears Continue to Undermine GBP/EUR Exchange Rates

Fears over the impact of a hard Brexit have continued to weigh on Pound Sterling to Euro exchange rate today, although developments in the Eurozone have kept the pairing unstable. Further Warnings against Hard Brexit Undermine Pound Sterling (GBP) Exchange Rates A leaked Treasury report suggests that the UK could face annual public...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Dovish Fed Comments Don't Alter Pound US Dollar Exchange Rate Downtrend

11 Oct 2016 at 3 PM - Written by Minesh Chaudhari

STORY LINK Dovish Fed Comments Don't Alter Pound US Dollar Exchange Rate Downtrend

Hard Brexit Fears Continue to Weigh on Pound Sterling US Dollar (GBP USD) Demand Investors have continued to sell out of Pound Sterling (GBP) exchange rates on Tuesday, with markets seeing little reason to support the softened currency at this juncture. Although the BRC Like-For-Like Sales results for September showed a strong rebound...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP USD Exchange Rate Still Struggling to Recover from Latest Lows

10 Oct 2016 at 3 PM - Written by David Woodsmith

STORY LINK GBP USD Exchange Rate Still Struggling to Recover from Latest Lows

UK Economic News: Pound to US Dollar Rate Around 31-Year Low Today While the Pound managed to stage a slight recovery against the US Dollar during trading today, the GBP USD rate is still considerably lower than it was at the beginning of last week. The Pound began last Monday at 1.29 against the ‘Buck’, it deteriorated in value...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts Pound Sterli Forecasts

Friday's Flash Crash Leaves Pound Euro Exchange Rate Holding 6-Year Low

10 Oct 2016 at 10 AM - Written by Tim Boyer

STORY LINK Friday's Flash Crash Leaves Pound Euro Exchange Rate Holding 6-Year Low

The Pound to Euro exchange rate has trended limply since markets opened this week, seemingly unable to recover from a sudden drop in value on Friday. The Euro has been able to hold its ground thanks to solid Eurozone ecostats. GBP/EUR lost over four cents in value throughout the course of last week’s trade, beginning the week in the...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts Pound Sterling Forecasts

Pound to US Dollar Exchange Rate Under Pressure After GBP Flash Crash

7 Oct 2016 at 5 PM - Written by John Cameron

STORY LINK Pound to US Dollar Exchange Rate Under Pressure After GBP Flash Crash

Pound Flash Crash Exacerbated Brexit-Based Worries During Friday’s Asian session the Pound (GBP) was subject to a flash crash, which saw it fall 6.1% against the US Dollar (USD) in the span of two minutes. Sterling rebounded quickly from this apparent fat finger trade, although the currency remained biased to the downside thanks to...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

GBP EUR Exchange Rate At Historic Lows after Flash Crash

7 Oct 2016 at 11 AM - Written by James Fuller

STORY LINK GBP EUR Exchange Rate At Historic Lows after Flash Crash

The GBP EUR exchange rate plummeted over the span of just a couple minutes last night as the Pound (GBP) was hit by a flash crash in Asian trading. There is still uncertainty over what actually caused the crash by it is believed to have been due to an automated trading error or by a ‘fat finger’ trade in which a trader may have entered a...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound US Dollar Exchange Rate Hovers around Three-Decade Lows

6 Oct 2016 at 11 AM - Written by Toni Johnson

STORY LINK Pound US Dollar Exchange Rate Hovers around Three-Decade Lows

The Pound to US Dollar exchange rate has remained limp since Wednesday, as increasing demand for the US Dollar left Sterling reeling from the Brexit-panic induced selloff that it experienced earlier in the week. GBP/USD has lost around two cents in value since markets opened this week. On Wednesday morning, the pair hit a new 31-year-low...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Downtrend Continues for Pound to Euro (GBP/EUR) Exchange Rate After Robust German Factory Orders

6 Oct 2016 at 9 AM - Written by Ben Hughes

STORY LINK Downtrend Continues for Pound to Euro (GBP/EUR) Exchange Rate After Robust German Factory Orders

Strong German Data Boosts EUR Exchange Rate Demand Confidence in the Euro (EUR) was boosted on Thursday morning after Germany’s factory orders were found to have smashed forecast in August. Orders rose 2.1% on the year, suggesting that the Eurozone’s powerhouse economy has continued to shrug off recent market uncertainty to stage a...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

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