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More Daily Currency Updates Continued - page 27

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

GBP USD Forecast: Pound US Dollar Exchange Rate Hits 31-Year Low on Brexit Worries

4 Oct 2016 at 10 AM - Written by Frank Davies

STORY LINK GBP USD Forecast: Pound US Dollar Exchange Rate Hits 31-Year Low on Brexit Worries

Worries Over Brexit Weigh Down Pound Sterling (GBP) Exchange Rates as Early 2017 Trigger Announced Demand for Pound Sterling (GBP) exchange rates has been decidedly weak after UK Prime Minister Theresa May announced that the government was aiming to trigger Article 50 before the end of March 2017. Both the Pound Euro (GBP EUR) and Pound...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Historic Lows for GBP USD Exchange Rate after PM May?s Article 50 Statement

3 Oct 2016 at 3 PM - Written by James Fuller

STORY LINK Historic Lows for GBP USD Exchange Rate after PM May?s Article 50 Statement

Pound Sterling Exchange Rate Recap: GBP/USD Falls to Almost 31-Year Low on Article 50 Concerns During Monday’s European trading session, the Pound has utterly failed to rise against the US Dollar, owing to a strong, prolonged negative reaction to the weekend’s UK developments. The issue has been the trigger date of Article 50, which...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts

GBP/USD Forecast: Pound Hits Three Month Low as Brexit Trigger Date Announced

3 Oct 2016 at 1 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Hits Three Month Low as Brexit Trigger Date Announced

News that Article 50 of the Lisbon Treaty will be activated before the end of March 2017 caused GBP/USD exchange rates to fall to three-month lows. Theresa May announced the deadline during her first appearance as Prime Minister at the Conservative Party conference, stating; ‘I want to give British companies the maximum freedom to...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Euro (EUR) Exchange Rate Outlook Improves on Deutsche (DBK.DE) Sentiment

30 Sep 2016 at 9 AM - Written by Tim Boyer

STORY LINK Euro (EUR) Exchange Rate Outlook Improves on Deutsche (DBK.DE) Sentiment

Euro Pound Exchange Rate Rallies, GBP/EUR Drops to 1.1533 The Euro to Pound Sterling (EUR GBP) exchange rate staged an impressive comeback during late trading yesterday, sending the GBP EUR exchange rate down from rates above 1.1600 down to an intraday low of 1.1533. Deutsche Bank Speculation Supports EUR to GBP, USD Currency Trading...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

OPEC Oil Deal Fails to Help NOK and CAD Exchange Rate Forecast

29 Sep 2016 at 3 PM - Written by Tim Boyer

STORY LINK OPEC Oil Deal Fails to Help NOK and CAD Exchange Rate Forecast

Canadian Dollar, Norwegian Krone Exchange Rates Gain Initially on OPEC News Both the Canadian Dollar (CAD) and Norwegian Krone (NOK) recorded gains in response to some developments in the commodities market. The price of a barrel of Crude Oil spiked during overnight trading following the announcement from OPEC (the Organisation of the...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Nor Forecasts

GBP USD Exchange Rate Slips Below Key 1.30 Level as UK Data Fails to Impress

29 Sep 2016 at 11 AM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Slips Below Key 1.30 Level as UK Data Fails to Impress

The Pound to US Dollar exchange rate had been holding its ground above its worst levels for much of the week despite a lack of influential UK data to boost its appeal. However, as Thursday’s data failed to impress, some investors lost interest in the British currency. GBP/USD began the week trending at around 1.2969 and near its worst...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterli Forecasts

GBP INR Exchange Rate Declines, BoE?s Shafik Hints at Further Easing

28 Sep 2016 at 4 PM - Written by Ben Hughes

STORY LINK GBP INR Exchange Rate Declines, BoE?s Shafik Hints at Further Easing

Pound Sterling Exchange Rate Update: Uncertainty Persists for GBP after BoE’s Shafik Mentions Further Stimulus Measures The Pound has failed to post much of a gain against the Indian Rupee (GBP INR) today, instead fluctuating against the currency in the face of investor instability. The latest knock to confidence in the Pound has come...

CATEGORIES: Daily Currency Updates Pound Rupee Forecasts

Pound Sterling (GBP) to Indian Rupee (INR) Heads to New Lows on Brexit Speculation

23 Sep 2016 at 10 AM - Written by James Fuller

STORY LINK Pound Sterling (GBP) to Indian Rupee (INR) Heads to New Lows on Brexit Speculation

The Pound to Indian Rupee exchange rate made quite a strong advance on Thursday as Sterling was boosted by a BoE hawk while the Rupee was weakened by an increase in oil prices. Friday saw the opposite happening, as Brexit speculation undermined the Pound while INR advanced due to oil price drops. GBP/INR began the week trending in the...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts Pound Sterling Forecasts

Pound Sterling Canadian Dollar Exchange Rate Outlook & EUR USD Forecast

23 Sep 2016 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Canadian Dollar Exchange Rate Outlook & EUR USD Forecast

BoE Easing Comments Help Pound Sterling to Euro, US Dollar Exchange Rates Stabilise POUND STERLING (currency : GBP) exchange rates continue to be weighed down by the threat of another near-term interest rate cut from the Bank of England. However, comments from policymember Kristin Forbes suggesting that she is not ready to vote for...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Pound Sterling Canadian Dollar Exchange Rate Trends Tightly after BoE?s Forbes sees No Cause for More Rate Cuts

22 Sep 2016 at 4 PM - Written by James Fuller

STORY LINK Pound Sterling Canadian Dollar Exchange Rate Trends Tightly after BoE?s Forbes sees No Cause for More Rate Cuts

Pound Sterling Daily Update: GBP Unsettled after Conflicting BoE Announcements The Pound (GBP) has been an unpredictable option for investment today, having fluctuated considerably against the Canadian Dollar and most of its other regular peers. This notable volatility has mainly been caused by the Bank of England (BoE), where last...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

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