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Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 32

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

Euro US Dollar (EUR USD) Exchange Rate Price Action Predicted

12 Aug 2016 at 3 PM - Written by John Cameron

STORY LINK Euro US Dollar (EUR USD) Exchange Rate Price Action Predicted

EUR/USD Exchange Rate Touches High of 1.11 Three key data sets are forecast to determine price action for the world’s leading currency pair during today’s session. By the latter part of yesterday’s European equities session, the euro to US Dollar exchange rate was lodged in the upper part of the 1.1100s having touched off an...

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

Poor US Data Holds Back USD to GBP Exchange Rate Forecast

12 Aug 2016 at 3 PM - Written by Ben Hughes

STORY LINK Poor US Data Holds Back USD to GBP Exchange Rate Forecast

Pound Sterling (GBP) Exchange Rates Still Struggling on Muted Sentiment The Pound Sterling (currency : GBP) has once again endured a dismal day on the currency markets as investors continue to price-in the Bank of England’s threat of last week to further loosen its already ultra-loose monetary policy. The latest Bank of England (BoE)...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts

New Zealand Dollar Forecast Improves despite RBNZ Interest Rate Cut

11 Aug 2016 at 3 PM - Written by John Cameron

STORY LINK New Zealand Dollar Forecast Improves despite RBNZ Interest Rate Cut

Reserve Bank of New Zealand (RBNZ) Interest Rate Cut Sparks New Zealand Dollar Movement The Reserve Bank of New Zealand (RBNZ) announced late last night that it was reducing its benchmark Official Cash Rate (OCR) by 25 basis points to a new record low of 2.00%. The move was widely anticipated, but the improvement for the New Zealand...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Currency News FX Outlook for GBP CAD NOK CHF JPY USD

11 Aug 2016 at 8 AM - Written by Ben Hughes

STORY LINK Currency News FX Outlook for GBP CAD NOK CHF JPY USD

Oil Price Drop Sends Canadian Dollar (CAD), Norwegian Krone (NOK) Exchange Rates Lower Not for the first time in recent months, yesterday afternoon’s weekly US Oil Inventory data sent the price of a barrel of ‘Black Gold’ significantly lower; analysts had been pricing-in a smaller increase than the 2.5 m jump in American oil stocks...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound New Zealand Dollar Outlook Hinges on NZ Property Market and Interest Rates

10 Aug 2016 at 10 AM - Written by John Cameron

STORY LINK Pound New Zealand Dollar Outlook Hinges on NZ Property Market and Interest Rates

NZD Exchange Rate Volatility Forecast, RBNZ Decision Ahead Today’s session is peppered with significant data releases and risk events but investors will have to wait until later this evening for perhaps the most interesting development of the day. The Reserve Bank of New Zealand (RBNZ) benchmark interest rate already stands at a record...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Positive UK Data Fails to Help Pound Sterling Outlook

9 Aug 2016 at 3 PM - Written by Frank Davies

STORY LINK Positive UK Data Fails to Help Pound Sterling Outlook

UK Data Positive, but Brexit Repercussions Could Weigh on Growth Forecasts Today’s data has provided the many pessimists who have forecast the imminent demise of the UK economy following June’s Brexit decision by UK voters with some evidence that things might not actually be that bad after all. Official figures from the Office of...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Exchange Rate Forecast vs EUR USD NZD

9 Aug 2016 at 8 AM - Written by John Cameron

STORY LINK Pound Sterling Exchange Rate Forecast vs EUR USD NZD

BoE Interest Rate Forecast Could Trigger Further GBP to EUR, USD, NZD Exchange Rate Losses The POUND STERLING (currency : GBP) remains in grave danger of recording further near-term losses against the other sixteen most actively traded global currencies this week. Last week’s suggestion from the Bank of England (BoE) that it may consider...

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

Go-Ahead US Jobs Data Hit GBP USD Exchange Rate Forecast

5 Aug 2016 at 3 PM - Written by Toni Johnson

STORY LINK Go-Ahead US Jobs Data Hit GBP USD Exchange Rate Forecast

Better-than-Forecast US Jobs Data Sends Pound to US Dollar Exchange Rate Lower Strong US job creation data, out a short time ago, printed well above analysts’ expectations, sending the US Dollar (currency : USD) stronger across the board. Analysts had been looking for the US Non-Farm Payrolls data to show that 180,000 new jobs had been...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts Pound Sterli Forecasts

Bank of England Turns Down the QE Quality Dial and the Pound Sterling Suffers

5 Aug 2016 at 10 AM - Written by Ben Hughes

STORY LINK Bank of England Turns Down the QE Quality Dial and the Pound Sterling Suffers

Extensive Stimulus from the BoE Weighs on Pound Sterling (GBP) Exchange Rates Given that it has been around since the year 1694, yesterday’s decision by the Bank of England (BoE) to cut its benchmark interest rate to a new record low of 0.25% was always going to be a headline-grabber. However, the technical information contained in the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Currency Newsflash : Bank of England Cuts Interest Rates and Ramps Up QE ? Pound Sterling Forecast to Slump

4 Aug 2016 at 1 PM - Written by John Cameron

STORY LINK Currency Newsflash : Bank of England Cuts Interest Rates and Ramps Up QE ? Pound Sterling Forecast to Slump

BoE Cuts Borrowing Costs, Pound Sterling (GBP) Exchange Rates Fall Today In one of the most widely anticipated moves of recent years by a central bank, the Bank of England (BoE) announced a short time ago that it would be trimming its headline interest rate to a fresh record low of 0.25%. Base Rate had been at its previous record low of...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

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