Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 33

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

Pound Sterling Outlook Remains Neutral Ahead of Bank of England Interest Rate Announcement

4 Aug 2016 at 8 AM - Written by David Woodsmith

UK Headed for Recession But Pound Sterling (GBP) Exchange Rates Steady The latest surveys from leading polling company Markit, published yesterday, suggested that the UK economy is heading for a recession. Markit explained quite how bad the result of its benchmark tertiary sector version of the UK Purchasing Manager Index in its...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP NZD Exchange Rate Slumps on Dairy Auction Results

3 Aug 2016 at 8 AM - Written by Frank Davies

New Zealand Dollar Exchange Rates Supported by Dairy Price Gains The middle part of yesterday’s European session brought the publication of a highly positive data release for the New Zealand Dollar (currency : NZD). The latest online GlobalDairyTrade auction results showed a hefty 6.6% jump in the average hammer price compared to the...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

Pound Sterling Australian Dollar Exchange Rate Forecast Turns Negative on RBA Announcement

2 Aug 2016 at 4 PM - Written by John Cameron

RBA Rate Cut Fails to Keep Australian Dollar (AUD) Exchange Rates Depressed Last night’s decision by the Reserve Bank of Australia (RBA) to cut its benchmark interest rate to a fresh record low of 1.50% was largely expected by investors. In a clear case of placing the cart before the horse, the Australian Dollar (currency : AUD) barely...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Worst UK Manufacturing PMI Since 2013 Hits Pound Sterling (GBP) Forecast

2 Aug 2016 at 8 AM - Written by Toni Johnson

Brexit Decision Impacts UK Economy and Weighs on Pound Sterling (GBP) Rates The evidence is mounting that the UK economy has been hard hit by June’s decision by the British electorate to vote to leave the European Union. The latest Purchasing Manager Index survey, published by Markit / CIPS yesterday morning, revealed that the...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

USD Alert: CFTC Data Points to Positive US Dollar Forecast

1 Aug 2016 at 12 PM - Written by Frank Davies

Speculators Increased their US Dollar (USD) Bets on Improved Sentiment The latest data published by the Commodity Futures Trading Commission (CFTC) on Friday revealed that speculators increased their bets on the US Dollar (currency : USD) significantly during the week leading up to Tuesday 26th July. The improvement in sentiment towards...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Japanese Yen Forecasts

Twin Central Bank Decisions to Shift Pound Australian Dollar (GBP AUD) Exchange Rate Forecast

1 Aug 2016 at 8 AM - Written by John Cameron

BoJ and Fed Rate Decisions Drove Currency Exchange Rates Last Week Last week’s session in the global currency markets proved to be a tale of two central bank decisions, with both the Bank of Japan (BoJ) and the US Federal Reserve both announcing their latest policy paths. This week’s session is forecast by many analysts to be a...

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

Today's Currency News: Pound Sterling, US Dollar, Japanese Yen Forecasts

29 Jul 2016 at 4 PM - Written by James Fuller

BoJ Policy Statement Impacts Japanese Yen (JPY), US Dollar Exchange Rates Last night’s monetary policy announcement from the Bank of Japan (BoJ) clearly laid the blame for increased uncertainty in the global markets at the feet of the UK electorate. The policy statement noted that, ‘Against the backdrop of the United Kingdom's...

CATEGORIES: Currency Predictions Daily Currency Updates Japa Forecasts

FX Currency News: Today?s Pound, Euro Exchange Rate Forecast

29 Jul 2016 at 8 AM - Written by Tim Boyer

Busy Data Day Forecast to Impact Pound, Euro, Canadian Dollar and US Dollar Exchange Rates Today’s session brings a packed schedule of data publications with tier one statistics penned in for publication across the globe. Our data analyst takes a look at the likely effects of the key economic numbers below - Pound Sterling (GBP)...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Sterling FX Exchange Rate Forecast vs USD EUR JPY

28 Jul 2016 at 4 PM - Written by John Cameron

Negative Outlook for Pound Sterling (GBP) Remains on Weak UK Data The POUND STERLING (currency : GBP) failed to record any tangible gains following yesterday’s better than anticipated UK GDP data for the three months up until the end of June. Investors instead focussed on the alarming Flash PMI survey released a few days ago which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Federal Reserve Holds Rate ? GBP USD Exchange Rate Forecast Improves

28 Jul 2016 at 8 AM - Written by Minesh Chaudhari

Federal Reserve Holds Interest Rates, GBP USD Exchange Rate Firms As anticipated, the US Federal Reserve decided to maintain the benchmark cost of borrowing Stateside at its current level of 0.50%. However, the tone of the policy statement which accompanied the announcement was generally adjudged to be relatively hawkish – a factor which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts