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

British Pound Sterling Euro GBP EUR Foreign Currency Forecast for 2016

23 Dec 2015 at 8 AM - Written by John Cameron

STORY LINK British Pound Sterling Euro GBP EUR Foreign Currency Forecast for 2016

2015 Currency Catch up for GBP-EUR Exchange Rate Trading 2015 has been a year of considerable upheaval for the Pound Sterling (currency : GBP). As the year began, the UK unit was just recovering from the hangover caused by the previous September’s Scottish referendum; the lead-up to the popular ballot saw the Pound lose significant...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Sterling Forecasts

Pound Sterling GBP Losses Forecast Across the Board

22 Dec 2015 at 5 PM - Written by John Cameron

STORY LINK Pound Sterling GBP Losses Forecast Across the Board

Public Borrowing Data Sends the Pound Sterling (GBP) Lower The Pound Sterling (currency : GBP) has been hit hard in the global currency markets during today’s trading session. The move out of Sterling-denominated assets from speculators was driven by a troubling set of domestic public sector borrowing data, published by the Office of...

CATEGORIES: Daily Currency Updates Pound Euro Forecasts Pound Sterling Forecasts

Saxo Bank Forecast: EUR-USD Conversion Rate Hovers Near Psychological Level

9 Dec 2015 at 4 PM - Written by Tim Boyer

STORY LINK Saxo Bank Forecast: EUR-USD Conversion Rate Hovers Near Psychological Level

Euro Spot Rate Holds Gains after ECB Announcement Last week’s European Central Bank (ECB) interest rate announcement had a profound impact on the currency market, with the EUR-USD exchange rate surging after the institution failed to adopt the aggressive approach to stimulus forecast by economists. The Euro continues to trend higher...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Sterling Forecasts

Fresh 12-Year Low Forecast for EUR USD Exchange Rate before Year End

26 Nov 2015 at 3 PM - Written by Frank Davies

STORY LINK Fresh 12-Year Low Forecast for EUR USD Exchange Rate before Year End

Thanksgiving Holiday Doesn't Prevent EUR, GBP Exchange Rate Movement Today’s trading day has seen lower trading volumes than previous recent sessions thanks to US markets being closed for the annual Thanksgiving Holiday. However, it was a case of ‘business as usual’ for investors in the UK and the euroland and the US shutdown...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling GBP Outlook Improves Following Chancellor?s Autumn Statement

25 Nov 2015 at 3 PM - Written by Ben Hughes

STORY LINK Pound Sterling GBP Outlook Improves Following Chancellor?s Autumn Statement

Foreign Exchange ALERT: Pound Sterling Rebounds on Budget News The Pound Sterling (currency : GBP) was expected by analysts to have a tough ride during this afternoon’s session. The latest Spending Review and Autumn Statement from the UK Chancellor of the Exchequer George Osborne, delivered from 1230hrs GMT, was supposed to be one long,...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

British Pound Sterling FX Exchange Rate Forecast against EUR USD NZD

25 Nov 2015 at 7 AM - Written by John Cameron

STORY LINK British Pound Sterling FX Exchange Rate Forecast against EUR USD NZD

Pound Sterling Forecast for Neutral-Negative Exchange Rate Outlook Dovish comments from Bank of England Governor Mark Carney yesterday suggesting that a domestic interest rate hike remains a long way off weighed down the POUND STERLING (currency : GBP). Investors holding the UK unit will be eyeing this afternoon’s Autumn statement from...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Key Indicators Forecast US Dollar Gains, Losses for AUD NZD CAD

16 Nov 2015 at 12 PM - Written by James Fuller

STORY LINK Key Indicators Forecast US Dollar Gains, Losses for AUD NZD CAD

VIX High on Damp Trader Risk Appetite, Paris Attacks to Send VIX Higher? The old share market adage which states that ‘when VIX is high, it’s time to buy’ could potentially come to the fore this week. VIX measures the volume and number of protective ‘put’ orders placed by equities traders when they strike share deals in the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates

Pound Sterling GBP Forecast to Climb vs Australian Dollar (currency:AUD) and New Zealand Dollar (currency:NZD)

11 Nov 2015 at 5 PM - Written by John Cameron

STORY LINK Pound Sterling GBP Forecast to Climb vs Australian Dollar (currency:AUD) and New Zealand Dollar (currency:NZD)

UK Unemployment Strikes over 7-Year Low, GBP-EUR Trends Higher This morning’s UK labour market data proved to be broadly beneficial to the Pound Sterling (currency : GBP). The Pound euro exchange rate had been threatening to drop back down through the 1.4000 GBP EUR threshold during early trade but by the middle part of the European...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound N Forecasts

Pound Sterling ALERT: GBP Falls after BoE?s ?Super Thursday?

5 Nov 2015 at 6 PM - Written by Tim Boyer

STORY LINK Pound Sterling ALERT: GBP Falls after BoE?s ?Super Thursday?

GBP-EUR Hits Multi-Month Best Conversion Rate after Services PMI With the week’s UK Services and Manufacturing PMIs exceeding forecasts, the Pound (GBP) enjoyed a bullish run until Thursday, romping to a multi-month high against the Euro (EUR) and holding its own against the US Dollar (USD). BoE Growth & Inflation Adjustments Send...

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

Pound Sterling Forecast Deteriorates, Euro Outlook Improves According to CFTC Data

20 Oct 2015 at 12 PM - Written by Frank Davies

STORY LINK Pound Sterling Forecast Deteriorates, Euro Outlook Improves According to CFTC Data

FX Traders Forecast US Dollar (USD) Exchange Rate Has Peaked The latest Commodity Futures Trading Commission (CFTC) data, published on Friday afternoon, served to confirm what many FX insiders had already been thinking – the US Dollar (currency : USD) appears to have near-term peaked against the other sixteen most actively traded global...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

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