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

Gains Expected for British Pound to Canadian Dollar GBP CAD Exchange Rate

5 Aug 2015 at 4 PM - Written by Toni Johnson

STORY LINK Gains Expected for British Pound to Canadian Dollar GBP CAD Exchange Rate

Rising Oil Prices Fail to Lend Canadian Dollar (CAD) Support The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate remained close to a seven-year high on Wednesday despite oil prices edging back above 50 dollars a barrel, If today's 'Super Thursday' of BoE announcements lives up to expectations, we could see the GBP/CAD currency...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Sterling (GBP) FX Outlook VS Euro, US Dollar & Canadian Dollar: Services Ahead

5 Aug 2015 at 8 AM - Written by John Cameron

STORY LINK Pound Sterling (GBP) FX Outlook VS Euro, US Dollar & Canadian Dollar: Services Ahead

GBP to EUR, USD, CAD Exchange Rates Could Surge on Super Thursday If today's minutes from the Bank of England's latest meeting show that one or more policymakers voted in favour of increasing interest rates we can expect the Pound to jump to new highs against the Euro, U S Dollar and Canadian Dollar in the hours ahead. The BoE inflation...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

FX Outlook: Pound Sterling US Dollar GBP-USD Exchange Rate Forecast to Improve Near-Term

4 Aug 2015 at 8 AM - Written by Frank Davies

STORY LINK FX Outlook: Pound Sterling US Dollar GBP-USD Exchange Rate Forecast to Improve Near-Term

Cable Could Gain on Bullish UK Services PMI The Pound Sterling to US Dollar exchange rate could break out of its current narrow trading range if the day's UK Services PMI surprises. A positive result would push the Pound higher against its peers while a slump would weigh on the North American currency over the course of the European...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Speculators Forecast Rising Pound-US Dollar Short GBP USD Positions

3 Aug 2015 at 5 PM - Written by Toni Johnson

STORY LINK Speculators Forecast Rising Pound-US Dollar Short GBP USD Positions

US Factory Orders Data May Impact GBP to USD Conversion Rate Today While this morning's UK Construction PMI might have a modest impact on the Pound Sterling to US Dollar exchange rate, investors are more likely to be taking an interest in the US Factory Orders report. A 1.7% increase is expected, but if the US data follows the recent...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts

Forecast Data Highlights for Pound Sterling GBP Currency Markets: Week Beginning 3rd August

31 Jul 2015 at 5 PM - Written by John Cameron

STORY LINK Forecast Data Highlights for Pound Sterling GBP Currency Markets: Week Beginning 3rd August

GBP to USD Conversion Rate Trends in the Region of 1.56 Today The Pound Sterling (currency : GBP) put in a lacklustre performance against the other sixteen major global currencies during today’s session. The Pound euro exchange rate slid to as low as 1.4090 GBP EUR during the middle part of this afternoon’s European session, while The...

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

FX ALERT: Near-Term Predictions for Euro to Sterling Exchange Rate: EUR GBP Deteriorates

29 Jul 2015 at 5 PM - Written by James Fuller

STORY LINK FX ALERT: Near-Term Predictions for Euro to Sterling Exchange Rate: EUR GBP Deteriorates

German Employment, Inflation Data Ahead - Will GBP/EUR Return to Best Rate? The Pound Sterling to Euro exchange rate maintained a stronger position on Wednesday as rumblings from Greece limited demand for the common currency. Today's German jobs and consumer price figures could cause additional currency market movement and if the figures...

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

British Pound Sterling FX Forecast for EUR USD CAD: UK Growth Supports Conversion Rate

29 Jul 2015 at 7 AM - Written by John Cameron

STORY LINK British Pound Sterling FX Forecast for EUR USD CAD: UK Growth Supports Conversion Rate

Pound Gains on Euro before Consumer Confidence The Pound remained trading in a moderately stronger position against the Euro on Wednesday as upbeat UK mortgage approvals data added to the positive sentiment inspired by the British second quarter growth report. If tomorrow's UK GfK Consumer Confidence measure shows improved sentiment,...

CATEGORIES: Daily Currency Updates Pound Canadian Dollar Forecasts Pou Forecasts

Oil Slides, Pound GBP Medium-Term Conversion Rate Forecast vs EUR USD Amended Lower

28 Jul 2015 at 8 AM - Written by John Cameron

STORY LINK Oil Slides, Pound GBP Medium-Term Conversion Rate Forecast vs EUR USD Amended Lower

UK GDP Supports Pound (GBP) Conversion Rate Against Euro As expected by economists, the UK economy was shown to have expanded by 0.7% on the quarter in the second quarter and 2.6% on the year. Although the annual figure was lower than the 2.9% growth recorded in the first quarter, the strong quarterly number was enough to boost the Pound...

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

Fresh Gains Predicted for British Pound GBP vs Australian Dollar AUD and New Zealand Dollar NZD Conversion Rates as Chinese Shares Plunge

27 Jul 2015 at 3 PM - Written by James Fuller

STORY LINK Fresh Gains Predicted for British Pound GBP vs Australian Dollar AUD and New Zealand Dollar NZD Conversion Rates as Chinese Shares Plunge

0.7% UK GDP Could See GBP to AUD at Best Conversion Rate Today If the UK's second quarter growth data confirms a faster rate of expansion in the three months through June compared with the 0.4% growth recorded in the first quarter, the Pound could gain on peers like the US Dollar, Euro and Australian Dollar over the course of trading. A...

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

Forex Outlook Today: Shop Til You Drop? Pound Sterling GBP Tumbles on UK Sales Data

23 Jul 2015 at 6 PM - Written by John Cameron

STORY LINK Forex Outlook Today: Shop Til You Drop? Pound Sterling GBP Tumbles on UK Sales Data

UK Growth Data Could Impact Pound Sterling (GBP) Exchange Rate Trading Next Week As the weekend approached the Pound was trending in broadly softer position as a result of a sub par UK retail sales report. However, next week's UK growth report for the second quarter is expected to show that the nation's economy expanded by 0.7% in the...

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

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