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More Daily Currency Updates Continued - page 52

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

Pound Softens against Yen (GBP/JPY) After Japanese Activity Increases in January

19 Mar 2015 at 11 PM - Written by Ben Hughes

STORY LINK Pound Softens against Yen (GBP/JPY) After Japanese Activity Increases in January

British Pound to Yen (GBP/JPY) Exchange Rate Softens After Japanese Activity Increases The Pound slipped against the Japanese Yen on Thursday after Japanese data rose in line with expectations. The Japanese All Industry Activity Index rose by 1.9% in January after December’s positively revised -0.1% dip. The index has fallen in...

CATEGORIES: Currency Predictions Daily Currency Updates Japa Forecasts

Pound to India Rupee Exchange Rate Falls on UK Data & Budget

18 Mar 2015 at 11 PM - Written by Frank Davies

STORY LINK Pound to India Rupee Exchange Rate Falls on UK Data & Budget

The Pound weakened against the Indian Rupee and declined against the majority of its most traded peers as political concerns over the May 7 general election and the publication of weaker than forecast wage growth data weighed upon sentiment for the UK currency. Data released by the London based Office for National Statistics (ONS) showed...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound weakens against South African Rand on current account data

17 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Pound weakens against South African Rand on current account data

The Pound weakened against the South African Rand as concerns over the uncertain outcome of May’s UK general election weighed upon the UK currency. The Rand meanwhile found support from the release of a stronger than forecast current account report. South Africa’s current account deficit narrowed more than forecast in the final...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Falls against Swiss Franc (GBP/CHF) as General Election Fears Dampen Currency

17 Mar 2015 at 10 PM - Written by Ben Hughes

STORY LINK Pound Falls against Swiss Franc (GBP/CHF) as General Election Fears Dampen Currency

The Pound slipped against the Swiss Franc on Tuesday as general election uncertainty dominated the UK currency. In the months leading up to May, the Pound is expected to soften as the prospect of a political shakeup takes hold. If no party wins the vote with a majority, the fate of UK politics could be unsteady. Controversial political party...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Euro to Pound: Weekly EUR/GBP Exchange Rate Roundup

15 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Euro to Pound: Weekly EUR/GBP Exchange Rate Roundup

The Euro exchange rate experienced volatility at the start of the week as the ECB’s quantitative easing programme was launched. Concerns over Greece were also heightened after the nation said that it wants to hold a referendum on its reform plans but that was dismissed by Germany. The Pound Sterling was firmer against a number of its most...

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

Pound Sterling to Japanese Yen Exchange Rate Drops 0.4%

12 Mar 2015 at 10 PM - Written by Frank Davies

STORY LINK Pound Sterling to Japanese Yen Exchange Rate Drops 0.4%

Over the course of the European session, the Pound lost -0.4% against the Japanese Yen to trade in the region of 180.4700. The pairing had previously hit a low of 180.4300 in spite of UK trade data beating forecasts. The Yen had been the subject of scrutiny earlier in the week as the safe-haven asset fell beyond a seven-year low against the...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterli Forecasts

Rupee Exchange Rate: GBP/INR at 1-Month Low on Positive Indian Data

12 Mar 2015 at 9 PM - Written by Toni Johnson

STORY LINK Rupee Exchange Rate: GBP/INR at 1-Month Low on Positive Indian Data

The Pound to Rupee exchange rate slipped to a 1-month low as economic data out of the Asian nation came in stronger than expectations. An improvement in sentiment towards riskier assets was also supporting the INR and other emerging market assets. Indian Industrial production was shown to have strengthened by 2.6% in January beating economist...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

EUR/USD Exchange Rate Plunges: Greece-Germany Tensions & FED Hike Speculation Weigh

11 Mar 2015 at 4 PM - Written by Toni Johnson

STORY LINK EUR/USD Exchange Rate Plunges: Greece-Germany Tensions & FED Hike Speculation Weigh

The Euro exchange rate continued to decline closer to parity against the US Dollar as the European Central Bank’s (ECB) €1.1 trillion quantitative easing programme begins to bite in the currency markets. The EUR/USD tumbled by more than 1% to slide below the $1.06 level for the firs ttime in over 12 years. The ECB launched its...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Rand Outlook: GBP Advances to 9-Month High vs ZAR Due to Risk Aversion

10 Mar 2015 at 4 PM - Written by Ben Hughes

STORY LINK Rand Outlook: GBP Advances to 9-Month High vs ZAR Due to Risk Aversion

The Pound Sterling advanced to a 9-month high against the South African Rand as demand for riskier emerging market assets weakened on expectations that the US Federal Reserve will begin to hike interest rates in the summer. Sterling meanwhile was higher against most of its major peers as the Bank of England is one of only a few central banks...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Gains Against Swiss Franc (GBP/CHF) as Safe-Haven Asset Loses Favour on Bank Speculation

10 Mar 2015 at 4 PM - Written by James Fuller

STORY LINK Pound Gains Against Swiss Franc (GBP/CHF) as Safe-Haven Asset Loses Favour on Bank Speculation

The Pound advanced against the Swiss Franc on Tuesday as unfavourable Swiss data emerged and investor sentiment for UK rate hikes remained firm. The seasonally adjusted Swiss Unemployment Rate rose from 3.1% to 3.2% in February. The non-seasonally adjusted measure remained at 3.5%, in line with estimates. The State Secretariat for...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

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