Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 57

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

Pound Sterling to Rand Exchange Rate Advances to 5-day High

27 Jan 2015 at 10 PM - Written by David Woodsmith

STORY LINK Pound Sterling to Rand Exchange Rate Advances to 5-day High

Today's Pound Sterling Outlook vs the SA Rand The Pound advanced against the South African Rand despite UK fourth quarter Gross Domestic Product (GDP) data coming in below economist forecasts. The Rand fell sharply as domestic data and an escalation in power cuts raised concerns over the economy. Sterling softened against many of its...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound to Swiss Franc (GBP/CHF) in Narrow Range after UK Stats, Swiss Data to Come

27 Jan 2015 at 10 PM - Written by Ben Hughes

STORY LINK Pound to Swiss Franc (GBP/CHF) in Narrow Range after UK Stats, Swiss Data to Come

The Pound stayed in a narrow trading range with the Swiss Franc on Tuesday after UK Gross Domestic Product ecostats showed a marginal increase. The final quarter of 2014 saw the year-on-year figure rise from 2.6% to 2.7%, ignoring 2.8% expectations. In the fourth quarter alone, growth reached 0.5%, shy of the 0.6% predicted. UK economic...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Forecast: Pound Sterling to Euro Exchange Rate Hits 7 ? Year High of 1.3504 GBP/EUR

26 Jan 2015 at 6 PM - Written by John Cameron

STORY LINK Forecast: Pound Sterling to Euro Exchange Rate Hits 7 ? Year High of 1.3504 GBP/EUR

Latest Pound Sterling to Euro (GBP/EUR) Exchange Rate at Seven-and-a-half Year High The Pound Sterling to euro exchange rate spiked at 1.3504 GBP EUR earlier today – its highest level since the final part of 2007. The move was driven by the news that the Syriza party had won a stunning election victory in Greece, leading to...

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

Euro to Pound Outlook: EUR/GBP Exchange Rate Weekly Roundup January 19 to 23

25 Jan 2015 at 7 PM - Written by James Fuller

STORY LINK Euro to Pound Outlook: EUR/GBP Exchange Rate Weekly Roundup January 19 to 23

The Euro’s movements last week were dominated by the European Central Bank and market speculation as to whether the bank’s policy would have the nerve to announce measures large enough to tackle the malaise in the Eurozone economy. With the 19-member currency bloc sliding into deflation and the economies of France, Germany and Italy all...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound to Indian Rupee Advances on Disappointing growth forecast

25 Jan 2015 at 7 PM - Written by Minesh Chaudhari

STORY LINK Pound to Indian Rupee Advances on Disappointing growth forecast

The Pound made gains against the Indian Rupee after a growth forecast showed that the Indian economy would not grow as much as economists had previously expected. The report, which polled 19 analysts, showed that the Indian economy would pick up strength at the start of the year but by a smaller level than forecast. Falling oil prices and...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Canadian Dollar Forecast: CAD Exchange Rate Downtrend Continues as Inflation Dips

25 Jan 2015 at 7 PM - Written by John Cameron

STORY LINK Canadian Dollar Forecast: CAD Exchange Rate Downtrend Continues as Inflation Dips

The Canadian Dollar extended declines against both the Pound and US Dollar on Friday following the publication of Canada’s Consumer Price Index for December. The ‘Loonie’ previously registered a three cent decline against the Pound and fell to a six-year low against the US Dollar following the Bank of Canada’s surprising decision...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Can Forecasts

Pound Sterling to Indian Rupee weakens on Bank of England Minutes

21 Jan 2015 at 8 PM - Written by Frank Davies

STORY LINK Pound Sterling to Indian Rupee weakens on Bank of England Minutes

The Pound Sterling softened against the Indian Rupee and all of its major peers after the Bank of England published the minutes for its January policy meeting. The UK currency weakened as the minutes showed that the Bank of England’s Monetary Policy Committee voted unanimously to leave interest rates unchanged at the record low level of...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound to South African Rand Exchange Rate Strengthens

20 Jan 2015 at 5 PM - Written by Ben Hughes

STORY LINK Pound to South African Rand Exchange Rate Strengthens

The Pound Sterling advanced against the South African Rand after the International Monetary Fund announced that it had its global growth forecast for the global economy and made a third consecutive cut to its forecast for the South African economy. The South African economy has been under pressure over the past year and expectations are...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound to Swiss Franc Today: GBP/CHF Falls as Strength Continues after SNB Decision

20 Jan 2015 at 5 PM - Written by Tim Boyer

STORY LINK Pound to Swiss Franc Today: GBP/CHF Falls as Strength Continues after SNB Decision

The Pound depreciated against the Swiss Franc on Tuesday in a continuation of last week’s Swiss National Bank announcement which saw the central bank remove its 1.20 tie from the Euro. The central bank caused turmoil in the market as the Swiss Franc rose up against other majors by over 30%. Investors took the surprise movement as a sign...

CATEGORIES: Daily Currency Updates Pound Sterling Forecasts Pound Swis Forecasts

Pound to Australian Dollar: GBP/AUD Exchange Rate Gains as UK House Prices Grow in January

19 Jan 2015 at 11 PM - Written by Tim Boyer

STORY LINK Pound to Australian Dollar: GBP/AUD Exchange Rate Gains as UK House Prices Grow in January

The Pound advanced against the Australian Dollar after a major bank reduced its expectations for the price of iron ore in both 2015 and 2016. In addition, UK House Prices grew in value by 1.4% in January, offering Sterling a little support. Industry expert Miles Shipside stated: ‘Early 2015 statistics currently point in the right direction...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

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