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More Daily Currency Updates Continued - page 64

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

NZ Dollar FX Forecasts: GBP/NZD Exchange Rate Advances Despite NZ Unemployment Drop But Slips Today

6 Nov 2014 at 8 PM - Written by Frank Davies

STORY LINK NZ Dollar FX Forecasts: GBP/NZD Exchange Rate Advances Despite NZ Unemployment Drop But Slips Today

Yesterday saw the Pound Sterling climbing versus the New Zealand Dollar (GBP/NZD) despite upbeat data for New Zealand. New Zealand’s Unemployment Rate sank in the third quarter to 5.4% from 5.6%, bettering economists’ 5.5% forecasts. Furthermore, New Zealand Employment Change saw 0.8% growth which also excelled above the 0.6%...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

British Pound to Rupee Exchange Rate Forecast: GBP/INR Weaker on PMI Data

5 Nov 2014 at 11 PM - Written by Tim Boyer

STORY LINK British Pound to Rupee Exchange Rate Forecast: GBP/INR Weaker on PMI Data

The Indian Rupee exchange rate (INR) weakened against the Pound (GBP) as disappointing Chinese data combined with softer than forecast Indian PMI data. Sterling was able to advance despite poor data from the UK. As the Rupee is an emerging market currency, it was particularly vulnerable to the weak data out of China. According to the...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound to Rand Exchange Rate Today: GBP/ZAR Edges Higher

4 Nov 2014 at 10 PM - Written by Ben Hughes

STORY LINK Pound to Rand Exchange Rate Today: GBP/ZAR Edges Higher

The British Pound to South African Rand (GBP/ZAR) exchange rate was little moved on Tuesday as investors sat back into a waiting pattern ahead of key Euro and US Data releases due later in the week. The GBP/ZAR exchange rate saw little movement even as the European Commission announced that it had revised it growth forecasts for the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling to Swiss Franc Exchange Rate (GBP/CHF) Steady, Heavy Swiss Data Week Ahead

4 Nov 2014 at 10 PM - Written by James Fuller

STORY LINK Pound Sterling to Swiss Franc Exchange Rate (GBP/CHF) Steady, Heavy Swiss Data Week Ahead

The British Pound traded in a narrow range vs the Swiss Franc (GBP/CHF) exchange rate following the release of Markit’s UK Construction Purchasing Managers Index and the latest Swiss Real Estate Bubble Index. The British Pound (GBP) was offered little support when the measure of the construction sector dropped from September’s 64.2 to...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Euro to Pound Forecast: EUR/GBP Exchange Rate Weekly Analysis, Predictions & Conversions

2 Nov 2014 at 9 PM - Written by James Fuller

STORY LINK Euro to Pound Forecast: EUR/GBP Exchange Rate Weekly Analysis, Predictions & Conversions

The Euro exchange rate (EUR) began the week making gains against several major peers including the Pound (GBP) and US Dollar (USD) after the results of stress tests on European banks came in better than expected. The stress tests painted a brighter picture than had been expected but Italy, Cyprus and Greece continue to be of concern....

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

NZ Dollar Outlook: GBP/NZD Exchange Rate Tumbles as UK Data Flops

29 Oct 2014 at 9 PM - Written by Toni Johnson

STORY LINK NZ Dollar Outlook: GBP/NZD Exchange Rate Tumbles as UK Data Flops

The Pound Sterling slid vs the New Zealand Dollar exchange rate (GBP/NZD) on Wednesday after New Zealand Business Confidence rose for the first time in eight months. UK data also fell flat, adding additional downward pressure to the Sterling exchange rate. The ‘Kiwi’ could soften if the Reserve Bank of New Zealand (RBNZ) decides to...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

Indian Rupee Exchange Rate Today: INR GBP Softer as Traders Grew Nervous Ahead of FOMC Minutes

29 Oct 2014 at 5 PM - Written by John Cameron

STORY LINK Indian Rupee Exchange Rate Today: INR GBP Softer as Traders Grew Nervous Ahead of FOMC Minutes

The Indian Rupee (INR) exchange rate gave up earlier gains against the Pound and other peers as investors grew increasingly cautious ahead of an eagerly anticipated Federal Reserve Statement. The outcome of the US Central Banks two day long policy meeting for October is being closely watched by the worlds economists as they try to gauge...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound Sterling to Swiss Franc (GBP CHF) Relatively Static - KOF Forecast May Encourage Gains

28 Oct 2014 at 9 PM - Written by Ben Hughes

STORY LINK Pound Sterling to Swiss Franc (GBP CHF) Relatively Static - KOF Forecast May Encourage Gains

The British Pound to Swiss Franc (GBP CHF) exchange rate trended in a narrow range on Tuesday, however has seen positive moves as the week has continued. Sterling softened versus other majors after the Bank of England gave further mixed signals on the topic of interest rate hikes. The Pound has long been extremely sensitive to remarks...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Rand Forex Forecast - ZAR to GBP & EUR Exchange Rates Advance Ahead of Fed Meeting

28 Oct 2014 at 9 PM - Written by David Woodsmith

STORY LINK Rand Forex Forecast - ZAR to GBP & EUR Exchange Rates Advance Ahead of Fed Meeting

The South African Rand (ZAR) exchange rate strengthened against the UK Pound (GBP), Euro (EUR) and other major peers as demand for riskier assets increased ahead of the Federal Reserve’s October policy-meeting outcome. Confidence in emerging markets increased causing risk on trading which sent currencies like the Rand, Rupee and Lira...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Forecast to Rise vs Euro (EUR), US Dollar (USD) and Swedish Krona (SEK)

28 Oct 2014 at 5 PM - Written by John Cameron

STORY LINK Pound Sterling Forecast to Rise vs Euro (EUR), US Dollar (USD) and Swedish Krona (SEK)

Monday's afternoon forex trading session in the global currency markets brought comments from a European Central Bank (ECB) policymaker which will send shudders down the spines of investors holding Euro (EUR) denominated assets. ECB Governing Council member Christian Noyer, (also the Governor of the Bank of France), told the French...

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