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

Euro Pound Exchange Rate (EUR/GBP) Pushes Higher Today as Sterling Forecasts Await BoE

16 Jun 2014 at 12 PM - Written by James Fuller

STORY LINK Euro Pound Exchange Rate (EUR/GBP) Pushes Higher Today as Sterling Forecasts Await BoE

Euro to Pound Rate Today: Over the course of last week the Euro Pound exchange rate was pushed to a 19-month low as the diverging outlooks of the Bank of England and European Central Bank saw investors favour Sterling. While the ECB is introducing unprecedented stimulus measures and considering adopting quantitative easing, the Bank of...

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

GBP Sterling to Euro & Pound Dollar Exchange Rates Slow; EUR & USD Forecasts Strong

15 Jun 2014 at 1 PM - Written by Tim Boyer

STORY LINK GBP Sterling to Euro & Pound Dollar Exchange Rates Slow; EUR & USD Forecasts Strong

Pound Euro & Dollar Exchange Rates The Pound Sterling (GBP) advanced to its best exchange rate in 18 months against the Euro (EUR) exchange rate midweek after data released on Tuesday showed that industrial production in the UK advanced by its fastest yearly rate since 2011. The strong report bolstered optimism that the nation’s recovery...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Foreign Exchange Rates Outlook - Euro to Dollar Firmer, Pound Sterling Strengthens

13 Jun 2014 at 1 PM - Written by David Woodsmith

STORY LINK Foreign Exchange Rates Outlook - Euro to Dollar Firmer, Pound Sterling Strengthens

Foreign Exchange Rates Outlook: The Euro (EUR) held onto yesterday’s gains against the US Dollar (USD) exchange rate on Friday as yesterday’s mixed data releases out of the world’s largest economy to weigh upon the ‘Greenback’. Thursday saw the USA’s labour department report that the number of US citizens filing for initial...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Pou Forecasts

RECORD 2014 Pound to Euro Exchange Rate, Sterling Outperformed by NZ Dollar

12 Jun 2014 at 4 PM - Written by John Cameron

STORY LINK RECORD 2014 Pound to Euro Exchange Rate, Sterling Outperformed by NZ Dollar

The Pound Sterling (GBP) has pushed higher against the Euro (EUR) to reach a record best exchange rate not seen for the last 19 months. The single currency has since clawed a little ground back against the Pound exchange rate following this morning’s stronger than anticipated whole of eurozone Industrial Production data for April. As...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts

Pound Canadian Dollar Exchange Rate Forecast Lower, GBP EUR Higher

12 Jun 2014 at 11 AM - Written by Toni Johnson

STORY LINK Pound Canadian Dollar Exchange Rate Forecast Lower, GBP EUR Higher

Today’s session brings a packed schedule of data releases with April’s version of the whole of eurozone Industrial Production figures leading the way at 1000hrs BST. The euro (currency:EUR) was hit hard during yesterday’s session as institutional investors continued to sell euro-denominated assets and buy higher-yielding tenders...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Euro Forecasts Eur Forecasts

Foreign Exchange Rates: Is Currency Market Intervention From China Keeping Euro (EUR) Strong?

11 Jun 2014 at 9 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates: Is Currency Market Intervention From China Keeping Euro (EUR) Strong?

Despite an apparently ailing economy and a debt crisis which refuses to go away, the euro (currency:EUR) resiliently refused to weaken dramatically against the Pound Sterling (currency:GBP) and the US Dollar (currency:USD) during the first half of this year. Indeed, the Pound euro exchange rate (GBP/EUR) was trading at below the 1.2000...

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

BREAKING EUR -Sterling Euro Exchange Rate Climbs Another 0.33PCT on Thursday

10 Jun 2014 at 10 AM - Written by John Cameron

STORY LINK BREAKING EUR -Sterling Euro Exchange Rate Climbs Another 0.33PCT on Thursday

The Pound Euro was sent to its highest level since the start of last year after the market’s initial response to the European Central Bank’s announcement that it was embarking on a pathway to Quantitative Easing last Thursday was predictable; the result - the single currency exchange rate leaked support. On Thursday 12th June, the...

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

GBP NZ Dollar Exchange Rate Down as New Zealand Dollar Rebounds

6 Jun 2014 at 3 PM - Written by Tim Boyer

STORY LINK GBP NZ Dollar Exchange Rate Down as New Zealand Dollar Rebounds

The Pound to New Zealand Dollar exchange rate (GBP/NZD) pairing was 0.41 per cent lower during European trading on Friday. Domestic factors (and in particular the decline in the price of dairy products) have restrained the New Zealand Dollar over the last week, but the commodity-driven currency staged an impressive rebound on Thursday as...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound Forecasts

Pound to Australian Dollar Exchange Rate (GBP/AUD) Forecast Focus on UK/Australia Employment

6 Jun 2014 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Australian Dollar Exchange Rate (GBP/AUD) Forecast Focus on UK/Australia Employment

Thursday proved to be a volatile one for the currency markets. While the Bank of England’s decision to leave interest rates unaltered failed to cause a stir, the European Central Bank’s interest rate decision had a much stronger impact. The central bank finally took the plunge and took the action it had been threatening for months. The...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

GBP AUD & GBP NZD Exchange Rate Forecasts: Losses Predicted For Pound Sterling to Australian & NZ Dollars

6 Jun 2014 at 9 AM - Written by John Cameron

STORY LINK GBP AUD & GBP NZD Exchange Rate Forecasts: Losses Predicted For Pound Sterling to Australian & NZ Dollars

The European Central Bank’s dramatic efforts, announced yesterday lunchtime, to avert a decimating bout of deflation in the eurozone’s already fragile economy sent the Pound euro exchange rate up to a fresh 17-month high at 1.2400 GBP/EUR. The ECB’s revelation that it was trimming all three of its leading lending rates, with overnight...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Euro Forecasts E Forecasts

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