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

Euro Rate Today - EUR to Dollar Falls to 4 month Low; Sterling Best Rate in 18 Months

5 Jun 2014 at 5 PM - Written by James Fuller

STORY LINK Euro Rate Today - EUR to Dollar Falls to 4 month Low; Sterling Best Rate in 18 Months

Euro Rate Today - The Euro exchange rate (EUR) falls to four-month low against the US Dollar (USD) as ECB introduces negative rate - The Euro declined to a four-month low against the US Dollar on Thursday after the European Central Bank cut interest rates to a new record low, introduced negative rates and announced a fresh round of...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

GBP AUD Exchange Rate Softer as Australian Dollar Boosted by GDP

5 Jun 2014 at 2 PM - Written by Ben Hughes

STORY LINK GBP AUD Exchange Rate Softer as Australian Dollar Boosted by GDP

During the European session the Pound Sterling to Australian Dollar exchange rate was trading in the region of 1.8061 GBP/AUD, just 0.05 per cent stronger than before the publication of Australian trade data. The ‘Aussie’ posted widespread gains earlier in the week as the Reserve Bank of Australia left interest rates unaltered as...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

Pound (GBP) Euro (EUR) Exchange Rate Surges but Returns to Market Positions; Forecast to Gain

5 Jun 2014 at 9 AM - Written by John Cameron

STORY LINK Pound (GBP) Euro (EUR) Exchange Rate Surges but Returns to Market Positions; Forecast to Gain

The Pound to euro exchange rate saw a volatile few hours after the European Central Bank monetary policy announcement revealed a cut to its benchmark interest rate. The GBP EUR currency pair saw day highs of just short of 1.2400, a level not experienced for 18 months. These highs lasted just a short while with the Sterling/euro rate soon...

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

Pound NZ Dollar (GBP/NZD) Exchange Rate Climbs by 0.20pct Before BoE Rate Decision

4 Jun 2014 at 6 PM - Written by Minesh Chaudhari

STORY LINK Pound NZ Dollar (GBP/NZD) Exchange Rate Climbs by 0.20pct Before BoE Rate Decision

GBP/NZD Exchange Rate Climbs by 0.20% before BoE Rate Decision - New Zealand Dollar (NZD) Softens Despite Pound Sterling (GBP) Weakness - Yesterday the Pound Sterling came under pressure as the UK’s construction PMI report came in slightly below forecast levels. While Sterling losses were limited by a separate report detailing a 0.7 per...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound Forecasts

Pound Rupee Exchange Rate (GBP/INR) Falters Following Data-Heavy Day; USD/INR Weakens

4 Jun 2014 at 5 PM - Written by Toni Johnson

STORY LINK Pound Rupee Exchange Rate (GBP/INR) Falters Following Data-Heavy Day; USD/INR Weakens

GBP/INR Exchange Rate Falters following a Data-Heavy Day, USD/INR Weaker - Rupee Supported by Domestic Developments - The Pound to Rupee (GBP/INR) exchange rate edged lower on Wednesday and the Rupee advanced on a struggling US Dollar. Today’s HSBC composite output index for India showed a recovery in the nation’s private sector, with the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Indian Ru Forecasts

AUD NZD Exchange Rate Spikes Higher, GBP EUR Exchange Rate Forecast To Climb

4 Jun 2014 at 9 AM - Written by John Cameron

STORY LINK AUD NZD Exchange Rate Spikes Higher, GBP EUR Exchange Rate Forecast To Climb

The Australian Dollar (currency:AUD) climbed against the Pound Sterling exchange rate while the New Zealand Dollar exchange rate (currency:NZD) lost significant ground against the UK tender during yesterday’s trading session. The differing fortunes for the Southern Hemisphere tenders was illustrated by an intraday upward move of 0.50% for...

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

BREAKING FX: Pound Sterling to Euro Exchange Rate Forecast Comes True as Interest rate Cut Boosts GBP to EUR Pairing

3 Jun 2014 at 9 AM - Written by John Cameron

STORY LINK BREAKING FX: Pound Sterling to Euro Exchange Rate Forecast Comes True as Interest rate Cut Boosts GBP to EUR Pairing

BREAKING FX NEWS: Pound Sterling to Euro Exchange Rate Forecast Comes True as Interest rate Cut Boosts GBP to EUR Pairing - The FX market reaction to the ECB policy decision has confirmed the GBP EUR forecasts, with the pair advancing over 0.5pct within two hours of the European Central Bank's decison to slash its benchmark interest rate to...

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

British Pound to Canadian Dollar Exchange Rate Spikes Sharply as GBP/CAD Holds Advance After Dismal Growth Report

2 Jun 2014 at 3 PM - Written by James Fuller

STORY LINK British Pound to Canadian Dollar Exchange Rate Spikes Sharply as GBP/CAD Holds Advance After Dismal Growth Report

At the close of last week the Pound Sterling to Canadian Dollar exchange rate (GBP/CAD) was able to advance by half a cent. Pound Sterling had been putting in a patchy performance all week but an impressive UK consumer confidence report had helped the currency turn the situation around and end on something of a high. The Pound to Canadian...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Can Forecasts

BREAKING NEWS: Pound Sterling to Australian Dollar Exchange Rate (GBP/AUD) Significant Gains Ahead of RBA Rate Decision

30 May 2014 at 4 PM - Written by Minesh Chaudhari

STORY LINK BREAKING NEWS: Pound Sterling to Australian Dollar Exchange Rate (GBP/AUD) Significant Gains Ahead of RBA Rate Decision

GBP/AUD Breaking News: With the Reserve Bank of Australia’s policy decision looming the Australian Dollar (AUD) to Pound Sterling (AGBP) was trading in a weaker position on Monday. The Pound to Australian Dollar exchange rate has seen significant gains of 0.54pct at 13:30GMT on Monday. The ‘Aussie’ recorded short-lived gains over the...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

Pound to Yen Exchange Rate Today: GBP/JPY Holds Decline Despite Japanese Retail Report

29 May 2014 at 12 PM - Written by Toni Johnson

STORY LINK Pound to Yen Exchange Rate Today: GBP/JPY Holds Decline Despite Japanese Retail Report

The Pound to Yen exchange rate held its modest 0.15 per cent decline as European trading progressed on Thursday. The Pound Sterling to Japanese Yen exchange rate is trading down -0.17% at 169.73633 GBP/JPY. Pound Sterling was broadly softer as a result of bets that the asset’s recent rally was excessive. The currency also came under...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterli Forecasts

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