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

Pound Euro Exchange Rate (GBP/EUR) Forecast To Fall On Dual UK Deficit Threat

31 Mar 2014 at 9 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate (GBP/EUR) Forecast To Fall On Dual UK Deficit Threat

Dual structural deficits at the heart of British economy threaten to hamper the Pound Sterling’s performance as we head into the second quarter of 2014. The UK Office of National statistics published worrying figures on Friday which revealed that Britain’s trade deficit during the final three months of 2013 was running at a higher than...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Pound Exchange Rate Today: EUR GBP Currency Pair Hit By Ukraine Debt Fears

28 Mar 2014 at 10 AM - Written by John Cameron

STORY LINK Euro Pound Exchange Rate Today: EUR GBP Currency Pair Hit By Ukraine Debt Fears

The Euro gave up ground against both the Pound (EUR/GBP) and the US Dollar (EUR/USD) during yesterday’s session in the currency market, sending the Pound euro exchange rate up to close to the 1.2100 GBP/EUR threshold, while the euro Dollar exchange rate dipped to 1.3729 EUR/USD during afternoon trading. Some of the weakness for the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Exchange Rates Today: Pound to Euro Rockets to 1.2022 GBP/EUR; Pound to Dollar Forecast Losses

27 Mar 2014 at 9 AM - Written by Minesh Chaudhari

STORY LINK Exchange Rates Today: Pound to Euro Rockets to 1.2022 GBP/EUR; Pound to Dollar Forecast Losses

Yesterday’s European session brought a keynote announcement from the Bank of England which is likely to see the Pound Sterling (currency:GBP) well supported during coming months. The UK central bank announced that it has agreed an accord with the People’s Bank of China which will allow the Chinese Yuan (or Renminbi as it is also...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound New Zealand Dollar Exchange Rate Forecast: GBP/NZD Gains Predicted If Global Trade War Begins

26 Mar 2014 at 9 AM - Written by John Cameron

STORY LINK Pound New Zealand Dollar Exchange Rate Forecast: GBP/NZD Gains Predicted If Global Trade War Begins

Highlights for today’s session in the global currency market include this afternoon’s US Durable Goods Orders data and this evening’s February Trade Balance numbers in New Zealand. Both the Greenback and the Kiwi Dollar have edged forward against the Pound over the past two weeks, sending the Pound US Dollar and Pound New Zealand Dollar...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Plunges to 1.1920 GBP/EUR; Euro Forecast Looks on Today's German Survey

25 Mar 2014 at 9 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Plunges to 1.1920 GBP/EUR; Euro Forecast Looks on Today's German Survey

The major move from global currency traders during yesterday’s North American session came in the Pound euro exchange rate market. The pair plunged to 1.1920 GBP/EUR just after the New York close as market participants priced in this morning’s UK Consumer Price Index inflation numbers which are expected to show that the rate of British...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro GBP/EUR Exchange Rate Forecast To Gain On Positive UK House Price Data

24 Mar 2014 at 9 AM - Written by John Cameron

STORY LINK Pound Euro GBP/EUR Exchange Rate Forecast To Gain On Positive UK House Price Data

The major interest at the end of last week for market participants holding Pound Sterling denominated assets came in the form of a raft of British housing market data and related commentary. Headlining the information flow was Friday’s revelation from the coalition government that over 17,000 homes had been bought with the assistance of the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Exchange Rates Forecast: Could Pound Canadian Dollar (GBP CAD) & Pound Norwegian Krone (GBP NOK) Plunge On Russia Sanctions?

19 Mar 2014 at 9 AM - Written by David Woodsmith

STORY LINK Exchange Rates Forecast: Could Pound Canadian Dollar (GBP CAD) & Pound Norwegian Krone (GBP NOK) Plunge On Russia Sanctions?

The European Union and the United States reacted to the resounding vote in favour of rejoining Russia by the Crimean people in Sunday’s referendum by imposing travel bans and economic sanctions on leading Russian and Ukrainian politicians who have supported Moscow’s annexation of Crimea. The initial round of targeted action was directed a...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP/EUR Forecast: Gains Predicted for Pound Euro Exchange Rate

17 Mar 2014 at 10 AM - Written by John Cameron

STORY LINK GBP/EUR Forecast: Gains Predicted for Pound Euro Exchange Rate

Last week’s session saw the Euro power ahead against Pound Sterling sending the Pound euro exchange rate down below the 1.1950 level GBP/EUR. Renewed support for the single currency during the last seven days has been driven by the European Central Bank’s surprise volte face which it delivered the week before. Europe’s reserve bank...

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

Pound Sterling Euro Forecast: GBP EUR Exchange Rate Predicted Losses

11 Mar 2014 at 10 AM - Written by John Cameron

STORY LINK Pound Sterling Euro Forecast: GBP EUR Exchange Rate Predicted Losses

In the absence of any tier one data releases from the UK or the eurozone, you might have expected yesterday’s session to be a quiet one for the Pound Sterling to Euro exchange rate GBP/EUR. If you did, you were wrong, because the pair moved steadily lower during the day, falling to as low as 1.1972 GBP/EUR during the final stretch of the...

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

Losses Forecast For GBP/USD Exchange Rate If NFP Data Pleases

7 Mar 2014 at 1 PM - Written by David Woodsmith

STORY LINK Losses Forecast For GBP/USD Exchange Rate If NFP Data Pleases

The major risk event during this afternoon’s trading session comes in the form of the latest US labour market data. Analysts are anticipating that the closely-monitored US Non Farm Payrolls number will show that some 150,000 new jobs had been created in the vast American economy last month. Anything above this showing is likely to allow the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

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