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More Daily Currency Updates Continued - page 9

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

GBP USD Exchange Rate Fluctuates on Mixed News for Both Nations

23 Nov 2017 at 5 PM - Written by John Cameron

STORY LINK GBP USD Exchange Rate Fluctuates on Mixed News for Both Nations

The Pound US Dollar exchange rate fluctuated today as markets reacted to fresh caution from the Federal Reserve and news that the Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK. Fed Moves Cautiously, USD Exchange Rates Falter The US Dollar continued its fall today as markets reacted to the release...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP NZD Exchange Rates Fall as NZ Political Anxiety Wanes

21 Nov 2017 at 5 PM - Written by John Cameron

STORY LINK GBP NZD Exchange Rates Fall as NZ Political Anxiety Wanes

The Pound New Zealand Dollar exchange rate fell today despite a disappointing contraction in global dairy prices and hopeful progress in the Brexit negotiation process. Global Dairy Prices Fall, NZD Exchange Rates Unperturbed Recent data from New Zealand has not been overly impressive, with Sunday revealing a massive -1.1% contraction...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP USD Exchange Rates Inch Backwards Ahead of BoE Rate Announcement

2 Nov 2017 at 11 AM - Written by David Woodsmith

STORY LINK GBP USD Exchange Rates Inch Backwards Ahead of BoE Rate Announcement

The Pound US dollar exchange rate pared some gains this morning as markets grew increasingly skittish before the big Bank of England (BoE) widely anticipated rate announcement. GBP Exchange Rates Slide as Markets Prove Wary Ahead of BoE Decision The Pound slid against the US Dollar this morning, despite UK data releases this week...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

USD GBP Exchange Rates Slide Amid BoE Rate Hike Hype

31 Oct 2017 at 4 PM - Written by John Cameron

STORY LINK USD GBP Exchange Rates Slide Amid BoE Rate Hike Hype

The US Dollar Pound Sterling exchange rate continued to tumble today with markets preparing for a potential rate hike from the Bank of England (BoE) on Thursday (affectionately dubbed ‘Super Thursday’) and an imminent announcement from US President Donald Trump regarding who will be replacing Janet Yellen as Chairman of the Federal...

CATEGORIES: Daily Currency Updates

Pound Euro (GBP EUR) Slips on Fresh BoE Rate Hike Caution

27 Oct 2017 at 10 AM - Written by John Cameron

STORY LINK Pound Euro (GBP EUR) Slips on Fresh BoE Rate Hike Caution

The Pound Euro exchange rate dwindled this morning on fresh uncertainty regarding the potential outcome of the Bank of England’s (BoE) November rate meeting. GBP Exchange Rates Encumbered by Pessimistic Outlook for UK Economy Markets might be pricing in a rate hike from the BoE on November the 2nd, but investors remain concerned about...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts

GBP CAD Exchange Rates Neck and Neck before UK GDP and BoC Rate Decision

24 Oct 2017 at 10 AM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rates Neck and Neck before UK GDP and BoC Rate Decision

A quiet data day has left the Pound Canadian Dollar neck and neck this morning as markets await tomorrow’s UK GDP figures and the Bank of Canada’s (BoC) October rate decision. GBP Climbs as Theresa May Dinner Rumours are Dispelled The Pound is currently climbing on the back of renewed positive Brexit sentiment, with German...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

GBP NZD Tumbles as UK Manufacturing Disappoints

2 Oct 2017 at 3 PM - Written by Frank Davies

STORY LINK GBP NZD Tumbles as UK Manufacturing Disappoints

The Pound New Zealand Dollar exchange rate tumbled today as markets responded to news that UK manufacturing activity slipped below forecasts in September. UK IHS Markit Manufacturing PMI Misses its Mark – GBP Falls The IHS Markit UK manufacturing PMI dropped to 55.9 in September, below the downwardly revised 56.7 figure in August and...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

Outlook for the GBP AUD Exchange Rate: Pound Sterling Sell-off as Foreign Exchange Markets Cool

18 Sep 2017 at 1 PM - Written by Ben Hughes

STORY LINK Outlook for the GBP AUD Exchange Rate: Pound Sterling Sell-off as Foreign Exchange Markets Cool

The pound to Australian dollar exchange rate has fallen back from last week's best conversion levels as sterling was sold-off across the markets. Amid a lack of demand for risk-correlated currencies, GBP/AUD easily surged last week as investors digested an unexpectedly hawkish tone from the Bank of England (BoE). The ‘Aussie’ has...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Aus Forecasts

Pound Sterling Forecast to Rise vs US Dollar as BoE Vlieghe Acknowledges 'Growing Need for Near-Term Rate Hike'

15 Sep 2017 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling Forecast to Rise vs US Dollar as BoE Vlieghe Acknowledges 'Growing Need for Near-Term Rate Hike'

The pound to dollar exchange rate ended the week at the best levels since the EU Referendum vote last year. Cable is quoted at 1.35925 on Saturday, September 16. GBP/USD continued to climb on Friday as Bank of England (BoE) member Gertjan Vlieghe unexpectedly expressed hawkish sentiment. GBP Surges as BoE Vlieghe Claims that Rate...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

The Euro to Dollar Exchange Rate Forecast: "Above 1.1990/00 Turns Near-Term Outlook More Bullish"

15 Sep 2017 at 3 PM - Written by Tim Boyer

STORY LINK The Euro to Dollar Exchange Rate Forecast: "Above 1.1990/00 Turns Near-Term Outlook More Bullish"

"EUR/USD price action may have formed a base in the mid/upper 1.18s yesterday, suggesting that spot’s corrective drift lower from last week’s peak near 1.21 is complete. Gains through minor trend resistance at 1.1930 (now minor support). The EUR has a little more work to do in order to gain more appreciably; above 1.1990/00 turns the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

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