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

GBP AUD Exchange Rate Forecast To Gain, GBP NZD Drops

12 Sep 2013 at 2 PM - Written by David Woodsmith

STORY LINK GBP AUD Exchange Rate Forecast To Gain, GBP NZD Drops

The GBP NZD and GBP AUD exchange rates have headed in opposite directions overnight. The Kiwi has gained ground as investors factor-in a higher chance of domestic rate hikes, while the Australian Dollar has suffered due to weak domestic employment figures. The Pound Australian Dollar exchange rate (GBP/AUD) is currently trading up by 0.90%...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

GBP USD & GBP EUR Exchange Rates Forecast To Climb If UK Employment Figures Shine

11 Sep 2013 at 10 AM - Written by John Cameron

STORY LINK GBP USD & GBP EUR Exchange Rates Forecast To Climb If UK Employment Figures Shine

Sterling registered small gains against the US Dollar and euro on the day yesterday, sending GBP USD and GBP EUR marginally higher. Weak Italian GDP data ensured that the single currency struggled to assert itself on the session. The Pound US Dollar exchange rate (GBP/USD) is currently trading up by 0.24% at 1.5733 GBP/USD. The US Dollar...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate Today: GBP/EUR Breaks 1.1900 Barrier On German Data

9 Sep 2013 at 9 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate Today: GBP/EUR Breaks 1.1900 Barrier On German Data

The GBP EUR exchange rate is in bullish mood following poor German export figures on Friday. However, GBP AUD appears to be heading the other way after a landslide victory for the Liberal / National coalition in Australia’s weekend general election. The Pound euro exchange rate (GBP/EUR) is currently trading up by 0.14% at 1.1872...

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

Losses Forecast For Pound to Dollar Exchange Rate (GBP/USD)

6 Sep 2013 at 9 AM - Written by Tim Boyer

STORY LINK Losses Forecast For Pound to Dollar Exchange Rate (GBP/USD)

The Pound Dollar exchange rate (GBP USD) has defied gravity and trended higher during recent weeks. However, losses for the Greenback could be stemmed if this afternoon’s US Non-Farm Payrolls data shows at or above the expected 180,000 level. The Pound US Dollar exchange rate (GBP/USD) is currently trading down by 0.22% at 1.5589...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound to Euro (GBP/EUR) Exchange Rate Hits Near Term High On Services Data

5 Sep 2013 at 11 AM - Written by Toni Johnson

STORY LINK Pound to Euro (GBP/EUR) Exchange Rate Hits Near Term High On Services Data

The Pound stormed ahead against the euro during yesterday’s session, sending the GBP EUR exchange rate up to a fresh near-term high. However, these gains may prove ephemeral if ECB President Mario Draghi alludes to inflationary pressures returning to the eurozone economy later today. The Pound euro exchange rate (GBP/EUR) is currently...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound to Euro & Rupee Exchange Rates Gain On Positive UK PMI Construction Data

3 Sep 2013 at 11 AM - Written by Ben Hughes

STORY LINK Pound to Euro & Rupee Exchange Rates Gain On Positive UK PMI Construction Data

Evidence mounts that the British economy is healing following this morning’s positive UK PMI Construction survey. The news has sent GBP EUR higher, but Sterling has lost ground against the Australian Dollar overnight following the Reserve Bank of Australia’s failure to cut domestic interest rates. The Pound euro exchange rate (GBP/EUR)...

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

Pound to Dollar & Pound to Euro Exchange Rates End Week On High As Greece Fears Re-emerge

2 Sep 2013 at 10 AM - Written by John Cameron

STORY LINK Pound to Dollar & Pound to Euro Exchange Rates End Week On High As Greece Fears Re-emerge

The Pound euro (GBP/EUR) and Pound US Dollar (GBP/USD) exchange rates finished last week on an uptick. Fears regarding a re-emergence of Greece’s debt crisis and weak US spending data sent both pairs higher. The Pound euro exchange rate (GBP/EUR) is currently trading up by 0.40% at 1.1755 GBP/EUR. The euro Pound exchange rate is...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Exchange Rate Today: GBP/EUR Climbs, Gains For GBP USD Are Limited By Syria

29 Aug 2013 at 5 PM - Written by John Cameron

STORY LINK Euro Exchange Rate Today: GBP/EUR Climbs, Gains For GBP USD Are Limited By Syria

Sterling fared well on the day yesterday, climbing against the euro. However, the Pound’s gains against the US Dollar were limited by safe haven support for the Buck in anticipation of the effects of an international response to events in Syria. The Pound euro exchange rate is currently trading down by 1.30% at 99.6547 GBP/EUR. The euro...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Pound Exchange Rate (EUR/GBP) Climbs On Positive Eurozone PMI Data

23 Aug 2013 at 9 AM - Written by James Fuller

STORY LINK Euro Pound Exchange Rate (EUR/GBP) Climbs On Positive Eurozone PMI Data

The GBP EUR exchange rate has trended lower on the day thanks to firm data from the eurozone. Improvement for the single currency will be tested by this afternoon’s eurozone Consumer Confidence survey. The Pound Euro exchange rate is currently trading down by 0.30% at 1.1670 GBP/EUR. The Euro Pound exchange rate is currently trading at...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP/AUD & GBP/NZD Exchange Rates: Will US Federal Reserve Begin Tapering QE In September?

21 Aug 2013 at 10 AM - Written by David Woodsmith

STORY LINK GBP/AUD & GBP/NZD Exchange Rates: Will US Federal Reserve Begin Tapering QE In September?

The future direction of the GBP AUD and GBP NZD exchange rates hinges on tonight’s US Federal Reserve minutes. Any suggestion that QE is here to stay in the US could send both pairs sharply lower. The Pound New Zealand Dollar exchange rate is currently trading up 1.04% at 1.9623 GBP/NZD. The New Zealand Dollar Pound exchange rate is...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

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