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

Pound to Australian Dollar & New Zealand Dollar Exchange Rates Spiral As Investor Sentiment Plummets

20 Aug 2013 at 5 PM - Written by John Cameron

STORY LINK Pound to Australian Dollar & New Zealand Dollar Exchange Rates Spiral As Investor Sentiment Plummets

The Pound has posted strong gains against the Australian and New Zealand Dollars today. Further losses for Asia’s stock markets have driven the move against the Commodity Dollars. The Pound Australian Dollar exchange rate is currently trading up 0.72% at 1.7274 GBP/AUD. The Australian Dollar Pound exchange rate is currently trading at...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Pound Rupee Exchange Rate (GBP/INR) Spirals As Indian Government Policy Fails

20 Aug 2013 at 10 AM - Written by Toni Johnson

STORY LINK Pound Rupee Exchange Rate (GBP/INR) Spirals As Indian Government Policy Fails

Sterling registered strong gains again the Australian and New Zealand Dollars and the Indian Rupee during yesterday’s session. The positive move for GBPINR was particularly pronounced due to a perceived failure of Indian government policy. The Pound Rupee exchange rate is currently trading up 2.41% % at 98.9304 GBP/INR. The Rupee Pound...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Indian Forecasts

Euro to Pound Exchange Rate (EUR/GBP) Threatened by New Greek Crisis

19 Aug 2013 at 10 AM - Written by Ben Hughes

STORY LINK Euro to Pound Exchange Rate (EUR/GBP) Threatened by New Greek Crisis

The GBP EUR exchange rate moved forward last week thanks to an alteration in the Bank of England’s policy. GBP ZAR is also riding high and may threaten its three year high if South Africa’s labour dispute reignites. The Pound Euro exchange rate is currently trading up 0.02% at 1.1717 GBP/USD. The Euro Pound exchange rate is currently...

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

Pound to Lira (GBP/TRY) & US Dollar (GBP/USD) Exchange Rates Spiral On Weak US Data & Egypt Fears

16 Aug 2013 at 10 AM - Written by John Cameron

STORY LINK Pound to Lira (GBP/TRY) & US Dollar (GBP/USD) Exchange Rates Spiral On Weak US Data & Egypt Fears

The US Dollar was friendless in the currency markets yesterday as investors fretted about a brace of weak US data releases. This afternoon’s Michigan Sentiment Index will determine the relative strength of the US Dollar in the near term. The Pound Dollar exchange rate is currently trading up 0.92% at 1.5638 GBP/USD. The Dollar Pound...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

The Pound Euro Exchange Rate (GBP/EUR) Breaks Through 1.1700 On Bank of England Minutes

15 Aug 2013 at 10 AM - Written by David Woodsmith

STORY LINK The Pound Euro Exchange Rate (GBP/EUR) Breaks Through 1.1700 On Bank of England Minutes

Yesterday afternoon’s session saw the Pound well supported, sending GBP EUR up through the 1.1700 threshold. The move in favour of the Pound was triggered by a positive response from investors to the Bank of England’s latest minutes. The Pound Euro exchange rate is currently trading up 0.25% at 1.17272 GBP/EUR. The Euro Pound exchange...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Exchange Rates Forecast For Pound Dollar Rate (GBP/USD) Negative Ahead Of BoE Minutes

14 Aug 2013 at 10 AM - Written by Ben Hughes

STORY LINK Exchange Rates Forecast For Pound Dollar Rate (GBP/USD) Negative Ahead Of BoE Minutes

Investors holding Sterling are eagerly awaiting this morning’s Bank of England minutes. With suspicions mounting that the Bank is looking to boost UK exports by ‘talking down’ the Pound, GBP could be in for a rough ride. The GBP USD exchange rate is currently 1.5452, the USD GBP exchange rate is currently 0.6472. This morning’s...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Currency News: UK Inflation Data Fails To Send GBP EUR Exchange Rate Higher

13 Aug 2013 at 5 PM - Written by James Fuller

STORY LINK Currency News: UK Inflation Data Fails To Send GBP EUR Exchange Rate Higher

An ‘on the money’ print for today’s UK inflation data has failed to send GBP EUR higher. The headline figure of 2.8% suggests that UK monetary policy will not be loosened any further for some time. The GBP/EUR exchange rate is currently 1.1654, the EUR/GBP exchange rate is currently 0.8581. This morning’s UK CPI inflation...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Euro P Forecasts

Pound to Dollar Exchange Rate (GBP USD) Forecast To Fall On Inflation Data

12 Aug 2013 at 10 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate (GBP USD) Forecast To Fall On Inflation Data

Pound to Dollar Exchange Rate (GBP USD) Forecast: ‘Inflation – no chance – to increase - finance’, or so sang Marvin Gaye on the track ‘Inner City Blues’ which featured on his seminal 1971 album, ‘What’s Going On’. Gaye’s bemoaning of the detrimental effect which persistent price rises reek on individuals’ ability to get...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Money Exchange Rates: UK Trade Data Sends Pound Euro Rate Higher

9 Aug 2013 at 3 PM - Written by James Fuller

STORY LINK Euro Money Exchange Rates: UK Trade Data Sends Pound Euro Rate Higher

The Pound euro exchange rate has edged higher on the day as investors responded to an encouraging UK data set. The Pound Euro exchange rate is currently trading up 0.2% at 1.1620 GBP/EUR. The Euro Pound exchange rate is currently trading at 0.8606 EUR/GBP. This morning’s session brought the release of further positive news regarding...

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

Pound Australian Dollar Exchange Rate (GBP/AUD) Drops Despite RBA Interest Rate Cut

6 Aug 2013 at 10 AM - Written by David Woodsmith

STORY LINK Pound Australian Dollar Exchange Rate (GBP/AUD) Drops Despite RBA Interest Rate Cut

In the major overnight risk event, the Reserve Bank of Australia (RBA) opted to trim its official cash rate by 25 basis points to a fresh record low of 2.50%. In a clear example of putting the cart before the horse, investors reacted to the RBA decision by supporting the Australian unit, suggesting that the cut had already been almost fully...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Dollar Forecasts

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