Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 93

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

GBP-EUR: Pound Euro Exchange Rate Forecast Improves

11 Jul 2013 at 10 AM - Written by David Woodsmith

Yesterday’s session brought two significant market-moving risk-events for the Pound to euro exchange rate (currency : GBP EUR). The dual developments should, ceteris paribus, have sent the pair higher, but GBP EUR resiliently held in a tight range either side of the 1.1600 threshold throughout the day. News from the perennial...

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

Pound Dollar Exchange Rate Forecast To Drop, GBP EUR Closes Up

10 Jul 2013 at 9 AM - Written by Tim Boyer

And then there were eighteen. Yesterday’s session brought the news that tiny Baltic state Latvia had been accepted into the euroclub by the eurogroup of Finance Ministers. Latvia will adopt the single currency at the start of 2014 and the European Central Bank has confirmed that the exchange rate will be set at 0.702804 Lats to the euro....

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound to Euro (GBP/EUR) & Pound to Dollar (GBP/USD) Exchange Rates Fall

8 Jul 2013 at 9 AM - Written by John Cameron

Friday’s session in the currency markets brought a divergence in appetite for risk between North America’s markets and those in Europe. Investors in the eurozone were fighting shy of risk-laden assets from the very start of the final trading day of the week thanks to renewed fears regarding the region’s long-standing and still...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP To EUR Exchange Rate Tumbles Following BoE ?Forward Guidance? On Interest Rates

5 Jul 2013 at 9 AM - Written by John Cameron

The Pound Sterling endured a torrid day on the currency markets yesterday, giving up ground against all of the other sixteen most-actively traded global currencies. The Pound to Australian Dollar exchange rate was trading down by 1.88% shortly after the UK equities close, while the Pound to New Zealand Dollar exchange rate had lost over 2% at...

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

Pound to Euro Exchange Rate Forecast To Tumble If BoE Increases QE

4 Jul 2013 at 9 AM - Written by David Woodsmith

A brace of better than anticipated US labour market figures, published yesterday afternoon, have raised expectations of a strong showing from tomorrow’s US Non-Farm Payroll figure for June. The latest ADP Employment Change figure showed at a higher than anticipated 188,000. Analysts had been anticipating a print of 160,000, so the release...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro Pound Exchange Rate Steady In Spite Of Greece Rumours

3 Jul 2013 at 9 AM - Written by John Cameron

In a relatively quiet day for tier one data releases, one stand-out piece of leaked information surprisingly slipped under the radar of most investors yesterday. Several news agencies have reported over the past 24hrs that four anonymous European Union policymakers have revealed that Greece has been given a 72hr deadline in order to satisfy...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Sterling to Australian/New Zealand Dollar Exchange Rates Suffer Significant Losses

2 Jul 2013 at 9 AM - Written by Toni Johnson

Appetite for risk came flooding back into the market during the latter part of yesterday’s session following the decidedly ‘risk off’ trading environment which was prevalent on Friday. The shift back into riskier assets by market participants during the second half of the North American trading day was largely due to a stronger than...

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

ONS Reveals UK Economy Did Not Double Dip But GBP EUR Exchange Rate Falls Anyway

28 Jun 2013 at 9 AM - Written by Tim Boyer

‘What should go up and doesn’t go up can only come down’, or so the tried and tested market adage goes. This certainly held true for Sterling during yesterday’s session, as a brace of ostensibly positive risk events failed to stop the UK tender from incurring losses against the majority of the other sixteen most actively traded global...

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

Eurozone Summit Could Send Pound to Euro Exchange Rate Higher

27 Jun 2013 at 9 AM - Written by John Cameron

The early part of last year was peppered with eurozone summit after eurozone summit as the seventeen nation bloc attempted to resolve its burgeoning debt crisis. As each successive summit passed without any resolution to the potentially catastrophic situation, the euro lost more ground, sligshotting the Pound to euro exchange rate to within...

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

Pound Euro Exchange Rate Trades Sideways Ahead Of German General Election

26 Jun 2013 at 9 AM - Written by Frank Davies

Pound Sterling moved ahead against the euro during yesterday’s session, sending the Pound to euro exchange rate (currency : GBP EUR) back through the 1.1800 barrier. It was the first time since 12th June that GBP EUR had risen above the 1.1800 level. The pair has been uncharacteristically quiet over the past two months as investors focussed...

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