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More Daily Currency Updates Continued - page 94

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

Norwegian Krone to Dollar Exchange Rate (NOK/USD) Biggest Fall in 21 Years; Gold Price Down 5%

24 Jun 2013 at 9 AM - Written by David Woodsmith

STORY LINK Norwegian Krone to Dollar Exchange Rate (NOK/USD) Biggest Fall in 21 Years; Gold Price Down 5%

Last week brought major volatility for almost all of the world’s major global currencies, with the US Dollar posting pronounced gains against the majority of the other sixteen most-actively traded tenders, while the high-yielding commodity dollars gave up ground. The reasons for this paradigm shift have been well documented – in short,...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Euro to Pound Exchange Rate (EUR/GBP) Drops As Greece Fears Escalate

18 Jun 2013 at 9 AM - Written by John Cameron

STORY LINK Euro to Pound Exchange Rate (EUR/GBP) Drops As Greece Fears Escalate

Sometimes politicians go too far. After signs in recent months that the economic situation in Greece was stabilising and with some positive economic growth in the troubled Hellenic state firmly within sight, the nation’s leader Antonis Samaras appears to have plunged his country into a new constitutional crisis. Samaras didn’t act to end...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP EUR Forecast To Gain, GBP USD Exchange Rate Rises

17 Jun 2013 at 9 AM - Written by James Fuller

STORY LINK GBP EUR Forecast To Gain, GBP USD Exchange Rate Rises

Last Friday’s session saw the IMF weigh into the argument on whether now is the time for the Federal Reserve to begin reducing down the $85bn per month which it continues to pump into its Quantitative Easing programme. The austere body issued a warning to US policymakers that the massive cuts to its Federal budget which President...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts Eur Forecasts

GBP EUR & GBP USD Exchange Rate Hinge On Future Central Bank Policy

14 Jun 2013 at 9 AM - Written by David Woodsmith

STORY LINK GBP EUR & GBP USD Exchange Rate Hinge On Future Central Bank Policy

The twin highlights of today’s session come in the form of this morning’s whole of eurozone CPI inflation data for last month and this afternoon’s US Michigan Sentiment Index. The figures from either side of the Atlantic have one common thread – they are both highly likely to have a bearing on investors’ thoughts on the likely...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP AUD & GBP NZD Exchange Rates Drop

13 Jun 2013 at 10 AM - Written by John Cameron

STORY LINK GBP AUD & GBP NZD Exchange Rates Drop

Last night’s Asian session brought considerable volatility for the Anipodean Dollars following key risk events in both Australia and New Zealand and a potentially game-changing announcement from the World Bank regarding the future prospects of the Chinese economy. As expected, the Reserve Bank of New Zealand announced in the early hours...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

GBP USD Rate Spirals, GBP EUR Tests Higher

12 Jun 2013 at 9 AM - Written by Ben Hughes

STORY LINK GBP USD Rate Spirals, GBP EUR Tests Higher

The Pound Sterling was one of the best-performing of the sixteen most-actively traded global currencies during yesterday’s session, largely thanks to an encouraging NIESR GDP growth estimate for the UK economy, published just before the European equities close. The closely-watched prediction of the level of economic activity in the British...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

S&P Raises Its US Credit Outlook, GBP USD Rate Still Climbs

11 Jun 2013 at 9 AM - Written by John Cameron

STORY LINK S&P Raises Its US Credit Outlook, GBP USD Rate Still Climbs

Perhaps the most notable development in the global currency markets during yesterday’s session acme in the form of an announcement from leading credit ratings agency Standard & Poor’s. The organisation, which is one of the three big global credit grading bureau, revealed just before the European equities close that it had raised its...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

GBP AUD Exchange Rate Heads Higher, GBP NZD Rate Falls Back

10 Jun 2013 at 2 PM - Written by Frank Davies

STORY LINK GBP AUD Exchange Rate Heads Higher, GBP NZD Rate Falls Back

Saturday’s Chinese trade data for May has had a markedly different effect on the Antipodean Dollars. Ordinarily, analysts would expect the high-yielding Australian and New Zealand Dollars to behave in a broadly similar fashion to the import/export numbers from the world’s second largest economy. The Chinese figures showed a significantly...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

GBP AUD & GBP NZD Rates Spiral As Share Markets Plummet

6 Jun 2013 at 9 AM - Written by John Cameron

STORY LINK GBP AUD & GBP NZD Rates Spiral As Share Markets Plummet

Yesterday’s North American session brought wild fluctuations in the value of several of the sixteen most-actively traded currencies, with the high-yielders, in particular, taking a pounding. The shift in market sentiment was driven by the prevailing ‘risk off’ trading environment, which saw global shares give up a significant amount of...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Outlook For GBP EUR Exchange Rate Hangs On Eurozone GDP Data

5 Jun 2013 at 9 AM - Written by David Woodsmith

STORY LINK Outlook For GBP EUR Exchange Rate Hangs On Eurozone GDP Data

Today brings another packed schedule of data releases with several tier one risk events likely to trigger pronounced price action for the world’s major currency pairs. The latest Q1 GDP growth data in the eurozone will have an immediate effect on levels for the euro should it show at anything other than the anticipated quarterly -0.2%. A...

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

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