Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 96

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

Outlook For Pound Euro Exchange Rate (GBP EUR) Positive As Italy Chooses Anti-Austerity Leader

26 Apr 2013 at 9 AM - Written by Ben Hughes

Two months after its inconclusive general election, Italy appears to have a new leader in place. Yesterday afternoon’s session brought the announcement that the debt-saddled Mediterranean nation’s President Giorgio Napolitano had asked Enrico Letta, the little-known deputy leader of the centre-left Democratic Party, to form a new rainbow...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Euro Exchange Rate (GBP EUR) Gains As GDP Data Reveals That UK Avoided Triple Dip Recession

25 Apr 2013 at 11 AM - Written by David Woodsmith

This morning’s key UK GDP growth data for Q1 of 2013 beat expectations, showing that activity levels in Britain’s ailing economy increased by a quarterly 0.3% during the first three months of this year. Analysts had been anticipating a showing of 0.1%, so the figure proved to be a positive one for the Pound Sterling. A showing of less...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Dollar Forecasts

Euro Exchange Rate: GBP EUR Forecast Negative As Fitch Strips UK Of Its AAA Credit Rating

22 Apr 2013 at 9 AM - Written by Tim Boyer

The weekend market shut down once again brought key developments from the UK following an announcement from one of the world’s three leading credit ratings agencies. Fitch announced late on Friday that it was set to strip Britain of its highly-prized AAA credit rating. The news that a second major credit ratings agencies since the turn...

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

Exchange Rates Outlook: JPY declines vs GBP, EUR, USD & NZD as G-20 Doesn?t Condemn BOJ policies

19 Apr 2013 at 4 PM - Written by Ben Hughes

The Japanese Yen resumed its decline, falling for a fourth day against the US Dollar (JPY/USD) after Japanese finance Minister Taro Aso said that Japan’s stimulus policies have gone unopposed at the G-20 meeting in Washington. The Yen has dropped by around 1.1% against all of its major counterparts as speculation of further easing helped...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Japanese Forecasts

GBP CAD Exchange Rate Forecast To Fall On Canadian Inflation Data, GBP EUR Rate Steady

19 Apr 2013 at 11 AM - Written by David Woodsmith

The overnight session brought a brace of negative commentaries from global policymakers which could hold back the Pound in the short-to-medium term. Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), described the recent economic figures from the UK economy as ‘not particularly good’. Lagarde’s...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates Pound Can Forecasts

Weak UK Retail Sales Data Places GBP/EUR Exchange Rate 'At Risk'

18 Apr 2013 at 10 AM - Written by Minesh Chaudhari

Market focus has settled on the USA over the past 24hrs. The latest edition of the Federal Reserve’s Beige Book was published yesterday and it made for positive reading for investors with interests in the States. The US Central Bank stated that the outlook for the largest economy in the world has improved and that the vast American economy...

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

Pound Sterling Exchange Rates: GBP to AUD, NZD & ZAR Gain after Boston Bombs Trigger Investor Panic

16 Apr 2013 at 9 AM - Written by Frank Davies

Yesterday’s session brought dramatic movement in the currency markets, as institutional investors shifted out of risk-laden assets in response to a heady mix of weak Chinese data and potentially toxic geo-political situations. The start of the week was always bound to be fraught, given that the 15th March marks the birth date of North...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates New Zea Forecasts

Pound Euro Exchange Rate (GBP EUR) Forecasted To Dip On US Data

12 Apr 2013 at 9 AM - Written by John Cameron

As recently as 12th March, the Pound Euro exchange rate (GBP/EUR) was floundering below the 1.1400 level and appeared set to beak down through to a new sixteen month low at levels below 1.1344. Then came the Italian election. The indecisive outcome of the popular ballot in Italy caused institutional investors to suffer a severe attack of the...

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

GBP USD Exchange Rate Steady As Federal Reserve Hints At An End To QE

11 Apr 2013 at 9 AM - Written by David Woodsmith

Yesterday’s session brought the release of the minutes of the most recent Federal Reserve monetary policy meeting in the US. The memos of the latest get-together of the world’s most influential central bank were released to the public ahead of schedule because the Federal Reserve had inadvertently sent the notes to congressional aides and...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Pound Sterling Fails To Capitalise On Positive NIESR Q1 GDP Growth Estimate

10 Apr 2013 at 9 AM - Written by James Fuller

It looks like UK Chancellor of the Exchequer George Osborne’s Budget Statement prediction that the UK economy has avoided an unprecedented triple dip recession may have some legs. Osborne’s assertion that official figures will show that the beleaguered British economy had returned to growth during the first three months of 2013 was borne...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts