Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 99

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

Pound Euro Exchange Rate (GBP EUR) In Peril Following UK's AAA Credit Downgrade

25 Feb 2013 at 9 AM - Written by John Cameron

For some months now, a dark and threatening cloud has hung over Britain. All three of the world’s leading credit ratings agencies placed the UK on ‘creditwatch’ during the latter part of 2012, meaning that there was a realistic chance that she would lose her highly-valued AAA credit rating. Late last Friday, after the European equities...

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

Pound Euro Exchange Rate (GBP EUR) Remains Low Despite Draghi And Van Rompuy?s Words

19 Feb 2013 at 9 AM - Written by John Cameron

A light schedule of global data releases during yesterday’s session meant that investors placed increased focus on public comments from policymakers and central bankers. European Council President Herman Van Rompuy took to the lectern to deliver a set piece speech defending the controversial eurozone-wide budgetary pact which the region’s...

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

GBP AUD And GBP NZD Exchange Rates Claw Back Lost Ground In Spite Of Positive Michigan Confidence Survey

18 Feb 2013 at 9 AM - Written by Frank Davies

Friday afternoon’s Michigan Sentiment survey revealed that confidence levels amongst economic participants in the US has risen to its highest level for some three months. The release helped to ensure that global appetite for risk ended the week on an uptick; investor sentiment had taken a hit earlier in the week, when Q4 GDP data from...

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

Weak UK Retail Sales Print And Strong NZ Data Sends GBP NZD Exchange Rate To Multi-Decade Low

15 Feb 2013 at 10 AM - Written by David Woodsmith

The Pound New Zealand Dollar exchange rate (currency : GBP NZD) slumped to a new multi-decade low last night, following the release of stronger-than anticipated New Zealand retail sales numbers for Q4 2012. The data revealed a quarter-on-quarter increase in domestic shop sales of a healthy 2.1% during the final three months of last year,...

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

Pound US Dollar Exchange Rate (GBP USD) Falls To New 6-Month Low On Weak German And French GDP Data

14 Feb 2013 at 10 AM - Written by Tim Boyer

The Pound has started the day on the front foot against the euro thanks to disappointing GDP data from Germany and France. The official growth figures showed that activity in both nations during the final quarter of 2012 had slowed down in comparison to teh preceeding quarter. Germany’s growth figure was particularly disappointing,...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Pound Japanese Yen Exchange Rate (GBP JPY) Tumbles Following G7 Comments

13 Feb 2013 at 9 AM - Written by Ben Hughes

The Pound endured yet another horror session against the euro yesterday. Price action for the pair during the early part of the day was played out in front of the backdrop of yesterday afternoon’s fast-impending face-to-face between European Central Bank President Mario Draghi and under-pressure Spanish Prime Minister Mariano Rajoy. The...

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

North Korean Nuclear Test And UK Inflation Data Shape Currency Market Price Action

12 Feb 2013 at 9 AM - Written by John Cameron

The safe haven US Dollar has picked up some support in the currency markets during the overnight session thanks to reports of seismic activity in North Korea. The minor ‘quake’ is thought to have been caused by a nuclear test from the secretive nation – if this proves to be the case, then this is North Korea’s third such action in the...

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

UK GDP Estimate And Construction Data Revision Could Prove Positive For Pound Euro Exchange Rate (GDP EUR)

11 Feb 2013 at 9 AM - Written by Minesh Chaudhari

As last week’s session in the currency markets drew to a close, more data was released which hinted that the sharp downturn during the last three months of 2012 marked a near-term nadir for Britain’s economic situation and that the new year has seen the UK PLC turn a corner. The UK Office of National Statistics (ONS) had originally...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Dollar Po Forecasts

Carney?s Comments Propel Pound Euro Exchange Rate (GBP EUR) To 2-Week High

8 Feb 2013 at 9 AM - Written by Ben Hughes

Sterling staged a dramatic turnaround in the currency markets yesterday, reversing a portion of the losses which it has incurred since the start of 2013 to outperform all of the other sixteen most-actively traded global currencies on the day. The Pound’s positive showing was largely attributable to comments by Bank of England...

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

Bank Of England Policy Decision Set To Shape GBP EUR Exchange Rate

7 Feb 2013 at 9 AM - Written by David Woodsmith

The bad news stories keep on coming for the Pound Sterling; yesterday’s session brought the release of a deeply worrying report from the widely-respected Institute of Fiscal Studies, which predicted that the UK’s borrowing requirement for 2014-15 will be a mammoth £64bn higher than previous estimates. The only alternatives to this huge...

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