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Dollar Pound forecast page 75 - USD GBP/FUNCTION.MYSQL

A round up of the latest Dollar Pound forecast news items from the Currency News desk.

Strong US Data Sends GBP USD Exchange Rate Lower Again

15 Mar 2013 at 6 PM - Written by John Cameron

This afternoon’s session was marked by further positive data releases in the US. Manufacturing production data for last month showed that the combined output of America’s factories expanded by a healthy 0.8% last month, while US Industrial Production data, also for February, showed a gain of 0.7%, which was well ahead of analysts’...

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Foreign Currency Exchange Rate Predictions For GBP AUD, NZD, SGD, HKD & USD For Today

8 Mar 2013 at 2 PM - Written by Tim Boyer

Last night’s Chinese Trade Balance data made for interesting reading for investors holding an array of different currencies. The import / export numbers from the world’s second-largest economy painted a decidedly mixed picture. On the debit side, last month’s Chinese import figures showed a marked drop-off in comparison with...

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Pound New Zealand Dollar Exchange Rate (GBP NZD) Improves Following Weak NZ Trade Data

27 Feb 2013 at 3 PM - Written by John Cameron

Yesterday afternoon’s comments from Federal Reserve Chairman Ben Bernanke served to steady the frayed nerves of equities investors who had taken last week’s Fed minutes as a sign that the US central bank was about to end it Quantitative Easing programme. Bernanke told the Senate Banking Committee that the Federal Reserve felt that its...

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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,...

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Foreign Currency Exchange Rate Prediction For GBP EUR And Forecasts For USD & CHF

12 Feb 2013 at 2 PM - Written by James Fuller

The POUND STERLING has endured another dismal session in the currency markets, almost totally eradicating its gains of the second half of last week against the other global majors. The fact that this morning’s UK CPI inflation data revealed that the rate of British price rises remains well above target, and yet Sterling has still suffered...

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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...

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Pound Euro Exchange Rate Slumps To New 15 Month Low Following Revised US Jobs Data

4 Feb 2013 at 9 AM - Written by Tim Boyer

Global shares soared and the Pound Sterling slumped as last week’s session drew to a close. It was clear what had caused the surge in global appetite for risk - positive US employment data, released at the start of the North American trading day on Friday, which sent the benchmark Dow Jones Industrial Average spiralling to its highest level...

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Shock US Q4 GDP Data Shows That World?s Largest Economy Shrank, Sending GBP USD Lower, GBP AUD & GBP NZD Higher

30 Jan 2013 at 4 PM - Written by Frank Davies

This afternoon’s US GDP data for Q4 came out at a shockingly poor annualised -0.1%. Analysts had been anticipating a drop-off from Q3’s decent showing of 3.1%, with a 1.1% print expected, so the extent of the slowdown in the world’s premier economy came as a body blow to investors holding US Dollars. The knee-jerk reaction from...

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GBP to Euro Exchange Rate Down And Could Head Lower

13 Dec 2012 at 9 AM - Written by John Cameron

The euro once gain registered gains against the Pound during yesterday’s session, sending the GBP EUR exchange rate down into the lower half of the 1.2300s by the European equities close. Not for the first time in recent sessions, the single currency appeared to be defying all logic by strengthening against Sterling. The fundamentals...

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Poor Chinese And Japanese Data Threaten Pound Dollar Exchange Rate

11 Dec 2012 at 9 AM - Written by John Cameron

The early part of this week’s session has brought the release of a mixed bag of data from Asia’s two leading economies. Chinese Industrial Production and Retail Sales data, released on Sunday, provided room for optimism, revealing that factory output and shop sales had increased at an accelerated rate last month. However, the positive...

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