Dollar Pound forecast page 48 - USD GBP

Pound Sterling (GBP) Exchange Rate Outlook Neutral to Positive The POUND STERLING (currency : GBP) was helped by comments from Bank of England (BoE) Governor Mark Carney to the UK Parliament’s Treasury Select Committee yesterday. The BoE Chief told British parliamentarians, among other things, that a UK exit from the European Union...

US Dollar (USD) Exchange Rates Decline after a Mixed Jobs Report Not for the first time during recent months, the latest US jobs figures – published a short time ago – proved to be a decidedly mixed bag. The headline grabber was another stellar set of job creation numbers, which revealed that a whopping 242,000 new positions had been...

Moody's Downgrades China Outlook, AUD and NZD Predicted to Fall Just when global equities markets were getting over the disappointing Chinese Gross Domestic Product data which was published at the start of the year and the downward shift in investor sentiment which followed, leading credit ratings agency Moody’s has re-ignited...

Australian Dollar Exchange Rates Gain on Positive GDP Growth Two strong Gross Domestic Product data sets from opposite sides of the world have provoked movement in the global currency markets today. The Australian version, published shortly after midnight UK time, led the way, revealing a year on year level of domestic economic growth of a...

Diary Prices Rise - Higher Milk Prices Boost NZD Trading Yesterday’s afternoon session brought the publication of the fortnightly GlobalDairyTrade auction results and investors holding the New Zealand Dollar (currency : NZD) sat up and took notice. The average winning price has fallen for the past four auctions, so expectations were...

AUD Edges Higher after RBA Hold Overnight Cash Rate The overnight Asian session brought significant risk events which are forecast to inform price action in the global currency markets today. As anticipated, the Reserve Bank of Australia (RBA) opted to maintain its key lending rate at its current record low level of 2.00%. RBA Governor...

World Trade Auction Predicted to Cause GBP/NZD Exchange Rate Volatility Today The coming week brings a blank session for tier one UK data releases, although the 'Brexit' is sure to spark some GBP movement as news, predictions and accusations continue to fly, but with volatility once again forecast across all asset classes, economic...

US Dollar (USD) Exchange Rates Gain after GDP Bettered Estimates This afternoon’s US Gross Domestic Product growth and Personal Consumption Expenditure data has had a pronounced effect on the US Dollar (currency : USD) as well as many other leading currencies. The initial version of America’s Q4 growth numbers suggested that the...

MP Michael Gove Comments Cause Pound Sterling (GBP) Exchange Rates to Extend Losses The Pound Sterling (currency : GBP) has received another hammering from currency market participants during this morning’s trading session as fears grow that UK voters may come out in favour of a split from the European Union on 23rd June after David...

GBP/USD Exchange Rate at Worst Level since 2009 on EU Exit Nerves The Pound Sterling (currency : GBP) has fallen to its lowest level against the US Dollar (currency : USD) since March 2009 during the last few minutes as fears that the UK may be about to exit the European Union increase. The UK Prime Minister David Cameron returned from...