Latest Currency News Continued - page 4
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Dollar to Pound Sterling Exchange Rates Steady in Anticipation of Major US Non-Farm Payroll Report
8 Mar 2019 at 11 AM - Written by James Fuller
STORY LINK Dollar to Pound Sterling Exchange Rates Steady in Anticipation of Major US Non-Farm Payroll Report
As investors sold the Pound since yesterday on fresh Brexit jitters, the sturdy US Dollar has been able to take advantage of this and as a result the US Dollar to Pound (USD/GBP) exchange rate is trending higher towards the end of the week. Demand for the US Dollar cooled a little as investors anticipated this afternoon’s influential US Non-Farm Payroll report.
Since opening this week at the level of 0.7571, USD/GBP has seen...
CATEGORIES: Dollar Pound Forecasts
Pound to Yen Exchange Rate: GBP/JPY Slides on Dovish BoE Comments
7 Mar 2019 at 5 PM - Written by John Cameron
STORY LINK Pound to Yen Exchange Rate: GBP/JPY Slides on Dovish BoE Comments
Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as Brexit Negotiations Hit an Impasse
The Pound Sterling Japanese Yen (GBP/JPY) exchange rate plummeted over the course of Thursday morning.
The pairing is currently trading at an inter-bank rate of ¥146.5070.
Sterling slipped following reports that said both British and European Union sources said Brexit negotiations had hit an impasse.
There is nothing to suggest...
CATEGORIES: Pound Yen Forecasts
The Pound to Euro Exchange Rate: GBP/EUR Edges Higher as Dovish Draghi Outlines Threats to Eurozone
7 Mar 2019 at 4 PM - Written by John Cameron
STORY LINK The Pound to Euro Exchange Rate: GBP/EUR Edges Higher as Dovish Draghi Outlines Threats to Eurozone
The Pound to Euro exchange rate edged higher today and with GBP to EUR currently trading around €1.1670 on the inter-bank market.
The Euro (EUR) fell considerably against most of its competitors today following the announcement from the European Central Bank today that it would cut its growth outlook from 1.7% to 1.1%.
The Governor of the ECB, Mario Draghi, struck a dovish tone today, saying:
‘The persistence of...
CATEGORIES: Pound Euro Forecasts
Euro-Swiss Franc Exchange Rate Steadies with European Central Bank (ECB) Policy Decision Imminent
7 Mar 2019 at 12 PM - Written by Ben Hughes
STORY LINK Euro-Swiss Franc Exchange Rate Steadies with European Central Bank (ECB) Policy Decision Imminent
As Eurozone data comes in slightly better than forecast this week, higher demand for safe haven currencies like the Swiss Franc has done little to push the Euro to Swiss Franc (EUR/CHF) exchange rate lower. Investors have been too hesitant to make major moves on the pairing ahead of today’s anticipated European Central Bank (ECB) policy decision.
Since opening this week at the level of 1.1358, EUR/CHF has fluctuated fairly...
CATEGORIES: Euro Forecasts Swiss Franc Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Fails to Capitalise as US Trade Deficit Hits 10-Year High
6 Mar 2019 at 4 PM - Written by Frank Davies
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Fails to Capitalise as US Trade Deficit Hits 10-Year High
Widened US Trade Deficit Limits Pound Sterling US Dollar (GBP/USD) Exchange Rate Downside
An unexpectedly sharp widening of the US trade deficit helped to put a floor under the Pound Sterling to US Dollar (GBP/USD) exchange rate on Wednesday.
As the deficit continued to swell in December, propelled by a decline in US export volumes, the mood towards the US Dollar soured.
With the US trade gap now at a ten-year high this...
CATEGORIES: Pound Dollar Forecasts