Latest Currency News Continued - page 460

Currency News UK Pound to Dollar Exchange Rate Report Official data from the Commodity Futures Trading Commission (CFTC), published last Friday, have suggested that the US Dollar’s recent bull run may be reaching its conclusion. US Dollar Exchange Rate to Weaken? The figures showed that the total value of net ‘long’ positions on the Buck had dropped to $42.19bn during the week ending 9th December. This represented...

Currency News UK Brings You Our Latest Pound Sterling Forecast Versus the Canadian Dollar The Pound softened against the Canadian Dollar as the North American currency received support from a rise in oil prices. Crude oil is Canada’s most traded export any improvement in prices is a positive for the ‘Loonie’ especially since oil prices have fallen sharply in recent months. Earlier, the United Arab Emirates, a...

Sterling Forecast to Edge Lower on Inflation Data Support for the POUND STERLING (currency:GBP) has eased across the board during today’s session as investors nervously await tomorrow morning’s UK inflation figures. The November numbers are expected to show another drop in the year-on-year pace of UK price rises; if the downward move is of a larger magnitude than economists are anticipating, then the Pound drops....

Pound to Australian Dollar Exchange rate Outlook Today The Pound to Aus Dollar exchange rate fell during Monday’s session as further emphasis was placed on the UK's cooling housing market. Rightmove House Prices contracted in December by a disappointing -3.3% after November’s -1.7%. The annual figure depreciated from 8.5% to 7.0%. Rightmove Director Miles Shipside commented: ‘Whilst a near £9,000 drop is the biggest...

Shaky Euro Exchange Rate This Week? As this week’s session in the currency markets gets underway, fears are mounting regarding the future of the euro (currency:EUR). Greece in Trouble Again? The news that Pierre Moscovici, the European Union’s Commissioner for Finance, is flying into Athens this morning, has served to ramp up investors’ concerns that the euroland’s perennial debt struggler Greece may be on the...

Latest Euro Pound Exchange Rate Analysis, Views and EUR/GBP Report At the start of the week, the Euro advanced against the Pound due to the release of better than forecast Industrial production data out of Germany, the Eurozone’s largest economy. The data showed that industrial production on the country increased by 0.8% on a year on year basis, a figure that was better than the -0.1% decline recorded in the same month as...

Weekly Analysis for the Dollar Pound Exchange Rate With Updated USD/GBP Conversions The US Dollar spent much of the week trading close to a 15-month high against the Pound as the currency continued to receive support from the previous weeks strong economic data releases and growing expectations that the Federal Reserve is edging closer to raising interest rates. At the start of the week, the global markets were shaken by...

Australian Dollar Climbs Versus New Zealand Dollar (AUD/NZD) - Influential Week Ahead The Australian Dollar gained against the New Zealand Dollar on Friday after a rather hectic week for the antipodean currencies. The Australian Dollar both rose and sank after the Reserve Bank of Australia (RBA) announced that it expected the Australian Dollar to tumble further against other majors in the near future. RBA Governor...

Currency News UK Brings You Our Latest British Pound, Euro, Swiss Franc and Euro Forecasts and Exchange Rate Predictions The POUND STERLING (currency:GBP) endured a generally disappointing day in the markets on Friday. The UK tender continues to be weighed down by analysts’ forecasts that the Bank of England may not be in a position to hike British interest rates for another twelve months, while this morning’s data which...

Pound Sterling to Euro (GBP/EUR) Exchange Rate Outlook The GBP EUR exchange rate recorded good gains yesterday afternoon, but was the move driven by a collective decision from investors to buy Pound Sterling denominated assets, or was it driven by market participants’ choosing to sell euros? Euro Rates Today: The Pound to Euro exchange rate today is converting -0.51 per cent lower at 1.26184 GBP/EUR. The US Dollar to...