Latest Currency News Continued - page 462

Currency News UK: Strong German Data Anchors Pound to Euro Exchange Rate A highly encouraging set of data out of Germany on Friday ensured that the euro (currency:EUR) continued to hold its own against the Pound Sterling (currency:GBP). The official data, which pointed to a strong month-on-month increase in the level of factory orders in the Teutonic powerhouse economy provided euro-holders with some ground for limited...

Our Weekly Euro to Pound Exchange Rate Roundup and Live Conversions The Euro began the week under pressure as market attention focused upon Thursday’s European Central Bank (ECB) interest rate decision and press conference. Economists had been betting that the central bank would announce an introduction of a quantitative easing programme in the next quarter after inflation across the Eurozone fell again last week. EUR...

US Dollar to Pound Sterling Exchange Rate Weekly Roundup December 1 - 5 The US Dollar enjoyed another week of solid gains as confidence continues to increase that the world’s largest economy is continuing to strengthen and is becoming more resilient to external shocks from the weakened Eurozone and a slowing China. Monday Saw the GBP/USD Exchange Rate Rise Early on Monday the US Dollar was firmer against its major peers...

The Aus Dollar to NZ Dollar Exchange Rate Outlook and Near-Term Forecasts The Australian Dollar made a small advance against the New Zealand Dollar after the release of downbeat Australian construction sector figures, with the AiG index falling from growth into contraction. With several pieces of disappointing Australian data having emerged of late, concern over the nation’s economic strength has surfaced. Economist...

The Pound to Dollar Exchange Rate Falls as US Jobs Data Bolsters the American Currency Friday afternoon’s US jobs numbers thrashed analysts’ expectations, revealing that 321,000 new jobs had been generated in the US during November, triggering significant shifts in the relative value of several leading global currencies. Analysts forecast that there may be more price action for the GBP/USD to come next week. The...

Currency News UK Presents Our Latest Pound Sterling to US Dollar Exchange Rate Forecast Central bank actions and comments stole the limelight during yesterday’s session in the currency markets, with the European Central Bank (ECB) President Mario Draghi suggesting that the earliest possible data for an expansion of his Bank’s asset purchase programme is now next March. Latest USD Rate Today The Pound to US Dollar...

The Pound softened against the Japanese Yen as UK House Price growth softened for the fourth consecutive month In the three months through November, the Halifax House Price report measured 8.3% growth, down from the previous 8.8%. Economist Martin Ellis stated: ‘Receding buyer interest combined with a revival in private housing completions has brought supply and demand into better balance. [Halifax forecasts] further...

Today Foreign Exchange Markets Saw the Euro to Dollar Exchange Rate Rally The Euro strengthened against the US Dollar to rally to a session high, after the European Central Bank (ECB) left interest rates unchanged at the historic low level of 0.05% and as ECB President Mario Draghi suggested that no quantitative easing measures will be introduced for the time being. Against the US Dollar, the single currency recovered from...

Currency News UK presents our Euro to Pound exchange rate forecast The main event of the day in the global currency markets came earlier on when the European Central Bank (ECB) President Mario Draghi took to the stage to face the assembled gentlemen of the press for his latest monthly Questions and Answers session. The Pound to Australian Dollar exchange rate today is converting +0.06 per cent higher at 1.87018 GBP/AUD. The...

Currency News UK presents the Pound Sterling (currency:GBP) exchange rate forecasts against the Euro (currency:EUR), US Dollar (currency:USD) and the Australian Dollar (currency:AUD) The POUND STERLING (currency:GBP) enjoyed a stellar day on the currency markets yesterday, recording strong gains against nearly all of the other major currencies. Better than expected services sector data and an increase to the British...