Latest Currency News Continued - page 464

Currency News UK presents today's foreign exchange rate predictions for Pound Sterling (currency:GBP) and our future forecast for the US Dollar (currency:USD) and the Australian Dollar (currency:AUD). The POUND STERLING (currency:GBP) continues to face major headwinds in the global currency markets. The Bank of England’s prediction that domestic inflation will drop below 1.0%, the potential for a UK exit from the eurozone...

The Pound slid against the Japanese Yen ahead of a host of Japanese domestic data releases. The Yen is likely to experience fluctuations when the Japanese National Consumer Price Index (CPI) is released which is forecast to fall on the year from 3.2% to 3.0%. The Japanese Jobless Rate is expected to remain at 3.6% in October, while Household Spending is expected to pick up slightly on the year from -5.6% to -5.0%. Japan’s...

Currency News Uk brings you the latest Euro (currency:EUR) to US Dollar (currency:USD) exchaneg rate forecast The Euro weakened against the US Dollar and other major peers due to data showing that inflation in Germany (the Eurozone’s largest economy) slowed to its weakest level in close to five years, inflation also fell in Spain adding to concerns over deflation. According to the Wiesbaden based Federal Statistics...

Pound to Australian Dollar Exchange Rate Forecast Today’s session has coincided with the Thanksgiving holiday in the US, making for lower than usual trading volumes in the currency markets. However, this did not stop several of the major global tenders experiencing price action and analysts forecast that this could be set to continue into tomorrow’s session. RBA Jawbones Aus Dollar Weaker Perhaps somewhat...

Our foreign exchange rate forecasts for the Pound Sterling (currency:GBP), Canadian Dollar (currency:CAD) and the Norwegian Krone (currency:NOK) TThe US economy is moving forward at quite a clip and the OECD forecasts a continued improvement in the state of the global economy over coming years. Meanwhile, analysts agree that the world more than likely reached ‘peak oil’ several years ago and yesterday’s data from the...

The British Pound Sterling (currency:GBP) advanced against the Indian Rupee (currency:INR) as demand for riskier emerging market assets weakened and on heightened end of month US Dollar demand from banks and oil companies. The Indian Rupee had been trading higher against Sterling and other peers earlier in the week as custodian banks sold off US Dollars. Further, dollar sale by a large corporate firm and inflow of foreign...

The British Pound softened against the New Zealand Dollar ahead of New Zealand’s Trade Balance figures despite recording gains against other currency majors. The New Zealand Trade Balance is expected to contract again in October by -642 million, after September’s -1350 million. However, Exports are predicted to reach 3.85 billion in October, slightly higher than September’s 3.61 billion. Imports are forecast to...

Our latest forecasts for the Pound Sterling, US Dollar, euro and Aus Dollar exchange rates The POUND STERLING (currency:GBP) has put in a strong performance during today’s session, recording gains against nearly all of the other sixteen most actively traded global currencies. Figures from the Office of National Statistics pointing to an unexpected slump in the level of British business investment during the third quarter...

Currency News UK brings you today's currency forecast report for the Pound Sterling (currency:GBP), euro (currency:EUR) and the US Dollar (currency:USD). A report from the widely-respected Organisation for Economic Co-operation and Development (OECD), published during yesterday’s session, made highly uncomfortable reading for investors holding euro-denominated assets. The Pound to Australian Dollar exchange rate converts...

The Pound Sterling to Rand exchange rate weakened after Bank of England Governor Mark Carney and three other members of the bank’s Monetary Policy Committee reaffirmed their warning over low inflation. Earlier in the session the Pound to rand exchange rate held on to gains as Gross Domestic Product (GDP) data out of Africa’s most advanced economy failed to inspire any strength in the African currency. Here are the...