Latest Currency News Continued - page 465

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...

The British Pound to Swiss Franc exchange rate fell after a dovish tone from the Bank of England (BoE) lost some investor sentiment in the British currency. BoE Governor Mark Carney spoke in parliament and reiterated that any increases in interest rates would be slow and gradual. Meanwhile, the upcoming Swiss gold referendum is likely to cause the Swiss Franc to fluctuate in coming weeks. November 30th will see citizens...

Our Latest Pound to US Dollar (GBP/USD) Exchange Rate Forecast Not for the first time during recent months, a strong set of US data provoked as pronounced drop in global appetite for risk during this afternoon’s trading session. The Pound to Australian Dollar exchange rate is +0.86 pct higher with a conversion rate of 1 GBP equals 1.84086 AUD. The Pound to Canadian Dollar exchange rate converts -0.22 per cent lower at 1...

Updated exchange rate forecasts for the UK Pound Sterling (currency:GBP), Euro (currency:EUR), Australian Dollar (currency:AUD) and the US Dollar (currency:USD). The Forecast for the Pound Sterling exchange rate is NEUTRAL TO POSITIVE. The POUND STERLING (currency:GBP) put in another positive session in the global currency markets yesterday, gaining ground against nearly all of the other sixteen most actively traded...