Latest Currency News Continued - page 466

Currency News UK brings you the exchange rate forecasts for the Euro (currency:EUR) and the Japanese Yen (currency:JPY). Official data published by the Commodity Futures Trading Commission (CFTC) on Friday revealed that institutional investors have increased their bets that the US Dollar (currency:USD) will strengthen – they now stand at their highest level in some six years. US Dollar Forecast: Federal Reserve...

Our latest Euro (currency:EUR) exchange rate analysis in relation to the Pound (currency:GBP). At the start of the week, the Euro was holding onto the gains achieved in the preceding week against the Pound and US Dollar. As the session progressed, however the single currency softened as European Bank President Mario Draghi said that the bank could introduce new easing measures, which could include the purchasing of buying...

Currency News UK presents our weekly report on the US Dollar (currency:USD) and the Pound Sterling (currency:GBP). At the start of the week, the US Dollar exchange rate slipped back from a seven year high against the Japanese Yen after data showed that the Asian nation slipped back into recession, spurring demand for the safe haven Yen. The USD regained some lost ground after industrial production data came in positively...

The Australian Dollar to New Zealand Dollar exchange rate (AUD/NZD) has advanced despite favourable Credit Card Spending figures from New Zealand. On the month, spending increased by 1.3% in October after September’s 0.2% growth. On an annual basis the figure edged higher to 6.7% from 4.5%. The New Zealand Dollar did reclaim some ground against other majors however as its recent weakness made it attractive to investors....

Support for the euro (currency:EUR) has slumped during this morning’s trading session, sending the euro Dollar exchange rate down to as low as 1.2413 EUR USD, while the Pound euro exchange rate has tracked higher to 1.2610 GBP EUR. Here are the latest currency conversions today: The Pound to Euro exchange rate today is converting +0.85 per cent higher at 1.26168 GBP/EUR. The US Dollar to Euro exchange rate (USD/EUR) is...

Currency News UK presents the latest exchange rate predictions for the Pound Sterling (currency:GBP) and our forex forecast for the US Dollar (currency:USD) and the Swiss Franc (currency:CHF). The POUND STERLING (currency:GBP) improved against the other major global currencies during early trading yesterday thanks to a better than anticipated set of domestic Retail Sales figures for last month. The fact that the official...

The Euro (currency:EUR) softened against the US Dollar (currency:USD) exchange rate as more weak economic data out of the Eurozone weighed upon sentiment towards the single currency. Mixed data out of the USA, the world’s largest economy, meanwhile aided support for the USD. Concerns over the health of the Eurozone economy once again came to the fore as economic data showed that the 18-member currency blocs services...

The British Pound to Japanese Yen (GBP/JPY) exchange rate climbed higher after UK Retail Sales figures showed growth in at least one aspect of the economy. Unfavourable data has weighed heavily on the Pound exchange rate in recent months, causing hopes for interest rate hikes taking place in the near future to diminish. Head of Retail Ian Geddes commented: ‘A stronger than expected month, albeit driven by discounting,...

The results of the latest global GlobalDairyTrade auction, releasedthis week, ensured that support for the New Zealand Dollar (currency:NZD) slumped during yesterday’s session. A quick look at today's forex rates: The NZ Dollar to Aus Dollar exchange rate converts +0.54 per cent higher at 1 NZD is 0.91259 AUD. The New Zealand Dollar to Euro conversion rate is -0.63 pct lower at 0.62679 NZD/EUR. The NZ Dollar to Pound...

Currency News UK brings you the latest GBP/INR foreign exchange rate outlook and forecast for the pound sterling (currency:GBP) and rupee (currency:INR) along with conversions for today. The Pound Sterling to Rupee exchange rate strengthened by over 0.60% as speculation increased that the supply on US Dollar inflows into India will fall following the release of data, which showed that exports declined for the first time in...