Latest Currency News Continued - page 474

Currency News UK: Read the latest foreign currency exchange rate forecasts & predictions for the Pound Sterling vs the euro (currency:EUR), US Dollar (currency:USD) and NZ Dollar (currency:NZD) below. The POUND STERLING (currency:GBP) enjoyed a much-needed fillip during early trading yesterday when the latest Confederation of British Industry Reported Sales survey printed at a higher than expected level. The result adds to...

The British Pound to Australian Dollar (GBP/AUD) exchange rate trended in a narrow range as the week started in a quiet data-day. The UK saw the release of CBI Reported Sales, which remained at 31 in October and bypassed economists’ forecasts to fall to 25. Meanwhile, Australia is only releasing its Weekly ANZ Roy Morgan Consumer Confidence Index on Monday, which reached 111.6 in the previous report. However, the GBP to...

The Pound to euro exchange rate (GBP/EUR) edged higher during this Monday’s session following the publication of another bad news story in Germany. The latest edition of the closely-monitored IFO business sentiment survey showed a drop-off from the previous month’s reading, as per analysts’ expectations. However, the dip was more pronounced than had been anticipated, adding to the single currency’s woes. Latest...

The Pound to euro exchange rate is forecast to advance today, but will it hit 1.3000 for GBP EUR buyers? Yesterday’s announcement from the European Banking Authority that twenty four of the eurozone’s retail banks had failed the latest regional banking stress test is unlikely to help the euro (EUR) very much as this week’s session gets under way. The Pound to Euro exchange rate today is converting -0.01 per cent lower...

At the start of the week, the US Dollar (USD) exchange rate was trading higher against the British Pound (GBP) and other major peers after it continued to find support from last Friday’s US Consumer sentiment data, which had showed that sentiment soared to its highest level since July 2007. A separate report also showed that housing starts increased more than expected in September. The USD also found support from an...

Currency News UK - The Australian Dollar to New Zealand Dollar (AUD/NZD) exchange rate trended lower as last week came to a close. We bring you the latest AUD and NZD currency outlook, forecasts and conversions today> However, the Aus Dollar steadily climbed higher against the NZ Dollar after both commodity currencies were bruised by New Zealand’s surprisingly low Consumer Price Index (CPI) figures on Wednesday. The...

At the start of last week, the Euro (EUR) exchange rate weakened against several major including the Pound Sterling (GBP) peers due to the publication of more disappointing data out of Germany. On an annual basis, German Producer Price Inflation (PPI) declined by 1% in September, down from the 0.8% fall recorded in August. The data added to concerns over weak inflation across the Eurozone. The latest forex conversion...

Currency News presents our current FX predictions and forecasts for the GBP, EUR, USD and AUD exchange rates The POUND STERLING (currency:GBP) enjoyed a relief rally Friday morning following the publication of domestic Q3 Gross Domestic Product data. A quick look at today's forex rates: The Pound to Australian Dollar exchange rate is -0.07 pct lower with a conversion rate of 1 GBP equals 1.82624 AUD. The Pound to...

Currency News UK brings you the longer term exchange rate forecast for the British Pound to New Zealand Dollar conversion. The big loser in the global currency markets yesterday was not the Pound Sterling (GBP) or the euro (EUR) but instead the NZ Dollar (NZD). The Kiwi has endured a rollercoaster six weeks of it, with the GBP NZD exchange rate breaching the 2.1000 threshold following the revelation from the Reserve Bank of...

The British Pound to Yen (GBP/JPY) exchange rate advanced on Thursday. However, gains may be short lived as the UK released downbeat data. UK Retail Sales Including Autos fell by more than economists had forecast in September, sliding on the year to 2.7% from 3.7% instead of dipping to 2.9%. The lower statistic demonstrates another area of the UK economy that’s slowing - a factor that offers Bank of England (BoE) doves...