Latest Currency News Continued - page 479

The Euro vs Dollar exchange rate trended lower on Thursday after US Jobless Claims data was favourably received. Furthermore, the Eurozone saw more bad news on Thursday after German data failed to meet economists’ expectations. The German Trade Balance showed the surplus dipped to 10.3B Euros in August, from 20.1B in July. Flailing Eurozone Recovery causes Euro Softening The Eurozone recovery has flat-lined of late...

The Japanese Yen exchange rate (JPY) advanced to a 3-week best level against the US Dollar (USD) on Thursday after investors reduced their bets that the Federal Reserve will raise interest rates sooner than initially expected. The Yen advanced as the FOMC minutes weakened the ‘Greenback’ by being far more dovish than forecast. The dovish minute brought the US Dollars 12-week long run of gains to an abrupt halt as they...

Currency News UK brings you the latest on the Pound to Canadian Dollar with exchange rate analysis, the GBP CAD forecasts and predictions today: Increasing global growth fears and panic over the spread of the Ebola virus dragged world share markets sharply lower during yesterday’s session. London’s FTSE 100 index had traded into positive territory during the early part of the day, but finished on a duff note to close down...

The Euro exchange rate recorded gains against the Pound (EUR/GBP) on Friday morning as Sterling weakness continued. The Pound slipped after European Central Bank (ECB) President Mario Draghi stated that he would do his utmost to tackle the threat of deflation in the Eurozone. Draghi spoke at the International Monetary Fund (IMF) conference and asserted that the ECB would use other stimulus measures to kick-start the...

Read our leading analyst’s forecast for the future trading performance of the Pound Sterling (currency:GBP) versus the US Dollar (currency:USD) and the euro (currency:EUR) below. Pound Sterling Rate: GBP Puts In Even Performance The POUND STERLING (currency:GBP) has traded within a tight range against nearly all of the other sixteen most-actively traded global currencies on the day today. The Bank of England surprised...

Fed Minutes Stall US Dollar To Pound Exchange Rate (USD GBP) Rally It’s amazing the difference two little words can make; the Pound Sterling US Dollar exchange rate GBP USD was threatening to drop back down through the psychologically key 1.6000 threshold during the middle part of yesterday’s European equities session. However, by the final stretch of the North American trading day, the pair had climbed to as high as...

The Pound to New Zealand Dollar (NZ) exchange rate (GBP NZD) managed to move higher on Wednesday as the market turned its attention to the release of the minutes for the latest US Federal Reserve policy meeting. Early in the session the NZ Dollar had been trading higher as reduced market, sentiment had weighed upon most major currencies and allowed the Trans Tasman currency to push higher. Traders had also been sitting back...

The Pound to Rand exchange rate (GBP/ZAR) continued to weaken today as the latter currency recoups some of Tuesday’s losses. The Rand slipped yesterday on the news that South African Foreign Reserves had tumbled to $49.13 billion from $49.76 billion. As economists had forecast a smaller dip to $49.47 billion, the actual figure saw the Rand slide. The Pound Sterling to Rand exchange rate is -0.17 pct lower today at 1 GBP...

The British Pound to Rand exchange rate - GBP ZAR - traded within a narrow range on Tuesday, with Sterling eking out a modest advance. South African President Jacob Zuma announced this week that Lesatja Kganyago will be appointed as Governor of the South African Reserve Bank (SARB) when Gill Marcus steps down in November. Marcus has been hailed as having a highly positive influence on the South African economy and...

The British Pound to Swiss Franc exchange rate (GBP/CHF) pushed higher this week after the Alpine currency was weighed upon by the release of weaker than forecast inflation data. Currency News UK brings you our latest Pound to Swiss Franc exchange rate news, comment and forecast for the GBP to CHF. Before we do though, here's the latest forex conversion rates: The Swiss Franc to Australian Dollar exchange rate is trading...