Latest Currency News Continued - page 480

Our foreign exchange rate expert gives you his take on why you should trade the GBP EUR, i.e. buy euros and sell pound sterling today: If you're looking to buy property in France or Spain and require a Pound to euro money transfer, then here's three reasons why our resident forex tradig expert thinks now is the right time. A quick look at where the Pound and the Euro place today: - The pound to euro exchange rate is -0.06...

Currency News UK brings you the latest Pound to Euro and Australian Dollar exchange rate news today and latest forecasts / predictions for the GBP EUR and AUD. The apparent spread of the deadly Ebola virus and figures pointing to a slump in German industrial output have informed price action in the global currency markets today. Last night’s news that a Spanish nurse had been the first individual to contract Ebola outside...

Currency news UK presents the exchange rate forecasts for the British Pound to Aus Dollar, the NZ Dollar and S.A. Rand conversion rates today. Analysts predict that the Commodity Dollars (AUD NZD ZAR CAD) could be in for a rough ride in the global markets as we head towards the end of the year following the publication of a report from the World Bank yesterday. For many years now China has been considered to be the...

The latest Canadian Dollar analysis and CAD exchange rate news in relation to the Pound, Euro and US Dollar. The Pound Sterling (GBP) was softer against several major peers including the Canadian Dollar (CAD) on Monday as it remained under pressure from last week’s data releases, which showed that the UK economy is showing signs of slowing. Both Manufacturing and Services Purchasing Managers Index reports showed a...

Currency News UK brings you today's pound sterling, euro, aus dollar and new zealand dollar exchange rate predictions, forecasts and conversion rates. An improvement in global risk sentiment during today’s trading session has caused analysts to alter their forecast for the Pound Sterling (currency:GBP) against several of the world’s other leading including the euro (currency:EUR), US Dollar (currency:USD) and the New...

The Pound to Australian Dollar exchange rate (GBP/AUD) trended lower on Monday as Sterling weakness continues. The belief that the UK economic recovery is slowing has caused investor sentiment in Sterling to wane. Australia released ANZ Job Advertisements figures on Monday which showed a rise for the fourth consecutive month in September of 0.9%. The data shows improvement in the Australian labour market with an average...

On 25th September, our Fantasy Currency Trader column advised that the Pound to euro exchange rate (GBP EUR) was a BUY and suggested that readers should use a block of GBP 10,000 to purchase euros from a then-current conversion rate of 1.2783. If you had followed his recommendation, how would it have worked out? The Pound euro exchange rate ended last week’s session at 1.2763 GBP/EUR, having touched a 26-month peak of...

The Pound to Euro (GBP EUR) exchange rate was trending lower last Friday after the release of worse than forecast UK Purchasing Managers Indexes (PMI). Dovishness from the Bank of England (BoE) has also contributed to pressuring Sterling lower as officials vocalised their conflicting views in recent weeks. In addition, Eurozone Retail Sales figures have jumped higher than economists had predicted in August, which may offer...

Forex Rates Today: The Euro exchange rate (Currency:EUR) began last week weaker against the Pound Sterling (GBP) and American Dollar (USD) as investors waited for Eurozone inflation data and the outcome of the European Central Banks latest policy meeting. Data published on Monday put further pressure upon the Euro after it showed that confidence and sentiment in the 18-member Eurozone fell more than forecast in September as...

The British Pound to Euro exchange rate (GBP EUR) saw steady losses last Friday as growth in the UK services sector slowed in September 2014. Although economists’ had expected a slight cooling, the actual figure showed a much larger drop than forecast. The Markit UK Services Purchasing Managers Index (PMI) edged down to 58.7 in September from August’s 60.5. Furthermore, Composite PMI also crept lower to 57.4 from...