Latest Currency News Continued - page 482

The Pound to New Zealand Dollar exchange rate (GBP NZD) was able to hold onto its two year high on Wednesday despite the release of disappointing UK manufacturing PMI data. The most recent forex market conversions look this way (revised 03/10/2014): The Aus Dollar to New Zealand Dollar exchange rate is trading up +0.09% at 1.11542 AUD/NZD. The US Dollar to New Zealand Dollar conversion rate is trading up +0.45% at 1.27307...

The Pound to Rupee exchange rate (GBP/INR) has been weakening on Wednesday after both the UK and Indian Manufacturing Purchasing Managers Indexes (PMI) fell short of economists’ predictions. The Pound has tumbled against other majors on the release of figures demonstrating a cooling in the manufacturing sector while the emerging-market Rupee has remained relatively stable in its exchange rate. However, the Indian...

The session in the currency exchange rate markets brought pronounced price action for the Pound Sterling against several of the other major global currencies, causing analysts to alter their forecast for the UK unit against the euro (currency:EUR), US Dollar (currency:USD) and the Canadian Dollar (currency:CAD). A quick look at the updated forex rates today: The Pound Sterling to Australian Dollar exchange rate is trading...

The British Pound to swiss Franc exchange rate (GBP CHF) advanced to its best level in 2-years on Tuesday after data out of the UK showed that the nation’s economy expanded at a faster rate than previously thought in the second quarter of the year. The Swiss Franc meanwhile weakened after the latest KOF leading economic indicator report fell more than expected in September. The currency also fell alongside the declining Euro...

On 22nd September, our Fantasy Currency Trader feature saw our leading analyst forecast positive movement for the Pound Sterling to Japanese Yen exchange rate (GBP/JPY) from the level of 178.260 which it was then trading at. So how did we get on...? The recommendation to BUY the Pound Yen exchange rate at 178.260 GBP JPY with a block of GBP10,000 is yet to pay dividends. If you had followed our expert’s advice, your GBP10,000...

The Pound to Rand exchange rate (GBP/ZAR) trended higher on Tuesday following the release of upbeat UK growth data and downbeat South African Trade Balance. UK Gross Domestic Product (GDP) figures were revised higher on Tuesday by the Office of National Statistics (ONS) so the second quarter figure now stands at 0.9% growth rather than 0.8%. Meanwhile the South African Balance of Trade has over doubled expectations of a...

Currency News UK: Read the latest currency outlook and exchange rate forecast for the British Sterling (GBP) and the Pound to euro conversion (GBP EUR) below. Yesterday’s trading session brought a slew of Pound Sterling negative developments and data releases which are likely to determine price action for the UK tender into the medium term. A quick look at today's Pound and Euro conversions: - The pound to euro exchange...

Monday's Pound to Australian Dollar exchange rate (GBP/AUD) positive gains (after the ‘Aussie’ softened over the weekend.) fell away today as the Aus currency recovered against the main curencies. Yesterday, the Australian Dollar fell against the Pound Sterling, Euro, US and NZ Dollars following statements from the Reserve Bank of New Zealand (RBNZ), which announced that the central bank sold masses of the New Zealand...

The Pound Sterling (currency:GBP) suffered a double blow against the Euro, US Dollar (USD) and Australian Dollar (AUD) yesterday morning, leading analysts to forecast that the UK unit’s bull run may be about to end. Meanwhile, predictions for the Japanese Yen (currency:JPY) and euro (currency:EUR) remain grim. Where are the Pound, Euro and Yen Today? The Pound Sterling to Australian Dollar exchange rate is trading up...

The Pound to Canadian Dollar exchange rate (GBP/CAD) was little changed as the week started as UK data prevented Sterling from making gains. Against the US Dollar, however the Canadian Dollar fell to its lowest level in six months as the ‘Greenback’ strengthened on expectations that the Federal Reserve will raise interest rates sooner than initially expected. Sterling came under some pressure early in the session after a...