Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 482

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD, CAD

28 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING There was no tier one data of significance released in the UK today, so Sterling pairs were left open to moves in other currencies, with USD weakness seeing GBP USD rally to its highest level since December 2009. UK interest rate expectations remain depressed and yesterday’s growth figure will do little to perk them up. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Currency Outlook : GBP USD Rate Soars as US GDP Forecast is Downgraded and UK Economy Returns to Growth

28 Apr 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6724. The Pound Euro exchange rate (GBP EUR) is 1.1252. The US Dollar suffered severe selling pressure in late trading yesterday as the markets reacted to the contents of Fed Chairman Ben Bernanke’s landmark press conference. As expected, the FOMC opted to maintain interest rates at their current 0-0.25% range, but the questions and answers session which followed, (the first...

CATEGORIES: American Dollar Forecasts Daily Currency Updates

Currency Exchange Rates : Forex Predictions - GBP, USD, EUR, AUD, NZD, CAD

27 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound released a timely boost when this morning’s Q1 GDP figure showed that the UK economy has expanded by 0.5% in the first three months of 2010. The futures market is now pricing in 50 bps of UK rate rises over the next 12 months, which remains less than almost any other developed nation. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6521 The Dollar...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Rates : UK Growth Figure and Bernanke?s Comments Set to Determine GBP USD and GBP EUR Levels

27 Apr 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1236. The Pound Dollar exchange rate (GBP USD) is 1.6510. Today’s session sees a packed schedule of risk events in the currency markets. Perhaps the most significant event comes after the European close this afternoon when the Federal Reserve’s FOMC makes its monetary policy announcement. It would be a major surprise if the Fed altered interest rates from their current...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD, CAD

26 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING Sterling’s slide continued during today’s session following a worse-than-anticipated CBI Business Optimism survey, which was released this morning. Tomorrow’s Q1 GDP Growth figure will be very closely watched with a quarterly growth figure of above 0.5% required to reverse the Pound’s recent bear-run. NEAR-TERM OUTLOOK – NEGATIVE. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6474...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Outlook : GBP USD and EUR USD Rates Drop on Positive US Housing Data

26 Apr 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1319. The Pound Dollar exchange rate (GBP USD) is 1.6457. Although trading volumes were significantly reduced, the currency markets were open for business as usual both on Friday and yesterday and there was price movement for the major currency pairs during both of these sessions . Perhaps the most significant theme in the markets since most European and North American investors...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD, CAD

21 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound enjoyed a rare day of gains almost across the board today, following better than expected Retail Sales figures for March. This morning’s Public sector borrowing figures came in lower than expectations, providing further assistance for Sterling. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6569 The Dollar has been friendless in the markets in the...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

CURRENCY NEWS-FLASH : GBP EUR and GBP USD Rates Gain on UK Retail Sales Figures

21 Apr 2011 at 10 AM - Written by John Cameron

The Pound Euro exchange rate (GBP/EUR) is 1.1314. The Pound Dollar exchange rate (GBP/USD) is 1.6559. The Pound gained some much-needed support in early trading today as UK Retail Sales figures for March showed an unexpected gain of 0.2%. Analysts had expected the numbers to show that UK shop sales shrank by 0.4% last month, following February’s sharp contraction of 0.9%. The numbers provide a sharp contrast with the...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Dollar Forecasts Pound Euro Forecasts

Foreign Exchange Currency Outlook : Pound Dollar GBP USD Rate and Euro Dollar EUR USD Rate Rise to 16 Month Highs on US Oil Inventory Figure

21 Apr 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1277. The Pound Dollar exchange rate (GBP USD) is 1.6433. The global economic recovery was given a fillip yesterday when US data, released at the start of the North American session, showed that American crude oil inventories have been depleted by a significant amount during the past month, suggesting that the US manufacturing base is moving forward well. Oil analysts had expected the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Foreign Exchange Rates : Currency Predictions - GBP, USD, EUR, AUD, NZD, CAD

20 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Pound has lost significant ground against all of the majors today, with the exception of the US Dollar, during today’s session following the release of the Bank of England MPC Minutes for its April meeting. The Minutes were of a dovish tone, stating that UK economic data over the last month ‘has probably been to the downside’. A UK rate hike now looks a long way off. NEAR-TERM OUTLOOK - NEGATIVE....

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts