Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 488

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

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

Foreign Exchange Rates - GBP EUR Rate Drops Ahead of BoE Minutes, USD Weakens

20 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1346. The Pound Dollar exchange rate (GBP USD) is 1.6379. Japanese trade data for March, which was released during last night’s Asian session, came out significantly worse than analysts had anticipated. The figures showed that Japan’s trade balance stands at JPY196.50bn versus expectations of JPY645.40bn. The numbers also showed that Japanese exports are contracting by an...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

Exchange Rate Outlook Forecast for Majors : GBP EUR USD AUD NZD CAD

19 Apr 2011 at 4 PM - Written by John Cameron

POUND STERLING Sterling was left to range trade during today’s session in the absence of any significant data releases. It gained some ground against the high-yielders due to a dip in risk sentiment, but for the most part, institutional investors sat on their hands ahead of the BoE April MPC Minutes tomorrow morning. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6316 The...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Rates - GBP USD Down as Risk Sentiment Ebbs on Concerns Over US Deficit

19 Apr 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1420. The Pound Dollar exchange rate (GBP USD) is 1.6299. Global equities markets have plummeted in the last 24 hours, with the FTSE 100 closing yesterday’s session down by 2.10%, whilst the S&P500 lost 1.10% on the day. Asian equities markets followed suit during last night’s session. The dip in global risk sentiment was caused by the release of an extremely negative...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

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

18 Apr 2011 at 5 PM - Written by John Cameron

POUND STERLING The Rightmove House Price Survey for May, which was released late last night, provided some respite for the Pound. The survey showed that UK property prices rose by a monthly amount of almost 2%. There was no other UK tier one data released today, so Sterling’s pronounced move forward against the other majors was caused by problems elsewhere. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts