Latest Currency News Continued - page 488

The Euro to Pound saw losses last week as the Single Currency trades amid difficult economic circumstances. The EUR GBP exchange rate today stands at 0.79931. (revised 16/09/2014 12:00 GMT) The Euro has been adversely impacted by the poor momentum of the Eurozone’s recovery and the continuing impact of sanctions placed by both the EU and US against Russia. Russia, by way of retaliation, limited trading between themselves and...

The Pound Sterling to Euro currency exchange rate pairing has seen volatility on the exchange rate markets this week. The GBP/EUR trended higher on Friday as the Scottish ‘Yes’ vote for independence slid in the most recent YouGov poll. The Scottish referendum, due to take place on the 18th September, will continue to place downward pressure on Sterling as the prospect of Scotland leaving the UK could cause severe...

Currency News UK bpresents to you our latest British Pound, Euro, Dollar & Canadian Dollar Exchange Rate Forecasts and Currency Predictions for GBP EUR USD CAD: The EURO (currency:EUR) remains vulnerable in the currency markets thanks to the European Central Bank’s continuing loosening of its monetary policy. With the euroland’s reserve bank beginning its own version of Quantitative Easing next month, the future prospects...

The Pound advanced to a 1-month high against the Japanese Yen after a poll released late on Wednesday showed that support for Scotland remaining a part of the United Kingdom increased to 53%, beating the 48% in favour of splitting the UK. The poll countered a You Gov poll released on Sunday, which showed that 51% were in favour. The new poll eased concerns and saw the Pound rally against the majority of its most traded peers....

The latest Euro (EUR) rate today was holding close to a 14-month low against the US Dollar (USD) on Thursday as weaker than forecast jobless claims data weighed on the American currency and as concerns over new sanctions against Russia put pressure on the single currency. Data out of the United States weighed upon the US currency after it showed that the number of Americans filing for unemployment benefits increase...

Analysts forecast that the Pound euro exchange rate GBP/EUR and the Pound Australian Dollar GBP/AUD exchange rate may be about to head higher following the latest poll on Scottish independence. Local data in Australia has not been enough to support the Australian Dollar (currency:AUD). Very strong Australian unemployment data, published overnight, hasn’t stopped the Sterling Australian Dollar exchange rate climbing to as...

Currency News UK presents our foreign currency exchange rate forecasts for the Pound Sterling to Euro (GBP EUR), US Dollar (USD) and Canadian Dollar (CAD) conversion rates. Investors holding POUND STERLING (currency:GBP) assets are likely to remain nervous ahead of the Scottish referendum on independence, which takes place a week today. A continued drift out of GBP-denominated assets is likely in the lead-up to the poll as...

The Pound to New Zealand Dollar exchange rate (GBP NZD) was holding ground as investors eased off from the currency pairing ahead of Thursday’s RBNZ interest rate policy review, economists are widely forecasting that the Central Bank will choose to leave rates unchanged. RBNZ governor Graeme Wheeler is expected to leave interest rates at 3.5% after he signalled a pause in interest rate hikes in July. The reason for leaving...

The British Pound to Indian Rupee (GBP/INR) exchange rate has trended higher over the course of this week, as Sterling continued to make gains against the majors. The Pound conversion rate has clawed back some of the ground it’s lost in recent weeks following poor domestic data and doubt surrounding the Scottish Referendum. Governor of the Bank of England, Mark Carney, stated yesterday that he predicts an interest rate hike...

Exchange rate forecast 2014/ 2015 - The Pound Sterling (currency:GBP) staged a recovery against the other sixteen most actively-traded global currencies, including the Euro, US Dollar and Australian Dollar during the mid-week session. However rumours suggest that the Pound Sterling forecast may be about to fall. Support for Sterling on the day was driven by comments from Bank of England Governor Mark Carney regarding the...