Latest Currency News Continued - page 491

The Pound to Australian Dollar (GBP/AUD) exchange rate made moves higher as the trading week started, in suit with its rise over last week. Monday saw the Australian Performance of Manufacturing Index dip from July’s 50.7, to only 47.3 in August, whilst UK Manufacturing figures dropped unfavourably to its lowest point in 14 months. The GBP/AUD exchange rate levels slowly climbed upwards, however with significant events...

Our latest 2014 / 2015 exchange rate forecast for the Pound Sterling (GBP), Euro (EUR), US Dollar (USD) and New Zealand Dollar (NZD) FX rates. It was a good news / bad news morning for the POUND STERLING (currency:GBP). On the credit side, (literally), the latest official figures from the bank of England revealed that consumer borrowing had jumped by over £1bn during July. Previous economic upturns have been fuelled by large...

Currency News UK brings you the Pound to Euro exchange rate predictions and outlook - Currency analysts forecast the GBP/EUR pair to be major forex mover in September 2014's foreign exchange markets. September gets under way with a slew of key themes promising to provoke considerable price action for the world’s leading currency pairs. Analysts forecast that the major mover on the weekly session may be the Pound to euro...

Today's exchange rate forecasts predict this week could see the pound to euro rate push past the best FX levels seen for two years as GBP Sterling is set to rally across the foreign exchange markets. Sterling managed to reach 1.26391 GBP/EUR as the week's trading concluded. Before we look at what is effecting the common currency, let's see where it stands in today's markets (1st September 2014): - The euro to australian...

Currency News UK - Our analyst’s exchange rate forecast for Pound Sterling (GBP), Euro (EUR), Dollar (USD) and Canadian Dollar (CAD) exchange rates in the short to medium term outlook. The POUND STERLING (currency:GBP) has held its ground against most of the other sixteen most actively-traded global currencies so far today following this morning’s domestic property market numbers. The Nationwide House Price Survey showed a...

The Australian Dollar to NZ Dollar exchange rate (AUD/NZD) has put in a strong performance recently, trading as a favourite amongst many forex investors, despite the Reserve Bank of Australia claiming that the currency is overvalued. The Australian Dollar (AUD) has been able to reach high levels of trade versus other majors such as the Euro (EUR), Yen (JPY) and Pound (GBP) this week, following some favourable figures. The New...

Currency News UK: The Dollar to Pound exchange rate (USD/GBP) traded sideways last week, however the Sterling gained slightly against the strong US currency during the course of the week despite a lack of domestic UK economic data. Looking to the week ahead however, there is a wealth of data publications due, which should enable an interesting week for the GBP/USD pairing. So where does the US unit fit in today's...

The Euro (EUR) fell against the Pound Sterling (GBP) and saw a sharp decline against the US Dollar (USD) on Thursday, as investors seek the American currency as a safe-haven currency amid an escalating situation of prospective conflict in Ukraine. Over 1,000 Russian troops have crossed the border into Ukraine, which has caused a shake in the currency market as investors place their money into safer assets. Ukraine’s foreign...

The Pound to Yen exchange rate (GBP/JPY) trended lower on Thursday; however forecasts showed the Yen was likely to gain in the currency market against other majors as tensions between Russia and Ukraine escalate and investors seek safe haven assets. Japan saw a wealth of domestic data publications on Friday affecting the Yen’s exchange rate; conversely, the Pound felt the effect of Consumer Confidence and the Nationwide...

The Pound Sterling (currency:GBP) failed to gain any ground against either the Australian Dollar (currency:AUD) or New Zealand Dollar (currency:NZD) towards the end of the trading week in spite of a dip in investor sentiment. The GBP AUD and GBP NZD exchange rates are now forecast to incur further losses. A risk-off trading environment has prevailed in the global currency markets today following the revelation from...