Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 493

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 Report : GBP USD Rate Drops to 5-Month Low as Greek Debt Fears Escalate

27 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1260. The Pound Dollar exchange rate (GBP USD) is 1.6314. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5399. As a new week commences in the currency markets, one story continues to dominate - Greece’s ongoing sovereign debt woes. In an interview published yesterday, Greece's deputy Prime Minister, Theodor Pangalos, added further fuel to the fire, when he cast doubt...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

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

24 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Pound has done little more than hold its own against the other majors today as market participants focussed on events elsewhere. With no data released in the UK today, a positive move for the FTSE 100 equities index was cancelled out by expectations that a Bank of England interest rate rise is many months away yet. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange rate...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Report : GBP USD and EUR CHF Rates Plummet as Global Risk Appetite Ebbs

24 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1228. The Pound Dollar exchange rate (GBP USD) is 1.6014. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5197. The Euro came under heavy and sustained selling pressure yesterday, as investors reacted to comments made by Fed Chairman Ben Bernanke on Wednesday night that a failure to resolve Greece’s debt situation, ‘would pose threats to the European financial systems,...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

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

23 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Sterling has endured a mixed day on the markets, clawing back some of yesterday’s lost ground against the Euro, but GBP USD has slipped to its lowest level since the end of March. This morning’s CBI Reported Sales figure for June disappointed, showing a slight contraction. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.5952 The Greenback has...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Report : Downbeat Bernanke Commentary Sends GBP USD Rate to a Twelve-Week Low

23 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1215. The Pound Dollar exchange rate (GBP USD) is 1.6047. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5201. Chairman of the US Federal Reserve, Ben Bernanke, used his press conference last night to issue a pessimistic view of the state of America‘s economy. Bernanke downgraded the Fed’s 2011 growth forecast for the US economy to 2.7-2.9%. The previous estimate had...

CATEGORIES: American Dollar Forecasts Daily Currency Updates

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

22 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING The Pound has come under severe selling pressure following the release of the minutes of June’s Bank of England Monetary Policy Committee meeting earlier today. The minutes showed that only two of the nine man committee had voted for an interest rate hike, following the departure of long-time hawk Andrew Sentance. The minutes went on to suggest that an increase to the Bank’s Quantitative Easing programme was...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Insight : Greek Vote of Confidence Spares the Euro For Now, But EUR GBP and EUR USD Rates Slip

22 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1285. The Pound Dollar exchange rate (GBP USD) is 1.6215. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5325. In a major development last night, Greece’s ruling Panhellenic Socialist Movement narrowly survived a vote of confidence, by 155 votes to 143, in Greece’s parliament. This means that Greek Prime Minister George Papandreou should now have the mandate to pass the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

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

21 Jun 2011 at 4 PM - Written by John Cameron

POUND STERLING The Pound has suffered limited losses against virtually all of the other majors during today’s session. With this morning’s Public Sector Borrowing figures for May providing few surprises, most investors are taking a ‘wait-and-see’ approach ahead of tomorrow’s release of June’s BoE Minutes. If more than two MPC members voted for a rate hike, Sterling could gain. NEAR-TERM OUTLOOK – NEUTRAL....

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Insight : Gloomy Reserve Bank of Australia Minutes Send GBP CHF and GBP USD Rates Lower

21 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1304. The Pound Dollar exchange rate (GBP USD) is 1.6215. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5345. The Reserve Bank of Australia’s minutes of this month’s Monetary Policy meeting, released during last night’s Asian session, painted a gloomy picture of the state of the global economy. The RBA minutes described risks to global economic recovery as ‘more...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Forex Forecast : Rate Predictions For GBP, USD, EUR, AUD, NZD, TRY

20 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Rightmove House Price survey for June, released overnight, showed that the monthly increase in UK house prices slowed last month. However, this disappointing housing data has not caused any significant downward pressure on Sterling, as investors sit on their hands ahead of Wednesday’s Bank of England minutes. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts