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Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 494

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 Drops Following Weak Japanese Trade Figures, While GBP NZD Rate Gains

20 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1332. The Pound Dollar exchange rate (GBP USD) is 1.6118. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5290. The US Dollar has started this week’s session on the front foot, with the GBP USD rate dropping by almost half a percentage point during the Asian session. The move in favour of the Greenback was caused by the overnight release of a weak Japanese Merchandise...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

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

17 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING With no data of note released today in the UK, yesterday’s poor UK Retail Sales figure for May continued to weigh heavily on investor’s minds. This has caused the Pound to lose ground against nearly all of the 16 most-actively traded currencies. The exception being the reserve currencies. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6169 The...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Insight : Dollar Surges as Global Risk Appetite Ebbs Away on Greece's Debt Woes

17 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1387. The Pound Dollar exchange rate (GBP USD) is 1.6113. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5314. The US Dollar made further gains on the currency market yesterday, as global investors’ appetite for risk continued to ebb away. All of the world’s leading stock exchanges registered losses on the day, in response to continuing uncertainty regarding...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Forex Forecast : Rate Predictions For GBP, USD, EUR, AUD, CHF, AED

16 Jun 2011 at 1 PM - Written by John Cameron

POUND STERLING This morning’s UK Retail Sales figures for May severely disappointed the market. The figure showed a monthly contraction of 1.4% last month, cancelling out April’s better-than-anticipated shop sales numbers. With no further UK data of note due for release this week, these numbers will feature heavily in the minds of investors until next week’s session gets underway. NEAR-TERM OUTLOOK – NEUTRAL TO...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Report : GBP EUR Rate Trades Up Again as the Currency Market is Gripped by Fears Over Greece?s Debt Crisis

16 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1422. The Pound Dollar exchange rate (GBP USD) is 1.6199. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5349. The ongoing sovereign debt crisis in Greece once again took centre stage in the currency markets yesterday, causing the Euro to come under renewed selling pressure. The market reacted particularly badly to reports of the contents of a leaked memo written by an...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

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

15 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING UK job market data released this morning sent out mixed messages about the state of the real economy in the UK. On the one hand, the figures showed that UK Unemployment dropped by its largest quarterly amount since 2000. However, the numbers also showed a much larger than anticipated monthly increase in the number of people claiming unemployment benefit in the UK in May. Sterling has lost ground against most of...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Report : Euro Remains Under Pressure, While GBP AUD Rate Falls Away

15 Jun 2011 at 6 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1351. The Pound Dollar exchange rate (GBP USD) is 1.6368. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5288. Chairman of the Federal Reserve, Ben Bernanke, issued a stark warning to US policy-makers when he spoke last night. Bernanke echoed a report issued last week by leading rating’s agency Moody’s when he stated that the US is in danger of losing its AAA credit...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

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

14 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s CPI inflation figure for May showed that annualised inflation in the UK remains at the same level as it was in April. Analysts had expected this, but the Pound still edged forward against most of the majors on the day. However, the persistent rise in UK prices is unlikely to cause the Bank of England to shift monetary policy to a tightening bias until at least the end of the year. NEAR-TERM...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Insight : GBP EUR Rate Closes Higher For Fourth Consecutive Session Following Eurozone Discord on Second Greek Bail-Out

14 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1372. The Pound Dollar exchange rate (GBP USD) is 1.6409. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5433. The Euro suffered a day of losses on the currency market yesterday following the emergence of reports suggesting that a stand-off is taking place between ECB President Jean-Claude Trichet and German Finance Minister Wolfgang Schaeuble regarding the terms of a...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts

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

13 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING The Bank of England’s Quarterly Bulletin, released today, stated that British workers broadly expect UK inflation to drop back down to the Government’s target rate of 2% in the long-term. The Bank expects that this will mean that UK workers will not press for higher wages, meaning that inflation will not become entrenched in the British economy. A UK interest rate rise seems to be a long way off, given this...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts