Latest Currency News Continued - page 496

Currency News UK presents the Pound Sterling, US Dollar, Euro & Canadian Dollar Foreign Currency Exchange Rate Forecasts (GBP EUR USD CAD) - The POUND STERLING (currency:GBP) recovered a little ground against several of the other sixteen most actively traded global currencies at the end of last week. A slightly better than anticipated showing from this morning’s domestic GDP figures for Q2 helped Sterling on the day; however,...

The Euro to Pound rate (EUR/GBP) traded up at 0.80216 following a major weakening of Sterling in the foreign exchange rate markets this week, after hopes for any imminent interest rate hikes were dashed. However, Friday has seen the publication of highly favourable UK Gross Domestic Product statistics which have indicated a larger than expected growth in the economy. UK GDP Figures Could Help Provide Stability for the UK...

Currency News UK - The Australian Dollar to New Zealand Dollar exchange rate (AUD NZD) is currently trading at 1.09877 today. The Australian Dollar has reached popularity this week, following the Westpac Consumer Confidence figures released this week; whilst the New Zealand Dollar has risen from upbeat Retail Sales statistics. The ‘Aussie’ has steadily risen against the ‘Kiwi’ in the latter week with the exchange rate...

Currency News UK: This week saw the VIX send the Pound Sterling to Dollar, Australian Dollar & New Zealand Dollar exchange rates higher; VIX slumps and the share markets appreciate - Global share markets recorded another day of gains yesterday, with the benchmark S&P 500 index in the United States trading up by almost a third of a percentage point during after-hours trading in London. Meanwhile, Frankfurt’s Dax index climbed...

Curreny News UK - The Euro to Dollar pair has seen an exchange rate market movement of 0.09% so far this session, trading between the confines of 1.3396 and 1.3346 EUR/USD. The US Dollar however has dominated in the currency market, and looks continually forecast to remain bullish in comparison to other weaker majors such as the Euro. Federal Reserve Becomes More Hawkish; Interest Rate Hikes Speculated. - The euro to...

Currency Exchange News UK: Today sees the latest Pound to Euro Foreign Exchange Rate Weaker as Miles Backs up BoE Report - Wednesday’s heavily Sterling-negative Bank of England Quarterly Report was followed up by comments from BoE policy committeeman David Miles today. The MPC member confirmed that the UK Central Bank was likely to maintain its key interest rate at its current all-time low for ‘a bit longer yet’....

Currency News UK - The British Pound to Japanese Yen exchange rate was trending at 170.6800 GBP JPY on Thursday, reaching session highs of 171.2300 and lows of 170.5800. In the latter few days, Sterling has plummeted against all 16 majors in the currency market following a dovish Bank of England (BoE) Inflation Report, and poor UK figures. Japanese Economic Data Falls Short Indicating Severe Contraction Thursday’s...

Currency News UK presents the Pound Sterling, Euro, New Zealand Dollar & US Dollar 2014 / 2015 Exchange Rate Predictions and Future Currency Forecasts for GBP EUR USD NZD - Yesterday’s commentary from the Bank of England added to the impression that the POUND STERLING (currency:GBP) is near-term overbought. The UK central bank’s revelation that it was downgrading its growth and wage forecasts for the domestic economy hurt the...

GBP/INR – The British Pound to Rupee exchange rate saw losses on Thursday as Sterling continued to struggle following yesterday’s disappointing wage growth report. The Indian currency received some support after wholesale price inflation fell to a five-month low. The wholesale price index (WPI) rose 5.19% year-on-year last month, its slowest pace since February, and compared with a 5.10% annual rise forecast by economists....

The Pound Sterling exchange rate complex (currency:GBP) has slumped against the other majors, with forecasts revised lower, thanks to a downbeat assessment of the British economy from the Bank of England. The UK central bank’s latest Quarterly Inflation Report, published earlier, revealed that UK policymakers now expect domestic wage growth to expand by a slim 1.25% during 2014, (versus its previous estimate of 2.50%). Bank...