Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 497

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 AUD Rate Up Following Weak Australian Jobs Data, GBP NZD Rate Drops

9 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1227. The Pound Dollar exchange rate (GBP USD) is 1.6410. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5507. The Australian Dollar has been the major mover in the currency markets overnight following the release of a disappointing set of Australian labour market figures. Investors shifted their funds out of the Aussie in their droves following the release of May’s...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates

Foreign Exchange Report : GBP AUD, GBP NZD and GBP ZAR Rates Trade Higher Following Bernanke's Comments

8 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1198. The Pound Dollar exchange rate (GBP USD) is 1.6412. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5403. Ben Bernanake, Chairman of the US Federal Reserve, spoke at a banking conference in Atlanta last night regarding the state of the US economy and the Fed’s response to the US’s current economic malaise. Bernanke’s comments failed to set investors’ minds at...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

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

7 Jun 2011 at 2 PM - Written by John Cameron

POUND STERLING Sterling has struggled for direction in the currency markets today. With no data releases of note penned in for the next 36 hours, all eyes remain on the BoE interest rate decision on Thursday. Any tightening of the UK’s monetary policy would be a monumental surprise. NEAR-TERM OUTLOOK – NEUTRAL TO NEGATIVE. US DOLLAR – The Pound Dollar exchange rate (GBP/USD) is 1.6445 The Dollar has weakened on...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Update : GBP EUR Rate Falls Further as Eurozone PPI Figure Stokes Inflation Expactations

7 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1198. The Pound Dollar exchange rate (GBP USD) is 1.6355. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5294. Yesterday saw the Euro’s near-term strengthening continue following higher than expected whole-of-Eurozone Producer Price Index numbers. The PPI Index, which is considered by analysts to be a leading indicator of inflation, showed that factory input prices...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts

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

6 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING Today saw a very light day for UK data releases, with the Lloyds Employment Confidence survey for May being the only figure of note. The survey showed that employees remain on balance negative about their future job prospects, but less so than they were in April. The next key risk even for Sterling comes on Thursday with the Bank of England’s monetary policy announcement. NEAR-TERM OUTLOOK – NEUTRAL TO...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Update : GBP USD Rate Up Following Poor US Non-Farm Payrolls Figure, While GBP CHF Rate Plummets

6 Jun 2011 at 4 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6440. The Pound Euro exchange rate (GBP EUR) is 1.1231. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5306. Friday’s highly disappointing US Non-Farm Payrolls figure for May stole the headlines in the currency markets at the end of last week. Analysts had expected the key labour market number to show that 54,000 new positions had been created in the non-farming related...

CATEGORIES: American Dollar Forecasts Daily Currency Updates

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

3 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING UK PMI Services sector data came out worse than had been anticipated this morning, compounding the downward pressure on the Pound which followed Wednesday’s highly disappointing PMI Manufacturing survey. The poor Service sector data is particularly damaging for Sterling as many analysts had predicted that this would be the sector that would lead the UK out of recession. NEAR-TERM OUTLOOK – NEGATIVE. US...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Update : US Non-Farm Payroll Figure Could Send GBP CHF and GBP USD Lower

3 Jun 2011 at 6 AM - Written by John Cameron

The Pound Dollar exchange rate (GBP USD) is 1.6346. The Pound Euro exchange rate (GBP EUR) is 1.1284. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5308. US Labour Market data releases over the past forty-eight hours have been of a contradictory nature, with Wednesday’s ADP Employment Change number showing that only 38,000 new jobs were created in the States last month versus analysts’ expectations of 175,000 new...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

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

2 Jun 2011 at 3 PM - Written by John Cameron

POUND STERLING This morning’s PMI Construction Sector data came out ahead of expectations , however the Pound has once again struggled against the other majors on the day. The PMI Services figure has been market-moving in recent months, due to the UK economy’s perceived reliance on the key services sector, so tomorrow’s figure will be closely watched. NEAR-TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar...

CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts

Foreign Exchange Update : Soft Global Economic Data Releases Send EUR CHF and USD CHF Rates to New Record Lows

2 Jun 2011 at 5 AM - Written by John Cameron

The Pound Euro exchange rate (GBP EUR) is 1.1371. The Pound Dollar exchange rate (GBP USD) is 1.6332. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5381. A series of poor data releases and renewed concerns over the Eurozone sovereign debt crisis saw share markets plummet following Tuesday’s day of gains for equities. The Dow Jones suffered its largest daily loss for ten months on the day yesterday, whilst the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts