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Latest Currency News Continued - page 5

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Latest Currency News Headlines

EUR to USD Exchange Rate Rebounds from Weekly Worst despite Mixed EUR Support

1 Jul 2019 at 1 PM - Written by David Woodsmith

Due to some stronger than expected Eurozone data, concerns about this morning’s worse than expected Eurozone factory data lightened and the Euro to US Dollar (EUR/USD) exchange rate was able to rebound from its worst levels in over a week. The US Dollar remained stronger overall though, as investors digested the weekend’s US-China trade developments. Weakness in both Eurozone data and US data throughout last week caused...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies as G20 Summit Remains in Focus

28 Jun 2019 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Flat, US Dollar Falls on US-China Trade Deal The Pound US Dollar (GBP/USD) exchange rate held steady this morning and is currently trading around $1.268 on the interbank market. The US Dollar (USD) stabilised against the Pound (GBP) as traders brace for the G20 summit today in Japan, in which President Donald Trump will meet with this Chinese counterpart, Xi Jinping to discuss trade between the two...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Flat as UK GDP Reveals Weakening of UK Economy

28 Jun 2019 at 10 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Muted as Q1 UK GDP Rises The Pound Sterling Australian Dollar (GBP/AUD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of AU$1.8084. On Friday, data revealed that UK GDP grew at a rate of 0.5% in the first three months of 2019. Year-on-year, the Office for National Statistics (ONS) showed the UK economy grew by 1.8%, the fastest rate...

CATEGORIES: Pound Australian Dollar Forecasts

EUR to USD Exchange Rate Avoids Major Losses despite US Dollar’s Pre-G20 Rebound

27 Jun 2019 at 4 PM - Written by Minesh Chaudhari

While some investors have been buying the US Dollar back from its lows this week, supported by US-China trade hopes and speculation that the Federal Reserve may become less dovish than previously thought, the Euro to US Dollar (EUR/USD) exchange rate has avoided significant losses. This has been due to overall US Dollar weakness, as well as some fresh signs of resilience in Eurozone inflation figures. Since opening this week at...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted Ahead of Trump-Xi Meeting

27 Jun 2019 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as Washington and Beijing Make Tentative Trade Truce The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate rose and the pairing is currently trading at an inter-bank rate of CA$1.6681. On Thursday, China’s Commerce Ministry spokesman has said that the United States should immediately cancel sanctions on Chinese telecoms giant, Huawei. Spokesman, Gao Feng stated...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat as ‘Kiwi’ Benefits from Return of Risk Appetite

27 Jun 2019 at 12 PM - Written by John Cameron

GBP/NZD Exchange Rate Steadies as Hopes Rise on US-China Trade Deal The Pound New Zealand Dollar (GBP/NZD) steadied today and is currently trading around NZ$1.900 on the interbank market. The New Zealand Dollar (NZD) held steady against the Pound (GBP) as NZ markets have been bolstered with a return of risk-appetite ahead of tomorrow’s G20 meeting in Japan. US President Donald Trump and Chinese President Xi Jinping are...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slides as No-Deal Fears Damage UK Business Investment

26 Jun 2019 at 5 PM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as Carney sees ‘Notable’ Increase in No-Deal Risk The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped and the pairing is currently trading at an inter-bank rate of R18.0702. On Wednesday, Bank of England (BoE) Governor Mark Carney along with other policymakers spoke in Parliament about the bank’s Inflation Report. Carney emphasised that the...

CATEGORIES: Pound Rand Forecasts

GBP to USD Exchange Rate Falls Back from Fortnight Best as Fed Downplays Chances of Aggressive Easing

26 Jun 2019 at 4 PM - Written by Toni Johnson

After hitting its best levels in weeks yesterday, the British Pound to US Dollar (GBP/USD) exchange rate tumbled due to fresh comments from Federal Reserve officials. However, the US Dollar’s appeal was limited as the Fed remained dovish overall, and investors were hesitant to make any big moves on the US currency ahead of upcoming major US ecostats and Friday’s anticipated G20 Summit. US Dollar weakness has been one of the...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as US-China Trade Deal Optimism Rises

26 Jun 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Risk-Appetite Returns US-China Trade Tensions Ease The Pound Australian Dollar (GBP/AUD) exchange rate fell by 0.4% today and is currently trading around AU$1.815 on the interbank market. The Australian Dollar (AUD) rose against the Pound (GBP) as risk-appetite returned following comments from Steven Mnuchin, the US Treasury Secretary, which indicated a possible US-China trade deal. Mr...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

EUR to GBP Exchange Rate Continues to Test Highs despite Weak Eurozone Confidence Stats

25 Jun 2019 at 4 PM - Written by James Fuller

Despite persistent signs of weakness in Eurozone economic activity since last week’s dovish shift from European Central Bank (ECB) President Mario Draghi, the Euro to British Pound (EUR/GBP) exchange rate has been able to avoid major losses this week so far. The Euro is benefitting from weakness in rivals as well as the dovish shift from the Federal Reserve. EUR/GBP spent most of last week fluctuating within a relatively...

CATEGORIES: Euro Pound Forecasts