Latest Currency News Continued - page 505

Currency News UK brings you the Pound to Australian Dollar (AUD) and New Zealand Dollar (NZD) Exchange Rate Forecasts - Risk was already off the menu when yesterday’s session got underway as far as institutional investors were concerned, thanks to Wednesday’s announcement of firmer sanctions on Russia by the US and the eurozone. However, global appetite for risk ebbed further as the day progressed thanks to a brace of...

Having been held in check by the release of mixed economic data, the Euro to Dollar (EUR/USD) exchange rate edged higher on Friday to finish the weekly session at 1.35249. Earlier in the week, a report showed that construction across the 18 member Eurozone declined in May, adding to signs that the region’s economy is faltering. According to the European Union statistics agency Eurostat, construction output declined from...

Currency News Forecast: Will the Pound to Dollar exchange rate (GBP/USD) see a significant correction in July 2014? Global share markets have recorded significant losses during early trading today following yesterday’s announcement by the USA and the eurozone that they will be stepping up their economic sanctions against Russia. The major Western superpowers began their offensive against Russian interests in the wake of...

The British Pound Sterling to Yen exchange rate (GBP/JPY) fell by more than 0.30% against the Japanese Yen on Thursday as investors were spooked by news that the US has imposed harsher sanctions against Russia and as the conflict in Ukraine escalated further. Adding to fears that the Ukraine crisis could escalate was the news that a Ukrainian security spokesman accused the Russian air force of shooting down one of its jets...

The major move in the global currency markets during this week's trading session saw the Pound Sterling to euro (GBP/EUR) exchange rate climb to its highest level since September 2012 at 1.2674. The forward move for the Pound Sterling (GBP) was driven by the news that the level of joblessness in the UK had fallen to its lowest level for six years during the three months to the end of April. The drop-off of some 121,000 in the...

The Pound to Rupee (GBP/INR) exchange rate gave back some of its earlier gains on Wednesday after data showed that exports out of the Asian nation increased strongly last month and as concerns over this year’s monsoon rains eased. As the monsoon rains intensified concerns over rising inflation and a possible shortage of food products eased, supporting the Rupee. The shortfall in the rains which fall between June and September...

Forecasts: Australian, Canadian & NZ Dollar Exchange Rate Predictions & Currency News Updates July 2014 The POUND STERLING (currency:GBP) has continued to hoover up support during today’s session following yesterday’s blockbusting UK inflation figures. News of another quarterly fall in domestic unemployment this morning increased the fair wind behind the UK unit and with British house prices still motoring forward, the future...

The British Pound (GBP) made gains against the New Zealand Dollar (NZD) and the majority of its most traded peers on Wednesday after the Sterling exchange rate complex found support from positive unemployment data. Further gains were restrained however by the release of a separate report which showed that wage growth in the UK fell more than expected. The latest NZ Dollar forex rates can be see below: - the pound to new...

Exchange Rate Forecast - Canadian Dollar (CAD), Pound to Dollar (GBP/USD) + Sterling to Euro (GBP/EUR) - Although the Pound to Dollar exchange rate (GBP/USD) climbed by around a cent yesterday, the Greenback was one of the best-performing of the sixteen most actively traded global currencies on the day. The support for the Buck was driven by comments from Federal Reserve Chair Janet Yellen during her appearance before the US...

A surprisingly high reading from yesterday's UK Consumer Price Index inflation figures saw the Pound to euro (GBP/EUR) exchange rate climb as it ramped the pressure on the Bank of England to countenance an increase to domestic interest rates. The monthly CPI price rise figure was expected to show that the rate of UK inflation had increased slightly to 1.6% last month. When the actual figure printed at 1.9%, market rumours...