Latest Currency News Continued - page 511

The Latest Foreign Exchange Rate Forecasts and Predictions for the Euro (EUR), Pound Sterling (GBP), Dollar (USD) and the Canadian Dollar (CAD) - The POUND STERLING (currency:GBP) put in an encouraging performance on the day yesterday following a positive response from market participants to the Bank of England’s latest plans to cool down the over-heating UK property market. Gavin Friend of National Australia Bank captured...

Currency News UK brings you today's exchange rates analysis and forecast for the Pound Sterling (GBP), Euro (EUR), US Dollar (USD), and New Zealand Dollar (NZD). The British Pound managed to hold onto this week's gains versus the US Dollar as the trading week came to a close, trading well above the key 1.7 GBP/USD of late. Sterling, however, lost ground to the Euro over the course of Friday as strong German data bolstered the...

Friday's session saw the Pound to Yen exchange rate (GBP/JPY) weaken as economic reports showed Japan consumer prices had risen at the fastest pace since the early the 80's. The Japanese currency was bolstered as the data was seen as an indicator of a recovering economy. The National CPI for May was in line with forecasts at 3.4 per cent (annualised), up from 3.2 per cent in April.The unemployment rate also fell to a new...

A negative session yesterday for global equities was not enough to stop the high-yielding Australian Dollar (currency:AUD) and New Zealand Dollar (currency:NZD) registering significant gains against the Pound Sterling (currency:GBP). Shares markets across Europe incurred hefty losses with London’s FTSE 100 shipping 0.79% of its value on the day, while Frankfurt’s Dax closed down by a similar amount. The pound to...

Curency News UK brings you our exchange rate forecasts & predictions for the Pound Sterling (GBP, Euro (EUR), US Dollar (USD) and the New Zealand Dollar (NZD) in 2014 - The POUND STERLING (currency:GBP) has put in another lacklustre performance so far today as concerns mount regarding the massive black hole which stills exists in the UK’s public finances. Almost five years of austerity measures have failed to bring down...

With the majority of the days data releases coming from the USA the GBP/INR Exchange Rate was experiencing little movement. Earlier in the session the Rupee was trading lower against several major peers as concerns over rising oil prices weighed. With the conflict in Iraq showing signs of escalation concerns over the world’s oil supply increased and in turn sent oil prices climbing yet again. As Syrian warplanes bombed...

The New Zealand Dollar (NZD) strengthened against the British Pound (GBP) on Thursday after the Bank of England released its Financial Stability Report report designed to safeguard Britain's recovery. Sterling surged against a basket of currencies soon after the report was published, with the pound to nz dollar rate dropping 0.25 pct over the trading day. The Pound to New Zealand Dollar exchange rate is 0.25 per cent lower on...

The Norwegian Krone exchange rate pushed ahead against the Pound Sterling during yesterday’s session as investors moved against the UK tender thanks to distinctly dovish comments from Bank of England Governor Mark Carney. The Pound Krone exchange rate slipped by just under 0.25% to an intra-day low of 10.3479 during the middle part of the European equities session. However, the Norwegian unit has endured a torrid June so...

Today saw the Pound Sterling to Swiss Franc exchange rate (GBP/CHF) recover recent losses, trading 0.34 pct higher on Thursday. The BoE's Financial Stability Report reassured markets that action will be taken to protect the British economy's recovery and calm the UK property price boom. As of 21:00 GMT on Thursday, the Pound Swiss Franc exchange rate sits at 1.52140 GBP/CHF, 0.34 per cent higher than Wednesday's close. The...

Tuesday saw the British Pound Sterling (GBP) weaken from its strong 2014 euro and dollar exchange rate levels. However, the British currency managed to recoup losses after the Bank of England' published its Financial Stabilty Report, which saw the pound to euro shoot back above earlier 2014 highs of 1.25 EUR and the pound dollar 1.7 USD. The Pound Euro exchange rate is 0.39% per cent higher on the day at 1.25098...