Latest Currency News Continued - page 512

Euro Rate Today - The EUR was weaker against the Pound Sterling (GBP) and US Dollar (USD) exchange rates on Friday as producer price inflation and consumer confidence data came in below forecast and renewed concerns over the Ukraine crisis took toll on the European currency. The weakening of the European tender saw the euro pound exchange rate once more fall towards the lowest levels since October 2008. Further losses are a...

Foreign Exchange Rate Forecasts - Low volatility levels in the global currency markets have favoured the high-yielding currencies during Thursday's session. Leading financial institution Deutsche Bank operates a daily gauge of volatility levels in the global currency markets and yesterday’s session saw the reading drop to 5.28% - its lowest level for some 13 years. Yesterday's exchange rates saw the Pound to Australian...

The Pound to New Zealand Dollar exchange rate (GBP/NZD) pushed higher on Friday as it continued to find support from investor expectations that the Bank of England will hike interest rates sooner than initially thought. The ‘Kiwi’ was unable to recover ground against Sterling despite the release of data which showed that consumer confidence in New Zealand rebounded from its lowest level in six months as people became more...

Here's the Currency News daily exchange rate forecasts and currency predictions for the Pound Sterling (GBP), Euro (EUR), US Dollar (USD) & New Zealand Dollar (NZD) The POUND STERLING (currency:GBP) pushed ahead against both the Dollar and the euro during yesterday’s trading session as investors continued to price-in a higher likelihood of an interest rate hike from the Bank of England this side of Christmas. However,...

The New Zealand Dollar followed its Australian relative higher against the US Dollar overnight and advanced to a lifetime high against a number of other major peers following the Federal Reserve’s policy meeting. After Federal Reserve Chairman Janet Yellen spoke more dovishly than hoped about the US economy and suggested that interest rates will remain unchanged for a sustained period of time investors turned to the higher...

Exchange Rates Forecast for Pound to Rupee and Rand - It wasn’t just the US Dollar which was affected by Federal Reserve Chairwoman Janet Yellen’s comments of last night; the Indian Rupee has climbed against the other sixteen most-actively traded global currencies by its largest amount in nearly four weeks during today’s session as a result of teh Fed Chair’s promise that the flow of easy money from the US will continue...

The Australian Dollar retreated from yesterday’s two-month high against the US Dollar as traders embarked on a round of profit taking however currency was continuing to receive support from Wednesday’s dovish Federal Reserve policy meeting. Unrest in Iraq is also weighing upon sentiment for the ‘Aussie’. The Pound meanwhile could see volatility if today’s public sector borrowing figures come in positively. Key...

Dollar exchange rate today - The Pound Dollar exchange rate (GBP/USD) once again breached the 1.7000 threshold during late trading yesterday. The move was driven by Dollar-weakness following the announcement from the US Federal Reserve that it was trimming its forecast for long term economic growth. The USD went on to take a beating as markets sold the currency, losing over 0.26 per cent against the Sterling and 0.13 per cent...

What's the Pound Sterling Forecast Today? The Bank of England minutes, published earlier today, could push the British Pound higher against the euro (currency:EUR) and US Dollar (currency:USD) exchange rates during the latter part of this week’s trading session. The memos of the UK central bank’s most recent get-together noted that the collected policymakers were ‘surprised’ that futures markets were not pricing-in a...

The Pound was weaker against the Indian Rupee and the majority of its most traded peers after the Bank of England’s policy meeting minutes disappointed investor expectations for interest rates to rise before the end of the year. The UK currency fell as the minutes showed that the BoE’s monetary policy committee voted unanimously to leave interest rates unchanged at the record low level of 0.5%. The minutes also showed that...