Latest Currency News Continued - page 520

Canadian Dollar (CAD) & New Zealand Dollar (NZD) to Pound Sterling (GBP) exchange rates forecast to improve Comments from the world’s most influential financial policymaker towards the end of last week’s trading session in the global currency markets are forecast to shape the fortunes of several leading global currencies versus the Pound Sterling this week. US Federal Reserve Chairperson Janet Yellen has not long been in...

Pound to Euro (GBP EUR) Exchange Rate Forecast 2014: The consensus amongst economists following this morning’s whole of eurozone trade data has seen the near term forecast for the Pound Euro exchange rate forecast edge higher. The Sterling to Euro exchange rate is currently trading up +0.27% at 1.22762 GBP/EUR. Whole of eurozone trade balance numbers for March, published this morning, came out well above expectations,...

The Euro to Pound exchange rate remained steady as both the Pound Sterling and the Euro currencies remained under pressure from negative data released earlier in the week. The Euro to Pound Sterling exchange rate is trading down -0.32% at 0.81420 EUR/GBP. The Euro softened slightly as a report showed that new car sales in the Eurozone increased at the slowest rate in five months and concerns are growing that next week’s...

Currency News UK exchange rate forecasts and predictions for the Pound Sterling (GBP), Euro (EUR), Rupee (INR) and US Dollar (USD): The POUND STERLING (currency:GBP) outperformed almost all of the other sixteen most-actively traded global currencies during yesterday’s session as investors bought back into Sterling following the mid-week wobble which was triggered by comments from Bank of England Governor Mark Carney. The BoE...

Pound Euro Exchange Rate Forecast: Today’s session has been marked by the release of a raft of Gross Domestic Product data sets from four of the world’s most significant economies. The results proved to be a decidedly mixed bag. The Pound Sterling to Euro exchange rate is trading up +0.32% at 1.22633 GBP/EUR. We take a look at the effect the results are likely to have on the Pound Japanese Yen (GBP/JPY) and Pound euro...

Wednesday’s dovish Bank of England inflation report and today’s impressive Japanese growth data left the Pound to Yen exchange rate (GBP/JPY) in a stronger position. The Pound Sterling (currency:GBP) recorded widespread declines yesterday as the UK’s employment report showed a smaller-than-forecast drop in joblessness and slower-than-expected wage growth. Further Pound losses occurred after the BoE published its...

Pound to Euro Exchange Rate Forecast (GBP/EUR): A little-mentioned economic statistic, published in Germany during pre-trading in the lead-up to yesterday’s European equities session, may have pronounced ramifications for the future prospects for the euro (currency:EUR). The latest Consumer Price Index data from the powerhouse Teutonic state pointed to a month-on-month decrease in the level of domestic prices of 0.2% adding...

Overnight improved risk appetite and climbing stocks pushed the commodity-driven New Zealand Dollar higher against several of its major currency counterparts. The New Zealand Dollar achieved a seven-week high against the Euro and was stronger against both the Pound and US Dollar during Australasian trading. The New Zealand Dollar was little-affected by a report detailing a slowing in New Zealand’s retail sales...

The exchange rates forecast for the Pound Sterling to Euro (GBP/EUR) , US Dollar (USD), Australian (AUD) and NZ Dollars (NZD) is looking negative. On the face of it, this morning’s session should have been a positive one for the Pound Sterling (currency:GBP) – official UK government figures revealed that the number of people out of work in Britain dropped by a sizeable 133,000 during the three months leading up to the end...

Pound Rupee Exchange Rate Outlook Today: At the outset of European trading the Indian Rupee (INR) was enjoying a stronger relationship with peers like the Pound Sterling (GBP) and US Dollar (USD). The Rupee was supported as exit polls indicated that the opposition Bharatiya Janata Party possibly won between 249 and 340 seats at the recent election. 272 seats would be required for a majority. The ruling Congress Party, who...