Latest Currency News Continued - page 8
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GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment
19 Feb 2019 at 4 PM - Written by James Fuller
STORY LINK GBP to USD Exchange Rate Benefits from UK Job Market Report and Lasting Risk-Sentiment
Mixed UK data and Brexit uncertainties didn’t prevent the British Pound to US Dollar (GBP/USD) exchange rate from extending its recovery attempts today, as Pound investors reacted with optimism to some stats while the US Dollar’s strength was limited by optimism surrounding US-China trade developments.
Last week saw GBP/USD trending largely with a downside bias. The pair opened the week at the level of 1.2935 before...
CATEGORIES: Pound Dollar Forecasts
Pound Euro Exchange Rate News: GBP/EUR Steady as UK Wage Growth Misses
19 Feb 2019 at 1 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Steady as UK Wage Growth Misses
Pound (GBP) Exchange Rates Flat as UK Wage Growth Stalls
The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Tuesday morning after the UK’s latest labour figures failed to elicit much of a response from GBP investors.
This likely comes as a result of UK wage growth undershooting expectations at the end of last year.
According to data published by the Office for National Statistics (ONS) UK wage growth...
CATEGORIES: Pound Euro Forecasts
GBP to NZD Exchange Rate Limp as Investors Digest Last Week?s News
18 Feb 2019 at 5 PM - Written by David Woodsmith
STORY LINK GBP to NZD Exchange Rate Limp as Investors Digest Last Week?s News
After a plummet last week on Reserve Bank of New Zealand (RBNZ) and Brexit news, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate’s movement has steadied this week. Investors were hesitant to keep buying the New Zealand Dollar higher and sold it slightly from its best levels in profit-taking.
Last week saw GBP/NZD open at the level of 1.9187, before spending most of the week plunging. After touching a fresh...
CATEGORIES: Pound New Zealand Dollar Forecasts
Euro US Dollar (EUR/USD) Exchange Rate Recovers from 3-Month Low
18 Feb 2019 at 5 PM - Written by John Cameron
STORY LINK Euro US Dollar (EUR/USD) Exchange Rate Recovers from 3-Month Low
Rising Risk Appetite Supports Euro US Dollar (EUR/USD) Exchange Rate
The Euro US Dollar (EUR/USD) exchange rate rose to $1.1322 on Monday.
The pairing edged ever so slightly higher despite the lack of data from Eurozone and US markets being closed for President’s day.
The Euro was able to gain on the US Dollar as risk appetite improved on the back of hopes for a US/China trade deal.
Adam Cole, a Currency...
CATEGORIES: Euro Forecasts
Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen
15 Feb 2019 at 12 PM - Written by Frank Davies
STORY LINK Pound Sterling US Dollar (GBP/USD) Exchange Rate Recovers from One-Month Low as UK Retail Sales Strengthen
UK Retail Sales Boost Lifts Pound Sterling US Dollar (GBP/USD) Exchange Rate
A better-than-expected uptick in January’s UK retail sales data helped to lift the Pound Sterling to US Dollar (GBP/USD) exchange rate from its one-month low.
As sales picked up 1.2% on the month this gave investors cause for confidence, suggesting that consumers remain unfazed by Brexit jitters.
Analysts at TD Securities...
CATEGORIES: Pound Dollar Forecasts