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A round up of the latest currency predictions from the Currency News desk.

Pound To Euro Exchange Rate (GBP/EUR) Steady Despite Co-OP Credit Downgrade

10 May 2013 at 2 PM - Written by David Woodsmith

STORY LINK Pound To Euro Exchange Rate (GBP/EUR) Steady Despite Co-OP Credit Downgrade

Poor UK data releases marred this morning’s session for the Pound Sterling. A weaker than anticipated print for the latest British Construction Output data ensured that the Pound started the session under pressure. The key gauge of activity in Britain’s building sector showed a year-on-year drop off in activity of a greater than...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

New Zealand Dollar Forecast To Weaken As RBNZ Announces Currency Market Intervention

8 May 2013 at 2 PM - Written by Tim Boyer

STORY LINK New Zealand Dollar Forecast To Weaken As RBNZ Announces Currency Market Intervention

The New Zealand Dollar has been the major mover on the day in the global currency markets, losing 0.86% of its value against the Pound. The shift out of Kiwi-denominated assets has been triggered by the dramatic news that the Reserve Bank of New Zealand has intervened in the foreign currency markets in order to actively weaken the New Zealand...

CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zeala Forecasts

Exchange Rates Update: USD Strengthens Against EUR & JPY as US Job Figures Show Surprising Strength

3 May 2013 at 7 PM - Written by Frank Davies

STORY LINK Exchange Rates Update: USD Strengthens Against EUR & JPY as US Job Figures Show Surprising Strength

The US Dollar rose against the Euro and Japanese Yen after employment rose more than expected in April and hiring was far stronger than economists had been expecting. The data eased worries that the sequestration budget cuts are having a big impact on the world’s largest economy. According to the US Labour Department, Nonfarm payrolls...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

EUR falls as USD rises on ECB rate decision

2 May 2013 at 4 PM - Written by Minesh Chaudhari

STORY LINK EUR falls as USD rises on ECB rate decision

The Euro has declined for the first time in five days against the US Dollar after the European Central Bank President Mario Draghi said that policy makers would be open to implementing negative deposit rates. The Euro briefly made gains against the majority of its peers after the ECB did what the market was expecting and cut its key...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

House Price data sees GBP rise to 10-week high against USD

29 Apr 2013 at 12 PM - Written by Toni Johnson

STORY LINK House Price data sees GBP rise to 10-week high against USD

The Pound has risen to its highest level in ten-weeks against the US Dollar after data showed that UK house prices increased in April, increasing investor optimism that the UK economy is showing signs that its recovery is beginning to get back on track. Sterling climbed for a fourth day in a row against the ‘Greenback’, its longest...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

26 Apr 2013 at 2 PM - Written by Toni Johnson

STORY LINK Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

The major data release today came in the form of this afternoon’s US GDP data, which revealed that the world’s largest economy is expanding at a considerably slower level than analysts had been anticipating. The vast American economy grew by an annualised 2.5% during the first quarter of 2013 – economists had been anticipating a...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

25 Apr 2013 at 2 PM - Written by John Cameron

STORY LINK Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

The POUND STERLING has outperformed all of the other sixteen most-actively traded global currencies so far during today’s session, thanks to this morning’s Q1 UK GDP data which revealed that economic activity in Britain rose by a higher than anticipated 0.3% during the first three months of this year. However, this morning’s comments...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

24 Apr 2013 at 2 PM - Written by Tim Boyer

STORY LINK Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

This morning’s session brought the release of some less than impressive German data in the form of the latest Ifo Business Confidence survey. The gauge of the mood amongst business people in the eurozone’s leading economy showed a sharp drop-off from March’s figure of 106.7 to show at 104.4 this month. Analysts had been anticipating a...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

23 Apr 2013 at 6 PM - Written by David Woodsmith

STORY LINK Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

This morning’s session brought the release of official UK government figures which revealed that the British administration borrowed £120.6bn during the financial year which ended on 5th April, 2013. Cynics were quick to point out that the figure was lower than last year’s comparable number by a suspiciously slim £300m (a minute amount...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

GBP Flounders Against EUR, AUD & NZD Following Weak UK Unemployment Data

17 Apr 2013 at 4 PM - Written by Ben Hughes

STORY LINK GBP Flounders Against EUR, AUD & NZD Following Weak UK Unemployment Data

A potent cocktail of geo-political events over recent sessions have caused global appetite for risk to ebb. Political uncertainty in Italy got the ball rolling some six weeks ago when an indecisive general election triggered fears that the debt-burdened Mediterranean state might be about to ditch its austerity plan. Matters got worse, much...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound To Euro Exchange Rate (GBP/EUR) Steady Despite Co-OP Credit Downgrade

10 May 2013 at 2 PM - Written by David Woodsmith

STORY LINK Pound To Euro Exchange Rate (GBP/EUR) Steady Despite Co-OP Credit Downgrade

Poor UK data releases marred this morning’s session for the Pound Sterling. A weaker than anticipated print for the latest British Construction Output data ensured that the Pound started the session under pressure. The key gauge of activity in Britain’s building sector showed a year-on-year drop off in activity of a greater than...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

New Zealand Dollar Forecast To Weaken As RBNZ Announces Currency Market Intervention

8 May 2013 at 2 PM - Written by Tim Boyer

STORY LINK New Zealand Dollar Forecast To Weaken As RBNZ Announces Currency Market Intervention

The New Zealand Dollar has been the major mover on the day in the global currency markets, losing 0.86% of its value against the Pound. The shift out of Kiwi-denominated assets has been triggered by the dramatic news that the Reserve Bank of New Zealand has intervened in the foreign currency markets in order to actively weaken the New Zealand...

CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zeala Forecasts

Exchange Rates Update: USD Strengthens Against EUR & JPY as US Job Figures Show Surprising Strength

3 May 2013 at 7 PM - Written by Frank Davies

STORY LINK Exchange Rates Update: USD Strengthens Against EUR & JPY as US Job Figures Show Surprising Strength

The US Dollar rose against the Euro and Japanese Yen after employment rose more than expected in April and hiring was far stronger than economists had been expecting. The data eased worries that the sequestration budget cuts are having a big impact on the world’s largest economy. According to the US Labour Department, Nonfarm payrolls...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

EUR falls as USD rises on ECB rate decision

2 May 2013 at 4 PM - Written by Minesh Chaudhari

STORY LINK EUR falls as USD rises on ECB rate decision

The Euro has declined for the first time in five days against the US Dollar after the European Central Bank President Mario Draghi said that policy makers would be open to implementing negative deposit rates. The Euro briefly made gains against the majority of its peers after the ECB did what the market was expecting and cut its key...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

House Price data sees GBP rise to 10-week high against USD

29 Apr 2013 at 12 PM - Written by Toni Johnson

STORY LINK House Price data sees GBP rise to 10-week high against USD

The Pound has risen to its highest level in ten-weeks against the US Dollar after data showed that UK house prices increased in April, increasing investor optimism that the UK economy is showing signs that its recovery is beginning to get back on track. Sterling climbed for a fourth day in a row against the ‘Greenback’, its longest...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Curre Forecasts

Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

26 Apr 2013 at 2 PM - Written by Toni Johnson

STORY LINK Disappointing US GDP Data Sends GBP USD Rate Higher, Outlook For GBP EUR Positive

The major data release today came in the form of this afternoon’s US GDP data, which revealed that the world’s largest economy is expanding at a considerably slower level than analysts had been anticipating. The vast American economy grew by an annualised 2.5% during the first quarter of 2013 – economists had been anticipating a...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

25 Apr 2013 at 2 PM - Written by John Cameron

STORY LINK Foreign Currency Exchange Rate Forecasts For GBP EUR USD NZD

The POUND STERLING has outperformed all of the other sixteen most-actively traded global currencies so far during today’s session, thanks to this morning’s Q1 UK GDP data which revealed that economic activity in Britain rose by a higher than anticipated 0.3% during the first three months of this year. However, this morning’s comments...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

24 Apr 2013 at 2 PM - Written by Tim Boyer

STORY LINK Pound To Euro (GBP EUR) Forecast To Fall If UK GDP Data Disappoints

This morning’s session brought the release of some less than impressive German data in the form of the latest Ifo Business Confidence survey. The gauge of the mood amongst business people in the eurozone’s leading economy showed a sharp drop-off from March’s figure of 106.7 to show at 104.4 this month. Analysts had been anticipating a...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

23 Apr 2013 at 6 PM - Written by David Woodsmith

STORY LINK Outlook For GBP EUR Exchange Rate Is Mixed Despite UK Government Borrowing Data

This morning’s session brought the release of official UK government figures which revealed that the British administration borrowed £120.6bn during the financial year which ended on 5th April, 2013. Cynics were quick to point out that the figure was lower than last year’s comparable number by a suspiciously slim £300m (a minute amount...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

GBP Flounders Against EUR, AUD & NZD Following Weak UK Unemployment Data

17 Apr 2013 at 4 PM - Written by Ben Hughes

STORY LINK GBP Flounders Against EUR, AUD & NZD Following Weak UK Unemployment Data

A potent cocktail of geo-political events over recent sessions have caused global appetite for risk to ebb. Political uncertainty in Italy got the ball rolling some six weeks ago when an indecisive general election triggered fears that the debt-burdened Mediterranean state might be about to ditch its austerity plan. Matters got worse, much...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

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