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

GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

10 Dec 2012 at 6 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

There was more bad news for the euro earlier today when Italian Prime Minister Mario Monti announced that he will be quitting his post ahead of schedule. Monti is an affirmed technocrat and was seen as a man whom Brussels could work with in an attempt to control and reduce the Mediterranean nation’s huge governmental debt. The news from...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Draghi?s Comments Send GBP EUR Exchange Rate Higher

6 Dec 2012 at 6 PM - Written by Toni Johnson

STORY LINK Draghi?s Comments Send GBP EUR Exchange Rate Higher

The euro has suffered a concerted bout of selling pressure this afternoon thanks to comments made by European Central Bank President Mario Draghi in his post-policy announcement press conference. Draghi dropped heavy hints that his Bank may well cut its key lending rate in the early part of 2013 when he commented that the EBC’s board...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Sterling Holds Its Ground In Spite Of Gloomy UK Autumn Statement

5 Dec 2012 at 6 PM - Written by John Cameron

STORY LINK Sterling Holds Its Ground In Spite Of Gloomy UK Autumn Statement

The Pound has held up relatively well during this afternoon’s trading session in spite of a gloomy Autumn statement from UK Chancellor George Osborne earlier. The Chancellor’s speech to the British parliament revealed that austerity measures will now be extended until 2018 due to the ruling coalition government’s failure to hit its own...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Currency Exchange Rate Forecasts For GBP to EUR Exchange Rate, USD & NZD Predictions

30 Nov 2012 at 2 PM - Written by James Fuller

STORY LINK Currency Exchange Rate Forecasts For GBP to EUR Exchange Rate, USD & NZD Predictions

The EURO has continued its positive performance against Sterling on the day, sending the GBP EUR exchange rate down to 1.2319 this afternoon. Comments from ECB President Mario Draghi during a French television interview this morning served to sooth investors; Draghi stated that mainland Europe’s economy would start moving forward again next...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Sterling Euro Exchange Rate Suffers As BoE Governor Warns Of Liquidity Problems For Britain?s Banks

29 Nov 2012 at 2 PM - Written by Minesh Chaudhari

STORY LINK Sterling Euro Exchange Rate Suffers As BoE Governor Warns Of Liquidity Problems For Britain?s Banks

Risk was firmly back on the menu during this morning’s trading session thanks to encouraging data releases from continental Europe. Switzerland led the way with the release of Q3 GDP data at 0645hrs GMT. The numbers revealed that economic activity in the Alpine nation expanded by a quarterly 0.6%, far ahead of expectations of a showing of...

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

German Inflation Data Shows Slight Dip, Sterling Euro Exchange Rate Remains Steady

28 Nov 2012 at 3 PM - Written by Ben Hughes

STORY LINK German Inflation Data Shows Slight Dip, Sterling Euro Exchange Rate Remains Steady

A flat day in the markets today has been summed up by this afternoon’s centrepiece data release; the latest German CPI Inflation data for this month came in exactly as per expectations at an annualised 1.9%. This was marginally down from October’s counterpart figure of 2.0%. The fact that persistent price rises appear to be easing in the...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Dollar Exchange Rate Creeps Higher On Positive US Durable Goods Data

27 Nov 2012 at 3 PM - Written by David Woodsmith

STORY LINK Pound Dollar Exchange Rate Creeps Higher On Positive US Durable Goods Data

This afternoon’s US Durable Goods Orders data for October convincingly beat analysts’ expectations to show at 0.0% - not a bad result given that September’s counterpart figure showed at an impressive 9.2%. Commentators had been expecting a contraction of 0.7%. The US Durable Goods Orders numbers have become a highlight of the monthly...

CATEGORIES: American Dollar Forecasts Currency Predictions Pound Dolla Forecasts

Strong Uptake At Today?s Spanish Bond Auction Sends GBP EUR Exchange Rate Lower

22 Nov 2012 at 3 PM - Written by Tim Boyer

STORY LINK Strong Uptake At Today?s Spanish Bond Auction Sends GBP EUR Exchange Rate Lower

This morning brought a busy schedule of data releases in the eurozone. Generally, the European figures were stronger than anticipated, with the whole-of-eurozone Composite Purchasing Manager Index survey for this month showing a slight improvement on last month’s reading of 45.7. The latest PMI Manufacturing Index for the region, also...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Foreign Currency Exchange Rate Predictions : GBP to EUR, USD & CHF

20 Nov 2012 at 4 PM - Written by Frank Davies

STORY LINK Foreign Currency Exchange Rate Predictions : GBP to EUR, USD & CHF

The EURO has given up a modicum of ground against Sterling during today’s session, sending the GBP EUR exchange rate from its intraday low of 1.2416 back up into the mid-1.24s this afternoon. The shift out of euro-denominated assets comes ahead of this week’s key eurogroup decision on whether to allow Greece to drawdown on its latest...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Euro Exchange Rate Dips Following Poor UK Retail Sales Data

15 Nov 2012 at 6 PM - Written by David Woodsmith

STORY LINK Pound Euro Exchange Rate Dips Following Poor UK Retail Sales Data

There was further grim news for clients holding Sterling-denominated assets during today’s session, with the release of the latest set of domestic Retail Sales data from the UK Office of National Statistics. The October numbers showed at a much lower than anticipated annualised 1.1% - down from September’s counterpart figure of 2.7%. The...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

10 Dec 2012 at 6 PM - Written by Frank Davies

STORY LINK GBP CAD Exchange Rate Up Following Weak Canadian Housing Data, Euro Loses Ground Over Berlusconi Fears

There was more bad news for the euro earlier today when Italian Prime Minister Mario Monti announced that he will be quitting his post ahead of schedule. Monti is an affirmed technocrat and was seen as a man whom Brussels could work with in an attempt to control and reduce the Mediterranean nation’s huge governmental debt. The news from...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Draghi?s Comments Send GBP EUR Exchange Rate Higher

6 Dec 2012 at 6 PM - Written by Toni Johnson

STORY LINK Draghi?s Comments Send GBP EUR Exchange Rate Higher

The euro has suffered a concerted bout of selling pressure this afternoon thanks to comments made by European Central Bank President Mario Draghi in his post-policy announcement press conference. Draghi dropped heavy hints that his Bank may well cut its key lending rate in the early part of 2013 when he commented that the EBC’s board...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Sterling Holds Its Ground In Spite Of Gloomy UK Autumn Statement

5 Dec 2012 at 6 PM - Written by John Cameron

STORY LINK Sterling Holds Its Ground In Spite Of Gloomy UK Autumn Statement

The Pound has held up relatively well during this afternoon’s trading session in spite of a gloomy Autumn statement from UK Chancellor George Osborne earlier. The Chancellor’s speech to the British parliament revealed that austerity measures will now be extended until 2018 due to the ruling coalition government’s failure to hit its own...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Currency Exchange Rate Forecasts For GBP to EUR Exchange Rate, USD & NZD Predictions

30 Nov 2012 at 2 PM - Written by James Fuller

STORY LINK Currency Exchange Rate Forecasts For GBP to EUR Exchange Rate, USD & NZD Predictions

The EURO has continued its positive performance against Sterling on the day, sending the GBP EUR exchange rate down to 1.2319 this afternoon. Comments from ECB President Mario Draghi during a French television interview this morning served to sooth investors; Draghi stated that mainland Europe’s economy would start moving forward again next...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Sterling Euro Exchange Rate Suffers As BoE Governor Warns Of Liquidity Problems For Britain?s Banks

29 Nov 2012 at 2 PM - Written by Minesh Chaudhari

STORY LINK Sterling Euro Exchange Rate Suffers As BoE Governor Warns Of Liquidity Problems For Britain?s Banks

Risk was firmly back on the menu during this morning’s trading session thanks to encouraging data releases from continental Europe. Switzerland led the way with the release of Q3 GDP data at 0645hrs GMT. The numbers revealed that economic activity in the Alpine nation expanded by a quarterly 0.6%, far ahead of expectations of a showing of...

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

German Inflation Data Shows Slight Dip, Sterling Euro Exchange Rate Remains Steady

28 Nov 2012 at 3 PM - Written by Ben Hughes

STORY LINK German Inflation Data Shows Slight Dip, Sterling Euro Exchange Rate Remains Steady

A flat day in the markets today has been summed up by this afternoon’s centrepiece data release; the latest German CPI Inflation data for this month came in exactly as per expectations at an annualised 1.9%. This was marginally down from October’s counterpart figure of 2.0%. The fact that persistent price rises appear to be easing in the...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Dollar Exchange Rate Creeps Higher On Positive US Durable Goods Data

27 Nov 2012 at 3 PM - Written by David Woodsmith

STORY LINK Pound Dollar Exchange Rate Creeps Higher On Positive US Durable Goods Data

This afternoon’s US Durable Goods Orders data for October convincingly beat analysts’ expectations to show at 0.0% - not a bad result given that September’s counterpart figure showed at an impressive 9.2%. Commentators had been expecting a contraction of 0.7%. The US Durable Goods Orders numbers have become a highlight of the monthly...

CATEGORIES: American Dollar Forecasts Currency Predictions Pound Dolla Forecasts

Strong Uptake At Today?s Spanish Bond Auction Sends GBP EUR Exchange Rate Lower

22 Nov 2012 at 3 PM - Written by Tim Boyer

STORY LINK Strong Uptake At Today?s Spanish Bond Auction Sends GBP EUR Exchange Rate Lower

This morning brought a busy schedule of data releases in the eurozone. Generally, the European figures were stronger than anticipated, with the whole-of-eurozone Composite Purchasing Manager Index survey for this month showing a slight improvement on last month’s reading of 45.7. The latest PMI Manufacturing Index for the region, also...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Forecasts

Foreign Currency Exchange Rate Predictions : GBP to EUR, USD & CHF

20 Nov 2012 at 4 PM - Written by Frank Davies

STORY LINK Foreign Currency Exchange Rate Predictions : GBP to EUR, USD & CHF

The EURO has given up a modicum of ground against Sterling during today’s session, sending the GBP EUR exchange rate from its intraday low of 1.2416 back up into the mid-1.24s this afternoon. The shift out of euro-denominated assets comes ahead of this week’s key eurogroup decision on whether to allow Greece to drawdown on its latest...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound Euro Exchange Rate Dips Following Poor UK Retail Sales Data

15 Nov 2012 at 6 PM - Written by David Woodsmith

STORY LINK Pound Euro Exchange Rate Dips Following Poor UK Retail Sales Data

There was further grim news for clients holding Sterling-denominated assets during today’s session, with the release of the latest set of domestic Retail Sales data from the UK Office of National Statistics. The October numbers showed at a much lower than anticipated annualised 1.1% - down from September’s counterpart figure of 2.7%. The...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

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