Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 24

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

Near-Term Pound to NZ Dollar Forecast: The GBP-NZD Could Find Itself Continuing to Climb

11 Sep 2017 at 5 PM - Written by Tim Boyer

The Pound to New Zealand Dollar exchange rate is struggling to maintain the daily opening levels today, quoted at £1 = NZD$1.81223 (-0.18pct) ahead of the European open. GBP/NZD began the trading week fluctuating in the build up to tonight’s EU repeal bill vote. British parliament will vote tonight on the EU Withdrawal Bill (also...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Pound to Australian Dollar Rate Tests 1.65 Handle as GBP Firms Before UK Inflation Data

10 Sep 2017 at 11 AM - Written by John Cameron

The British pound to Australian dollar exchange rate is just below the 1.65 handle as UK traders await the latest inflation data release today. GBP/AUD is quoted at 1.64199 on Tuesday, September 12 (08:30 GMT) ahead of the day's key release (see live data here) "Sterling is up slightly ahead of today’s inflation data and Thursday’s...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Canadian Dollar Outperforms the British Pound, Euro and US Dollar as "CAD Retains Strong Technical, Fundamental Undertone"

10 Sep 2017 at 11 AM - Written by David Woodsmith

"The CAD has risen more than 11% against the USD. Too much, too quickly? Possibly; CAD may steady in the short run but there is no real sign of valuation stretch in the decline in USDCAD at this point. Our high-frequency fair value model suggests a fundamental equilibrium of 1.1920 or so for USDCAD currently, which largely reflects the yield/...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canad Forecasts

Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate

8 Sep 2017 at 4 PM - Written by Frank Davies

The Euro Pound exchange rate has tumbled today in the wake of a run of positive UK data releases and an optimistic UK GDP estimate from NIESR. The National Institute of Economic and Social Research (NIESR) released its latest monthly GDP estimate today, which listed growth of 0.4% in the three months to August. This is notably better...

CATEGORIES: Currency Predictions Euro Pound Forecasts

Pound Canadian Dollar (GBP CAD) Plummets as BoC Announces Surprise Rate Hike

7 Sep 2017 at 12 PM - Written by John Cameron

The Pound to Canadian Dollar exchange rate plummeted to its lowest levels since January yesterday as the Bank of Canada (BoC) announced a surprise rate hike. The BoC raised its key interest rate to 1.0%, less than a week after Canada’s Q2 gross domestic product (GDP) data exceeded expectations by accelerating at a pace of 4.5% (the...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints

7 Sep 2017 at 10 AM - Written by Toni Johnson

The Pound to Australian Dollar exchange rate is hovering around the daily open, quoted at 1.62857 on Thursday, 7 September. Aussie Retail Sales printed at just 0.0%, 0.2% below market expectations. The Aussie has seen weakness on foreign exchange markets after the most recent Australian ecostats have failed to impress markets. After...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Pound vs Dollar: GBP/USD Exchange Rate Climbs on Norway?s Vote of Confidence

5 Sep 2017 at 4 PM - Written by Ben Hughes

The Pound to US Dollar exchange rate climbed today (despite some disappointing data releases) on news that the world’s largest sovereign wealth fund has issued a vote of confidence in Sterling. Norway’s $1 trillion oil fund has advised sweeping changes to its $333bn bond portfolio that include dropping the Japanese Yen (JPY) as well as...

CATEGORIES: American Dollar Forecasts Currency Predictions Pound Dolla Forecasts

Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

4 Sep 2017 at 8 AM - Written by David Woodsmith

The pound to rand exchange rate has been in steady decline from early August highs where the pair touched 1 GBP = 17.51. GBP/ZAR, on Tuesday 5th September, is quoted at 16.76288. Decent UK data was not able to help the British Pound to hold its ground. The pair slipped due to strong South African trade and manufacturing results despite...

CATEGORIES: Currency Predictions Pound Rand Forecasts Pound Sterling Forecasts Forecasts

Pound to New Zealand Dollar Exchange Rate's Bullish Run to Extend as NZD Weakened by "Verbal Jawboning by RBNZ"

3 Sep 2017 at 8 AM - Written by John Cameron

The pound to New Zealand dollar exchange rate has seen an impressive rally, taking the pair to 1.80991 ahead of the markets re-opening today. Even though Brexit-based worries mounted in the wake of another inconclusive round of negotiations this was not enough to prevent GBP/NZD climbing to a fresh three-month high. The pairing largely...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound Ne Forecasts

Near-Term Pound to Australian Dollar Exchange Rate Outlook: RBA Meeting & UK Services PMI

3 Sep 2017 at 8 AM - Written by John Cameron

The Pound to Australian Dollar exchange rate is hovering around opening levels on Monday September 4, quoted at 1.62798 (12:00 GMT. The near-term risk event for GBP/AUD trading is the RBA meeting overnight and Tuesday's UK Services PMI, which is expected to disappoint. "Looking ahead, GBP/AUD is likely to struggle on Tuesday 5th...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Near-Term Pound to NZ Dollar Forecast: The GBP-NZD Could Find Itself Continuing to Climb

11 Sep 2017 at 5 PM - Written by Tim Boyer

The Pound to New Zealand Dollar exchange rate is struggling to maintain the daily opening levels today, quoted at £1 = NZD$1.81223 (-0.18pct) ahead of the European open. GBP/NZD began the trading week fluctuating in the build up to tonight’s EU repeal bill vote. British parliament will vote tonight on the EU Withdrawal Bill (also...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Pound to Australian Dollar Rate Tests 1.65 Handle as GBP Firms Before UK Inflation Data

10 Sep 2017 at 11 AM - Written by John Cameron

The British pound to Australian dollar exchange rate is just below the 1.65 handle as UK traders await the latest inflation data release today. GBP/AUD is quoted at 1.64199 on Tuesday, September 12 (08:30 GMT) ahead of the day's key release (see live data here) "Sterling is up slightly ahead of today’s inflation data and Thursday’s...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Canadian Dollar Outperforms the British Pound, Euro and US Dollar as "CAD Retains Strong Technical, Fundamental Undertone"

10 Sep 2017 at 11 AM - Written by David Woodsmith

"The CAD has risen more than 11% against the USD. Too much, too quickly? Possibly; CAD may steady in the short run but there is no real sign of valuation stretch in the decline in USDCAD at this point. Our high-frequency fair value model suggests a fundamental equilibrium of 1.1920 or so for USDCAD currently, which largely reflects the yield/...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canad Forecasts

Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate

8 Sep 2017 at 4 PM - Written by Frank Davies

The Euro Pound exchange rate has tumbled today in the wake of a run of positive UK data releases and an optimistic UK GDP estimate from NIESR. The National Institute of Economic and Social Research (NIESR) released its latest monthly GDP estimate today, which listed growth of 0.4% in the three months to August. This is notably better...

CATEGORIES: Currency Predictions Euro Pound Forecasts

Pound Canadian Dollar (GBP CAD) Plummets as BoC Announces Surprise Rate Hike

7 Sep 2017 at 12 PM - Written by John Cameron

The Pound to Canadian Dollar exchange rate plummeted to its lowest levels since January yesterday as the Bank of Canada (BoC) announced a surprise rate hike. The BoC raised its key interest rate to 1.0%, less than a week after Canada’s Q2 gross domestic product (GDP) data exceeded expectations by accelerating at a pace of 4.5% (the...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

The Pound to Australian Dollar Exchange Rate Holds 1.28 as Aussie Retail Sales Disappoints

7 Sep 2017 at 10 AM - Written by Toni Johnson

The Pound to Australian Dollar exchange rate is hovering around the daily open, quoted at 1.62857 on Thursday, 7 September. Aussie Retail Sales printed at just 0.0%, 0.2% below market expectations. The Aussie has seen weakness on foreign exchange markets after the most recent Australian ecostats have failed to impress markets. After...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Pound vs Dollar: GBP/USD Exchange Rate Climbs on Norway?s Vote of Confidence

5 Sep 2017 at 4 PM - Written by Ben Hughes

The Pound to US Dollar exchange rate climbed today (despite some disappointing data releases) on news that the world’s largest sovereign wealth fund has issued a vote of confidence in Sterling. Norway’s $1 trillion oil fund has advised sweeping changes to its $333bn bond portfolio that include dropping the Japanese Yen (JPY) as well as...

CATEGORIES: American Dollar Forecasts Currency Predictions Pound Dolla Forecasts

Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

4 Sep 2017 at 8 AM - Written by David Woodsmith

The pound to rand exchange rate has been in steady decline from early August highs where the pair touched 1 GBP = 17.51. GBP/ZAR, on Tuesday 5th September, is quoted at 16.76288. Decent UK data was not able to help the British Pound to hold its ground. The pair slipped due to strong South African trade and manufacturing results despite...

CATEGORIES: Currency Predictions Pound Rand Forecasts Pound Sterling Forecasts Forecasts

Pound to New Zealand Dollar Exchange Rate's Bullish Run to Extend as NZD Weakened by "Verbal Jawboning by RBNZ"

3 Sep 2017 at 8 AM - Written by John Cameron

The pound to New Zealand dollar exchange rate has seen an impressive rally, taking the pair to 1.80991 ahead of the markets re-opening today. Even though Brexit-based worries mounted in the wake of another inconclusive round of negotiations this was not enough to prevent GBP/NZD climbing to a fresh three-month high. The pairing largely...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound Ne Forecasts

Near-Term Pound to Australian Dollar Exchange Rate Outlook: RBA Meeting & UK Services PMI

3 Sep 2017 at 8 AM - Written by John Cameron

The Pound to Australian Dollar exchange rate is hovering around opening levels on Monday September 4, quoted at 1.62798 (12:00 GMT. The near-term risk event for GBP/AUD trading is the RBA meeting overnight and Tuesday's UK Services PMI, which is expected to disappoint. "Looking ahead, GBP/AUD is likely to struggle on Tuesday 5th...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts