Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 30

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

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

GBP NZD Exchange Rate Rallies after Fed Rate Hike Odds Damage NZD Demand

6 Mar 2017 at 4 PM - Written by Tim Boyer

On Tuesday afternoon the British Pound to New Zealand Dollar exchange rate continued to trend with a downside bias despite a drop in price for New Zealand’s most lucrative commodity. During the 07/03 Global Dairy Trade (GDT) auction, dairy prices dropped by -6.3% and hit their worst levels since October 2016, which could dampen demand...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP USD Exchange Rate Forecast to Fall on Incoming Fed Speeches

3 Mar 2017 at 1 PM - Written by Ben Hughes

Heavy GBP Losses Triggered by Slide in Services PMI The Pound is set to close trading against the US Dollar this week in a negative position, given the incoming US economic events. On the UK side, the latest decline has been caused by the services PMI for February, which has disappointed markets by showing a drop from 54.5 to 53.3, a...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP AUD Rally Seen after Shock Slide in Australian Trade Balance

2 Mar 2017 at 1 PM - Written by James Fuller

GBP Climbs against AUD despite Fears of Commons Bill Defeat The Pound has managed a 0.6% rise against the Australian Dollar today, which comes after the UK Government was ‘defeated’ over an Article 50 amendment in the House of Lords. Peers voted by a majority of over 100 to approve the amendment in question, which requires the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP CHF Exchange Rate falls as UK Manufacturing Slows

1 Mar 2017 at 2 PM - Written by Toni Johnson

The British Pound to Swiss Franc exchange rate continued to trend near the week’s lowest levels on Thursday afternoon. Sterling’s attempts to recover were limited by solid demand for ‘safe haven’ currencies. With Federal Reserve interest rate hike bets soaring in the US, investors began to speculate that the world’s biggest...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

1 Mar 2017 at 1 PM - Written by Frank Davies

The British Pound to US Dollar exchange rate remained near its worst levels since January on Thursday afternoon as the day’s UK construction data was not enough to make the Pound more appealing than the bullish US Dollar. Demand for the US Dollar was also improved by Thursday afternoon’s news that the number of new US jobless claims...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Pound Sterling Forecasts

USD to CAD Exchange Rate Edges Higher as Investors Await Trump Address

27 Feb 2017 at 1 PM - Written by Frank Davies

The US Dollar to Canadian Dollar exchange rate shed all of last week’s gains on Friday as Canada’s latest inflation results impressed. USD/CAD opened this week edging higher on Fed rate hike bets. USD/CAD ultimately trended flatly last week, slipping from 1.3095 to 1.3091. When markets opened on Monday, USD/CAD edged higher to around...

CATEGORIES: Currency Predictions

USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates

23 Feb 2017 at 4 PM - Written by Ben Hughes

The US Dollar to Canadian Dollar exchange rate trended flatly near the week’s opening levels on Friday afternoon after hitting a new weekly low of 1.3064. Demand for the Canadian Dollar improved following the publication of Canada’s impressive January Consumer Price Index (CPI) results. Year-on-year inflation rose from 1.2% to 2.1%...

CATEGORIES: Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate Tight after UK Trade Surplus Hits Record High, Article 50 Debate Continues

21 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to New Zealand Dollar exchange rate was able to limit its losses on Wednesday afternoon after UK growth results disappointed investors earlier in the day. Demand for risky currencies like the ‘Kiwi’ faded on Wednesday afternoon as investors awaited the publication of the Federal Reserve’s latest minutes report....

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

House of Lords Set to Debate Brexit Bill, GBP CAD Exchange Rate Rallies

20 Feb 2017 at 2 PM - Written by Ben Hughes

The GBP CAD exchange rate has rallied by around a cent from its starting levels today as investors are optimistic about the possibility of the House of Lords making amendments to the government's Article 50 legislation. Pound Canadian Dollar (GBP CAD) Climbs as Peers Debate Brexit Bill The Pound Canadian Dollar (GBP CAD) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

GBP NZD Exchange Rate Rallies after Fed Rate Hike Odds Damage NZD Demand

6 Mar 2017 at 4 PM - Written by Tim Boyer

On Tuesday afternoon the British Pound to New Zealand Dollar exchange rate continued to trend with a downside bias despite a drop in price for New Zealand’s most lucrative commodity. During the 07/03 Global Dairy Trade (GDT) auction, dairy prices dropped by -6.3% and hit their worst levels since October 2016, which could dampen demand...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP USD Exchange Rate Forecast to Fall on Incoming Fed Speeches

3 Mar 2017 at 1 PM - Written by Ben Hughes

Heavy GBP Losses Triggered by Slide in Services PMI The Pound is set to close trading against the US Dollar this week in a negative position, given the incoming US economic events. On the UK side, the latest decline has been caused by the services PMI for February, which has disappointed markets by showing a drop from 54.5 to 53.3, a...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP AUD Rally Seen after Shock Slide in Australian Trade Balance

2 Mar 2017 at 1 PM - Written by James Fuller

GBP Climbs against AUD despite Fears of Commons Bill Defeat The Pound has managed a 0.6% rise against the Australian Dollar today, which comes after the UK Government was ‘defeated’ over an Article 50 amendment in the House of Lords. Peers voted by a majority of over 100 to approve the amendment in question, which requires the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP CHF Exchange Rate falls as UK Manufacturing Slows

1 Mar 2017 at 2 PM - Written by Toni Johnson

The British Pound to Swiss Franc exchange rate continued to trend near the week’s lowest levels on Thursday afternoon. Sterling’s attempts to recover were limited by solid demand for ‘safe haven’ currencies. With Federal Reserve interest rate hike bets soaring in the US, investors began to speculate that the world’s biggest...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

1 Mar 2017 at 1 PM - Written by Frank Davies

The British Pound to US Dollar exchange rate remained near its worst levels since January on Thursday afternoon as the day’s UK construction data was not enough to make the Pound more appealing than the bullish US Dollar. Demand for the US Dollar was also improved by Thursday afternoon’s news that the number of new US jobless claims...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Pound Sterling Forecasts

USD to CAD Exchange Rate Edges Higher as Investors Await Trump Address

27 Feb 2017 at 1 PM - Written by Frank Davies

The US Dollar to Canadian Dollar exchange rate shed all of last week’s gains on Friday as Canada’s latest inflation results impressed. USD/CAD opened this week edging higher on Fed rate hike bets. USD/CAD ultimately trended flatly last week, slipping from 1.3095 to 1.3091. When markets opened on Monday, USD/CAD edged higher to around...

CATEGORIES: Currency Predictions

USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates

23 Feb 2017 at 4 PM - Written by Ben Hughes

The US Dollar to Canadian Dollar exchange rate trended flatly near the week’s opening levels on Friday afternoon after hitting a new weekly low of 1.3064. Demand for the Canadian Dollar improved following the publication of Canada’s impressive January Consumer Price Index (CPI) results. Year-on-year inflation rose from 1.2% to 2.1%...

CATEGORIES: Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate Tight after UK Trade Surplus Hits Record High, Article 50 Debate Continues

21 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to New Zealand Dollar exchange rate was able to limit its losses on Wednesday afternoon after UK growth results disappointed investors earlier in the day. Demand for risky currencies like the ‘Kiwi’ faded on Wednesday afternoon as investors awaited the publication of the Federal Reserve’s latest minutes report....

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

House of Lords Set to Debate Brexit Bill, GBP CAD Exchange Rate Rallies

20 Feb 2017 at 2 PM - Written by Ben Hughes

The GBP CAD exchange rate has rallied by around a cent from its starting levels today as investors are optimistic about the possibility of the House of Lords making amendments to the government's Article 50 legislation. Pound Canadian Dollar (GBP CAD) Climbs as Peers Debate Brexit Bill The Pound Canadian Dollar (GBP CAD) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts