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More Currency Predictions Continued - page 34

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

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

11 Jan 2017 at 11 AM - Written by Toni Johnson

STORY LINK Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

10 Jan 2017 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

The Pound to Euro exchange rate continued to trend relatively tightly on Wednesday afternoon, but was largely unable to hold its best daily levels. Markets turned their attention to a press conference held by US President-elect Donald Trump, leaving the Pound and Euro even limper. The pair could fall again in the coming days if investors...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

GBP INR Exchange Rate Plummets as Theresa May Hints at ?Hard Brexit'

9 Jan 2017 at 1 PM - Written by James Fuller

STORY LINK GBP INR Exchange Rate Plummets as Theresa May Hints at ?Hard Brexit'

The Pound to Indian Rupee exchange rate climbed out of its worst weekly levels on Tuesday afternoon as the week’s Sterling bearishness faded, as did demand for risk-correlated currencies like the Rupee. Comments from the leader of the UK’s Labour party, Jeremy Corbyn, advocating for EU single market access boosted hopes from investors...

CATEGORIES: Currency Predictions Pound Rupee Forecasts

Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

6 Jan 2017 at 2 PM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

GBP EUR Exchange Rate Recap: Major Pound Losses Follow Haldane’s BoE Forecast The Pound has shed any gains recorded against the Euro on Thursday after the positive services PMI result, and has instead slumped by -0.3% against the Euro. The source of the waning demand for GBP has been Bank of England (BoE) official Andy Haldane, who in...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

6 Jan 2017 at 11 AM - Written by John Cameron

STORY LINK Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

A modest improvement in the Swiss Consumer Price Index weighed on the Pound Sterling Swiss Franc (GBP CHF) exchange rate, even though domestic inflationary pressure remains a long way short of the Swiss National Bank’s (SNB) target. Strong UK PMIs Failed to Prevent GBP CHF Downtrend Confidence in the resilience of the UK economy was...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

5 Jan 2017 at 2 PM - Written by Ben Hughes

STORY LINK Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

The Euro to US Dollar exchange rate fell from its best levels on Friday afternoon as the latest US Non-Farm Payroll results left traders optimistic about the US economy in 2017. While the job market didn’t increase as much as expected in December 2016, the increase in jobs was close enough to forecasts to not be concerning and some...

CATEGORIES: Currency Predictions Euro Forecasts

Strong UK Data Doesn't Prevent GBP AUD Losses

5 Jan 2017 at 12 PM - Written by John Cameron

STORY LINK Strong UK Data Doesn't Prevent GBP AUD Losses

The Pound to Australian Dollar exchange rate continued to plunge on Friday afternoon as risk-sentiment remained strong despite an increase in demand for the US Dollar. If prices of iron ore begin to fall in the coming week as many forecasters believe it will, the Australian Dollar could be undermined and GBP/AUD could register some solid...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Ste Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

4 Jan 2017 at 4 PM - Written by Toni Johnson

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

The Pound to Canadian Dollar exchange rate failed to recover from its worst levels since October 2016 on Thursday afternoon, as the ‘Loonie’ continued to be boosted by the latest oil news. Prices of brent crude oil gained almost 1% throughout the day to reach US$56.95 per barrel, and with OPEC’s oil output cap plans taking effect...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

UK Data Helps Pound US Dollar Exchange Rate Recover from Lows

4 Jan 2017 at 11 AM - Written by Frank Davies

STORY LINK UK Data Helps Pound US Dollar Exchange Rate Recover from Lows

The Pound to US Dollar exchange rate tested its weekly best levels on Thursday afternoon as the US Dollar was sold ahead of Friday’s session. Friday’s US Non-Farm Payroll report will be the final one before President-elect Donald Trump takes office on the 20th, and as a result is being seen as a vital show of how the job market is...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

3 Jan 2017 at 10 AM - Written by Tim Boyer

STORY LINK Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

The Pound to US Dollar exchange rate continued its modest recovery attempt on Wednesday afternoon but if the evening’s Fed minutes report impresses traders it may give up its gains quickly. Thursday will see the publication of UK and US services and composite PMIs, from Markit and ISM respectively. UK services PMI in particular could...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

11 Jan 2017 at 11 AM - Written by Toni Johnson

STORY LINK Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

10 Jan 2017 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

The Pound to Euro exchange rate continued to trend relatively tightly on Wednesday afternoon, but was largely unable to hold its best daily levels. Markets turned their attention to a press conference held by US President-elect Donald Trump, leaving the Pound and Euro even limper. The pair could fall again in the coming days if investors...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

GBP INR Exchange Rate Plummets as Theresa May Hints at ?Hard Brexit'

9 Jan 2017 at 1 PM - Written by James Fuller

STORY LINK GBP INR Exchange Rate Plummets as Theresa May Hints at ?Hard Brexit'

The Pound to Indian Rupee exchange rate climbed out of its worst weekly levels on Tuesday afternoon as the week’s Sterling bearishness faded, as did demand for risk-correlated currencies like the Rupee. Comments from the leader of the UK’s Labour party, Jeremy Corbyn, advocating for EU single market access boosted hopes from investors...

CATEGORIES: Currency Predictions Pound Rupee Forecasts

Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

6 Jan 2017 at 2 PM - Written by Ben Hughes

STORY LINK Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

GBP EUR Exchange Rate Recap: Major Pound Losses Follow Haldane’s BoE Forecast The Pound has shed any gains recorded against the Euro on Thursday after the positive services PMI result, and has instead slumped by -0.3% against the Euro. The source of the waning demand for GBP has been Bank of England (BoE) official Andy Haldane, who in...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

6 Jan 2017 at 11 AM - Written by John Cameron

STORY LINK Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

A modest improvement in the Swiss Consumer Price Index weighed on the Pound Sterling Swiss Franc (GBP CHF) exchange rate, even though domestic inflationary pressure remains a long way short of the Swiss National Bank’s (SNB) target. Strong UK PMIs Failed to Prevent GBP CHF Downtrend Confidence in the resilience of the UK economy was...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

5 Jan 2017 at 2 PM - Written by Ben Hughes

STORY LINK Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

The Euro to US Dollar exchange rate fell from its best levels on Friday afternoon as the latest US Non-Farm Payroll results left traders optimistic about the US economy in 2017. While the job market didn’t increase as much as expected in December 2016, the increase in jobs was close enough to forecasts to not be concerning and some...

CATEGORIES: Currency Predictions Euro Forecasts

Strong UK Data Doesn't Prevent GBP AUD Losses

5 Jan 2017 at 12 PM - Written by John Cameron

STORY LINK Strong UK Data Doesn't Prevent GBP AUD Losses

The Pound to Australian Dollar exchange rate continued to plunge on Friday afternoon as risk-sentiment remained strong despite an increase in demand for the US Dollar. If prices of iron ore begin to fall in the coming week as many forecasters believe it will, the Australian Dollar could be undermined and GBP/AUD could register some solid...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Ste Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

4 Jan 2017 at 4 PM - Written by Toni Johnson

STORY LINK Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

The Pound to Canadian Dollar exchange rate failed to recover from its worst levels since October 2016 on Thursday afternoon, as the ‘Loonie’ continued to be boosted by the latest oil news. Prices of brent crude oil gained almost 1% throughout the day to reach US$56.95 per barrel, and with OPEC’s oil output cap plans taking effect...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

UK Data Helps Pound US Dollar Exchange Rate Recover from Lows

4 Jan 2017 at 11 AM - Written by Frank Davies

STORY LINK UK Data Helps Pound US Dollar Exchange Rate Recover from Lows

The Pound to US Dollar exchange rate tested its weekly best levels on Thursday afternoon as the US Dollar was sold ahead of Friday’s session. Friday’s US Non-Farm Payroll report will be the final one before President-elect Donald Trump takes office on the 20th, and as a result is being seen as a vital show of how the job market is...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

3 Jan 2017 at 10 AM - Written by Tim Boyer

STORY LINK Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

The Pound to US Dollar exchange rate continued its modest recovery attempt on Wednesday afternoon but if the evening’s Fed minutes report impresses traders it may give up its gains quickly. Thursday will see the publication of UK and US services and composite PMIs, from Markit and ISM respectively. UK services PMI in particular could...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

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