Currency News

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More Currency Predictions Continued - page 35

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

USD Weakens, Pound US Dollar Exchange Rate Climbs

30 Dec 2016 at 12 PM - Written by Minesh Chaudhari

STORY LINK USD Weakens, Pound US Dollar Exchange Rate Climbs

The Pound to US Dollar exchange rate fluctuated for most of the week but by Friday the pair was edging above the week’s opening levels. The final trade day of 2016 was largely corrective trading with a lack of fresh driving factors. GBP/USD tested the level of 1.23 on Friday but was largely unable to hold above that level. The exchange...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP CAD Exchange Rate Volatile as Britain Faces ?Decade of Disruption?

29 Dec 2016 at 1 PM - Written by Ben Hughes

STORY LINK GBP CAD Exchange Rate Volatile as Britain Faces ?Decade of Disruption?

The Pound to Canadian Dollar exchange rate fluctuated as the final week of 2016 drew to a close, but due to waning demand for risk-correlated currencies the pair ended the week relatively close to its opening levels. Overall in 2016 GBP/CAD lost around 40 cents in value. It could continue to fall in the New Year if early results from...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

19 Dec 2016 at 4 PM - Written by Tim Boyer

STORY LINK Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

The Pound to Australian Dollar exchange rate continued to trend with a downside bias on Tuesday afternoon, edging lower due to the latest Brexit comments from UK Prime Minister Theresa May. While the ‘Aussie’ remained weak on leftover risk-off movement from the Federal Reserve’s hawkishness, Sterling was the weaker currency on...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Cur Forecasts

Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

19 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May. May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Australian Dollar Rate Forecast: Fed Bets Weigh on AUD Trade

16 Dec 2016 at 1 PM - Written by Minesh Chaudhari

STORY LINK Pound Australian Dollar Rate Forecast: Fed Bets Weigh on AUD Trade

The Pound Australian Dollar exchange rate has risen by around a cent on Friday as markets continue to shun the high-yield Australian Dollar following the Federal Reserve’s rate hike on Wednesday. Pound (GBP) Rises as Aussie is Weakened by Hawkish Fed Forecasts The British pound rallied this morning as a strengthening US Dollar (USD)...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

EUR/USD Rebounding from Near Decade-and-a-Half-Low

16 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK EUR/USD Rebounding from Near Decade-and-a-Half-Low

Profit-taking is allowing the EUR/USD exchange rate to advance today after hitting a 14-year low on the back of an improved Federal Reserve outlook on monetary policy going into 2017. On-Forecast Inflation Data Boosts Euro to US Dollar Exchange Rates EUR/USD is accelerating away from a 14-year low today, boosted by a combination of...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling (GBP) to US Dollar (USD) Slumps as Fed Takes on Hawkish 2017 Outlook

15 Dec 2016 at 2 PM - Written by Ben Hughes

STORY LINK Pound Sterling (GBP) to US Dollar (USD) Slumps as Fed Takes on Hawkish 2017 Outlook

The Pound to US Dollar exchange rate struggled to recover on Friday afternoon as American markets opened and the US Dollar increased in strength. This was despite the day’s US ecostats coming in well below expectations. US housing start figures for November came in at -18.7% month-on-month while building permits came in at a low...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP/CAD Slides after Disappointing UK Labour Data

14 Dec 2016 at 1 PM - Written by Ben Hughes

STORY LINK GBP/CAD Slides after Disappointing UK Labour Data

The Pound to Canadian Dollar exchange rate fluctuated in a wider region on Thursday afternoon, as the day’s Bank of England (BoE) meeting disappointed investors and left the Pound increasingly volatile. The bank’s policymakers indicated that higher inflation in 2017 would not be enough to pressure the bank into tightening monetary...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

13 Dec 2016 at 3 PM - Written by Frank Davies

STORY LINK Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

GBP AUD Exchange Rate Firmed by Unexpected Rise in UK Inflation The Pound has been in demand against the Australian Dollar today, thanks to the earlier UK inflation rate figures for November rising above forecasts. While an advance from 0.9% to 1% on the year had been predicted anyway, the annual rise to 1.2% turned the Pound bullish...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Cur Forecasts

Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

13 Dec 2016 at 2 PM - Written by Toni Johnson

STORY LINK Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

The Pound to US Dollar exchange rate succeeded in holding its Monday gains and continued edging higher thanks to the day’s solid UK Consumer Price Index (CPI) results. Expectations of a Fed rate hike kept the ‘Greenback’ firm. GBP/USD has gained over a cent since markets opened this week. On Monday, GBP/USD climbed from opening...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

USD Weakens, Pound US Dollar Exchange Rate Climbs

30 Dec 2016 at 12 PM - Written by Minesh Chaudhari

STORY LINK USD Weakens, Pound US Dollar Exchange Rate Climbs

The Pound to US Dollar exchange rate fluctuated for most of the week but by Friday the pair was edging above the week’s opening levels. The final trade day of 2016 was largely corrective trading with a lack of fresh driving factors. GBP/USD tested the level of 1.23 on Friday but was largely unable to hold above that level. The exchange...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP CAD Exchange Rate Volatile as Britain Faces ?Decade of Disruption?

29 Dec 2016 at 1 PM - Written by Ben Hughes

STORY LINK GBP CAD Exchange Rate Volatile as Britain Faces ?Decade of Disruption?

The Pound to Canadian Dollar exchange rate fluctuated as the final week of 2016 drew to a close, but due to waning demand for risk-correlated currencies the pair ended the week relatively close to its opening levels. Overall in 2016 GBP/CAD lost around 40 cents in value. It could continue to fall in the New Year if early results from...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions

Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

19 Dec 2016 at 4 PM - Written by Tim Boyer

STORY LINK Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

The Pound to Australian Dollar exchange rate continued to trend with a downside bias on Tuesday afternoon, edging lower due to the latest Brexit comments from UK Prime Minister Theresa May. While the ‘Aussie’ remained weak on leftover risk-off movement from the Federal Reserve’s hawkishness, Sterling was the weaker currency on...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Cur Forecasts

Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

19 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK Fears for Future UK/EU Relationship Weigh on Pound Euro Trading

The Pound to Euro exchange rate slipped on Tuesday afternoon. While it spent most of the day fluctuating, it was weakened later in the day by the latest Brexit comments from UK Prime Minister Theresa May. May refused to confirm that she would allow MPs a vote on the final Brexit plan and also indicated that the UK government may ignore...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Australian Dollar Rate Forecast: Fed Bets Weigh on AUD Trade

16 Dec 2016 at 1 PM - Written by Minesh Chaudhari

STORY LINK Pound Australian Dollar Rate Forecast: Fed Bets Weigh on AUD Trade

The Pound Australian Dollar exchange rate has risen by around a cent on Friday as markets continue to shun the high-yield Australian Dollar following the Federal Reserve’s rate hike on Wednesday. Pound (GBP) Rises as Aussie is Weakened by Hawkish Fed Forecasts The British pound rallied this morning as a strengthening US Dollar (USD)...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

EUR/USD Rebounding from Near Decade-and-a-Half-Low

16 Dec 2016 at 11 AM - Written by John Cameron

STORY LINK EUR/USD Rebounding from Near Decade-and-a-Half-Low

Profit-taking is allowing the EUR/USD exchange rate to advance today after hitting a 14-year low on the back of an improved Federal Reserve outlook on monetary policy going into 2017. On-Forecast Inflation Data Boosts Euro to US Dollar Exchange Rates EUR/USD is accelerating away from a 14-year low today, boosted by a combination of...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling (GBP) to US Dollar (USD) Slumps as Fed Takes on Hawkish 2017 Outlook

15 Dec 2016 at 2 PM - Written by Ben Hughes

STORY LINK Pound Sterling (GBP) to US Dollar (USD) Slumps as Fed Takes on Hawkish 2017 Outlook

The Pound to US Dollar exchange rate struggled to recover on Friday afternoon as American markets opened and the US Dollar increased in strength. This was despite the day’s US ecostats coming in well below expectations. US housing start figures for November came in at -18.7% month-on-month while building permits came in at a low...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP/CAD Slides after Disappointing UK Labour Data

14 Dec 2016 at 1 PM - Written by Ben Hughes

STORY LINK GBP/CAD Slides after Disappointing UK Labour Data

The Pound to Canadian Dollar exchange rate fluctuated in a wider region on Thursday afternoon, as the day’s Bank of England (BoE) meeting disappointed investors and left the Pound increasingly volatile. The bank’s policymakers indicated that higher inflation in 2017 would not be enough to pressure the bank into tightening monetary...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

13 Dec 2016 at 3 PM - Written by Frank Davies

STORY LINK Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

GBP AUD Exchange Rate Firmed by Unexpected Rise in UK Inflation The Pound has been in demand against the Australian Dollar today, thanks to the earlier UK inflation rate figures for November rising above forecasts. While an advance from 0.9% to 1% on the year had been predicted anyway, the annual rise to 1.2% turned the Pound bullish...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Cur Forecasts

Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

13 Dec 2016 at 2 PM - Written by Toni Johnson

STORY LINK Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

The Pound to US Dollar exchange rate succeeded in holding its Monday gains and continued edging higher thanks to the day’s solid UK Consumer Price Index (CPI) results. Expectations of a Fed rate hike kept the ‘Greenback’ firm. GBP/USD has gained over a cent since markets opened this week. On Monday, GBP/USD climbed from opening...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

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