Currency News

Daily Exchange Rate Forecasts & Currency News

More Currency Predictions Continued - page 48

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

Fears for Italian Banking Sector Weigh on EUR GBP Exchange Rate Outlook

8 Aug 2016 at 8 AM - Written by Ben Hughes

UK Economic Concerns Send GBP/EUR Exchange Rate to Multi-Year Lows European investors have focussed on the UK economy's woes in the weeks which have followed the June 23rd decision by UK voters to leave the European Union, sending the Pound Sterling euro exchange rate GBP EUR down to its lowest level in well over three years in the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Bank of England Turns Down the QE Quality Dial and the Pound Sterling Suffers

5 Aug 2016 at 10 AM - Written by Ben Hughes

Extensive Stimulus from the BoE Weighs on Pound Sterling (GBP) Exchange Rates Given that it has been around since the year 1694, yesterday’s decision by the Bank of England (BoE) to cut its benchmark interest rate to a new record low of 0.25% was always going to be a headline-grabber. However, the technical information contained in the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Currency Newsflash : Bank of England Cuts Interest Rates and Ramps Up QE ? Pound Sterling Forecast to Slump

4 Aug 2016 at 1 PM - Written by John Cameron

BoE Cuts Borrowing Costs, Pound Sterling (GBP) Exchange Rates Fall Today In one of the most widely anticipated moves of recent years by a central bank, the Bank of England (BoE) announced a short time ago that it would be trimming its headline interest rate to a fresh record low of 0.25%. Base Rate had been at its previous record low of...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Outlook Remains Neutral Ahead of Bank of England Interest Rate Announcement

4 Aug 2016 at 8 AM - Written by David Woodsmith

UK Headed for Recession But Pound Sterling (GBP) Exchange Rates Steady The latest surveys from leading polling company Markit, published yesterday, suggested that the UK economy is heading for a recession. Markit explained quite how bad the result of its benchmark tertiary sector version of the UK Purchasing Manager Index in its...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP NZD Exchange Rate Slumps on Dairy Auction Results

3 Aug 2016 at 8 AM - Written by Frank Davies

New Zealand Dollar Exchange Rates Supported by Dairy Price Gains The middle part of yesterday’s European session brought the publication of a highly positive data release for the New Zealand Dollar (currency : NZD). The latest online GlobalDairyTrade auction results showed a hefty 6.6% jump in the average hammer price compared to the...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

Pound Sterling Australian Dollar Exchange Rate Forecast Turns Negative on RBA Announcement

2 Aug 2016 at 4 PM - Written by John Cameron

RBA Rate Cut Fails to Keep Australian Dollar (AUD) Exchange Rates Depressed Last night’s decision by the Reserve Bank of Australia (RBA) to cut its benchmark interest rate to a fresh record low of 1.50% was largely expected by investors. In a clear case of placing the cart before the horse, the Australian Dollar (currency : AUD) barely...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Worst UK Manufacturing PMI Since 2013 Hits Pound Sterling (GBP) Forecast

2 Aug 2016 at 8 AM - Written by Toni Johnson

Brexit Decision Impacts UK Economy and Weighs on Pound Sterling (GBP) Rates The evidence is mounting that the UK economy has been hard hit by June’s decision by the British electorate to vote to leave the European Union. The latest Purchasing Manager Index survey, published by Markit / CIPS yesterday morning, revealed that the...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Today's Currency News: Pound Sterling, US Dollar, Japanese Yen Forecasts

29 Jul 2016 at 4 PM - Written by James Fuller

BoJ Policy Statement Impacts Japanese Yen (JPY), US Dollar Exchange Rates Last night’s monetary policy announcement from the Bank of Japan (BoJ) clearly laid the blame for increased uncertainty in the global markets at the feet of the UK electorate. The policy statement noted that, ‘Against the backdrop of the United Kingdom's...

CATEGORIES: Currency Predictions Daily Currency Updates Japa Forecasts

Pound Sterling FX Exchange Rate Forecast vs USD EUR JPY

28 Jul 2016 at 4 PM - Written by John Cameron

Negative Outlook for Pound Sterling (GBP) Remains on Weak UK Data The POUND STERLING (currency : GBP) failed to record any tangible gains following yesterday’s better than anticipated UK GDP data for the three months up until the end of June. Investors instead focussed on the alarming Flash PMI survey released a few days ago which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Federal Reserve Holds Rate ? GBP USD Exchange Rate Forecast Improves

28 Jul 2016 at 8 AM - Written by Minesh Chaudhari

Federal Reserve Holds Interest Rates, GBP USD Exchange Rate Firms As anticipated, the US Federal Reserve decided to maintain the benchmark cost of borrowing Stateside at its current level of 0.50%. However, the tone of the policy statement which accompanied the announcement was generally adjudged to be relatively hawkish – a factor which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Fears for Italian Banking Sector Weigh on EUR GBP Exchange Rate Outlook

8 Aug 2016 at 8 AM - Written by Ben Hughes

UK Economic Concerns Send GBP/EUR Exchange Rate to Multi-Year Lows European investors have focussed on the UK economy's woes in the weeks which have followed the June 23rd decision by UK voters to leave the European Union, sending the Pound Sterling euro exchange rate GBP EUR down to its lowest level in well over three years in the...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Bank of England Turns Down the QE Quality Dial and the Pound Sterling Suffers

5 Aug 2016 at 10 AM - Written by Ben Hughes

Extensive Stimulus from the BoE Weighs on Pound Sterling (GBP) Exchange Rates Given that it has been around since the year 1694, yesterday’s decision by the Bank of England (BoE) to cut its benchmark interest rate to a new record low of 0.25% was always going to be a headline-grabber. However, the technical information contained in the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Currency Newsflash : Bank of England Cuts Interest Rates and Ramps Up QE ? Pound Sterling Forecast to Slump

4 Aug 2016 at 1 PM - Written by John Cameron

BoE Cuts Borrowing Costs, Pound Sterling (GBP) Exchange Rates Fall Today In one of the most widely anticipated moves of recent years by a central bank, the Bank of England (BoE) announced a short time ago that it would be trimming its headline interest rate to a fresh record low of 0.25%. Base Rate had been at its previous record low of...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Outlook Remains Neutral Ahead of Bank of England Interest Rate Announcement

4 Aug 2016 at 8 AM - Written by David Woodsmith

UK Headed for Recession But Pound Sterling (GBP) Exchange Rates Steady The latest surveys from leading polling company Markit, published yesterday, suggested that the UK economy is heading for a recession. Markit explained quite how bad the result of its benchmark tertiary sector version of the UK Purchasing Manager Index in its...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

GBP NZD Exchange Rate Slumps on Dairy Auction Results

3 Aug 2016 at 8 AM - Written by Frank Davies

New Zealand Dollar Exchange Rates Supported by Dairy Price Gains The middle part of yesterday’s European session brought the publication of a highly positive data release for the New Zealand Dollar (currency : NZD). The latest online GlobalDairyTrade auction results showed a hefty 6.6% jump in the average hammer price compared to the...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

Pound Sterling Australian Dollar Exchange Rate Forecast Turns Negative on RBA Announcement

2 Aug 2016 at 4 PM - Written by John Cameron

RBA Rate Cut Fails to Keep Australian Dollar (AUD) Exchange Rates Depressed Last night’s decision by the Reserve Bank of Australia (RBA) to cut its benchmark interest rate to a fresh record low of 1.50% was largely expected by investors. In a clear case of placing the cart before the horse, the Australian Dollar (currency : AUD) barely...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Worst UK Manufacturing PMI Since 2013 Hits Pound Sterling (GBP) Forecast

2 Aug 2016 at 8 AM - Written by Toni Johnson

Brexit Decision Impacts UK Economy and Weighs on Pound Sterling (GBP) Rates The evidence is mounting that the UK economy has been hard hit by June’s decision by the British electorate to vote to leave the European Union. The latest Purchasing Manager Index survey, published by Markit / CIPS yesterday morning, revealed that the...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Today's Currency News: Pound Sterling, US Dollar, Japanese Yen Forecasts

29 Jul 2016 at 4 PM - Written by James Fuller

BoJ Policy Statement Impacts Japanese Yen (JPY), US Dollar Exchange Rates Last night’s monetary policy announcement from the Bank of Japan (BoJ) clearly laid the blame for increased uncertainty in the global markets at the feet of the UK electorate. The policy statement noted that, ‘Against the backdrop of the United Kingdom's...

CATEGORIES: Currency Predictions Daily Currency Updates Japa Forecasts

Pound Sterling FX Exchange Rate Forecast vs USD EUR JPY

28 Jul 2016 at 4 PM - Written by John Cameron

Negative Outlook for Pound Sterling (GBP) Remains on Weak UK Data The POUND STERLING (currency : GBP) failed to record any tangible gains following yesterday’s better than anticipated UK GDP data for the three months up until the end of June. Investors instead focussed on the alarming Flash PMI survey released a few days ago which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Federal Reserve Holds Rate ? GBP USD Exchange Rate Forecast Improves

28 Jul 2016 at 8 AM - Written by Minesh Chaudhari

Federal Reserve Holds Interest Rates, GBP USD Exchange Rate Firms As anticipated, the US Federal Reserve decided to maintain the benchmark cost of borrowing Stateside at its current level of 0.50%. However, the tone of the policy statement which accompanied the announcement was generally adjudged to be relatively hawkish – a factor which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts