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Daily Exchange Rate Forecasts & Currency News

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

British Pound Sterling Exchange Rate Forecast - Euro, Swiss Franc and the US Dollar

26 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK British Pound Sterling Exchange Rate Forecast - Euro, Swiss Franc and the US Dollar

The Bank of England’s monetary policy team came out in force yesterday to scotch market rumours suggesting that the next move from the Old Lady of Threadneedle Street might be an interest rate cut. Holders of the POUND STERLING (currency:GBP) were relieved to hear firstly Kristin Forbes and then David Miles publicly state that the next BoE...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Forecasting Renewed Gains for Pound to Euro Exchange Rate Before 2016

25 Mar 2015 at 11 PM - Written by John Cameron

STORY LINK Forecasting Renewed Gains for Pound to Euro Exchange Rate Before 2016

Comments from policysetters at some of the world’s leading central banks stole the headlines during today’s session in the global currency markets, but the major units have apparently been slow to factor them in. The European Central Bank’s executive member Peter Praet led the way earlier today with words which were mildly reassuring...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound to Indian Rupee Exchange Rate Firms on UK Mortgage Approvals Data

25 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Pound to Indian Rupee Exchange Rate Firms on UK Mortgage Approvals Data

The Pound firmed from the previous sessions decline against the Indian Rupee as the UK currency received support from a better than forecast report on UK mortgage approvals. The Indian currency meanwhile weakened due to an increased demand for US Dollars from the nation’s importers. Earlier in the week, the Pound had weakened against the...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound Advances against New Zealand Dollar (GBP/NZD) as NZ Trade Surplus Widens Less than Estimates Suggested

25 Mar 2015 at 10 PM - Written by Ben Hughes

STORY LINK Pound Advances against New Zealand Dollar (GBP/NZD) as NZ Trade Surplus Widens Less than Estimates Suggested

The Pound to New Zealand Dollar exchange rate recorded gains after New Zealand’s trade surplus came in lower than expected in February. The trade surplus reached only 50M after January’s 33M, despite much higher 350M estimates. The lower figure has been blamed on waning Chinese demand as well as weaker milk prices. The prices of...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

GBP/EUR & GBP/AUD Outlook: Near-Term Losses Forecast for Pound Sterling to Australian Dollar and Euro

25 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK GBP/EUR & GBP/AUD Outlook: Near-Term Losses Forecast for Pound Sterling to Australian Dollar and Euro

Britain’s Office of National Statistics has been measuring the Consumer Price Index since 1988; yesterday morning saw the benchmark gauge of the pace of UK price rises tumble to its lowest level since records began at 0.0%. This result means that, in theory at least, the cost of a wide-ranging basket of British goods was exactly the same...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Weakens against South African as UK inflation slumps to session low

24 Mar 2015 at 11 PM - Written by David Woodsmith

STORY LINK Pound Weakens against South African as UK inflation slumps to session low

The Pound fell by more than 0.80% against the South African Rand exchange rate after data showed that inflation in the UK fell to its lowest level on record by sliding to 0% in February. The weaker than expected report caused economists to raise their bets that the Bank of England will likely push any interest rate rise back further. The...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Falls versus Swiss Franc (GBP/CHF) after UK Inflation Softens Further than Estimated

24 Mar 2015 at 11 PM - Written by Frank Davies

STORY LINK Pound Falls versus Swiss Franc (GBP/CHF) after UK Inflation Softens Further than Estimated

The Pound slipped lower against the Swiss Franc on Tuesday when the UK’s level of inflation slipped below expectations. The UK’s Consumer Price Index hit 0.0% on the year in February, despite economists’ estimating a smaller dip from 0.3% to 0.1%. However, the fall wasn’t exactly a surprise, with the Bank of England suggesting...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Exchange Rate Forecast: GBP/EUR, GBP/USD and GBP/NZD Exchange Rates & Predictions

24 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK Pound Sterling Exchange Rate Forecast: GBP/EUR, GBP/USD and GBP/NZD Exchange Rates & Predictions

The British POUND STERLING (currency:GBP) endured a torrid day in the markets, losing almost 1.5% of its value against the euro and a similar amount against the Australian Dollar. Heavy hints from the Bank of England’s rate-setters suggesting that the next move for the Base Rate could be a downward one, held back Sterling in the day, but...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound to Canadian Dollar in tight range as oil prices fall

23 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Pound to Canadian Dollar in tight range as oil prices fall

Today's Canadian Dollar Exchange Rate Outlook Remains Firm as Oil Prices Continue to Fall The weakened Pound Sterling traded in a tight range against the Canadian Dollar as the North American currency was weighed upon by a report, which suggested that oil prices would struggle to rise back to the record high levels seen last year....

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Curre Forecasts

GBP/EUR: Minor Correction Forecast for Pound to Euro

23 Mar 2015 at 10 PM - Written by John Cameron

STORY LINK GBP/EUR: Minor Correction Forecast for Pound to Euro

Euro Exchange Rate Steady Despite Greece Germany Talks Greece’s hardline left wing leader Alex Tsipras is meeting German supremo Angela Merkel today as market rumours mount regarding liquidity problems in the debt-addled Hellenic state. The tete-a-tete could prove to be an awkward one for both parties given the recent history between...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

British Pound Sterling Exchange Rate Forecast - Euro, Swiss Franc and the US Dollar

26 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK British Pound Sterling Exchange Rate Forecast - Euro, Swiss Franc and the US Dollar

The Bank of England’s monetary policy team came out in force yesterday to scotch market rumours suggesting that the next move from the Old Lady of Threadneedle Street might be an interest rate cut. Holders of the POUND STERLING (currency:GBP) were relieved to hear firstly Kristin Forbes and then David Miles publicly state that the next BoE...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Forecasting Renewed Gains for Pound to Euro Exchange Rate Before 2016

25 Mar 2015 at 11 PM - Written by John Cameron

STORY LINK Forecasting Renewed Gains for Pound to Euro Exchange Rate Before 2016

Comments from policysetters at some of the world’s leading central banks stole the headlines during today’s session in the global currency markets, but the major units have apparently been slow to factor them in. The European Central Bank’s executive member Peter Praet led the way earlier today with words which were mildly reassuring...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound to Indian Rupee Exchange Rate Firms on UK Mortgage Approvals Data

25 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Pound to Indian Rupee Exchange Rate Firms on UK Mortgage Approvals Data

The Pound firmed from the previous sessions decline against the Indian Rupee as the UK currency received support from a better than forecast report on UK mortgage approvals. The Indian currency meanwhile weakened due to an increased demand for US Dollars from the nation’s importers. Earlier in the week, the Pound had weakened against the...

CATEGORIES: Currency Predictions Daily Currency Updates Indi Forecasts

Pound Advances against New Zealand Dollar (GBP/NZD) as NZ Trade Surplus Widens Less than Estimates Suggested

25 Mar 2015 at 10 PM - Written by Ben Hughes

STORY LINK Pound Advances against New Zealand Dollar (GBP/NZD) as NZ Trade Surplus Widens Less than Estimates Suggested

The Pound to New Zealand Dollar exchange rate recorded gains after New Zealand’s trade surplus came in lower than expected in February. The trade surplus reached only 50M after January’s 33M, despite much higher 350M estimates. The lower figure has been blamed on waning Chinese demand as well as weaker milk prices. The prices of...

CATEGORIES: Currency Predictions Daily Currency Updates New Forecasts

GBP/EUR & GBP/AUD Outlook: Near-Term Losses Forecast for Pound Sterling to Australian Dollar and Euro

25 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK GBP/EUR & GBP/AUD Outlook: Near-Term Losses Forecast for Pound Sterling to Australian Dollar and Euro

Britain’s Office of National Statistics has been measuring the Consumer Price Index since 1988; yesterday morning saw the benchmark gauge of the pace of UK price rises tumble to its lowest level since records began at 0.0%. This result means that, in theory at least, the cost of a wide-ranging basket of British goods was exactly the same...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Euro Forecasts Eur Forecasts

Pound Weakens against South African as UK inflation slumps to session low

24 Mar 2015 at 11 PM - Written by David Woodsmith

STORY LINK Pound Weakens against South African as UK inflation slumps to session low

The Pound fell by more than 0.80% against the South African Rand exchange rate after data showed that inflation in the UK fell to its lowest level on record by sliding to 0% in February. The weaker than expected report caused economists to raise their bets that the Bank of England will likely push any interest rate rise back further. The...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Falls versus Swiss Franc (GBP/CHF) after UK Inflation Softens Further than Estimated

24 Mar 2015 at 11 PM - Written by Frank Davies

STORY LINK Pound Falls versus Swiss Franc (GBP/CHF) after UK Inflation Softens Further than Estimated

The Pound slipped lower against the Swiss Franc on Tuesday when the UK’s level of inflation slipped below expectations. The UK’s Consumer Price Index hit 0.0% on the year in February, despite economists’ estimating a smaller dip from 0.3% to 0.1%. However, the fall wasn’t exactly a surprise, with the Bank of England suggesting...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Exchange Rate Forecast: GBP/EUR, GBP/USD and GBP/NZD Exchange Rates & Predictions

24 Mar 2015 at 9 AM - Written by John Cameron

STORY LINK Pound Sterling Exchange Rate Forecast: GBP/EUR, GBP/USD and GBP/NZD Exchange Rates & Predictions

The British POUND STERLING (currency:GBP) endured a torrid day in the markets, losing almost 1.5% of its value against the euro and a similar amount against the Australian Dollar. Heavy hints from the Bank of England’s rate-setters suggesting that the next move for the Base Rate could be a downward one, held back Sterling in the day, but...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Pound to Canadian Dollar in tight range as oil prices fall

23 Mar 2015 at 10 PM - Written by Tim Boyer

STORY LINK Pound to Canadian Dollar in tight range as oil prices fall

Today's Canadian Dollar Exchange Rate Outlook Remains Firm as Oil Prices Continue to Fall The weakened Pound Sterling traded in a tight range against the Canadian Dollar as the North American currency was weighed upon by a report, which suggested that oil prices would struggle to rise back to the record high levels seen last year....

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Curre Forecasts

GBP/EUR: Minor Correction Forecast for Pound to Euro

23 Mar 2015 at 10 PM - Written by John Cameron

STORY LINK GBP/EUR: Minor Correction Forecast for Pound to Euro

Euro Exchange Rate Steady Despite Greece Germany Talks Greece’s hardline left wing leader Alex Tsipras is meeting German supremo Angela Merkel today as market rumours mount regarding liquidity problems in the debt-addled Hellenic state. The tete-a-tete could prove to be an awkward one for both parties given the recent history between...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

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