Exchange Rate Forecasts

Posts Tagged ‘Daily Insight’

Sterling, US Dollar and Euro Exchange Rate: The Pound lost ground against the Euro yesterday

Wednesday, February 8th, 2012

The Euro exchange rate found support in the region of 1.31 against the U.S Dollar. Sterling / Euro and US Dollar exchange rates The Pound lost ground against the Euro exchange rate yesterday, losing about a cent on the day, while the UK currency also sank to a fresh 27-year low versus the Australian Dollar [...]

Sterling, US Dollar and Euro Exchange Rate: The Pound continued its advance against the Euro

Tuesday, February 7th, 2012

The Euro struggled to stem the losses against the majors yesterday and fell to a low in the region of 1.3020 by midday on Monday. Sterling / Euro and US Dollar exchange rates The Pound continued its advance against the Euro exchange rate yesterday but the UK currency declined for a second day versus the [...]

Sterling, US Dollar and Euro Exchange Rate: The Pound maintained a firm tone against the Dollar and pushed to highs above 1.20 versus the Euro

Monday, February 6th, 2012

The Euro recorded a weekly decline against the Dollar and the Yen, as Greece and its creditors struggled to reach an agreement on a debt swap deal. Sterling / Euro and US Dollar exchange rates Following on from last week, The Pound received a timely boost as a gauge of UK manufacturing unexpectedly showed that [...]

The Pound advanced against the Euro and remained close to a 10-week high versus the U.S Dollar

Friday, February 3rd, 2012

The Euro is heading towards a weekly decline against the Dollar and the Yen. by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound advanced against the Euro exchange rate and remained close to a 10-week high versus the U.S Dollar, despite a report yesterday, which showed that UK construction output slowed [...]

The Pound received a timely boost yesterday

Thursday, February 2nd, 2012

The Euro continued to gain ground against the U.S Dollar yesterday and worked up towards near-term resistance at 1.32. by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound received a timely boost yesterday as a gauge of UK manufacturing unexpectedly showed that growth returned to the sector in January and rose [...]

The Pound rose to the highest level against the U.S Dollar

Wednesday, February 1st, 2012

The Euro remained relatively unchanged against the Dollar in early trading yesterday and challenged resistance levels above the 1.32 level before losing momentum. by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound rose to the highest level against the U.S Dollar in almost three months, peaking at a high just under [...]

The Pound declined against the U.S Dollar yesterday

Tuesday, January 31st, 2012

The Euro remained largely on the back foot against the U.S Dollar yesterday, dipping to lows in the region of 1.3070. by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound declined against the U.S Dollar yesterday, led by a decline in risk appetite, while the UK currency edged higher versus the [...]

The Pound declined to a low of 1.1840 against the Euro

Monday, January 30th, 2012

The U.S Dollar weakened against all of the 16 most actively traded currencies last week, as the Federal Reserve’s pledged to keep interest rates at a record low for longer than expected helped spur investor demand for higher-yielding currencies. by Adam Solomon Sterling / Euro and US Dollar exchange rates Following on from last week, [...]

The Pound found support in the region of 1.5650 against the U.S Dollar

Friday, January 27th, 2012

The Pound is still reeling from Wednesday’s preliminary GDP figures for the fourth quarter. by Adam Solomon Sterling / Euro and US Dollar exchange rates The Pound found support in the region of 1.5650 against the U.S Dollar and briefly pushed to a fresh two-week high at 1.5720, before selling off towards the close of [...]

The Pound made gains against the US Dollar Exchange Rate, growing to 1.569

Thursday, January 26th, 2012

The target rate for inflation is 2.0% but currently stands at 1.7% and unemployment is currently above 8.0%. Sterling / Euro and US Dollar exchange rates A dovish Fed Press Conference in the US frees the Eurozone from the headlines but the US Dollar replaces the Euro in the cage of concern. US Central Bank [...]


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