The Euro struggled to stem the losses yesterday and found a degree of support in the region of 1.30 against the U.S Dollar. Sterling / Euro and US Dollar exchange rates The Pound declined from an 8 month high against the U.S Dollar, trading back under pivotal support at 1.6170, after a report showed that [...]
Daily Exchange Rate Forecasts
Daily Insight Category
The Pound declined from an 8 month high against the U.S Dollar
Wednesday, May 9th, 2012The Pound declined for a fourth consecutive day against the U.S Dollar
Tuesday, May 8th, 2012The Euro encountered strong resistance close to the 1.3160 level ahead of the ECB meeting and drifted lower following Draghi’s comments. Sterling / Euro and US Dollar exchange rates Following on from last week, the Pound declined for a fourth consecutive day against the U.S Dollar on Thursday, as a report yesterday showed that growth [...]
The Pound declined for a fourth consecutive day against the U.S Dollar
Friday, May 4th, 2012The Euro encountered strong resistance close to the 1.3160 level ahead of the ECB meeting and drifted lower following Draghi’s comments. Sterling / Euro and US Dollar exchange rates The Pound declined for a fourth consecutive day against the U.S Dollar, as a report yesterday showed that growth in UK services industries slowed by more [...]
The Pound hit resistance in the region of 1.6230 against the Dollar and traded as low as 1.6160
Thursday, May 3rd, 2012The Euro was again subjected to heavy selling pressure yesterday due to a combination of fundamental and technical factors. Sterling / Euro and US Dollar exchange rates The Pound bounced back from the disappointment of the manufacturing PMI data on Tuesday to strengthen by the most in more than a week against the Euro, rising [...]
The Pound declined from a 22-month high against the Euro yesterday
Wednesday, May 2nd, 2012The Euro challenged resistance levels in the region of 1.3250 against the Dollar and pushed briefly to a one-month high before drifting weaker towards the close of trading in Europe last night. Sterling / Euro and US Dollar exchange rates The Pound declined from a 22-month high against the Euro yesterday, while the UK currency [...]
The Pound has remained resilient
Tuesday, May 1st, 2012The Euro encountered strong resistance in the region of 1.3250 against the U.S Dollar and drifted weaker through the course of the day. Sterling / Euro and US Dollar exchange rates The Pound has remained resilient following the surprise announcement last week that the UK economy slumped into a technical recession during the first quarter. [...]
The Pound surged above 1.62 against the U.S Dollar
Monday, April 30th, 2012The Euro declined last week and extended a monthly loss against the Dollar and the Yen, after a downgrade in Spain’s credit rating increased concerns that the systemic debt crisis engulfing much of Europe is spreading at a faster rate. Sterling / Euro and US Dollar exchange rates Following on from last week, the Pound [...]
The Pound surged above 1.62 against the U.S Dollar yesterday
Friday, April 27th, 2012The Euro declined yesterday and extended a monthly loss against the Dollar and the Yen. Sterling / Euro and US Dollar exchange rates The Pound surged above 1.62 against the U.S Dollar yesterday, breaking through significant resistance in the region of 1.6170, as a report showed that consumer confidence rose to the highest level since [...]
The Pound declined against the majors
Thursday, April 26th, 2012Pound to Euro, US Dollar Exchange Rate: The Pound declined against the majors The Pound declined against the majors yesterday, as the market reacted to the news that the UK economy contracted in the first quarter by 0.2% in the preliminary figures released yesterday morning. The -0.2% result has come as a major shock with [...]
The Pound maintained its recent gains against the Euro and the U.S Dollar
Wednesday, April 25th, 2012The Pound maintained its recent gains against the Euro and the U.S Dollar yesterday. The Pound maintained its recent gains against the Euro and the U.S Dollar yesterday, remaining above 1.22 and 1.61 respectively, while the UK currency also took advantage of renewed weakness in the Australian and New Zealand Dollars. There is widespread speculation [...]
© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.
Archives
- 2012: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2011: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2010: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2005: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
