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The foreign exchange market news is supplied by TorFX, a leading provider of foreign exchange services. |
Fri, 03 Se 2010 09
Daily Insight
Daily Foreign Exchange Rate Forecast – The Pound has weakened for a third straight day against the Euro
by Adam Solomon
Sterling / Euro and US Dollar
The Pound has weakened for a third straight day against the Euro, while the UK currency also declined against 15 out of the 16 most actively traded currencies, after a report from the Nationwide Building Society showed that UK house prices slumped by the most in six months [...]
| Fri, 03 Se 2010 08
GBP-NZD Update, New Zealand Dollar
New Zealand Dollar Foreign Exchange Rate Forecast – Sterling has had a bad week
by Jon Beddell
Foreign Currency Market Update – GBP / NZD Update
Sterling has had a bad week. After making a new high above 2.20 in August the Pound has been dented in recent days as investors start to price in the distinct possibility that the revised second quarter growth figure of 1.2% may mark the [...]
| Thu, 02 Se 2010 08
Daily Insight
Daily Foreign Exchange Rate Forecast – Pound declined against all of the 16 most actively traded currencies yesterday
by Adam Solomon
Sterling / Euro and US Dollar
The Pound declined against all of the 16 most actively traded currencies in early trading yesterday, as the UK currency tested key support around the 1.20 level versus the Euro. Sterling also dipped to lows near 1.5335 against the U.S Dollar, after a report from the Chartered Institute [...]
| Wed, 01 Se 2010 09
Daily Insight
Daily Foreign Exchange Rate Forecast – The Pound slumped below $1.54 against the U.S Dollar yesterday
by Adam Solomon
Sterling / Euro and US Dollar
The Pound slumped below $1.54 against the U.S Dollar yesterday, while UK government bonds rose, after further losses in global stocks boosted demand for fixed-income and the Dollar as a haven. The Pound stayed lower against the Dollar, as a report from the Bank of England showed that [...]
| Tue, 31 Au 2010 09
Daily Insight
Foreign Exchange Daily Forecast – The Pound rallied against the Euro yesterday
by Adam Solomon
Sterling / Euro and US Dollar
The Pound rallied against the Euro yesterday, rising above 1.2150, while the UK currency also made modest gains versus the majority of the 16 most actively traded currencies, with the exception of the U.S Dollar, which is gaining on risk sentiment. Sterling gained for a third straight day [...]
| Tue, 31 Au 2010 09
GBP-CAD Update, Canadian Dollar
Canadian Dollar Foreign Exchange Rate Forecast – Canadian second quarter growth figures due out today
by Jon Beddell
Foreign Currency Market Update – GBP / CAD Update
A slight upward revision to the UK’s second quarter GDP figures to 1.2% did little to lift Sterling last week as investors focus on the longer term impact of the government’s austerity measures. On the other side of the Atlantic the US suffered a [...]
| Tue, 31 Au 2010 08
GBP-ZAR Update, South African Rand
South African Rand Foreign Exchage Forecast – The market enjoys a relatively stable period
by Jon Beddell
Foreign Currency Market Update – GBP / ZAR Update
It’s not surprising to see this market enjoying a relatively stable period. The dominant theme in the markets right now is that there are two major currencies in play. The US dollar…and everything else! As evidence of a new economic slowdown continues [...]
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