Posts tagged as: currency market

METALS OUTLOOK: European Elections, U.S. Dollar Action May Influence Gold Next Week




By Debbie Carlson Of Kitco News http://www.kitco.com/
(Kitco News) – European elections and the direction of the U.S. dollar should influence gold prices next week, market watchers said, as many are spli…

Pound to Euro, US Dollar exchange rate: The Pound declined for a fourth consecutive day against the U.S Dollar

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 than initial forecasts in April, while a s…

Pound to Euro, US Dollar exchange rate: The Pound hit resistance in the region of 1.6230 against the Dollar and traded as low as 1.6160

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 to a fresh 22-month high, while the U…

Pound to Euro, US Dollar exchange rate: The Pound declined from a 22-month high against the Euro yesterday

Sterling / Euro and US Dollar exchange rates
The Pound declined from a 22-month high against the Euro yesterday, while the UK currency also tumbled from a 7-month high versus the U.S Dollar, after a gauge of UK manufacturing fell by more tha…

Pound to US Dollar Exchange Rate Forecast – The Pound rallied to its highest level in 7-months against the US Dollar on Monday reaching 1.6302

Foreign Currency Market Update – GBP / USD Update
The Pound rallied to its highest level in 7-months against the US Dollar on Monday reaching 1.6302. Sterling seems to have shrugged off last week’s poor GDP report and is continuing to po…

Pound to South African Rand Exchange Rate Forecast – Last week saw indecision grip the GBP ZAR market

Foreign Currency Market Update – GBP / ZAR Update
Last week saw indecision grip the GBP ZAR market, as investors struggled to decide which of two relatively weak currencies they wished to hold. This caused the pair to trade within a tight …

Pound to South African Rand Exchange Rate Forecast – Last week saw indecision grip the GBP ZAR market

Foreign Currency Market Update – GBP / ZAR Update
Last week saw indecision grip the GBP ZAR market, as investors struggled to decide which of two relatively weak currencies they wished to hold. This caused the pair to trade within a tight …

Pound to Canadian Dollar Forecast – The Canadian Dollar has started this week’s session firmly under the cosh

Foreign Currency Market Update – GBP / CAD Update
The Canadian Dollar has started this week’s session firmly under the cosh, following the release of highly disappointing Canadian GDP growth figures yesterday afternoon. The data revealed…

Pound to Euro, US Dollar exchange rate: The Pound has remained resilient

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. That’s either a sign of the increa…

Pound to Euro, US Dollar exchange rate: The Pound surged above 1.62 against the U.S Dollar

Sterling / Euro and US Dollar exchange rates
Following on from last week, the Pound surged above 1.62 against the U.S Dollar, breaking through significant resistance in the region of 1.6170, as a report showed that consumer confidence rose t…

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