Thu, 29 Jul 2010 08:49:24 +0000
Daily Insight
Daily Foreign Exchange Rate Forecast – 29th July
by Adam Solomon
Sterling / Euro and US Dollar
The Pound made significant gains against a basket of currencies yesterday, rising through $1.56 against the Dollar to the highest level in five-months, while the UK currency also re-visited the resistance level at 1.20 versus the Euro. The Australian Dollar has declined heavily against the Pound and U.S [...] | Wed, 28 Jul 2010 10:46:45 +0000
Daily Insight
Daily Exchange Rate Forecast – July 28th
by Adam Solomon
Sterling / Euro and US Dollar
The Pound rallied to a fresh five-month high against the U.S Dollar this morning, while the UK currency also made strong gains versus the majority of the 16 most actively traded currencies. Sterling hit a high of 1.5575 in London, as global risk appetite continues to improve, diminishing [...] | Tue, 27 Jul 2010 10:39:34 +0000
GBP-TRY Update, Turkish Lira
Turkish Lira Exchange Rate Forecast
by Jon Beddell
Foreign Currency Market Update – GBP / TRY Update
The much awaited European bank stress tests were completed on Friday. All major banks passed the tests including the four major UK banks that took part. Also giving the pound a boost on Friday was a strong second quarter GDP figure. Growth [...] | Tue, 27 Jul 2010 10:24:27 +0000
GBP-NZD Update, New Zealand Dollar
New Zealand Dollar Exchange Rate Forecast
by Jon Beddell
Foreign Currency Market Update – GBP / NZD Update
The pound bounced by seven cents from July 13th to July 19th, but gave back those gains last week, making a new four week low on Thursday even as UK retail sales data for June beat expectations. Things looked a little better on Friday. [...] | Tue, 27 Jul 2010 09:52:47 +0000
Daily Insight
Daily FX Forecast – The Euro rallies against the majors, amid improved investor confidence
by Adam Solomon
Sterling / Euro and US Dollar
The Pound took advantage of broad Dollar weakness yesterday, rising to the highest level in three months in London, after UK banks sailed through the European bank stress test. The UK currency has continued through $1.55 for the first time since April 16th, after the FSA said on [...] | Tue, 27 Jul 2010 09:05:35 +0000
GBP-ZAR Update, South African Rand
South African Rand Exchange Rate Forecast
by Jon Beddell
Foreign Currency Market Update – GBP / ZAR Update
Sterling is still on the back foot here, failing to make any convincing breaks above the 11.75 resistance zone. We’ve been up to that level three times in the last three months, and failed on every occasion. Things looked a little better on [...] | Tue, 27 Jul 2010 08:28:04 +0000
GBP-CAD Update, Canadian Dollar
Canadian Dollar Exchange Rate Forecast
by Jon Beddell
Foreign Currency Market Update – GBP / CAD Update
After twice bumping into a clear barrier at 1.6200 in early July we sold off four cents from the July 16th peak. Thursday’s market beating retail sales figures for June failed to help on Thursday, but the Pound was quick out of the blocks on [...] |
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