Currency Newswire » Pound

Currency Newswire » Pound http://www.currencynewswire.com Breaking news and analyses on world currencies and Forex currency trading. Sat, 02 Apr 2011 20:28:11 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 British Pound Forecast ahead of BoE Rate Decision (Daily FX via Yahoo! Finance) http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx-via-yahoo-finance http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx-via-yahoo-finance#comments Thu, 05 Feb 2009 00:23:59 +0000 admin http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx-via-yahoo-finance This Thursday, the Monetary Policy Committee of the Bank of England is expected to cut rates by 50 bps to 1 percent. This will bring the overnight rate to the lowest level in the bank?s more than 300 years of history which could make the British pound very vulnerable going forward.

]]> http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx-via-yahoo-finance/feed 0 Devaluation threat to rouble: Russia props up banks with $40 billion (Times Online) http://www.currencynewswire.com/devaluation-threat-to-rouble-russia-props-up-banks-with-40-billion-times-online http://www.currencynewswire.com/devaluation-threat-to-rouble-russia-props-up-banks-with-40-billion-times-online#comments Thu, 05 Feb 2009 00:23:58 +0000 admin http://www.currencynewswire.com/devaluation-threat-to-rouble-russia-props-up-banks-with-40-billion-times-online Russia’s Government yesterday threw a $40 billion lifeline to its banks as the rouble suffered another pounding, prompting further speculation that the country would be forced into a formal devaluation.

]]> http://www.currencynewswire.com/devaluation-threat-to-rouble-russia-props-up-banks-with-40-billion-times-online/feed 0 3 Reasons Why the Dollar is Higher http://www.currencynewswire.com/3-reasons-why-the-dollar-is-higher http://www.currencynewswire.com/3-reasons-why-the-dollar-is-higher#comments Thu, 05 Feb 2009 00:23:38 +0000 admin http://www.currencynewswire.com/3-reasons-why-the-dollar-is-higher The US dollar traded higher against the Euro and commodity currencies but remained unchanged against the British pound and Japanese Yen. The strength of the dollar can be attributed to three primary factors.

]]> http://www.currencynewswire.com/3-reasons-why-the-dollar-is-higher/feed 0 Swiss franc drops to 2-day low against British pound (Nasdaq) http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq-2 http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq-2#comments Wed, 04 Feb 2009 16:48:37 +0000 admin http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq-2 (RTTNews) – The Swiss franc lost ground after hitting a high of 1.6422 against the British pound at 2:25 am ET Wednesday. The franc is currently trading at a 2-day low of 1.6645 against the pound, compared to 1.6529 hit late New York Tuesday.

]]> http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq-2/feed 0 Swiss franc drops to 2-day low against British pound (Nasdaq) http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq#comments Wed, 04 Feb 2009 16:48:31 +0000 admin http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq (RTTNews) – The Swiss franc lost ground after hitting a high of 1.6422 against the British pound at 2:25 am ET Wednesday. The franc is currently trading at a 2-day low of 1.6645 against the pound, compared to 1.6529 hit late New York Tuesday.

]]> http://www.currencynewswire.com/swiss-franc-drops-to-2-day-low-against-british-pound-nasdaq/feed 0 British Pound Forecast ahead of BoE Rate Decision (Daily FX) http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx#comments Wed, 04 Feb 2009 16:48:31 +0000 admin http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx This Thursday, the Monetary Policy Committee of the Bank of England is expected to cut rates by 50 bps to 1 percent. This will bring the overnight rate to the lowest level in the bank’s more than 300 years of history which could make the British pound very vulnerable going forward.

]]> http://www.currencynewswire.com/british-pound-forecast-ahead-of-boe-rate-decision-daily-fx/feed 0 Dollar jumps on euro, pound (CNN Money) http://www.currencynewswire.com/dollar-jumps-on-euro-pound-cnn-money http://www.currencynewswire.com/dollar-jumps-on-euro-pound-cnn-money#comments Wed, 04 Feb 2009 16:48:30 +0000 admin http://www.currencynewswire.com/dollar-jumps-on-euro-pound-cnn-money The dollar rose strongly against the euro and pound Wednesday, after weak economic reports from the region supported many investors’ beliefs that the regions’ central banks will cut interest rates on Thursday.

]]> http://www.currencynewswire.com/dollar-jumps-on-euro-pound-cnn-money/feed 0 Euro Struggles With 1.3000 Pound Holds 1.44000 http://www.currencynewswire.com/euro-struggles-with-13000-pound-holds-144000 http://www.currencynewswire.com/euro-struggles-with-13000-pound-holds-144000#comments Wed, 04 Feb 2009 16:47:43 +0000 admin http://www.currencynewswire.com/euro-struggles-with-13000-pound-holds-144000 Another rambling night of trade in the currency market as the EUR/USD struggled with the 1.3000 handle after staging a reversal in North American session yesterday. Better risk appetite and the growing political woes of the Obama administration helped fuel Tuesday’s rally, but the unit could not hold its gains as dour economic data and steady EURGBP sell flows kept the downward pressure.

]]> http://www.currencynewswire.com/euro-struggles-with-13000-pound-holds-144000/feed 0 Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg) http://www.currencynewswire.com/pound-declines-against-euro-on-speculation-slump-deepening-bloomberg http://www.currencynewswire.com/pound-declines-against-euro-on-speculation-slump-deepening-bloomberg#comments Tue, 03 Feb 2009 22:45:05 +0000 admin http://www.currencynewswire.com/pound-declines-against-euro-on-speculation-slump-deepening-bloomberg Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth.

]]> http://www.currencynewswire.com/pound-declines-against-euro-on-speculation-slump-deepening-bloomberg/feed 0 Euro Crosses: Rallies Could Accelerate (Daily FX via Yahoo! Finance) http://www.currencynewswire.com/euro-crosses-rallies-could-accelerate-daily-fx-via-yahoo-finance http://www.currencynewswire.com/euro-crosses-rallies-could-accelerate-daily-fx-via-yahoo-finance#comments Tue, 03 Feb 2009 22:45:05 +0000 admin http://www.currencynewswire.com/euro-crosses-rallies-could-accelerate-daily-fx-via-yahoo-finance -euro / British Pound resistance begins at .9155 -EURCHF and EURCAD appear most bullish -EURAUD and EURNZD could correct significantly lower before resuming uptrends

]]> http://www.currencynewswire.com/euro-crosses-rallies-could-accelerate-daily-fx-via-yahoo-finance/feed 0 Swiss franc shows mixed trading against majors (Nasdaq) http://www.currencynewswire.com/swiss-franc-shows-mixed-trading-against-majors-nasdaq http://www.currencynewswire.com/swiss-franc-shows-mixed-trading-against-majors-nasdaq#comments Tue, 03 Feb 2009 16:43:52 +0000 admin http://www.currencynewswire.com/swiss-franc-shows-mixed-trading-against-majors-nasdaq (RTTNews) – Tuesday, the Swiss franc showed weakness against the US dollar and the Japanese yen. On the other hand, the franc reversed its Asian session’s downtrend against the European currency and the British pound. The franc thus recovered from a 4-day low against the euro.

]]> http://www.currencynewswire.com/swiss-franc-shows-mixed-trading-against-majors-nasdaq/feed 0 Singapore Dollar Climbs To 4-Day High Versus US And Hong Kong Dollars (Nasdaq) http://www.currencynewswire.com/singapore-dollar-climbs-to-4-day-high-versus-us-and-hong-kong-dollars-nasdaq http://www.currencynewswire.com/singapore-dollar-climbs-to-4-day-high-versus-us-and-hong-kong-dollars-nasdaq#comments Tue, 03 Feb 2009 16:43:50 +0000 admin http://www.currencynewswire.com/singapore-dollar-climbs-to-4-day-high-versus-us-and-hong-kong-dollars-nasdaq (RTTNews) – The Singapore dollar climbed to a 4-day high against the currencies of US and Hong Kong during Tuesday’s early session. The Singapore currency also advanced against the pound, but pared the early Asian session gains against the euro.

]]> http://www.currencynewswire.com/singapore-dollar-climbs-to-4-day-high-versus-us-and-hong-kong-dollars-nasdaq/feed 0 U.K. Pound Declines Against Euro on Speculation Slump Deepening (Bloomberg) http://www.currencynewswire.com/uk-pound-declines-against-euro-on-speculation-slump-deepening-bloomberg http://www.currencynewswire.com/uk-pound-declines-against-euro-on-speculation-slump-deepening-bloomberg#comments Tue, 03 Feb 2009 16:43:47 +0000 admin http://www.currencynewswire.com/uk-pound-declines-against-euro-on-speculation-slump-deepening-bloomberg Feb. 3 (Bloomberg) — The pound dropped against the euro for a second day on speculation economic reports this week will add to evidence the Bank of England needs to cut interest rates further to revive growth.

]]> http://www.currencynewswire.com/uk-pound-declines-against-euro-on-speculation-slump-deepening-bloomberg/feed 0 Currencies: Dollar surges against British pound (Market Watch) http://www.currencynewswire.com/currencies-dollar-surges-against-british-pound-market-watch http://www.currencynewswire.com/currencies-dollar-surges-against-british-pound-market-watch#comments Tue, 03 Feb 2009 16:43:47 +0000 admin http://www.currencynewswire.com/currencies-dollar-surges-against-british-pound-market-watch The U.S. dollar surges against the British pound, after Moody’s Investors Service cuts its ratings on Barclays Bank.

]]> http://www.currencynewswire.com/currencies-dollar-surges-against-british-pound-market-watch/feed 0 British pound shows weakness against majors (Nasdaq) http://www.currencynewswire.com/british-pound-shows-weakness-against-majors-nasdaq http://www.currencynewswire.com/british-pound-shows-weakness-against-majors-nasdaq#comments Tue, 03 Feb 2009 16:43:47 +0000 admin http://www.currencynewswire.com/british-pound-shows-weakness-against-majors-nasdaq (RTTNews) – During early deals on Tuesday, the British pound showed weakness against its major counterparts on increased speculation that the Bank of England will cut interest rates this week.

]]> http://www.currencynewswire.com/british-pound-shows-weakness-against-majors-nasdaq/feed 0 Dollar, Yen Rise as Economy Stokes Haven Demand; Pound Tumbles (Bloomberg) http://www.currencynewswire.com/dollar-yen-rise-as-economy-stokes-haven-demand-pound-tumbles-bloomberg http://www.currencynewswire.com/dollar-yen-rise-as-economy-stokes-haven-demand-pound-tumbles-bloomberg#comments Mon, 02 Feb 2009 16:47:07 +0000 admin http://www.currencynewswire.com/dollar-yen-rise-as-economy-stokes-haven-demand-pound-tumbles-bloomberg Feb. 2 (Bloomberg) — The dollar rose to an eight-week high against the euro and the yen advanced as the deepening economic slowdown stoked haven demand for the currencies.

]]> http://www.currencynewswire.com/dollar-yen-rise-as-economy-stokes-haven-demand-pound-tumbles-bloomberg/feed 0 Singapore dollar falls to 8-week low against US and Hong Kong dollars (Nasdaq) http://www.currencynewswire.com/singapore-dollar-falls-to-8-week-low-against-us-and-hong-kong-dollars-nasdaq http://www.currencynewswire.com/singapore-dollar-falls-to-8-week-low-against-us-and-hong-kong-dollars-nasdaq#comments Mon, 02 Feb 2009 16:47:06 +0000 admin http://www.currencynewswire.com/singapore-dollar-falls-to-8-week-low-against-us-and-hong-kong-dollars-nasdaq (RTTNews) – During early Asian deals on Monday, the Singapore dollar declined to an 8-week low against the currencies of US and Hong Kong. On the other hand, the Singapore currency showed strength against the European currency and the British pound.

]]> http://www.currencynewswire.com/singapore-dollar-falls-to-8-week-low-against-us-and-hong-kong-dollars-nasdaq/feed 0 Ford, GM Raise U.K. Prices to Squeeze Value From Falling Pound (Bloomberg) http://www.currencynewswire.com/ford-gm-raise-uk-prices-to-squeeze-value-from-falling-pound-bloomberg http://www.currencynewswire.com/ford-gm-raise-uk-prices-to-squeeze-value-from-falling-pound-bloomberg#comments Mon, 02 Feb 2009 16:47:04 +0000 admin http://www.currencynewswire.com/ford-gm-raise-uk-prices-to-squeeze-value-from-falling-pound-bloomberg Feb. 2 (Bloomberg) — Ford Motor Co. and General Motors Corp. plan to raise prices in the U.K. to counter the pound’s drop, a strategy that may drive away buyers and accelerate the plunge in British car sales.

]]> http://www.currencynewswire.com/ford-gm-raise-uk-prices-to-squeeze-value-from-falling-pound-bloomberg/feed 0 Pound Will Weaken Against Dollar and Euro, JPMorgan Report Says (Bloomberg) http://www.currencynewswire.com/pound-will-weaken-against-dollar-and-euro-jpmorgan-report-says-bloomberg http://www.currencynewswire.com/pound-will-weaken-against-dollar-and-euro-jpmorgan-report-says-bloomberg#comments Mon, 02 Feb 2009 16:47:04 +0000 admin http://www.currencynewswire.com/pound-will-weaken-against-dollar-and-euro-jpmorgan-report-says-bloomberg Feb. 2 (Bloomberg) — The British pound will weaken against the euro and the dollar over the next five months as the government increases borrowing to kickstart economic growth, according to JPMorgan Chase & Co.

]]> http://www.currencynewswire.com/pound-will-weaken-against-dollar-and-euro-jpmorgan-report-says-bloomberg/feed 0 Pound Posts Record Monthly Gain Against Euro as Mortgages Rise (Bloomberg) http://www.currencynewswire.com/pound-posts-record-monthly-gain-against-euro-as-mortgages-rise-bloomberg http://www.currencynewswire.com/pound-posts-record-monthly-gain-against-euro-as-mortgages-rise-bloomberg#comments Sun, 01 Feb 2009 20:43:26 +0000 admin http://www.currencynewswire.com/pound-posts-record-monthly-gain-against-euro-as-mortgages-rise-bloomberg Jan. 31 (Bloomberg) — The pound posted a record monthly gain against the euro after a government report showed U.K. mortgage approvals unexpectedly increased in December.

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