Canadian dollar: Everyone is backing further CAD advances, so watch out for potential squeezes
- Details
- Published on Wednesday, 03 October 2012 12:10
- Written by Sam Coventry
The Canadian dollar (Currency:CAD) is looking rather frail as we head towards the US session. "Further signals of slowing global activity—with another softer Chinese PMI and a sharply wider Australian trade deficit—fuelled a typical risk-off session in Asia. And while we’ve seen a decent retrace of those moves in the European session, risk currencies—including the CAD—are on net still lower ahead of the North American open," says Shaun Osborne at TD Securities.
Euro pound exchange rate forecast: EUR/GBP take guidance from the Eurozone - forget the Bank of England
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- Published on Wednesday, 03 October 2012 11:39
- Written by Sam Coventry
The euro pound exchange rate is forecasted to take guidance from the Eurozone going forward; we should therefore see less emphasis on events concerning the Bank of England.
Euro exchange rate today: EUR boosted as retail sales rise, a few frowns over the PMI stats though
- Details
- Published on Wednesday, 03 October 2012 09:21
- Written by Sam Coventry
The euro (Currency:EUR) is looking decidedly bullish this morning, this as equity markets appear hesitant to move; indeed the FTSE 100 is unchanged on last night's close at 10:05 AM.
Pound euro exchange rate slumps below 1.25 as UK Service Sector PMI's just aren't good enough
- Details
- Published on Wednesday, 03 October 2012 09:33
- Written by Will Peters
The pound to euro rate is 0.14 pct in the red this morning, following on from a poor day that saw significant falls. If you were to convert pounds into euros this morning you would do so off a spot rate at 1.2470. To get an accurate retail exchange rate quote please use our quote service here.
Sell the pound dollar exchange rate advise forecasters at Jyske Markets
- Details
- Published on Tuesday, 02 October 2012 11:03
- Written by Will Peters
Analysts at Denmark's Jyske Markets have forecasted the pound dollar exchange rate to lose ground.
More Articles...
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- Euro exchange rate today: UBS are bullish on single currency near-term, manufacturing PMIs provide momentum
- Canadian dollar and other major currencies play it safe; CAD guidance to come from US ISM
- Euro exchange rate today: EUR up on good data and expectations that Draghi will reaffirm his support for the single currency
Latest in Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
- Euro exchange rate today: CPI and ZEW data releases are key for near term movement
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What You SHOULD Know
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Latest In Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
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Latest Content on The Site
- Canadian Dollar Today: CAD not setting the world on fire; but USD/CAD unable to press for fresh highs
- Forex: Low value of pound sterling behind today's BoE decision? GBP seen gaining against host of key currencies
- Pound sterling vs Australian dollar trading at all time lows, fantastic opportunity to transfer AUD into GBP says one commentator
- Australian dollar, New Zealand dollar slip against pound sterling as a plethora of issues trouble investors
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
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