Currency News: UK daily forex news and forecasts

The Pound US Dollar (GBP/USD) exchange rate edged lower on Tuesday as renewed geopolitical uncertainty encouraged investors to favour the safe-haven US Dollar. At the time of writing, GBP/USD was trading at around $1.3499, down slightly from Tuesday’s opening levels. The US Dollar (USD) strengthened on Tuesday as hopes of a swift agreement between the US and Iran continued to fade. Crude oil prices climbed back...

The Pound Euro (GBP/EUR) exchange rate remained close to a two-week high on Tuesday, with traders largely holding fire ahead of a series of economic releases later in the week. At the time of writing, GBP/EUR was trading at €1.1701, little changed from the start of the day. The Pound (GBP) traded largely flat on Tuesday, with Sterling holding its position as the UK’s economic calendar offered little in the way of...

The Pound to Euro exchange rate (GBP/EUR) has edged higher towards 1.1690, with calm global markets allowing Sterling to continue benefiting from the UK's relatively attractive yields. The 10-year gilt yield remains close to 5.00%, helping offset lingering concerns over fiscal policy and expectations that the Bank of England will ultimately disappoint current market pricing for rate hikes. GBP/EUR Forecasts: Pound...

The Pound to Dollar exchange rate (GBP/USD) has consolidated around the 1.3500 level after climbing to three-week highs as unexpectedly weak US employment data intensified doubts over further Federal Reserve tightening. With the Dollar Index close to two-month lows, Sterling remains well placed to extend its recovery, although significant technical resistance around 1.3550 and continued safe-haven demand linked to the Iran...

The Pound US Dollar (GBP/USD) exchange rate struggled to establish a clear trend on Monday, as uncertainty surrounding developments in the Middle East kept the currency pair unsettled. At the time of writing, GBP/USD was trading at $1.3498, with the pair fluctuating since the start of the week. The US Dollar (USD) struggled for direction at the start of the week as uncertainty surrounding US-Iran peace negotiations kept...

The Pound to Euro (GBP/EUR) exchange rate was confined to a narrow range at the beginning of the week as a lack of notable economic releases left investors on the sidelines. At the time of writing, the GBP/EUR exchange rate was trading at around €1.1680, largely unchanged from Monday’s opening levels. The Euro (EUR) struggled to attract support on Monday as an empty Eurozone economic calendar offered little fresh...

The Euro to Dollar exchange rate (EUR/USD) climbed to a seven-week high above 1.1550 after a shock decline in US payrolls intensified doubts that the Federal Reserve will deliver the rate hikes previously expected by markets. With speculative Dollar positions still elevated, softer US data has increased the risk of further position unwinding and provided fresh momentum for the Euro. EUR/USD Forecasts: Fed doubts...

The Pound to Dollar exchange rate (GBP/USD) has held close to 1.3500 as subdued volatility and fading expectations of Federal Reserve rate hikes keep the pair trapped within recent ranges. Attention is increasingly focused on Fed Chair Kevin Warsh, with investors questioning whether the central bank's hawkish rhetoric will ultimately translate into tighter monetary policy. GBP/USD Forecasts: Warsh under the...

The Pound to Euro exchange rate (GBP/EUR) has remained relatively resilient around 1.1675, with subdued volatility and calmer gilt markets helping Sterling consolidate recent gains. However, investment banks remain cautious over the medium-term outlook as fading Bank of England rate-hike expectations, weak UK growth and renewed fiscal pressures threaten to erode the Pound's current support. GBP/EUR Forecasts:...

The Pound Sterling to Swiss Franc exchange rate (GBP/CHF) ended Friday near 1.0902, securing a small weekly gain after Thursday’s close at 1.0931 marked the strongest daily finish of 2026. GBP continues to benefit from a wide interest-rate advantage over the Franc, although uncertainty surrounding further Bank of England tightening limits the case for an unchecked advance. GBP/CHF Forecasts: BofA backs the carry...