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Currency News: UK daily forex news and forecasts

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

Federal Reserve Holds Rate – GBP USD Exchange Rate Forecast Improves

28 Jul 2016 at 8 AM - Written by Minesh Chaudhari

Federal Reserve Holds Interest Rates, GBP USD Exchange Rate Firms As anticipated, the US Federal Reserve decided to maintain the benchmark cost of borrowing Stateside at its current level of 0.50%. However, the tone of the policy statement which accompanied the announcement was generally adjudged to be relatively hawkish – a factor which is likely to help the US Dollar (currency : USD) moving forward. Although the full Fed...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts

Foreign Exchange Rate Forecast: US Fed and BoJ Decisions to Trigger Currency Price Action Shortly

26 Jul 2016 at 12 PM - Written by Ben Hughes

The near-future will bring the Fed's interest rate decision for July; present predictions have been for no change at 0.50%. Exchange Rate Predictions for Pound Sterling (GBP), US Dollar (USD) and Japanese Yen (JPY) Three major global central bank monetary policy decisions are forecast to inform price action for the world’s leading currencies during the next two weeks. Our leading currency analyst considers the outlook for...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Japanese Yen Forecasts

Sterling Outlook Remains Uncertain after Unusual Day of Movement

26 Jul 2016 at 7 AM - Written by Toni Johnson

The Pound slumped earlier on dovish BoE comments ahead of next week's interest rate decision. Since then, it has bounced back and bobbed in various pairings. Brexit Decision Weighs on UK Economic Outlook, Pound to Euro, US Dollar Exchange Rates Struggle Dark clouds are gathering over the UK economy. Hard statistics are now beginning to confirm that last month’s decision by British voters to exit the European Union is...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Sterling US Dollar Exchange Rate Forecast Mixed after BoE Comments

25 Jul 2016 at 12 PM - Written by James Fuller

Sterling has been mixed against peers recently, having behaved erratically in the wake of Bank of England official Martin Weale making dovish comments about future policy decisions. The Pound has been an unsafe option against the US Dollar lately, as in addition to the USD staging a recovery, the Pound has been laid low by a -47% drop in UK business confidence in July, as recorded by the Confederation of British Industry...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

This Week’s Bank of Japan (BoJ) and Fed Decisions Forecast to Shape GBP, JPY, USD Exchange Rate Movement

25 Jul 2016 at 8 AM - Written by John Cameron

The near-term will see the announcement of further UK economic data which has been pessimistically predicted, thereby holding the potential to devalue the Pound once again. The present week will bring, among other things, the Fed's first post-'Brexit' interest rate decision, though as of writing, expectations have been for no change at 0.50%. This Week's Central Bank Interest Rate Decisions are Likely to Drive Foreign...

CATEGORIES: Currency Predictions Daily Currency Updates Japanese Yen Forecasts Pound Sterling Forecasts

Pound Sterling Outlook Negative, Euro Forecasts Mixed

22 Jul 2016 at 8 AM - Written by Ben Hughes

The Pound has crashed against peers recently on poor PMI results, while the Euro has been a more mixed bet on account of a more diverse range of PMI flashes for the post-'Brexit' period. ECB President Mario Draghi Confident Eurozone Weathered Brexit Shock The European Central Bank (ECB) announced that it was maintaining its three benchmark interest rates at their current record low levels yesterday afternoon. Two of the...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Sterling to Euro Exchange Rate Dives after PMIs Plummet

21 Jul 2016 at 2 PM - Written by John Cameron

Sterling has been shattered by two negative data days in a row; the latest of these damaging announcements has been the manufacturing, composite and services PMI flashes for July. While the Pound has managed to recover a number of its losses today, Sterling has nonetheless remained down against the Euro. Disappointing UK Retail Sales Pushed GBP Exchange Rates Lower The already under-pressure Pound Sterling (currency :...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Sterling (GBP) FX Forecast against EUR USD CHF - Poor Outlook for Foreseeable Future

21 Jul 2016 at 8 AM - Written by James Fuller

The Pound is unlikely to be in high demand in the near-term, on account of the latest domestic data concerning July PMI flashes printing extremely poorly. Sterling may be in for a low close to the week, should tomorrow's potentially negative PMI printings gel with today's exceptionally bad retail sales results for June. Pound Sterling (GBP) Exchange Rate Outlook Negative A rare piece of encouraging news for the POUND...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Sterling Forecasts Swiss Franc Forecasts

FoMO Forecast to Propel Australian Dollar (AUD) and New Zealand Dollar (currency : NZD) higher

20 Jul 2016 at 4 PM - Written by Toni Johnson

Global Equity Markets Recover from Post-Brexit Crash J. Wortham, writing in the New York Times in 2011, described a phenomenon which has become known as FoMO, or the ‘Fear of Missing Out’. The idea has various application and comes in many guises, but Wortham summed it up as, ‘a pervasive apprehension that others might be having rewarding experiences from which one is absent’. More recently, Michael Shea...

CATEGORIES: Australian Dollar Forecasts New Zealand Dollar Forecasts

Pound Sterling (GBP) Outlook Bleak on Retail Sales Result

20 Jul 2016 at 7 AM - Written by John Cameron

Sterling has crashed lately, due to retail sales in June for the UK falling on all accounts. The Pound has made major gains across the board lately, on account of the latest unemployment rate results showing a dip from 5% to 4.9% in May. IMF Report Weighed Heavily on GBP Exchange Rates The International Monetary Fund (IMF) published the latest edition of its World Economic Outlook earlier today and it made extremely grim...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Norwegian Krone Forecasts Pound Sterling Forecasts