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Currency News: UK Daily Forex News, Exchange Rate Forecast, Update, Outlook
Currency News

Daily Exchange Rate Forecasts & Currency News

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

EUR USD Exchange Rate Dips as Markets Await Jackson Hole Summit

21 Aug 2017 at 12 PM - Written by John Cameron

The Euro US Dollar (EUR USD) exchange rate stumbled slightly this morning as markets eagerly await the central bank summit in Jackson Hole in the US later this week. Euro (EUR) Slips as Draghi Expected to Avoid Policy Talk The Euro stumbled at the start of this week’s session as recent comments from European Central Bank (ECB) sources suggest that ECB President Mario Draghi will not be mentioning the bank’s monetary...

CATEGORIES: Euro Forecasts

Pound to Canadian Dollar Exchange Rate News & Live Events - USD/CAD Forecast to Retrace Rally

20 Aug 2017 at 9 AM - Written by David Woodsmith

The live reference market rates ahead of the week's open show the Pound to Canadian Dollar exchange rate quoted at 1.62035 and the US Dollar at 1.25857 against its Canadian peer. The latter value is significant for USD/CAD traders as the week saw the pair close under a key level, indicating further losses ahead according to forecasters. According to Scotiabank foreign exchange analysts, "the weekly chart is showing an...

CATEGORIES: Pound Canadian Dollar Forecasts

Could the GBP NZD Exchange Rate Slump Further on UK Borrowing Figures?

20 Aug 2017 at 9 AM - Written by Minesh Chaudhari

Even though market jitters mounted ahead of the weekend this was not enough to shore up the Pound New Zealand Dollar exchange rate. The mood towards the Pound remained distinctly bearish even in the wake of a stronger-than-expected uptick in July’s UK retail sales data. Although the headline figures were positive, though, the underlying details of the report still pointed towards consumers continuing to rein in their...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Pound Sterling to Australian Dollar Exchange Rate Forecast: GBP Steady at AUS$1.62359

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound Sterling to Australian Dollar exchange rate is seen steady on Monday 21st August, quoted at AUS$1.62359 as the afternoon session gets underway. This week's upcoming release relating to the Aussie will be Australia's August Unemployment Rate. Pound (GBP) Tumbles as Inflation Figures Miss Expectations GBP/AUD fell close to a new five-month low last week as Sterling sentiment was undermined by a disappointing...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation figures. Pound (GBP) Weakened by Lacklustre Data Sterling got off to a poor start this week as the...

CATEGORIES: Currency Predictions Pound Rand Forecasts

British Pound to Euro FX Rate Flounders on Lack of Data

18 Aug 2017 at 5 PM - Written by John Cameron

The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations. Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8% figure and below the 1.4% consensus. The month-on-month figure, however, was consistent...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Today's Best Euro Rate Slides but EUR/GBP Remains High Despite ECB Rhetoric

18 Aug 2017 at 1 PM - Written by Minesh Chaudhari

The euro to pound sterling exchange rate ended the week's trade valued at 0.91339 on Saturday 19th August. Analysts at Lloyds Bank highlight the EUR/GBP strength looks set to continue in the near-term: "Still no change, with the current bull trend intact, despite traditional technical warning signs of a pullback. As we have highlighted, a break of support, which lies at 0.9075 today, is needed to confirm that process is...

CATEGORIES: Euro Pound Forecasts

Pound to Rand Exchange Rate News: Today's Value at Lows not Seen Since Late July

17 Aug 2017 at 12 PM - Written by Frank Davies

The Pound to Rand exchange rate is currently valued at just 16.93454, ending the week at fresh lows not seen since late July this year. GBP Advances as Traders Process UK Sales Slowdown The Pound has fluctuated significantly today, moving on a rollercoaster-like pattern because of trader reactions to UK retail sales figures. In July, sales have slowed on the month and the year, with the exception being the monthly figure...

CATEGORIES: Pound Rand Forecasts

Pound to Canadian Dollar Exchange Rate Outlook: UK Retails Sales Boosts GBP/CAD

17 Aug 2017 at 11 AM - Written by John Cameron

The Pound Canadian Dollar exchange rate has seen a positive move on Thursday afternoon, valued +0.15 per cent higher at 1.62979 at 18:00 GMT. GBP/CAD clawed its way back up from an eight-month low earlier in the morning as the UK released its latest retail sales figures. Pound (GBP) Rallies as Retail Sales Beat Forecasts Sterling was able to find its feet again this morning as the UK’s latest retail sales figures came...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Australian Dollar Exchange Rate Forecast: UK Employment Lifts Sterling and GBP/AUD Today

16 Aug 2017 at 12 PM - Written by Toni Johnson

The Pound to Australian Dollar exchange rate has reversed losses seen earlier today to trade 0.21 per cent higher on Thursday 17th August, quoted at 1.62841 into evening trade. This move comes despite many analysts seeing further Aussie strength in the near-term. Manuel Oliveri of Credit Agricole said "Higher-yielders such as the AUD have become increasingly sensitive to risk sentiment and therefore we consider further...

CATEGORIES: Pound Australian Dollar Forecasts