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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

Historic UK Borrowing Surplus Pushes Up GBP NZD Exchange Rate

22 Aug 2017 at 12 PM - Written by Ben Hughes

The Pound’s minor advance against the New Zealand Dollar comes despite heavy scepticism about the UK borrowing surplus. GBP NZD Exchange Rate Rises despite Mixed Reception to UK Borrowing Stats The Pound has made a minor advance against the New Zealand Dollar today, following the news that the UK borrowing deficit has moved into a surplus range in July. This is the first surplus recorded since 2002, but the reception...

CATEGORIES: Pound New Zealand Dollar Forecasts

Is it Time to take profits on euro to pound sterling exchange rate?

22 Aug 2017 at 7 AM - Written by Ben Hughes

The best euro exchange rates seen against the pound sterling and US dollar remain vulnerable according to several leading foreign exchange institutions. All eyes are on Friday’s Jackson Hole risk with a pair of speeches from Fed Chair Yellen (10am ET) and ECB President Draghi (3pm ET). ECB Summer Recess almost over for Euro traders The Summer Recess was always going to be a tough bridge for the Euro to cross unscathed....

CATEGORIES: Currency Predictions Euro Pound Forecasts

Currency Experts Forecast More Australian Dollar (AUD) Strength vs GBP, EUR and NZD on Foreign Exchange Rate Markets

21 Aug 2017 at 2 PM - Written by Ben Hughes

The pound to Australian dollar exchange rate has steadily fallen since the 2017 best levels of 1 GBP = 1.7622 AUD back in May. A strong Aussie and Brexit-weakened sterling has prompted this trend. Last week's strong UK labour market results from June were unable to boost the GBP/AUD. Instead, US political and economic uncertainties left risk-correlated currencies like the ‘Aussie’ much more appealing. The week saw the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Australian Dollar Forecasts

Euro to Dollar Exchange Rate Dips as Markets Await Jackson Hole Summit | Euro Exchange Rate Forecasts

21 Aug 2017 at 12 PM - Written by John Cameron

The Euro (EUR) stumbled slightly against the US Dollar (USD) 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: Daily Currency Updates Euro Forecasts

Quite Trade sees Pound to Canadian Dollar Exchange Rate Near Opening Levels - Retail Sales Tomorrow

20 Aug 2017 at 9 AM - Written by David Woodsmith

The live Pound to Canadian Dollar exchange rate on Monday August 21 is quoted at 1.62108, a value that has little changed over the course of the day. With little data released today, all eyes will be on Tuesday's retail sales print. According to Scotiabank foreign exchange analysts, "CAD is quiet, consolidating in a tight range around Friday’s close at the upper end of its two week range. Near-term domestic risk is limited...

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

Iron Ore prices Key to Pound to Australian Dollar Exchange Rate Outlook and the Short-Term AUD Strength

20 Aug 2017 at 8 AM - Written by John Cameron

The Australian dollar remains buoyant with the currency markets on the second full trading day of the week. A snap shpt of the key G10 is as follows: The Pound to Australian Dollar exchange rate is -0.12 pct lower at 1.62318. The Euro to Australian Dollar exchange rate is -0.1 pct lower at 1.48672. The US Dollar to Australian Dollar conversion rate is steady at 1.25987. The New Zealand Dollar to Australian Dollar exchange...

CATEGORIES: Currency Predictions 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