Currency News

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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

Losses Forecast for Pound Sterling Canadian Dollar Exchange Rate GBP CAD

26 May 2015 at 12 PM - Written by John Cameron

The latest data from the Commodity Futures Trading Commission (CFTC), published on Friday afternoon, revealed that speculative traders in the global currency markets had once again decreased their bets that the Dollar would strengthen against the other majors. The official figures, which covered the week leading up to 19th May, showed that speculators had cut their up-bets on the Buck from $29.11bn the week before to a relatively...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts Currency Predictions Dollar Pound Forecasts Pound Canadian Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Euro to Pound Sterling Exchange Rate Weekly Roundup: May 18 to May 22

26 May 2015 at 9 AM - Written by Frank Davies

Euro to Pound Sterling Weekly Roundup: May 18 to May 22 At the start of the week, the Euro firmed against the Pound Sterling as a monthly report released by Germany’s Bundesbank painted an optimistic picture of the Eurozone economy. Sentiment towards the single currency remained jittery however, as the market continued to focus on the situation in Greece. Two documents published over the weekend showed that Athens’...

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

US Dollar to Pound (USD/GBP) Exchange Rate Weekly Roundup: May 18 to May 22

26 May 2015 at 9 AM - Written by Toni Johnson

US Dollar to Pound Sterling Weekly Roundup: May 18 to May 22 At the start of the week, the US Dollar firmed against the Pound Sterling and other major peers as it recovered from the previous week’s losses. Demand for safe havens increased on the news that the Islamic State had conquered the Iraqi city of Ramadi. Concerns were also high over the conflicts in Syria and Yemen. The currency then softened later in the session as...

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

Gains Forecast for GBP EUR Exchange Rate, Loses Expected for EUR USD

26 May 2015 at 9 AM - Written by John Cameron

Headline-grabbing comments from major global figures since the London session ended on Friday afternoon are forecast to alter the relative value of several leading currencies during this week’s session. Friday night’s words from the most powerful woman in global finance were hotly anticipated following the publication of higher than anticipated US inflation figures a few hours before. Federal Reserve Chair Janet Yellen’s...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Exchange Rate Forecast for Pound against Euro and Canadian Dollar

26 May 2015 at 9 AM - Written by John Cameron

Not for the first time in recent weeks, it took news from the United States to prove the Pound Sterling euro exchange rate (GBP EUR) with a forward push. The pair had enjoyed a stellar session on Thursday, surging through the 1.4100 threshold for the first time since 12th March. Indeed, there have only been two days since 2007 which have seen the GBP EUR exchange rate trade at a higher level. However, early trading saw the GBP...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Canadian Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

AUD/NZD Exchange Rate Falls as Central Bank Speculation and Iron Ore Woes Weigh

22 May 2015 at 12 PM - Written by Ben Hughes

Australian Dollar Exchange Rate falls against NZ Dollar (AUD/NZD) as Central Bank Speculation and Iron Ore Woes Weigh The Australian Dollar softened against the New Zealand Dollar in a quiet end to the week for Australian domestic data. However, the New Zealand Dollar is pegged to be heading for a 1.2% weekly decline as central bank speculation continues to plague the market. The prospect of a Reserve Bank of New Zealand rate...

CATEGORIES: Australian Dollar Forecasts Currency Predictions New Zealand Dollar Forecasts

Euro to US Dollar Firms on Mixed Eurozone Data and Fed Minutes

21 May 2015 at 4 PM - Written by Frank Davies

Euro to US Dollar Firms on Mixed Eurozone Data and Fed Minutes The Euro advanced against the US Dollar for the first time in four days as the currency received support from the release of economic data, which showed that the French economy is showing signs of a recovery. Data released by Markit showed that manufacturing and service sector activity improved in May. The manufacturing Purchasing Managers Index (PMI) increased to a...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Currency Updates Euro Forecasts

Pound Climbs versus Yen (GBP/JPY) after UK Retail Sales Jump

21 May 2015 at 4 PM - Written by David Woodsmith

GBP/JPY Trending Higher as Warm Weather Boosts Spending The Pound recorded gains against a host of other majors including the Yen when UK Retail Sales data beat economists’ expectations. Year-on-year, UK Retail Sales recorded 4.7% growth including fuel in April after the previous month’s 4.0%. The rise is accredited to a surge in clothing sales as citizens soaked up unusually warm weather. One ONS official stated:...

CATEGORIES: Japanese Yen Forecasts

Pound Sterling Exchange Rate Forecast vs Euro, US Dollar, Swiss Franc

21 May 2015 at 9 AM - Written by John Cameron

The POUND STERLING (currency:GBP) continues to bask in the sunlight of the surprise clear-cut election victory from the Conservatives on May 7th. Last week’s domestic CPI inflation data, which revealed that for the first time since 1960, British prices are dropping has failed to hinder the Pound’s progress thanks to Bank of England Governor Mark Carney’s assertion that the pace of price rises will increase to 2.0% sooner...

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

Pound Sterling Euro Exchange Rate Forecast to Break Through 1.4257 GBP EUR Multi-Year High

21 May 2015 at 5 AM - Written by John Cameron

This morning’s minutes of this month’s Bank of England (BoE) monetary policy committee meeting were generally helpful to the Pound Sterling (currency:GBP). The Pound euro exchange rate broke back into the 1.4000s GBP EUR during late trading this afternoon following sustained support for Sterling. Although the memos of the BoE’s latest get-together revealed that, once again, all nine members of the MPC had voted...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts Pound Sterling Forecasts