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
GBP NZD Exchange Rate Trended Higher as Market Confidence Faded
27 Mar 2017 at 5 PM - Written by Tim Boyer
STORY LINK GBP NZD Exchange Rate Trended Higher as Market Confidence Faded
As risk appetite weakened substantially at the start of the week the Pound Sterling to New Zealand Dollar exchange rate was prompted to trend sharply higher.
GBP Trends Higher Despite Impending Brexit Trigger
Although Theresa May is due to activate Article 50 on Wednesday the Pound (GBP) has remained on a stronger footing, with much of the Brexit risk already thought to be priced in.
Sterling also benefitted from the...
CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts
USD/GBP Hits 8-Week Low After Trump Withdraws Healthcare Bill
27 Mar 2017 at 12 PM - Written by Tim Boyer
STORY LINK USD/GBP Hits 8-Week Low After Trump Withdraws Healthcare Bill
The US Dollar to Pound Sterling exchange rate has tumbled -0.9% to 0.7946 as investors continue to fear markets have been too optimistic regarding economic stimulus from President Donald Trump.
USD Tumbles as Markets Question Trump Rally
Investors are today selling out of the US Dollar after Friday saw Republicans pulling the bill meant to replace the Affordable Care Act (ACA), known as Obamacare.
The bill did not receive...
CATEGORIES: Dollar Pound Forecasts
USD AUD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates
24 Mar 2017 at 2 PM - Written by Toni Johnson
STORY LINK USD AUD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates
After drifting higher overnight the USD AUD exchange rate plateaued this morning as investors await the result of the US House of Representatives vote on Trump’s new healthcare plan.
US Dollar Australian Dollar (USD AUD) Paralysed as Trump Faces First Real Test
The US Dollar Australian Dollar (USD AUD) exchange rate remained largely unmoved in trading this morning as investors move cautiously ahead of a key vote on...
CATEGORIES: American Dollar Forecasts
GBP CHF Exchange Rate Slides after EC President Confirms Brexit ‘Divorce Bill’
24 Mar 2017 at 11 AM - Written by James Fuller
STORY LINK GBP CHF Exchange Rate Slides after EC President Confirms Brexit ‘Divorce Bill’
GBP Slumps after Juncker’s “Brexit Bill” Comments
With direct UK data in short supply today, the GBP CHF exchange rate has dropped by -0.4%. This follows discouraging remarks from European Commission President Jean-Claude Juncker.
Commenting on how Brexit negotiations might proceed, Juncker stated;
‘I am [in] anything but in a hostile mood when it comes to Britain. We will negotiate in a friendly way, a fair way,...
CATEGORIES: Pound Swiss Franc Forecasts
GBP USD Exchange Rate Trended Higher After Bullish Retail Sales
23 Mar 2017 at 4 PM - Written by Ben Hughes
STORY LINK GBP USD Exchange Rate Trended Higher After Bullish Retail Sales
An unexpectedly sharp uptick in UK retail sales helped to boost the Pound US Dollar exchange rate, giving investors fresh reason to pile into Sterling.
GBP Boosted by Strong Retail Sales
Sales were found to have leapt 1.4% on the month in February, making up for January’s -0.5% contraction.
This offered fresh evidence that consumer confidence and spending has largely held up at the start of the year, even as inflation...
CATEGORIES: Pound Dollar Forecasts
Soaring UK Retail Sales Trigger GBP AUD Exchange Rate Rally
23 Mar 2017 at 1 PM - Written by Minesh Chaudhari
STORY LINK Soaring UK Retail Sales Trigger GBP AUD Exchange Rate Rally
GBP AUD Exchange Rate Close to Monthly High on Rising Retail Sales
The Pound has risen considerably by 0.6% against the Australian Dollar today, following the news that UK retail sales rose above forecasts in February.
While economists have been quick to forecast that Q1 2017 sales may hit the biggest drop since Q4 2010, traders have paid little attention and bought into the Pound heavily.
On the other major UK news of...
CATEGORIES: Pound Australian Dollar Forecasts
GBP JPY Exchange Rate Plummets as Japan’s Trade Balance Rallies
22 Mar 2017 at 11 AM - Written by John Cameron
STORY LINK GBP JPY Exchange Rate Plummets as Japan’s Trade Balance Rallies
The GBP JPY exchange rate plummeted this morning following the release of Japan’s latest Trade Balance figures
Pound Japanese Yen (GBP JPY) Exchange Rate Falls as Japanese Exports Spike
The Pound Japanese Yen (GBP JPY) exchange rate softened on Wednesday following the release of positive trade figures from Japan.
Japan’s Ministry of Finance (MOF) reported that the domestic Trade Balance printed a ¥813.4bn surplus...
CATEGORIES: Daily Currency Updates Pound Yen Forecasts
GBP CHF Exchange Rate Accelerates after UK Inflation Hits 2.3%
21 Mar 2017 at 4 PM - Written by James Fuller
STORY LINK GBP CHF Exchange Rate Accelerates after UK Inflation Hits 2.3%
The British Pound to Swiss Franc exchange rate slumped on Wednesday afternoon. Investors cooled on the Pound following Tuesday’s rally and demand for traditional ‘safe haven’ currencies like the Franc surged.
As demand for the US Dollar weakened and investors began to grow impatient waiting for fiscal policy news from US President Trump, the ‘Trump rally’ unravelled and investors bought into safe havens, benefitting...
CATEGORIES: Pound Swiss Franc Forecasts
Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate
21 Mar 2017 at 4 PM - Written by Tim Boyer
STORY LINK Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate
The British Pound to New Zealand Dollar exchange rate fell back towards the week’s opening levels from its weekly highs as the Pound’s inflation-inspired rally ran out of steam.
New Zealand Dollar investors are likely to firm in the ‘Kiwi’ ahead of the Reserve Bank of New Zealand’s (RBNZ) policy decision, which takes place in Thursday’s Asian session.
[Previously updated 22/03/2017]
Ahead of tonight’s...
CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts