Currency News

Daily Exchange Rate Forecasts & Currency News

Daily Currency Updates

A round up of the latest daily currency updates from the Currency News desk.

Euro to US Dollar Exchange Rate Advances as First Trump Weekend Disappoints

23 Jan 2017 at 11 AM - Written by John Cameron

The Euro to US Dollar exchange rate has gradually advanced so far this year and the new week seems to be continuing that trend as market disappointment in the new US Trump administration has weighed on USD demand. EUR/USD saw a modest advance last week, from 1.0642 to 1.0701. When markets opened on Monday morning the pair quickly advanced...

CATEGORIES: Daily Currency Updates Euro Forecasts

Gold Prices Drop Off, Pound Swiss Franc Exchange Rate Improves

19 Jan 2017 at 3 PM - Written by James Fuller

The British Pound to Swiss Franc exchange rate fluctuated on Friday afternoon as markets adjusted on ‘safe haven’ currencies ahead of Donald Trump’s Presidential inauguration, due to take place during the American session. Demand for the Pound recovered slightly from the morning’s retail-sales related selloff. However, GBP/CHF was...

CATEGORIES: Currency Predictions Daily Currency Updates Swiss Franc Forecasts

GBP NZD Exchange Slips after Brexit Speech Spike

18 Jan 2017 at 1 PM - Written by James Fuller

The British Pound to New Zealand Dollar exchange rate slipped on Thursday afternoon, as demand for risk-correlated currencies remained high. With the inauguration of Donald Trump as the next US President approaching, investors have been expressing their disappointment with his lack of economic rhetoric in recent weeks by indulging in...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP EUR Exchange Rallies as PM Outlines 'Brexit' Plans

17 Jan 2017 at 3 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend over half a cent below the day’s opening levels towards the end of Wednesday’s session, but was able to limit its losses after a date for the Supreme Court’s Article 50 case decision was announced. UK Supreme Court will announce whether it will side with the High Court or UK...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Euro Forecasts

Oil Glut Worries Sends Pound Norwegian Krone Exchange Rate Higher

12 Jan 2017 at 4 PM - Written by James Fuller

The Pound to Norwegian Krone exchange rate hit new weekly lows on Friday afternoon despite oil prices dropped from their best levels on concerns that OPEC’s planned oil output cuts would not be enough to stimulate long-term price increases. This left GBP/NOK close to 10.3399 – its lowest level since before the US election in November...

CATEGORIES: Daily Currency Updates Pound Norwegian Krone Forecasts

Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

11 Jan 2017 at 11 AM - Written by Toni Johnson

The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

Conflicting UK Data Releases Leave Investors Wary of UK Currency, GBP NZD Exchange Rate Crashes

11 Jan 2017 at 10 AM - Written by Frank Davies

The Pound to New Zealand Dollar exchange rate continued to trend near the week’s worst levels on Thursday afternoon and is unlikely to recover by the end of the week due to a lack of incoming UK news. The anticipated decision date of the UK Supreme Court is expected to be made at least three working days before judgement is confirmed and...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

PM May Fails to Calm Panicked Markets, Pound US Dollar Suffers

10 Jan 2017 at 2 PM - Written by Tim Boyer

The Pound to US Dollar exchange rate plummeted on Wednesday afternoon, as US markets opened and traders became jittery as US President-elect Donald Trump held his first press conference since being elected. Investors are anxious ahead of the beginning of the Trump Presidency amid high uncertainty about the unorthodox President, but hopes...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Remains Under Pressure from Bullish Oil Outlook

4 Jan 2017 at 4 PM - Written by Toni Johnson

The Pound to Canadian Dollar exchange rate failed to recover from its worst levels since October 2016 on Thursday afternoon, as the ‘Loonie’ continued to be boosted by the latest oil news. Prices of brent crude oil gained almost 1% throughout the day to reach US$56.95 per barrel, and with OPEC’s oil output cap plans taking effect...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

GBP EUR Exchange Rate Rises as Manufacturing Data Impresses

3 Jan 2017 at 2 PM - Written by John Cameron

The Pound to Euro exchange rate slipped on Wednesday afternoon after spending most of the day edging higher. A weaker US Dollar and solid Eurozone ecostats allowed the Euro to advance. Various UK and Eurozone ecostats will be published on Thursday, including Britain’s services and composite PMI results from Markit, and Germany’s...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts