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.

GBP JPY Exchange Rate Plummets as Japan’s Trade Balance Rallies

22 Mar 2017 at 11 AM - Written by John Cameron

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...

CATEGORIES: Daily Currency Updates Pound Yen Forecasts

Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate

21 Mar 2017 at 4 PM - Written by Tim Boyer

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...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

EUR to USD Exchange Rate Tests Monthly Highs on Cautious Optimism in Eurozone

20 Mar 2017 at 11 AM - Written by Ben Hughes

The Euro to US Dollar exchange rate surged on Tuesday, hitting its best levels since early-November 2016 following Monday’s televised French election debate. The debate saw centrist front runner put in a strong performance against his anti-EU opponent Marine Le Pen. As bets of a Macron win increased, the Euro saw relief from its recent...

CATEGORIES: Daily Currency Updates Euro Forecasts

GBP ZAR Exchange Rate Tight on Zuma Questioning

16 Mar 2017 at 4 PM - Written by Toni Johnson

The British Pound to South African Rand exchange rate held above weekly lows towards the end of the week’s European session, but still looked to record losses this week and end the week near lows not seen since 2013. Analysts are becoming increasingly optimistic on the Rand outlook and risk measures on the currency have been consistently...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts

GBP CAD Exchange Rate Spikes as BoE’s Forbes Pushes for Rate Hike

16 Mar 2017 at 2 PM - Written by Frank Davies

The British Pound to Canadian Dollar exchange rate continued to trend near the week’s best levels on Friday afternoon and looked to end the week over half a cent above its opening levels. Oil prices have been in flux throughout the week, making it difficult for the Canadian Dollar to benefit. This week’s Bank of England (BoE) news has...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

USD GBP Exchange Rate Could Surge on Hawkish Fed Commentary

15 Mar 2017 at 4 PM - Written by Ben Hughes

The US Dollar to British Pound exchange rate plunged on Thursday afternoon following the week’s Bank of England (BoE) policy decision. While monetary policy was left frozen as expected, Kristin Forbes, a member of the Monetary Policy Committee (MPC), unexpectedly voted to hike UK interest rates back up to 0.5%. This bolstered bets that...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Rises as UK Unemployment Hits Lowest Level Since 1975

15 Mar 2017 at 10 AM - Written by James Fuller

The British Pound to Australian Dollar exchange rate surged on Thursday afternoon following the Bank of England’s (BoE) March policy decision due to hawkish action from one member of the Monetary Policy Committee (MPC). Kristin Forbes voted to hike UK interest rates back up to 0.5%. While policy was left frozen, this impressed traders as...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP EUR Exchange Rate Slumps Ahead of Spring Budget

8 Mar 2017 at 12 PM - Written by Tim Boyer

The British Pound to Euro exchange rate continued to slump on Thursday as investors bought up the Euro following the day’s press conference from European Central Bank (ECB) President Mario Draghi. The typically dovish Draghi undertook a surprisingly hawkish stance during the presser, stating that downside risks in inflation had largely...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts

GBP USD Exchange Rate Slides as UK House Prices Plummet

7 Mar 2017 at 2 PM - Written by Toni Johnson

The GBP USD exchange rate slumped to a new six-week low this morning as markets reacted poorly to the latest Halifax House Price figures. Pound US Dollar (GBP USD) Tumbles as UK Housing Data Disappoints The Pound US Dollar (GBP USD) exchange rate fell this morning following some disappointing housing data from the UK. Data compiled...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

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