Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 3

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

Pound Euro Rate Remains Under Pressure as Odds of Hard Brexit Rise

10 Jan 2017 at 4 PM - Written by John Cameron

The Pound to Euro exchange rate continued to trend relatively tightly on Wednesday afternoon, but was largely unable to hold its best daily levels. Markets turned their attention to a press conference held by US President-elect Donald Trump, leaving the Pound and Euro even limper. The pair could fall again in the coming days if investors begin to increase their bets against the Pound again. [Previously updated 10/01/2017]...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound 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 are high that he will stimulate the economy and could even pressure the Fed to hike US...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP INR Exchange Rate Plummets as Theresa May Hints at ‘Hard Brexit'

9 Jan 2017 at 1 PM - Written by James Fuller

The Pound to Indian Rupee exchange rate climbed out of its worst weekly levels on Tuesday afternoon as the week’s Sterling bearishness faded, as did demand for risk-correlated currencies like the Rupee. Comments from the leader of the UK’s Labour party, Jeremy Corbyn, advocating for EU single market access boosted hopes from investors that Tory backbenchers would have enough support to vote for single market access to be a...

CATEGORIES: Currency Predictions Pound Rupee Forecasts

Pound Sterling (GBP) to Japanese Yen (JPY) Drops to Lowest Level Since November on Brexit Fears

9 Jan 2017 at 1 PM - Written by John Cameron

The Pound to Japanese Yen exchange rate continued to trend poorly throughout Tuesday’s European session but held above the week’s worst levels in the afternoon. This was partially due to the week’s GBP bearishness fading, but also hope from investors that the opposition Labour party would help the case for Tory backbenchers after Labour leader Corbyn came out in support for remaining in the market. [Previously updated...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate Drops to 1.16 Today as Haldane Forecast Hits Home

6 Jan 2017 at 2 PM - Written by Ben Hughes

GBP EUR Exchange Rate Recap: Major Pound Losses Follow Haldane’s BoE Forecast The Pound has shed any gains recorded against the Euro on Thursday after the positive services PMI result, and has instead slumped by -0.3% against the Euro. The source of the waning demand for GBP has been Bank of England (BoE) official Andy Haldane, who in addition to apologising for ‘scaremongering’ BoE forecasts before the Referendum,...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts

Narrowed Swiss Foreign Reserves Failed to Boost Pound Swiss Franc Exchange Rate

6 Jan 2017 at 11 AM - Written by John Cameron

A modest improvement in the Swiss Consumer Price Index weighed on the Pound Sterling Swiss Franc (GBP CHF) exchange rate, even though domestic inflationary pressure remains a long way short of the Swiss National Bank’s (SNB) target. Strong UK PMIs Failed to Prevent GBP CHF Downtrend Confidence in the resilience of the UK economy was boosted this week by the unexpectedly strong performance from December’s raft of PMIs,...

CATEGORIES: Currency Predictions Pound Swiss Franc Forecasts

Dovish BoE Commentary Saw Pound Euro Extend Slump

5 Jan 2017 at 3 PM - Written by Tim Boyer

The Pound to Euro exchange rate extended its weekly lows on Friday morning as markets maintained a bearish view on the British currency amid dire UK forecasts and Brexit jitters. Demand for the Euro remained sturdy even after the US Dollar began to strengthen on Friday afternoon, as the week’s Eurozone data had left investors more optimistic on the Eurozone economy. (Previously updated 05/01/2017) The rapid appointment...

CATEGORIES: Euro Forecasts Euro Pound Forecasts

Eurozone Retail PMI Disappoints, EUR/USD Exchange Rate Softens

5 Jan 2017 at 2 PM - Written by Ben Hughes

The Euro to US Dollar exchange rate fell from its best levels on Friday afternoon as the latest US Non-Farm Payroll results left traders optimistic about the US economy in 2017. While the job market didn’t increase as much as expected in December 2016, the increase in jobs was close enough to forecasts to not be concerning and some analysts were cheered by slight improvements in wage growth. (Previously updated 05/01/2016)...

CATEGORIES: Currency Predictions Euro Forecasts

Strong UK Data Doesn't Prevent GBP AUD Losses

5 Jan 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate continued to plunge on Friday afternoon as risk-sentiment remained strong despite an increase in demand for the US Dollar. If prices of iron ore begin to fall in the coming week as many forecasters believe it will, the Australian Dollar could be undermined and GBP/AUD could register some solid gains. (Previously updated 05/01/2017) The Pound to Australian Dollar exchange rate...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Sterling 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 traders hope the commodity will continue to rise in price. (Previously updated 04/01/2017)...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts